Kjell Norstrand AS

5239 RÅDAL

Finances

Share Ownership

Return on Equity

−41,42 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 663 000	7 752 000	6 866 000	7 181 000
Net Income	−169 000	127 000	−68 000	−109 000
Total Assets	1 779 000	2 231 000	1 992 000	1 719 000
Total Equity	408 000	576 000	449 000	517 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 663 000	7 752 000	6 866 000	7 181 000
Expenditure	7 837 000	7 572 000	6 882 000	7 270 000
Operating Profit	−174 000	180 000	−16 000	−89 000
Financial Income	23 000	20 000	6 000	4 000
Financial Costs	65 000	37 000	77 000	54 000
Financial Balance	−42 000	−17 000	−71 000	−50 000
Earnings Before Tax	−216 000	163 000	−87 000	−139 000
Tax	−48 000	36 000	−19 000	−30 000
Net Income	−169 000	127 000	−68 000	−109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 000	47 000	83 000	95 000
Total Current Assets	1 685 000	2 183 000	1 909 000	1 624 000
Total Assets	1 779 000	2 231 000	1 992 000	1 719 000
Total Retained Equity	158 000	326 000	199 000	267 000
Total Equity	408 000	576 000	449 000	517 000
Total Long-Term Debt	83 000	389 000	622 000	189 000
Total Current Debt	1 288 000	1 266 000	921 000	1 013 000
Total Equity and Debt	1 779 000	2 231 000	1 992 000	1 719 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 663 000	7 752 000	6 866 000	7 181 000
Other Income	0	0	0	0
Revenue	7 663 000	7 752 000	6 866 000	7 181 000
Cost of Goods Sold	4 390 000	4 311 000	3 862 000	4 171 000
Salary Costs	2 066 000	1 936 000	1 739 000	1 663 000
Depreciation	0	0	31 000	132 000
Impairment	0	0	0	0
Expenditure	7 837 000	7 572 000	6 882 000	7 270 000
Operating Profit	−174 000	180 000	−16 000	−89 000
Financial Income	23 000	20 000	6 000	4 000
Financial Costs	65 000	37 000	77 000	54 000
Financial Balance	−42 000	−17 000	−71 000	−50 000
Dividends	0	0	0	0
Net Income	−169 000	127 000	−68 000	−109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	95 000	47 000	83 000	64 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	31 000
Total Tangible Assets	0	0	0	31 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	95 000	47 000	83 000	95 000
Stock	1 290 000	1 056 000	948 000	1 006 000
Total Investments	0	0	0	0
Cash, Bank	274 000	1 078 000	899 000	589 000
Total Current Assets	1 685 000	2 183 000	1 909 000	1 624 000
Total Assets	1 779 000	2 231 000	1 992 000	1 719 000
Total Equity	408 000	576 000	449 000	517 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	83 000	389 000	622 000	189 000
Creditors	522 000	500 000	319 000	326 000
Unpaid Taxes	455 000	429 000	371 000	432 000
Dividends	0	0	0	0
Other Current Debt	261 000	336 000	231 000	256 000
Total Current Debt	1 288 000	1 266 000	921 000	1 013 000
Total Equity and Debt	1 779 000	2 231 000	1 992 000	1 719 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,42 %	22,05 %	−15,14 %	−21,08 %
Debt-to-Equity Ratio	0,2	0,68	1,39	0,37
Operating Profit Margin	−2,27 %	2,32 %	−0,23 %	−1,24 %
Current Ratio	1,31	1,72	2,07	1,6
Quick Ratio	−842,5	10,4	−70,7	232
Equity Ratio	0,23	0,26	0,23	0,3
Gross Profit Margin	42,71 %	44,39 %	43,75 %	41,92 %