KARMEL AS

6817 NAUSTDAL

Finances

Share Ownership

Return on Equity

18,27 %

Current Ratio

3,45

Debt-to-Equity Ratio

22,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	652 000	700 000	521 000	252 000
Net Income	99 000	230 000	116 000	25 000
Total Assets	12 669 000	12 520 000	11 665 000	11 022 000
Total Equity	542 000	442 000	212 000	95 000

Income (NOK)	2022	2021	2020	2019
Revenue	652 000	700 000	521 000	252 000
Expenditure	259 000	257 000	184 000	74 000
Operating Profit	393 000	443 000	336 000	178 000
Financial Income	12 000	4 000	3 000	0
Financial Costs	274 000	152 000	190 000	150 000
Financial Balance	−262 000	−148 000	−187 000	−150 000
Earnings Before Tax	130 000	295 000	149 000	28 000
Tax	31 000	65 000	33 000	3 000
Net Income	99 000	230 000	116 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 172 000	12 173 000	11 457 000	10 964 000
Total Current Assets	497 000	346 000	208 000	58 000
Total Assets	12 669 000	12 520 000	11 665 000	11 022 000
Total Retained Equity	512 000	412 000	182 000	65 000
Total Equity	542 000	442 000	212 000	95 000
Total Long-Term Debt	11 983 000	11 979 000	11 381 000	10 886 000
Total Current Debt	144 000	98 000	72 000	40 000
Total Equity and Debt	12 669 000	12 520 000	11 665 000	11 022 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	176 000	207 000	98 000	12 000
Other Income	476 000	493 000	423 000	240 000
Revenue	652 000	700 000	521 000	252 000
Cost of Goods Sold	8 000	0	0	0
Salary Costs	0	0	0	1 000
Depreciation	12 000	16 000	0	0
Impairment	0	0	0	0
Expenditure	259 000	257 000	184 000	74 000
Operating Profit	393 000	443 000	336 000	178 000
Financial Income	12 000	4 000	3 000	0
Financial Costs	274 000	152 000	190 000	150 000
Financial Balance	−262 000	−148 000	−187 000	−150 000
Dividends	0	0	0	0
Net Income	99 000	230 000	116 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 140 000	12 140 000	11 442 000	10 964 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	31 000	33 000	15 000	0
Total Tangible Assets	12 172 000	12 173 000	11 457 000	10 964 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 172 000	12 173 000	11 457 000	10 964 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	491 000	346 000	168 000	58 000
Total Current Assets	497 000	346 000	208 000	58 000
Total Assets	12 669 000	12 520 000	11 665 000	11 022 000
Total Equity	542 000	442 000	212 000	95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 983 000	11 979 000	11 381 000	10 886 000
Creditors	9 000	12 000	4 000	1 000
Unpaid Taxes	7 000	3 000	23 000	0
Dividends	0	0	0	0
Other Current Debt	100 000	18 000	12 000	34 000
Total Current Debt	144 000	98 000	72 000	40 000
Total Equity and Debt	12 669 000	12 520 000	11 665 000	11 022 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,27 %	52,04 %	54,72 %	26,32 %
Debt-to-Equity Ratio	22,11	27,1	53,68	114,59
Operating Profit Margin	60,28 %	63,29 %	64,49 %	70,63 %
Current Ratio	3,45	3,53	2,89	1,45
Quick Ratio	3,45	3,53	2,89	1,45
Equity Ratio	0,04	0,04	0,02	0,01
Gross Profit Margin	98,77 %	100 %	100 %	100 %