KJELL A ØSTNES AS

0166 OSLO

Finances

Return on Equity

3,01 %

Current Ratio

1,15

Debt-to-Equity Ratio

1,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	400 531 000	323 429 000	138 916 000	95 342 000
Net Income	1 779 000	−7 461 000	384 000	1 708 000
Total Assets	289 536 000	219 516 000	158 026 000	116 638 000
Total Equity	59 179 000	32 562 000	22 819 000	22 436 000

Income (NOK)	2022	2021	2020	2019
Revenue	400 531 000	323 429 000	138 916 000	95 342 000
Expenditure	392 599 000	322 390 000	135 374 000	90 667 000
Operating Profit	7 932 000	1 038 000	3 543 000	4 675 000
Financial Income	8 788 000	6 301 000	4 704 000	621 000
Financial Costs	16 635 000	10 329 000	7 651 000	3 078 000
Financial Balance	−7 847 000	−4 028 000	−2 947 000	−2 457 000
Earnings Before Tax	85 000	−2 991 000	597 000	2 219 000
Tax	−1 694 000	4 470 000	213 000	511 000
Net Income	1 779 000	−7 461 000	384 000	1 708 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	146 712 000	87 498 000	57 892 000	70 813 000
Total Current Assets	142 824 000	132 018 000	100 134 000	45 824 000
Total Assets	289 536 000	219 516 000	158 026 000	116 638 000
Total Retained Equity	41 483 000	28 558 000	20 565 000	20 182 000
Total Equity	59 179 000	32 562 000	22 819 000	22 436 000
Total Long-Term Debt	105 841 000	54 892 000	54 506 000	58 270 000
Total Current Debt	124 515 000	132 062 000	80 700 000	35 932 000
Total Equity and Debt	289 536 000	219 516 000	158 026 000	116 638 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	400 531 000	323 429 000	138 916 000	95 342 000
Other Income	0	0	0	0
Revenue	400 531 000	323 429 000	138 916 000	95 342 000
Cost of Goods Sold	323 648 000	253 133 000	94 631 000	57 509 000
Salary Costs	20 997 000	41 828 000	20 074 000	18 964 000
Depreciation	9 767 000	11 077 000	7 802 000	5 904 000
Impairment	0	0	0	0
Expenditure	392 599 000	322 390 000	135 374 000	90 667 000
Operating Profit	7 932 000	1 038 000	3 543 000	4 675 000
Financial Income	8 788 000	6 301 000	4 704 000	621 000
Financial Costs	16 635 000	10 329 000	7 651 000	3 078 000
Financial Balance	−7 847 000	−4 028 000	−2 947 000	−2 457 000
Dividends	0	0	0	4 000 000
Net Income	1 779 000	−7 461 000	384 000	1 708 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	10 957 000	14 609 000	30 000	38 000
Total Intangible Assets	14 384 000	14 609 000	30 000	38 000
Real Eastate	277 000	67 525 000	0	0
Machinery and Plant Facilities	313 000	0	54 975 000	69 732 000
Fixtures	3 072 000	2 887 000	2 886 000	1 043 000
Total Tangible Assets	132 078 000	70 412 000	57 862 000	70 776 000
Total Fiancial Fixed Assets	250 000	2 478 000	0	0
Total Fixed Assets	146 712 000	87 498 000	57 892 000	70 813 000
Stock	15 029 000	5 892 000	5 544 000	408 000
Total Investments	0	0	0	0
Cash, Bank	13 159 000	28 950 000	42 813 000	20 260 000
Total Current Assets	142 824 000	132 018 000	100 134 000	45 824 000
Total Assets	289 536 000	219 516 000	158 026 000	116 638 000
Total Equity	59 179 000	32 562 000	22 819 000	22 436 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	105 841 000	54 892 000	54 506 000	58 270 000
Creditors	9 629 000	20 976 000	10 152 000	4 804 000
Unpaid Taxes	3 876 000	2 404 000	3 610 000	2 572 000
Dividends	0	0	0	4 000 000
Other Current Debt	108 738 000	104 325 000	66 939 000	28 556 000
Total Current Debt	124 515 000	132 062 000	80 700 000	35 932 000
Total Equity and Debt	289 536 000	219 516 000	158 026 000	116 638 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,01 %	−22,91 %	1,68 %	7,61 %
Debt-to-Equity Ratio	1,79	1,69	2,39	2,6
Operating Profit Margin	1,98 %	0,32 %	2,55 %	4,9 %
Current Ratio	1,15	1	1,24	1,28
Quick Ratio	1,3	1,05	1,33	1,29
Equity Ratio	0,2	0,15	0,14	0,19
Gross Profit Margin	19,2 %	21,73 %	31,88 %	39,68 %