KARMSUND BULK TERMINAL AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

89,38 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 188 000	27 445 000	21 245 000	16 601 000
Net Income	2 879 000	3 387 000	1 379 000	397 000
Total Assets	8 918 000	8 761 000	5 861 000	5 879 000
Total Equity	3 221 000	2 343 000	1 455 000	1 077 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 188 000	27 445 000	21 245 000	16 601 000
Expenditure	24 516 000	23 127 000	19 479 000	16 090 000
Operating Profit	3 672 000	4 319 000	1 767 000	512 000
Financial Income	31 000	26 000	12 000	0
Financial Costs	9 000	2 000	11 000	1 000
Financial Balance	22 000	24 000	1 000	−1 000
Earnings Before Tax	3 694 000	4 343 000	1 768 000	511 000
Tax	815 000	955 000	389 000	115 000
Net Income	2 879 000	3 387 000	1 379 000	397 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 436 000	1 496 000	1 739 000	1 320 000
Total Current Assets	7 482 000	7 265 000	4 122 000	4 559 000
Total Assets	8 918 000	8 761 000	5 861 000	5 879 000
Total Retained Equity	2 221 000	1 343 000	455 000	77 000
Total Equity	3 221 000	2 343 000	1 455 000	1 077 000
Total Long-Term Debt	0	0	25 000	48 000
Total Current Debt	5 697 000	6 418 000	4 380 000	4 754 000
Total Equity and Debt	8 918 000	8 761 000	5 861 000	5 879 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 182 000	27 431 000	20 637 000	16 601 000
Other Income	6 000	15 000	608 000	0
Revenue	28 188 000	27 445 000	21 245 000	16 601 000
Cost of Goods Sold	2 126 000	2 459 000	1 512 000	762 000
Salary Costs	4 954 000	4 280 000	3 420 000	2 342 000
Depreciation	463 000	366 000	331 000	245 000
Impairment	0	0	0	0
Expenditure	24 516 000	23 127 000	19 479 000	16 090 000
Operating Profit	3 672 000	4 319 000	1 767 000	512 000
Financial Income	31 000	26 000	12 000	0
Financial Costs	9 000	2 000	11 000	1 000
Financial Balance	22 000	24 000	1 000	−1 000
Dividends	2 000 000	2 500 000	1 000 000	900 000
Net Income	2 879 000	3 387 000	1 379 000	397 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	110 000	6 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	653 000	828 000	1 108 000	1 264 000
Fixtures	307 000	174 000	21 000	56 000
Total Tangible Assets	960 000	1 002 000	1 129 000	1 320 000
Total Fiancial Fixed Assets	366 000	488 000	610 000	0
Total Fixed Assets	1 436 000	1 496 000	1 739 000	1 320 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 018 000	4 489 000	1 637 000	1 128 000
Total Current Assets	7 482 000	7 265 000	4 122 000	4 559 000
Total Assets	8 918 000	8 761 000	5 861 000	5 879 000
Total Equity	3 221 000	2 343 000	1 455 000	1 077 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	25 000	48 000
Creditors	696 000	770 000	1 613 000	2 341 000
Unpaid Taxes	618 000	591 000	268 000	273 000
Dividends	2 000 000	2 500 000	1 000 000	900 000
Other Current Debt	1 523 000	1 571 000	1 087 000	1 124 000
Total Current Debt	5 697 000	6 418 000	4 380 000	4 754 000
Total Equity and Debt	8 918 000	8 761 000	5 861 000	5 879 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,38 %	144,56 %	94,78 %	36,86 %
Debt-to-Equity Ratio	0	0	0,02	0,04
Operating Profit Margin	13,03 %	15,74 %	8,32 %	3,08 %
Current Ratio	1,31	1,13	0,94	0,96
Quick Ratio	1,31	1,13	0,94	0,96
Equity Ratio	0,36	0,27	0,25	0,18
Gross Profit Margin	92,46 %	91,04 %	92,88 %	95,41 %