NORD KARMØY SVEIS AS

4260 TORVASTAD

Finances

Share Ownership

Return on Equity

10,82 %

Current Ratio

4,69

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 553 000	12 249 000	14 799 000	14 269 000
Net Income	697 000	554 000	484 000	372 000
Total Assets	8 390 000	9 560 000	8 173 000	7 813 000
Total Equity	6 444 000	6 540 000	5 987 000	5 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 553 000	12 249 000	14 799 000	14 269 000
Expenditure	12 642 000	11 522 000	14 164 000	13 775 000
Operating Profit	910 000	727 000	635 000	495 000
Financial Income	1 000	1 000	5 000	6 000
Financial Costs	18 000	17 000	19 000	23 000
Financial Balance	−17 000	−16 000	−14 000	−17 000
Earnings Before Tax	893 000	711 000	621 000	477 000
Tax	197 000	157 000	138 000	105 000
Net Income	697 000	554 000	484 000	372 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	161 000	240 000	336 000	306 000
Total Current Assets	8 229 000	9 319 000	7 837 000	7 507 000
Total Assets	8 390 000	9 560 000	8 173 000	7 813 000
Total Retained Equity	6 288 000	6 385 000	5 831 000	5 355 000
Total Equity	6 444 000	6 540 000	5 987 000	5 511 000
Total Long-Term Debt	192 000	225 000	258 000	292 000
Total Current Debt	1 755 000	2 794 000	1 928 000	2 010 000
Total Equity and Debt	8 390 000	9 560 000	8 173 000	7 813 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 553 000	12 246 000	14 758 000	14 269 000
Other Income	0	3 000	41 000	0
Revenue	13 553 000	12 249 000	14 799 000	14 269 000
Cost of Goods Sold	4 890 000	4 088 000	5 990 000	5 775 000
Salary Costs	5 778 000	5 435 000	6 129 000	6 011 000
Depreciation	71 000	102 000	80 000	90 000
Impairment	0	0	0	0
Expenditure	12 642 000	11 522 000	14 164 000	13 775 000
Operating Profit	910 000	727 000	635 000	495 000
Financial Income	1 000	1 000	5 000	6 000
Financial Costs	18 000	17 000	19 000	23 000
Financial Balance	−17 000	−16 000	−14 000	−17 000
Dividends	733 000	0	0	400 000
Net Income	697 000	554 000	484 000	372 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	46 000	40 000	54 000
Real Eastate	73 000	87 000	101 000	115 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	107 000	195 000	137 000
Total Tangible Assets	123 000	194 000	296 000	252 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	161 000	240 000	336 000	306 000
Stock	2 516 000	2 544 000	2 374 000	2 926 000
Total Investments	0	0	0	0
Cash, Bank	2 227 000	2 231 000	1 934 000	1 612 000
Total Current Assets	8 229 000	9 319 000	7 837 000	7 507 000
Total Assets	8 390 000	9 560 000	8 173 000	7 813 000
Total Equity	6 444 000	6 540 000	5 987 000	5 511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	192 000	225 000	258 000	292 000
Creditors	81 000	1 100 000	204 000	307 000
Unpaid Taxes	730 000	735 000	762 000	593 000
Dividends	733 000	0	0	400 000
Other Current Debt	772 000	796 000	840 000	604 000
Total Current Debt	1 755 000	2 794 000	1 928 000	2 010 000
Total Equity and Debt	8 390 000	9 560 000	8 173 000	7 813 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,82 %	8,47 %	8,08 %	6,75 %
Debt-to-Equity Ratio	0,03	0,03	0,04	0,05
Operating Profit Margin	6,71 %	5,94 %	4,29 %	3,47 %
Current Ratio	4,69	3,34	4,06	3,73
Quick Ratio	−10,81	37,28	−17,57	−8,2
Equity Ratio	0,77	0,68	0,73	0,71
Gross Profit Margin	63,92 %	66,63 %	59,52 %	59,53 %