KALSETH AS

7670 INDERØY

Finances

Share Ownership

Return on Equity

−8,37 %

Current Ratio

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 269 000	4 044 000	5 058 000	4 676 000
Net Income	−220 000	445 000	912 000	511 000
Total Assets	6 291 000	6 778 000	7 014 000	6 477 000
Total Equity	2 628 000	2 848 000	2 403 000	1 491 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 269 000	4 044 000	5 058 000	4 676 000
Expenditure	2 487 000	3 406 000	3 788 000	3 919 000
Operating Profit	−218 000	637 000	1 271 000	776 000
Financial Income	16 000	1 000	3 000	2 000
Financial Costs	80 000	68 000	104 000	122 000
Financial Balance	−64 000	−67 000	−101 000	−120 000
Earnings Before Tax	−282 000	571 000	1 170 000	656 000
Tax	−62 000	126 000	257 000	145 000
Net Income	−220 000	445 000	912 000	511 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 291 000	4 824 000	4 984 000	5 186 000
Total Current Assets	1 000 000	1 953 000	2 030 000	1 291 000
Total Assets	6 291 000	6 778 000	7 014 000	6 477 000
Total Retained Equity	2 598 000	2 818 000	2 373 000	1 461 000
Total Equity	2 628 000	2 848 000	2 403 000	1 491 000
Total Long-Term Debt	2 661 000	2 917 000	3 162 000	4 499 000
Total Current Debt	1 002 000	1 012 000	1 449 000	488 000
Total Equity and Debt	6 291 000	6 778 000	7 014 000	6 477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 269 000	4 044 000	4 928 000	4 594 000
Other Income	0	0	130 000	82 000
Revenue	2 269 000	4 044 000	5 058 000	4 676 000
Cost of Goods Sold	69 000	260 000	271 000	305 000
Salary Costs	821 000	1 212 000	1 003 000	1 115 000
Depreciation	474 000	196 000	245 000	240 000
Impairment	0	0	0	0
Expenditure	2 487 000	3 406 000	3 788 000	3 919 000
Operating Profit	−218 000	637 000	1 271 000	776 000
Financial Income	16 000	1 000	3 000	2 000
Financial Costs	80 000	68 000	104 000	122 000
Financial Balance	−64 000	−67 000	−101 000	−120 000
Dividends	0	0	0	0
Net Income	−220 000	445 000	912 000	511 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	14 000	18 000	0
Real Eastate	4 827 000	4 333 000	4 441 000	4 549 000
Machinery and Plant Facilities	135 000	168 000	168 000	186 000
Fixtures	0	0	15 000	77 000
Total Tangible Assets	5 237 000	4 810 000	4 966 000	5 186 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	0
Total Fixed Assets	5 291 000	4 824 000	4 984 000	5 186 000
Stock	1 000	17 000	23 000	31 000
Total Investments	0	0	0	0
Cash, Bank	791 000	1 783 000	1 817 000	1 057 000
Total Current Assets	1 000 000	1 953 000	2 030 000	1 291 000
Total Assets	6 291 000	6 778 000	7 014 000	6 477 000
Total Equity	2 628 000	2 848 000	2 403 000	1 491 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 661 000	2 917 000	3 162 000	4 499 000
Creditors	817 000	614 000	946 000	85 000
Unpaid Taxes	72 000	73 000	86 000	147 000
Dividends	0	0	0	0
Other Current Debt	114 000	185 000	154 000	114 000
Total Current Debt	1 002 000	1 012 000	1 449 000	488 000
Total Equity and Debt	6 291 000	6 778 000	7 014 000	6 477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,37 %	15,63 %	37,95 %	34,27 %
Debt-to-Equity Ratio	1,01	1,02	1,32	3,02
Operating Profit Margin	−9,61 %	15,75 %	25,13 %	16,6 %
Current Ratio	1	1,93	1,4	2,65
Quick Ratio	1	1,96	1,42	2,82
Equity Ratio	0,42	0,42	0,34	0,23
Gross Profit Margin	96,96 %	93,57 %	94,64 %	93,48 %