Knut Haraldsens Farvehandel A/S

3041 DRAMMEN

Finances

Share Ownership

Return on Equity

12,3 %

Current Ratio

1,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 405 000	7 980 000	9 882 000	8 138 000
Net Income	305 000	670 000	1 437 000	914 000
Total Assets	5 046 000	4 880 000	7 090 000	5 391 000
Total Equity	2 479 000	2 347 000	2 327 000	2 290 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 405 000	7 980 000	9 882 000	8 138 000
Expenditure	7 025 000	7 123 000	8 006 000	6 939 000
Operating Profit	379 000	857 000	1 875 000	1 198 000
Financial Income	4 000	3 000	12 000	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	4 000	2 000	11 000	−1 000
Earnings Before Tax	383 000	860 000	1 886 000	1 197 000
Tax	78 000	190 000	449 000	283 000
Net Income	305 000	670 000	1 437 000	914 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 000	112 000	192 000	445 000
Total Current Assets	4 971 000	4 769 000	6 898 000	4 946 000
Total Assets	5 046 000	4 880 000	7 090 000	5 391 000
Total Retained Equity	2 379 000	2 247 000	2 227 000	2 190 000
Total Equity	2 479 000	2 347 000	2 327 000	2 290 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 567 000	2 533 000	4 763 000	3 101 000
Total Equity and Debt	5 046 000	4 880 000	7 090 000	5 391 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 405 000	7 980 000	9 882 000	8 138 000
Other Income	0	0	0	0
Revenue	7 405 000	7 980 000	9 882 000	8 138 000
Cost of Goods Sold	3 468 000	3 398 000	4 302 000	3 455 000
Salary Costs	2 313 000	2 247 000	2 214 000	2 031 000
Depreciation	36 000	81 000	252 000	273 000
Impairment	0	0	0	0
Expenditure	7 025 000	7 123 000	8 006 000	6 939 000
Operating Profit	379 000	857 000	1 875 000	1 198 000
Financial Income	4 000	3 000	12 000	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	4 000	2 000	11 000	−1 000
Dividends	0	650 000	1 400 000	2 000 000
Net Income	305 000	670 000	1 437 000	914 000

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	76 000	112 000	192 000	445 000
Total Tangible Assets	76 000	112 000	192 000	445 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	76 000	112 000	192 000	445 000
Stock	2 147 000	2 090 000	2 050 000	1 888 000
Total Investments	0	0	0	0
Cash, Bank	2 495 000	2 294 000	4 471 000	2 708 000
Total Current Assets	4 971 000	4 769 000	6 898 000	4 946 000
Total Assets	5 046 000	4 880 000	7 090 000	5 391 000
Total Equity	2 479 000	2 347 000	2 327 000	2 290 000
Short-Term Group Debt	1 739 000	1 169 000	2 297 000	317 000
Total Long-Term Debt	0	0	0	0
Creditors	88 000	43 000	115 000	93 000
Unpaid Taxes	245 000	233 000	266 000	206 000
Dividends	0	650 000	1 400 000	2 000 000
Other Current Debt	467 000	249 000	237 000	203 000
Total Current Debt	2 567 000	2 533 000	4 763 000	3 101 000
Total Equity and Debt	5 046 000	4 880 000	7 090 000	5 391 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,3 %	28,55 %	61,75 %	39,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,12 %	10,74 %	18,97 %	14,72 %
Current Ratio	1,94	1,88	1,45	1,59
Quick Ratio	11,84	10,77	2,54	4,08
Equity Ratio	0,49	0,48	0,33	0,42
Gross Profit Margin	53,17 %	57,42 %	56,47 %	57,54 %