KARLSEN & NORDSETH AS

1481 HAGAN

Finances

Return on Equity

23,08 %

Current Ratio

2,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	238 158 000	232 579 000	382 375 000	222 473 000
Net Income	26 152 000	39 677 000	24 755 000	27 502 000
Total Assets	176 508 000	149 624 000	189 422 000	136 821 000
Total Equity	113 328 000	87 177 000	119 199 000	94 444 000

Income (NOK)	2022	2021	2020	2019
Revenue	238 158 000	232 579 000	382 375 000	222 473 000
Expenditure	204 947 000	185 090 000	351 176 000	192 035 000
Operating Profit	33 210 000	47 488 000	31 199 000	30 440 000
Financial Income	449 000	2 722 000	578 000	3 815 000
Financial Costs	40 000	7 000	15 000	43 000
Financial Balance	409 000	2 715 000	563 000	3 772 000
Earnings Before Tax	33 620 000	50 203 000	31 763 000	34 212 000
Tax	7 468 000	10 525 000	7 008 000	6 710 000
Net Income	26 152 000	39 677 000	24 755 000	27 502 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 786 000	35 447 000	26 245 000	25 876 000
Total Current Assets	140 722 000	114 177 000	163 176 000	110 945 000
Total Assets	176 508 000	149 624 000	189 422 000	136 821 000
Total Retained Equity	108 328 000	82 177 000	114 199 000	89 444 000
Total Equity	113 328 000	87 177 000	119 199 000	94 444 000
Total Long-Term Debt	0	0	4 440 000	3 367 000
Total Current Debt	63 180 000	62 447 000	65 782 000	39 010 000
Total Equity and Debt	176 508 000	149 624 000	189 422 000	136 821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	238 158 000	232 579 000	382 375 000	222 473 000
Other Income	0	0	0	0
Revenue	238 158 000	232 579 000	382 375 000	222 473 000
Cost of Goods Sold	160 674 000	132 223 000	292 057 000	138 639 000
Salary Costs	36 382 000	45 098 000	44 319 000	43 963 000
Depreciation	1 654 000	1 456 000	1 263 000	1 146 000
Impairment	0	0	0	8 287 000
Expenditure	204 947 000	185 090 000	351 176 000	192 035 000
Operating Profit	33 210 000	47 488 000	31 199 000	30 440 000
Financial Income	449 000	2 722 000	578 000	3 815 000
Financial Costs	40 000	7 000	15 000	43 000
Financial Balance	409 000	2 715 000	563 000	3 772 000
Dividends	0	0	0	0
Net Income	26 152 000	39 677 000	24 755 000	27 502 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	142 000	923 000	0	0
Real Eastate	27 188 000	27 781 000	20 443 000	20 868 000
Machinery and Plant Facilities	5 642 000	3 929 000	2 988 000	2 195 000
Fixtures	0	0	0	0
Total Tangible Assets	32 830 000	31 710 000	23 431 000	23 063 000
Total Fiancial Fixed Assets	2 814 000	2 814 000	2 814 000	2 814 000
Total Fixed Assets	35 786 000	35 447 000	26 245 000	25 876 000
Stock	26 000	15 000	29 000	44 000
Total Investments	0	0	0	0
Cash, Bank	70 579 000	71 900 000	105 071 000	50 379 000
Total Current Assets	140 722 000	114 177 000	163 176 000	110 945 000
Total Assets	176 508 000	149 624 000	189 422 000	136 821 000
Total Equity	113 328 000	87 177 000	119 199 000	94 444 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	4 440 000	3 367 000
Creditors	30 009 000	15 093 000	27 481 000	18 510 000
Unpaid Taxes	9 831 000	10 516 000	4 094 000	6 487 000
Dividends	0	0	0	0
Other Current Debt	16 653 000	20 949 000	28 272 000	9 566 000
Total Current Debt	63 180 000	62 447 000	65 782 000	39 010 000
Total Equity and Debt	176 508 000	149 624 000	189 422 000	136 821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,08 %	45,51 %	20,77 %	29,12 %
Debt-to-Equity Ratio	0	0	0,04	0,04
Operating Profit Margin	13,94 %	20,42 %	8,16 %	13,68 %
Current Ratio	2,23	1,83	2,48	2,84
Quick Ratio	2,23	1,83	2,48	2,85
Equity Ratio	0,64	0,58	0,63	0,69
Gross Profit Margin	32,53 %	43,15 %	23,62 %	37,68 %