KYSTNETT AS

8276 ULVSVÅG

Finances

Share Ownership

Return on Equity

8,78 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	134 303 000	141 602 000	114 197 000	102 795 000
Net Income	25 633 000	17 445 000	7 523 000	13 685 000
Total Assets	428 946 000	428 189 000	427 093 000	328 565 000
Total Equity	291 965 000	286 966 000	279 934 000	279 462 000

Income (NOK)	2022	2021	2020	2019
Revenue	134 303 000	141 602 000	114 197 000	102 795 000
Expenditure	100 813 000	118 355 000	104 200 000	81 707 000
Operating Profit	33 490 000	23 247 000	9 997 000	21 087 000
Financial Income	1 449 000	680 000	681 000	37 000
Financial Costs	2 037 000	1 526 000	999 000	51 000
Financial Balance	−588 000	−846 000	−318 000	−14 000
Earnings Before Tax	32 902 000	22 400 000	9 678 000	21 073 000
Tax	7 269 000	4 956 000	2 155 000	7 388 000
Net Income	25 633 000	17 445 000	7 523 000	13 685 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	343 268 000	341 289 000	341 615 000	303 237 000
Total Current Assets	85 678 000	86 900 000	85 478 000	25 328 000
Total Assets	428 946 000	428 189 000	427 093 000	328 565 000
Total Retained Equity	14 615 000	9 616 000	2 584 000	2 112 000
Total Equity	291 965 000	286 966 000	279 934 000	279 462 000
Total Long-Term Debt	70 768 000	63 095 000	64 567 000	12 235 000
Total Current Debt	66 212 000	78 128 000	82 591 000	36 868 000
Total Equity and Debt	428 946 000	428 189 000	427 093 000	328 565 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	130 261 000	138 807 000	104 609 000	100 946 000
Other Income	4 042 000	2 794 000	9 588 000	1 849 000
Revenue	134 303 000	141 602 000	114 197 000	102 795 000
Cost of Goods Sold	36 485 000	58 292 000	25 239 000	34 697 000
Salary Costs	23 352 000	20 629 000	38 226 000	14 956 000
Depreciation	14 906 000	14 370 000	12 489 000	11 861 000
Impairment	0	0	0	0
Expenditure	100 813 000	118 355 000	104 200 000	81 707 000
Operating Profit	33 490 000	23 247 000	9 997 000	21 087 000
Financial Income	1 449 000	680 000	681 000	37 000
Financial Costs	2 037 000	1 526 000	999 000	51 000
Financial Balance	−588 000	−846 000	−318 000	−14 000
Dividends	7 160 000	8 790 000	5 000 000	3 000 000
Net Income	25 633 000	17 445 000	7 523 000	13 685 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	338 388 000	336 821 000	337 645 000	290 150 000
Machinery and Plant Facilities	3 400 000	2 752 000	2 098 000	737 000
Fixtures	620 000	856 000	1 012 000	1 183 000
Total Tangible Assets	342 408 000	340 429 000	340 755 000	292 071 000
Total Fiancial Fixed Assets	859 000	859 000	859 000	11 166 000
Total Fixed Assets	343 268 000	341 289 000	341 615 000	303 237 000
Stock	4 885 000	3 020 000	2 901 000	3 102 000
Total Investments	0	0	0	0
Cash, Bank	16 839 000	28 742 000	3 101 000	27 000
Total Current Assets	85 678 000	86 900 000	85 478 000	25 328 000
Total Assets	428 946 000	428 189 000	427 093 000	328 565 000
Total Equity	291 965 000	286 966 000	279 934 000	279 462 000
Short-Term Group Debt	14 262 000	31 340 000	43 223 000	0
Total Long-Term Debt	70 768 000	63 095 000	64 567 000	12 235 000
Creditors	17 234 000	13 001 000	14 413 000	1 091 000
Unpaid Taxes	9 493 000	9 980 000	9 099 000	3 393 000
Dividends	7 160 000	8 790 000	5 000 000	3 000 000
Other Current Debt	6 205 000	8 603 000	8 248 000	28 028 000
Total Current Debt	66 212 000	78 128 000	82 591 000	36 868 000
Total Equity and Debt	428 946 000	428 189 000	427 093 000	328 565 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,78 %	6,08 %	2,69 %	4,9 %
Debt-to-Equity Ratio	0,24	0,22	0,23	0,04
Operating Profit Margin	24,94 %	16,42 %	8,75 %	20,51 %
Current Ratio	1,29	1,11	1,03	0,69
Quick Ratio	1,4	1,16	1,07	0,75
Equity Ratio	0,68	0,67	0,66	0,85
Gross Profit Margin	72,83 %	58,83 %	77,9 %	66,25 %