KURSIV LED & PRINT AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

55,61 %

Current Ratio

2,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 095 000	785 000	512 000	494 000
Net Income	124 000	32 000	44 000	3 000
Total Assets	334 000	365 000	215 000	105 000
Total Equity	223 000	99 000	67 000	92 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 095 000	785 000	512 000	494 000
Expenditure	936 000	744 000	456 000	489 000
Operating Profit	159 000	41 000	56 000	5 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	159 000	41 000	56 000	4 000
Tax	35 000	9 000	12 000	1 000
Net Income	124 000	32 000	44 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 000	55 000	18 000	16 000
Total Current Assets	277 000	310 000	197 000	89 000
Total Assets	334 000	365 000	215 000	105 000
Total Retained Equity	200 000	76 000	44 000	69 000
Total Equity	223 000	99 000	67 000	92 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	111 000	266 000	148 000	14 000
Total Equity and Debt	334 000	365 000	215 000	105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 095 000	785 000	512 000	494 000
Other Income	0	0	0	0
Revenue	1 095 000	785 000	512 000	494 000
Cost of Goods Sold	876 000	706 000	389 000	415 000
Salary Costs	0	0	0	0
Depreciation	39 000	21 000	4 000	0
Impairment	0	0	0	0
Expenditure	936 000	744 000	456 000	489 000
Operating Profit	159 000	41 000	56 000	5 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	124 000	32 000	44 000	3 000

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	57 000	55 000	18 000	0
Total Tangible Assets	57 000	55 000	18 000	0
Total Fiancial Fixed Assets	0	0	0	16 000
Total Fixed Assets	57 000	55 000	18 000	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	102 000	288 000	161 000	9 000
Total Current Assets	277 000	310 000	197 000	89 000
Total Assets	334 000	365 000	215 000	105 000
Total Equity	223 000	99 000	67 000	92 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	43 000	232 000	78 000	12 000
Unpaid Taxes	33 000	0	8 000	1 000
Dividends	0	0	0	0
Other Current Debt	0	25 000	50 000	0
Total Current Debt	111 000	266 000	148 000	14 000
Total Equity and Debt	334 000	365 000	215 000	105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,61 %	32,32 %	65,67 %	3,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,52 %	5,22 %	10,94 %	1,01 %
Current Ratio	2,5	1,17	1,33	6,36
Quick Ratio	2,5	1,17	1,33	6,36
Equity Ratio	0,67	0,27	0,31	0,88
Gross Profit Margin	20 %	10,06 %	24,02 %	15,99 %