KURT NORHEIM AS

6869 HAFSLO

Finances

Return on Equity

11,62 %

Current Ratio

5,62

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 927 000	1 901 000	1 850 000	1 320 000
Net Income	557 000	1 032 000	950 000	442 000
Total Assets	6 582 000	6 042 000	4 198 000	3 009 000
Total Equity	4 794 000	4 237 000	3 205 000	2 255 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 927 000	1 901 000	1 850 000	1 320 000
Expenditure	993 000	947 000	944 000	754 000
Operating Profit	933 000	954 000	906 000	566 000
Financial Income	0	382 000	245 000	1 000
Financial Costs	176 000	14 000	0	0
Financial Balance	−176 000	368 000	245 000	1 000
Earnings Before Tax	757 000	1 323 000	1 150 000	566 000
Tax	200 000	291 000	201 000	125 000
Net Income	557 000	1 032 000	950 000	442 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	503 000	313 000	323 000	2 012 000
Total Current Assets	6 079 000	5 729 000	3 874 000	997 000
Total Assets	6 582 000	6 042 000	4 198 000	3 009 000
Total Retained Equity	4 764 000	4 207 000	3 175 000	2 225 000
Total Equity	4 794 000	4 237 000	3 205 000	2 255 000
Total Long-Term Debt	707 000	708 000	1 000	0
Total Current Debt	1 081 000	1 098 000	992 000	753 000
Total Equity and Debt	6 582 000	6 042 000	4 198 000	3 009 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 927 000	1 901 000	1 850 000	1 320 000
Other Income	0	0	0	0
Revenue	1 927 000	1 901 000	1 850 000	1 320 000
Cost of Goods Sold	0	32 000	66 000	26 000
Salary Costs	938 000	849 000	837 000	665 000
Depreciation	10 000	10 000	6 000	0
Impairment	0	0	0	0
Expenditure	993 000	947 000	944 000	754 000
Operating Profit	933 000	954 000	906 000	566 000
Financial Income	0	382 000	245 000	1 000
Financial Costs	176 000	14 000	0	0
Financial Balance	−176 000	368 000	245 000	1 000
Dividends	0	0	0	0
Net Income	557 000	1 032 000	950 000	442 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	13 000	19 000	25 000	0
Fixtures	11 000	15 000	20 000	0
Total Tangible Assets	24 000	35 000	45 000	0
Total Fiancial Fixed Assets	479 000	279 000	279 000	2 012 000
Total Fixed Assets	503 000	313 000	323 000	2 012 000
Stock	0	0	0	0
Total Investments	4 239 000	4 137 000	2 605 000	0
Cash, Bank	537 000	1 102 000	899 000	717 000
Total Current Assets	6 079 000	5 729 000	3 874 000	997 000
Total Assets	6 582 000	6 042 000	4 198 000	3 009 000
Total Equity	4 794 000	4 237 000	3 205 000	2 255 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	707 000	708 000	1 000	0
Creditors	41 000	34 000	52 000	4 000
Unpaid Taxes	207 000	176 000	206 000	131 000
Dividends	0	0	0	0
Other Current Debt	632 000	596 000	534 000	494 000
Total Current Debt	1 081 000	1 098 000	992 000	753 000
Total Equity and Debt	6 582 000	6 042 000	4 198 000	3 009 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,62 %	24,36 %	29,64 %	19,6 %
Debt-to-Equity Ratio	0,15	0,17	0	0
Operating Profit Margin	48,42 %	50,18 %	48,97 %	42,88 %
Current Ratio	5,62	5,22	3,91	1,32
Quick Ratio	5,62	5,22	3,91	1,32
Equity Ratio	0,73	0,7	0,76	0,75
Gross Profit Margin	100 %	98,32 %	96,43 %	98,03 %