KRUMSVIK ELEKTRO AS

5516 HAUGESUND

Finances

Share Ownership

Return on Equity

34,18 %

Current Ratio

2,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 898 000	7 183 000	6 595 000	5 019 000
Net Income	1 221 000	1 739 000	553 000	453 000
Total Assets	5 954 000	4 791 000	3 541 000	2 609 000
Total Equity	3 572 000	2 851 000	1 612 000	1 359 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 898 000	7 183 000	6 595 000	5 019 000
Expenditure	5 799 000	6 002 000	5 847 000	4 522 000
Operating Profit	1 982 000	1 429 000	711 000	582 000
Financial Income	24 000	625 000	4 000	2 000
Financial Costs	329 000	1 000	1 000	0
Financial Balance	−305 000	624 000	3 000	2 000
Earnings Before Tax	1 677 000	2 053 000	715 000	583 000
Tax	455 000	314 000	161 000	131 000
Net Income	1 221 000	1 739 000	553 000	453 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	79 000	58 000	15 000	30 000
Total Current Assets	5 874 000	4 734 000	3 526 000	2 578 000
Total Assets	5 954 000	4 791 000	3 541 000	2 609 000
Total Retained Equity	3 472 000	2 751 000	1 512 000	1 259 000
Total Equity	3 572 000	2 851 000	1 612 000	1 359 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 381 000	1 940 000	1 929 000	1 250 000
Total Equity and Debt	5 954 000	4 791 000	3 541 000	2 609 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 897 000	7 181 000	6 595 000	5 019 000
Other Income	1 000	2 000	0	0
Revenue	7 898 000	7 183 000	6 595 000	5 019 000
Cost of Goods Sold	2 027 000	2 534 000	2 640 000	1 512 000
Salary Costs	2 820 000	2 515 000	2 308 000	2 107 000
Depreciation	17 000	22 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	5 799 000	6 002 000	5 847 000	4 522 000
Operating Profit	1 982 000	1 429 000	711 000	582 000
Financial Income	24 000	625 000	4 000	2 000
Financial Costs	329 000	1 000	1 000	0
Financial Balance	−305 000	624 000	3 000	2 000
Dividends	500 000	500 000	300 000	300 000
Net Income	1 221 000	1 739 000	553 000	453 000

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	79 000	58 000	15 000	30 000
Total Tangible Assets	79 000	58 000	15 000	30 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	79 000	58 000	15 000	30 000
Stock	303 000	421 000	173 000	210 000
Total Investments	2 842 000	2 848 000	0	0
Cash, Bank	948 000	894 000	2 985 000	1 404 000
Total Current Assets	5 874 000	4 734 000	3 526 000	2 578 000
Total Assets	5 954 000	4 791 000	3 541 000	2 609 000
Total Equity	3 572 000	2 851 000	1 612 000	1 359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	335 000	272 000	862 000	123 000
Unpaid Taxes	702 000	398 000	248 000	388 000
Dividends	500 000	500 000	300 000	300 000
Other Current Debt	389 000	457 000	358 000	308 000
Total Current Debt	2 381 000	1 940 000	1 929 000	1 250 000
Total Equity and Debt	5 954 000	4 791 000	3 541 000	2 609 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,18 %	61 %	34,31 %	33,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,09 %	19,89 %	10,78 %	11,6 %
Current Ratio	2,47	2,44	1,83	2,06
Quick Ratio	2,83	3,12	2,01	2,48
Equity Ratio	0,6	0,6	0,46	0,52
Gross Profit Margin	74,34 %	64,72 %	59,97 %	69,87 %