KJELL FOSSLAND AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

45,05 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	86 629 000	102 517 000	26 357 000
Net Income	810 000	1 307 000	197 000
Total Assets	10 326 000	10 746 000	10 477 000
Total Equity	1 798 000	1 612 000	697 000

Income (NOK)	2022	2021	2020
Revenue	86 629 000	102 517 000	26 357 000
Expenditure	85 637 000	100 854 000	26 105 000
Operating Profit	992 000	1 663 000	253 000
Financial Income	47 000	12 000	0
Financial Costs	1 000	0	0
Financial Balance	46 000	12 000	0
Earnings Before Tax	1 038 000	1 675 000	253 000
Tax	228 000	369 000	56 000
Net Income	810 000	1 307 000	197 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 094 000	934 000	184 000
Total Current Assets	9 231 000	9 812 000	10 293 000
Total Assets	10 326 000	10 746 000	10 477 000
Total Retained Equity	1 298 000	1 112 000	197 000
Total Equity	1 798 000	1 612 000	697 000
Total Long-Term Debt	28 000	21 000	10 000
Total Current Debt	8 500 000	9 114 000	9 771 000
Total Equity and Debt	10 326 000	10 746 000	10 477 000

Cash flow (NOK)	2022	2021	2020
Sales Income	84 148 000	100 921 000	26 043 000
Other Income	2 481 000	1 596 000	314 000
Revenue	86 629 000	102 517 000	26 357 000
Cost of Goods Sold	71 647 000	85 511 000	22 248 000
Salary Costs	5 506 000	5 578 000	1 320 000
Depreciation	215 000	148 000	16 000
Impairment	0	0	0
Expenditure	85 637 000	100 854 000	26 105 000
Operating Profit	992 000	1 663 000	253 000
Financial Income	47 000	12 000	0
Financial Costs	1 000	0	0
Financial Balance	46 000	12 000	0
Dividends	0	0	0
Net Income	810 000	1 307 000	197 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	1 094 000	934 000	184 000
Total Tangible Assets	1 094 000	934 000	184 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 094 000	934 000	184 000
Stock	4 108 000	3 630 000	3 966 000
Total Investments	0	0	0
Cash, Bank	4 387 000	5 462 000	5 323 000
Total Current Assets	9 231 000	9 812 000	10 293 000
Total Assets	10 326 000	10 746 000	10 477 000
Total Equity	1 798 000	1 612 000	697 000
Short-Term Group Debt	800 000	502 000	0
Total Long-Term Debt	28 000	21 000	10 000
Creditors	5 843 000	6 347 000	8 174 000
Unpaid Taxes	485 000	521 000	389 000
Dividends	0	0	0
Other Current Debt	1 327 000	1 497 000	1 162 000
Total Current Debt	8 500 000	9 114 000	9 771 000
Total Equity and Debt	10 326 000	10 746 000	10 477 000

Financial indicators	2022	2021	2020
Return on Equity	45,05 %	81,08 %	28,26 %
Debt-to-Equity Ratio	0,02	0,01	0,01
Operating Profit Margin	1,15 %	1,62 %	0,96 %
Current Ratio	1,09	1,08	1,05
Quick Ratio	2,1	1,79	1,77
Equity Ratio	0,17	0,15	0,07
Gross Profit Margin	17,29 %	16,59 %	15,59 %