KARMSUND CRUISESERVICE AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

19,07 %

Current Ratio

0,92

Debt-to-Equity Ratio

2,27

Key figures (NOK)	2022	2021	2020
Revenue	3 120 000	1 974 000	698 000
Net Income	70 000	57 000	−78 000
Total Assets	1 513 000	382 000	437 000
Total Equity	367 000	297 000	134 000

Income (NOK)	2022	2021	2020
Revenue	3 120 000	1 974 000	698 000
Expenditure	2 985 000	1 898 000	801 000
Operating Profit	135 000	76 000	−102 000
Financial Income	0	0	0
Financial Costs	45 000	3 000	1 000
Financial Balance	−45 000	−3 000	−1 000
Earnings Before Tax	90 000	73 000	−103 000
Tax	20 000	16 000	−25 000
Net Income	70 000	57 000	−78 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 226 000	138 000	132 000
Total Current Assets	288 000	244 000	305 000
Total Assets	1 513 000	382 000	437 000
Total Retained Equity	49 000	−21 000	−78 000
Total Equity	367 000	297 000	134 000
Total Long-Term Debt	832 000	0	0
Total Current Debt	314 000	85 000	303 000
Total Equity and Debt	1 513 000	382 000	437 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 082 000	1 901 000	508 000
Other Income	38 000	73 000	190 000
Revenue	3 120 000	1 974 000	698 000
Cost of Goods Sold	1 177 000	743 000	213 000
Salary Costs	47 000	148 000	69 000
Depreciation	94 000	13 000	2 000
Impairment	0	0	0
Expenditure	2 985 000	1 898 000	801 000
Operating Profit	135 000	76 000	−102 000
Financial Income	0	0	0
Financial Costs	45 000	3 000	1 000
Financial Balance	−45 000	−3 000	−1 000
Dividends	0	0	0
Net Income	70 000	57 000	−78 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	9 000	25 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	115 000	129 000	107 000
Total Tangible Assets	1 226 000	129 000	107 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 226 000	138 000	132 000
Stock	10 000	10 000	10 000
Total Investments	0	0	0
Cash, Bank	48 000	191 000	47 000
Total Current Assets	288 000	244 000	305 000
Total Assets	1 513 000	382 000	437 000
Total Equity	367 000	297 000	134 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	832 000	0	0
Creditors	266 000	60 000	301 000
Unpaid Taxes	43 000	9 000	0
Dividends	0	0	0
Other Current Debt	5 000	16 000	2 000
Total Current Debt	314 000	85 000	303 000
Total Equity and Debt	1 513 000	382 000	437 000

Financial indicators	2022	2021	2020
Return on Equity	19,07 %	19,19 %	−58,21 %
Debt-to-Equity Ratio	2,27	0	0
Operating Profit Margin	4,33 %	3,85 %	−14,61 %
Current Ratio	0,92	2,87	1,01
Quick Ratio	0,95	3,25	1,04
Equity Ratio	0,24	0,78	0,31
Gross Profit Margin	62,28 %	62,36 %	69,48 %