KEM - KUNSTNERNES EGET MATERIALUTSALG SA

0182 OSLO

Finances

Share Ownership

Return on Equity

4,07 %

Current Ratio

3,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 271 000	26 838 000	24 873 000	22 469 000
Net Income	439 000	1 662 000	934 000	174 000
Total Assets	14 409 000	14 193 000	11 646 000	9 874 000
Total Equity	10 780 000	10 042 000	8 063 000	6 812 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 271 000	26 838 000	24 873 000	22 469 000
Expenditure	25 563 000	24 911 000	23 824 000	22 279 000
Operating Profit	708 000	1 927 000	1 048 000	190 000
Financial Income	71 000	82 000	115 000	70 000
Financial Costs	149 000	77 000	217 000	75 000
Financial Balance	−78 000	5 000	−102 000	−5 000
Earnings Before Tax	630 000	1 933 000	946 000	184 000
Tax	191 000	271 000	12 000	10 000
Net Income	439 000	1 662 000	934 000	174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	473 000	558 000	817 000	1 073 000
Total Current Assets	13 935 000	13 634 000	10 830 000	8 801 000
Total Assets	14 409 000	14 193 000	11 646 000	9 874 000
Total Retained Equity	2 446 000	2 007 000	345 000	−589 000
Total Equity	10 780 000	10 042 000	8 063 000	6 812 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 628 000	4 151 000	3 583 000	3 062 000
Total Equity and Debt	14 409 000	14 193 000	11 646 000	9 874 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 270 000	26 839 000	24 865 000	22 464 000
Other Income	1 000	0	7 000	5 000
Revenue	26 271 000	26 838 000	24 873 000	22 469 000
Cost of Goods Sold	11 262 000	11 607 000	10 979 000	10 050 000
Salary Costs	9 310 000	8 497 000	8 094 000	7 699 000
Depreciation	284 000	262 000	267 000	253 000
Impairment	0	0	0	0
Expenditure	25 563 000	24 911 000	23 824 000	22 279 000
Operating Profit	708 000	1 927 000	1 048 000	190 000
Financial Income	71 000	82 000	115 000	70 000
Financial Costs	149 000	77 000	217 000	75 000
Financial Balance	−78 000	5 000	−102 000	−5 000
Dividends	0	0	0	0
Net Income	439 000	1 662 000	934 000	174 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	5 000	20 000	34 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	473 000	554 000	797 000	1 039 000
Total Tangible Assets	473 000	554 000	797 000	1 039 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	473 000	558 000	817 000	1 073 000
Stock	5 180 000	4 146 000	3 914 000	3 622 000
Total Investments	0	0	0	0
Cash, Bank	7 127 000	7 680 000	5 416 000	3 040 000
Total Current Assets	13 935 000	13 634 000	10 830 000	8 801 000
Total Assets	14 409 000	14 193 000	11 646 000	9 874 000
Total Equity	10 780 000	10 042 000	8 063 000	6 812 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	709 000	1 205 000	916 000	458 000
Unpaid Taxes	1 443 000	1 654 000	1 647 000	1 273 000
Dividends	0	0	0	0
Other Current Debt	1 286 000	1 022 000	1 009 000	1 321 000
Total Current Debt	3 628 000	4 151 000	3 583 000	3 062 000
Total Equity and Debt	14 409 000	14 193 000	11 646 000	9 874 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,07 %	16,55 %	11,58 %	2,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,69 %	7,18 %	4,21 %	0,85 %
Current Ratio	3,84	3,28	3,02	2,87
Quick Ratio	−8,98	2 726,8	−32,72	−15,72
Equity Ratio	0,75	0,71	0,69	0,69
Gross Profit Margin	57,13 %	56,75 %	55,86 %	55,27 %