KARMØY KYSTKULTUR AS

4275 SÆVELANDSVIK

Finances

Share Ownership

Return on Equity

27,42 %

Current Ratio

2,5

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	237 000	11 000	156 000	876 000
Net Income	68 000	−72 000	−39 000	8 000
Total Assets	410 000	241 000	336 000	451 000
Total Equity	248 000	179 000	251 000	290 000

Income (NOK)	2022	2021	2020	2019
Revenue	237 000	11 000	156 000	876 000
Expenditure	162 000	85 000	205 000	857 000
Operating Profit	75 000	−73 000	−50 000	18 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	0	8 000
Financial Balance	−4 000	−2 000	0	−8 000
Earnings Before Tax	71 000	−75 000	−50 000	10 000
Tax	3 000	−4 000	−11 000	2 000
Net Income	68 000	−72 000	−39 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	15 000	17 000	19 000
Total Current Assets	397 000	226 000	320 000	432 000
Total Assets	410 000	241 000	336 000	451 000
Total Retained Equity	218 000	149 000	221 000	260 000
Total Equity	248 000	179 000	251 000	290 000
Total Long-Term Debt	3 000	0	4 000	1 000
Total Current Debt	159 000	61 000	82 000	160 000
Total Equity and Debt	410 000	241 000	336 000	451 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	237 000	11 000	115 000	876 000
Other Income	0	0	41 000	0
Revenue	237 000	11 000	156 000	876 000
Cost of Goods Sold	110 000	11 000	33 000	388 000
Salary Costs	20 000	32 000	0	207 000
Depreciation	2 000	2 000	2 000	2 000
Impairment	0	0	0	0
Expenditure	162 000	85 000	205 000	857 000
Operating Profit	75 000	−73 000	−50 000	18 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	0	8 000
Financial Balance	−4 000	−2 000	0	−8 000
Dividends	0	0	0	0
Net Income	68 000	−72 000	−39 000	8 000

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	0	0	0	0
Fixtures	12 000	15 000	17 000	19 000
Total Tangible Assets	12 000	15 000	17 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	15 000	17 000	19 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	241 000	5 000	2 000	57 000
Total Current Assets	397 000	226 000	320 000	432 000
Total Assets	410 000	241 000	336 000	451 000
Total Equity	248 000	179 000	251 000	290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	4 000	1 000
Creditors	97 000	9 000	2 000	36 000
Unpaid Taxes	29 000	38 000	0	31 000
Dividends	0	0	0	0
Other Current Debt	33 000	14 000	80 000	90 000
Total Current Debt	159 000	61 000	82 000	160 000
Total Equity and Debt	410 000	241 000	336 000	451 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,42 %	−40,22 %	−15,54 %	2,76 %
Debt-to-Equity Ratio	0,01	0	0,02	0
Operating Profit Margin	31,65 %	−663,64 %	−32,05 %	2,05 %
Current Ratio	2,5	3,7	3,9	2,7
Quick Ratio	2,5	3,7	3,9	2,7
Equity Ratio	0,6	0,74	0,75	0,64
Gross Profit Margin	53,59 %	0 %	78,85 %	55,71 %