KARMØY KULDE AS

4276 VEAVÅGEN

Finances

Share Ownership

Return on Equity

−229,51 %

Current Ratio

0,88

Debt-to-Equity Ratio

−1,84

Key figures (NOK)	2022	2021	2020
Revenue	6 352 000	2 169 000	570 000
Net Income	140 000	155 000	−104 000
Total Assets	1 482 000	611 000	262 000
Total Equity	−61 000	31 000	−74 000

Income (NOK)	2022	2021	2020
Revenue	6 352 000	2 169 000	570 000
Expenditure	6 150 000	1 935 000	702 000
Operating Profit	201 000	233 000	−131 000
Financial Income	0	0	0
Financial Costs	20 000	21 000	0
Financial Balance	−20 000	−21 000	0
Earnings Before Tax	180 000	213 000	−131 000
Tax	40 000	58 000	−27 000
Net Income	140 000	155 000	−104 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	217 000	120 000	189 000
Total Current Assets	1 266 000	491 000	73 000
Total Assets	1 482 000	611 000	262 000
Total Retained Equity	−91 000	1 000	−104 000
Total Equity	−61 000	31 000	−74 000
Total Long-Term Debt	112 000	145 000	0
Total Current Debt	1 431 000	435 000	336 000
Total Equity and Debt	1 482 000	611 000	262 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 352 000	2 155 000	570 000
Other Income	0	14 000	0
Revenue	6 352 000	2 169 000	570 000
Cost of Goods Sold	2 643 000	544 000	18 000
Salary Costs	2 580 000	751 000	379 000
Depreciation	29 000	41 000	3 000
Impairment	0	0	0
Expenditure	6 150 000	1 935 000	702 000
Operating Profit	201 000	233 000	−131 000
Financial Income	0	0	0
Financial Costs	20 000	21 000	0
Financial Balance	−20 000	−21 000	0
Dividends	0	0	0
Net Income	140 000	155 000	−104 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	27 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	141 000	120 000	162 000
Total Tangible Assets	141 000	120 000	162 000
Total Fiancial Fixed Assets	76 000	0	0
Total Fixed Assets	217 000	120 000	189 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	226 000	2 000	0
Total Current Assets	1 266 000	491 000	73 000
Total Assets	1 482 000	611 000	262 000
Total Equity	−61 000	31 000	−74 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	112 000	145 000	0
Creditors	540 000	161 000	187 000
Unpaid Taxes	431 000	173 000	87 000
Dividends	0	0	0
Other Current Debt	421 000	77 000	61 000
Total Current Debt	1 431 000	435 000	336 000
Total Equity and Debt	1 482 000	611 000	262 000

Financial indicators	2022	2021	2020
Return on Equity	−229,51 %	500 %	140,54 %
Debt-to-Equity Ratio	−1,84	4,68	−0
Operating Profit Margin	3,16 %	10,74 %	−22,98 %
Current Ratio	0,88	1,13	0,22
Quick Ratio	0,88	1,13	0,22
Equity Ratio	−0,04	0,05	−0,28
Gross Profit Margin	58,39 %	74,92 %	96,84 %