KARMSUND GROUP AS

4260 TORVASTAD

Finances

Return on Equity

3,28 %

Current Ratio

2,54

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	95 686 000	107 076 000	103 327 000	113 626 000
Net Income	6 297 000	11 207 000	14 240 000	9 837 000
Total Assets	283 755 000	289 128 000	296 292 000	282 405 000
Total Equity	191 923 000	179 275 000	175 299 000	157 245 000

Income (NOK)	2022	2021	2020	2019
Revenue	95 686 000	107 076 000	103 327 000	113 626 000
Expenditure	87 728 000	93 096 000	85 820 000	102 037 000
Operating Profit	7 957 000	13 979 000	17 507 000	11 589 000
Financial Income	978 000	936 000	2 717 000	905 000
Financial Costs	2 754 000	2 548 000	4 117 000	1 659 000
Financial Balance	−1 776 000	−1 612 000	−1 400 000	−754 000
Earnings Before Tax	6 182 000	12 367 000	16 107 000	10 836 000
Tax	−115 000	1 160 000	1 867 000	998 000
Net Income	6 297 000	11 207 000	14 240 000	9 837 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	232 976 000	228 354 000	243 933 000	237 287 000
Total Current Assets	50 778 000	60 774 000	52 359 000	45 119 000
Total Assets	283 755 000	289 128 000	296 292 000	282 405 000
Total Retained Equity	144 079 000	131 431 000	127 455 000	109 400 000
Total Equity	191 923 000	179 275 000	175 299 000	157 245 000
Total Long-Term Debt	71 848 000	78 114 000	93 098 000	95 432 000
Total Current Debt	19 984 000	31 739 000	27 895 000	29 729 000
Total Equity and Debt	283 755 000	289 128 000	296 292 000	282 405 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	92 460 000	102 958 000	99 605 000	111 347 000
Other Income	3 225 000	4 118 000	3 722 000	2 278 000
Revenue	95 686 000	107 076 000	103 327 000	113 626 000
Cost of Goods Sold	4 526 000	2 519 000	4 007 000	3 829 000
Salary Costs	63 610 000	68 690 000	64 035 000	79 851 000
Depreciation	10 967 000	11 117 000	11 640 000	9 148 000
Impairment	0	0	0	0
Expenditure	87 728 000	93 096 000	85 820 000	102 037 000
Operating Profit	7 957 000	13 979 000	17 507 000	11 589 000
Financial Income	978 000	936 000	2 717 000	905 000
Financial Costs	2 754 000	2 548 000	4 117 000	1 659 000
Financial Balance	−1 776 000	−1 612 000	−1 400 000	−754 000
Dividends	0	0	0	0
Net Income	6 297 000	11 207 000	14 240 000	9 837 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	212 488 000	209 579 000	232 777 000	227 438 000
Machinery and Plant Facilities	4 718 000	9 207 000	1 106 000	8 000
Fixtures	2 487 000	1 555 000	2 455 000	1 892 000
Total Tangible Assets	219 693 000	220 341 000	236 338 000	229 337 000
Total Fiancial Fixed Assets	13 284 000	8 013 000	7 595 000	7 949 000
Total Fixed Assets	232 976 000	228 354 000	243 933 000	237 287 000
Stock	6 000	17 000	15 000	24 000
Total Investments	10 570 000	10 934 000	5 905 000	2 884 000
Cash, Bank	27 161 000	26 985 000	27 593 000	18 903 000
Total Current Assets	50 778 000	60 774 000	52 359 000	45 119 000
Total Assets	283 755 000	289 128 000	296 292 000	282 405 000
Total Equity	191 923 000	179 275 000	175 299 000	157 245 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	71 848 000	78 114 000	93 098 000	95 432 000
Creditors	7 017 000	6 698 000	6 573 000	3 537 000
Unpaid Taxes	4 217 000	10 158 000	6 921 000	8 796 000
Dividends	0	0	0	0
Other Current Debt	8 750 000	11 637 000	10 527 000	13 369 000
Total Current Debt	19 984 000	31 739 000	27 895 000	29 729 000
Total Equity and Debt	283 755 000	289 128 000	296 292 000	282 405 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,28 %	6,25 %	8,12 %	6,26 %
Debt-to-Equity Ratio	0,37	0,44	0,53	0,61
Operating Profit Margin	8,32 %	13,06 %	16,94 %	10,2 %
Current Ratio	2,54	1,91	1,88	1,52
Quick Ratio	2,54	1,92	1,88	1,52
Equity Ratio	0,68	0,62	0,59	0,56
Gross Profit Margin	95,27 %	97,65 %	96,12 %	96,63 %