KARMØY ELEKTRO AS

4276 VEAVÅGEN

Finances

Share Ownership

Return on Equity

42,89 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 106 000	5 307 000	4 549 000	1 262 000
Net Income	654 000	155 000	455 000	110 000
Total Assets	3 974 000	1 731 000	1 577 000	701 000
Total Equity	1 525 000	870 000	715 000	260 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 106 000	5 307 000	4 549 000	1 262 000
Expenditure	8 252 000	5 106 000	3 958 000	1 119 000
Operating Profit	854 000	202 000	591 000	142 000
Financial Income	1 000	0	0	0
Financial Costs	12 000	1 000	4 000	1 000
Financial Balance	−11 000	−1 000	−4 000	−1 000
Earnings Before Tax	843 000	201 000	587 000	141 000
Tax	189 000	46 000	132 000	31 000
Net Income	654 000	155 000	455 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	490 000	172 000	77 000	38 000
Total Current Assets	3 485 000	1 559 000	1 500 000	663 000
Total Assets	3 974 000	1 731 000	1 577 000	701 000
Total Retained Equity	1 375 000	720 000	565 000	110 000
Total Equity	1 525 000	870 000	715 000	260 000
Total Long-Term Debt	213 000	6 000	4 000	1 000
Total Current Debt	2 237 000	854 000	857 000	440 000
Total Equity and Debt	3 974 000	1 731 000	1 577 000	701 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 106 000	5 307 000	4 549 000	1 262 000
Other Income	0	0	0	0
Revenue	9 106 000	5 307 000	4 549 000	1 262 000
Cost of Goods Sold	5 067 000	3 366 000	2 583 000	705 000
Salary Costs	2 030 000	1 125 000	859 000	275 000
Depreciation	56 000	26 000	11 000	2 000
Impairment	0	0	0	0
Expenditure	8 252 000	5 106 000	3 958 000	1 119 000
Operating Profit	854 000	202 000	591 000	142 000
Financial Income	1 000	0	0	0
Financial Costs	12 000	1 000	4 000	1 000
Financial Balance	−11 000	−1 000	−4 000	−1 000
Dividends	0	0	0	0
Net Income	654 000	155 000	455 000	110 000

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	400 000	117 000	77 000	38 000
Total Tangible Assets	400 000	117 000	77 000	38 000
Total Fiancial Fixed Assets	90 000	55 000	0	0
Total Fixed Assets	490 000	172 000	77 000	38 000
Stock	450 000	174 000	165 000	0
Total Investments	0	0	0	0
Cash, Bank	996 000	504 000	995 000	312 000
Total Current Assets	3 485 000	1 559 000	1 500 000	663 000
Total Assets	3 974 000	1 731 000	1 577 000	701 000
Total Equity	1 525 000	870 000	715 000	260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	213 000	6 000	4 000	1 000
Creditors	1 257 000	466 000	395 000	244 000
Unpaid Taxes	410 000	136 000	148 000	78 000
Dividends	0	0	0	0
Other Current Debt	386 000	208 000	185 000	88 000
Total Current Debt	2 237 000	854 000	857 000	440 000
Total Equity and Debt	3 974 000	1 731 000	1 577 000	701 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,89 %	17,82 %	63,64 %	42,31 %
Debt-to-Equity Ratio	0,14	0,01	0,01	0
Operating Profit Margin	9,38 %	3,81 %	12,99 %	11,25 %
Current Ratio	1,56	1,83	1,75	1,51
Quick Ratio	1,95	2,29	2,17	1,51
Equity Ratio	0,38	0,5	0,45	0,37
Gross Profit Margin	44,36 %	36,57 %	43,22 %	44,14 %