HELGE KARLSEN VERKTØY OG MASKIN AS

5353 STRAUME

Finances

Return on Equity

45,28 %

Current Ratio

2,32

Debt-to-Equity Ratio

1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 317 000	14 722 000	16 680 000	20 898 000
Net Income	1 589 000	958 000	1 017 000	1 540 000
Total Assets	11 170 000	9 679 000	8 262 000	7 282 000
Total Equity	3 509 000	2 420 000	2 262 000	2 262 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 317 000	14 722 000	16 680 000	20 898 000
Expenditure	15 111 000	13 479 000	15 387 000	18 984 000
Operating Profit	2 206 000	1 242 000	1 292 000	1 914 000
Financial Income	18 000	102 000	49 000	54 000
Financial Costs	187 000	115 000	47 000	0
Financial Balance	−169 000	−13 000	2 000	54 000
Earnings Before Tax	2 038 000	1 229 000	1 295 000	1 968 000
Tax	449 000	271 000	278 000	428 000
Net Income	1 589 000	958 000	1 017 000	1 540 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 897 000	4 230 000	3 805 000	774 000
Total Current Assets	7 274 000	5 449 000	4 457 000	6 508 000
Total Assets	11 170 000	9 679 000	8 262 000	7 282 000
Total Retained Equity	1 247 000	158 000	0	0
Total Equity	3 509 000	2 420 000	2 262 000	2 262 000
Total Long-Term Debt	4 524 000	5 005 000	3 300 000	0
Total Current Debt	3 138 000	2 254 000	2 700 000	5 020 000
Total Equity and Debt	11 170 000	9 679 000	8 262 000	7 282 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 212 000	14 722 000	16 680 000	20 898 000
Other Income	105 000	0	0	0
Revenue	17 317 000	14 722 000	16 680 000	20 898 000
Cost of Goods Sold	11 751 000	9 811 000	11 615 000	14 685 000
Salary Costs	2 231 000	2 682 000	2 649 000	3 103 000
Depreciation	363 000	278 000	204 000	72 000
Impairment	0	0	0	0
Expenditure	15 111 000	13 479 000	15 387 000	18 984 000
Operating Profit	2 206 000	1 242 000	1 292 000	1 914 000
Financial Income	18 000	102 000	49 000	54 000
Financial Costs	187 000	115 000	47 000	0
Financial Balance	−169 000	−13 000	2 000	54 000
Dividends	500 000	800 000	1 017 000	2 958 000
Net Income	1 589 000	958 000	1 017 000	1 540 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	79 000	56 000	84 000	129 000
Real Eastate	3 050 000	3 143 000	3 217 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	753 000	1 016 000	489 000	629 000
Total Tangible Assets	3 803 000	4 159 000	3 706 000	629 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	3 897 000	4 230 000	3 805 000	774 000
Stock	3 448 000	2 770 000	2 037 000	2 303 000
Total Investments	0	0	0	0
Cash, Bank	1 080 000	602 000	589 000	1 439 000
Total Current Assets	7 274 000	5 449 000	4 457 000	6 508 000
Total Assets	11 170 000	9 679 000	8 262 000	7 282 000
Total Equity	3 509 000	2 420 000	2 262 000	2 262 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 524 000	5 005 000	3 300 000	0
Creditors	769 000	391 000	561 000	493 000
Unpaid Taxes	1 133 000	584 000	614 000	749 000
Dividends	500 000	800 000	1 017 000	2 958 000
Other Current Debt	265 000	237 000	276 000	314 000
Total Current Debt	3 138 000	2 254 000	2 700 000	5 020 000
Total Equity and Debt	11 170 000	9 679 000	8 262 000	7 282 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,28 %	39,59 %	44,96 %	68,08 %
Debt-to-Equity Ratio	1,29	2,07	1,46	0
Operating Profit Margin	12,74 %	8,44 %	7,75 %	9,16 %
Current Ratio	2,32	2,42	1,65	1,3
Quick Ratio	−23,46	−10,56	6,72	2,4
Equity Ratio	0,31	0,25	0,27	0,31
Gross Profit Margin	32,14 %	33,36 %	30,37 %	29,73 %