KARSTEN THORSTENSEN AS

2760 BRANDBU

Finances

Share Ownership

Return on Equity

−191,89 %

Current Ratio

0,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	401 000	1 711 000	1 985 000	3 829 000
Net Income	−1 207 000	119 000	−305 000	1 000 000
Total Assets	1 989 000	4 158 000	4 295 000	4 840 000
Total Equity	629 000	1 835 000	1 716 000	2 021 000

Income (NOK)	2022	2021	2020	2019
Revenue	401 000	1 711 000	1 985 000	3 829 000
Expenditure	1 600 000	1 579 000	2 274 000	2 804 000
Operating Profit	−1 197 000	132 000	−289 000	1 025 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	10 000	13 000	17 000	27 000
Financial Balance	−9 000	−13 000	−16 000	−26 000
Earnings Before Tax	−1 207 000	119 000	−305 000	1 000 000
Tax	0	0	0	0
Net Income	−1 207 000	119 000	−305 000	1 000 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	709 000	855 000	1 293 000	1 746 000
Total Current Assets	1 281 000	3 302 000	3 002 000	3 095 000
Total Assets	1 989 000	4 158 000	4 295 000	4 840 000
Total Retained Equity	529 000	1 735 000	1 616 000	1 921 000
Total Equity	629 000	1 835 000	1 716 000	2 021 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 361 000	2 322 000	2 579 000	2 819 000
Total Equity and Debt	1 989 000	4 158 000	4 295 000	4 840 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	371 000	1 616 000	1 985 000	3 729 000
Other Income	30 000	94 000	0	100 000
Revenue	401 000	1 711 000	1 985 000	3 829 000
Cost of Goods Sold	432 000	0	211 000	628 000
Salary Costs	218 000	231 000	472 000	518 000
Depreciation	402 000	454 000	478 000	425 000
Impairment	0	0	0	0
Expenditure	1 600 000	1 579 000	2 274 000	2 804 000
Operating Profit	−1 197 000	132 000	−289 000	1 025 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	10 000	13 000	17 000	27 000
Financial Balance	−9 000	−13 000	−16 000	−26 000
Dividends	0	0	0	0
Net Income	−1 207 000	119 000	−305 000	1 000 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	709 000	855 000	1 293 000	1 746 000
Total Tangible Assets	709 000	855 000	1 293 000	1 746 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	709 000	855 000	1 293 000	1 746 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	781 000	2 618 000	2 979 000	748 000
Total Current Assets	1 281 000	3 302 000	3 002 000	3 095 000
Total Assets	1 989 000	4 158 000	4 295 000	4 840 000
Total Equity	629 000	1 835 000	1 716 000	2 021 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 000	123 000	150 000	231 000
Unpaid Taxes	101 000	14 000	244 000	426 000
Dividends	0	0	0	0
Other Current Debt	1 244 000	2 186 000	2 185 000	2 163 000
Total Current Debt	1 361 000	2 322 000	2 579 000	2 819 000
Total Equity and Debt	1 989 000	4 158 000	4 295 000	4 840 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−191,89 %	6,49 %	−17,77 %	49,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−298,5 %	7,71 %	−14,56 %	26,77 %
Current Ratio	0,94	1,42	1,16	1,1
Quick Ratio	0,94	1,42	1,16	1,1
Equity Ratio	0,32	0,44	0,4	0,42
Gross Profit Margin	−7,73 %	100 %	89,37 %	83,6 %