KÅRE NETELAND HOLDING AS

5600 NORHEIMSUND

Finances

Return on Equity

67,66 %

Current Ratio

1,79

Debt-to-Equity Ratio

1,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 195 000	79 528 000	86 931 000	105 049 000
Net Income	11 542 000	899 000	1 199 000	362 000
Total Assets	73 416 000	57 969 000	37 421 000	41 207 000
Total Equity	17 059 000	5 517 000	4 458 000	3 259 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 195 000	79 528 000	86 931 000	105 049 000
Expenditure	109 264 000	78 220 000	85 462 000	104 329 000
Operating Profit	8 930 000	1 308 000	1 468 000	720 000
Financial Income	5 691 000	477 000	517 000	358 000
Financial Costs	1 484 000	730 000	553 000	679 000
Financial Balance	4 207 000	−253 000	−36 000	−321 000
Earnings Before Tax	13 138 000	1 055 000	1 432 000	399 000
Tax	1 596 000	156 000	233 000	37 000
Net Income	11 542 000	899 000	1 199 000	362 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 110 000	33 202 000	15 939 000	14 363 000
Total Current Assets	40 306 000	24 767 000	21 482 000	26 844 000
Total Assets	73 416 000	57 969 000	37 421 000	41 207 000
Total Retained Equity	17 029 000	5 487 000	4 428 000	3 229 000
Total Equity	17 059 000	5 517 000	4 458 000	3 259 000
Total Long-Term Debt	33 899 000	32 459 000	17 088 000	15 808 000
Total Current Debt	22 458 000	19 993 000	15 875 000	22 140 000
Total Equity and Debt	73 416 000	57 969 000	37 421 000	41 207 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	117 713 000	79 353 000	84 988 000	104 550 000
Other Income	482 000	174 000	1 943 000	498 000
Revenue	118 195 000	79 528 000	86 931 000	105 049 000
Cost of Goods Sold	50 201 000	28 621 000	38 051 000	52 295 000
Salary Costs	46 066 000	37 436 000	34 555 000	37 517 000
Depreciation	2 788 000	2 849 000	2 211 000	2 472 000
Impairment	0	0	0	0
Expenditure	109 264 000	78 220 000	85 462 000	104 329 000
Operating Profit	8 930 000	1 308 000	1 468 000	720 000
Financial Income	5 691 000	477 000	517 000	358 000
Financial Costs	1 484 000	730 000	553 000	679 000
Financial Balance	4 207 000	−253 000	−36 000	−321 000
Dividends	0	0	0	0
Net Income	11 542 000	899 000	1 199 000	362 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	72 000	476 000	540 000
Total Intangible Assets	29 000	72 000	476 000	540 000
Real Eastate	22 544 000	22 575 000	3 281 000	0
Machinery and Plant Facilities	6 547 000	4 151 000	6 024 000	7 666 000
Fixtures	0	0	0	0
Total Tangible Assets	29 092 000	26 725 000	9 305 000	7 666 000
Total Fiancial Fixed Assets	3 989 000	6 404 000	6 158 000	6 158 000
Total Fixed Assets	33 110 000	33 202 000	15 939 000	14 363 000
Stock	9 103 000	5 989 000	5 004 000	4 908 000
Total Investments	0	0	0	0
Cash, Bank	9 733 000	4 099 000	4 696 000	7 859 000
Total Current Assets	40 306 000	24 767 000	21 482 000	26 844 000
Total Assets	73 416 000	57 969 000	37 421 000	41 207 000
Total Equity	17 059 000	5 517 000	4 458 000	3 259 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 899 000	32 459 000	17 088 000	15 808 000
Creditors	5 760 000	5 044 000	5 637 000	5 784 000
Unpaid Taxes	7 581 000	4 732 000	5 920 000	5 147 000
Dividends	0	0	0	0
Other Current Debt	9 042 000	3 692 000	4 096 000	4 235 000
Total Current Debt	22 458 000	19 993 000	15 875 000	22 140 000
Total Equity and Debt	73 416 000	57 969 000	37 421 000	41 207 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,66 %	16,3 %	26,9 %	11,11 %
Debt-to-Equity Ratio	1,99	5,88	3,83	4,85
Operating Profit Margin	7,56 %	1,64 %	1,69 %	0,69 %
Current Ratio	1,79	1,24	1,35	1,21
Quick Ratio	3,02	1,77	1,98	1,56
Equity Ratio	0,23	0,1	0,12	0,08
Gross Profit Margin	57,53 %	64,01 %	56,23 %	50,22 %