KARS VERKSTED AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

−31,56 %

Current Ratio

0,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 320 000	4 006 000	3 453 000	3 262 000
Net Income	−225 000	−432 000	−370 000	340 000
Total Assets	2 205 000	2 209 000	1 865 000	1 726 000
Total Equity	713 000	754 000	703 000	792 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 320 000	4 006 000	3 453 000	3 262 000
Expenditure	5 642 000	4 577 000	3 932 000	2 825 000
Operating Profit	−323 000	−570 000	−478 000	437 000
Financial Income	41 000	25 000	17 000	0
Financial Costs	3 000	8 000	12 000	2 000
Financial Balance	38 000	17 000	5 000	−2 000
Earnings Before Tax	−285 000	−552 000	−473 000	436 000
Tax	−60 000	−121 000	−103 000	96 000
Net Income	−225 000	−432 000	−370 000	340 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 569 000	1 057 000	775 000	350 000
Total Current Assets	637 000	1 151 000	1 090 000	1 376 000
Total Assets	2 205 000	2 209 000	1 865 000	1 726 000
Total Retained Equity	−264 000	−40 000	392 000	762 000
Total Equity	713 000	754 000	703 000	792 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 492 000	1 455 000	1 161 000	934 000
Total Equity and Debt	2 205 000	2 209 000	1 865 000	1 726 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 230 000	3 734 000	3 450 000	3 261 000
Other Income	89 000	272 000	3 000	1 000
Revenue	5 320 000	4 006 000	3 453 000	3 262 000
Cost of Goods Sold	2 682 000	1 882 000	1 451 000	1 243 000
Salary Costs	1 762 000	1 814 000	1 597 000	963 000
Depreciation	90 000	88 000	87 000	78 000
Impairment	0	0	0	0
Expenditure	5 642 000	4 577 000	3 932 000	2 825 000
Operating Profit	−323 000	−570 000	−478 000	437 000
Financial Income	41 000	25 000	17 000	0
Financial Costs	3 000	8 000	12 000	2 000
Financial Balance	38 000	17 000	5 000	−2 000
Dividends	0	0	0	0
Net Income	−225 000	−432 000	−370 000	340 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	16 000	31 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	141 000	186 000	274 000	342 000
Total Tangible Assets	141 000	186 000	274 000	342 000
Total Fiancial Fixed Assets	1 404 000	855 000	469 000	0
Total Fixed Assets	1 569 000	1 057 000	775 000	350 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	201 000	379 000	477 000	121 000
Total Current Assets	637 000	1 151 000	1 090 000	1 376 000
Total Assets	2 205 000	2 209 000	1 865 000	1 726 000
Total Equity	713 000	754 000	703 000	792 000
Short-Term Group Debt	0	0	0	366 000
Total Long-Term Debt	0	0	0	0
Creditors	1 171 000	1 076 000	771 000	283 000
Unpaid Taxes	110 000	180 000	177 000	83 000
Dividends	0	0	0	0
Other Current Debt	211 000	199 000	213 000	100 000
Total Current Debt	1 492 000	1 455 000	1 161 000	934 000
Total Equity and Debt	2 205 000	2 209 000	1 865 000	1 726 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,56 %	−57,29 %	−52,63 %	42,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,07 %	−14,23 %	−13,84 %	13,4 %
Current Ratio	0,43	0,79	0,94	1,47
Quick Ratio	0,43	0,79	0,94	1,47
Equity Ratio	0,32	0,34	0,38	0,46
Gross Profit Margin	49,59 %	53,02 %	57,98 %	61,89 %