KARL-OVE BJØRNSTAD AS

7010 TRONDHEIM

Finances

Return on Equity

65,14 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 981 000	41 373 000	62 449 000	64 544 000
Net Income	4 453 000	72 000	274 000	491 000
Total Assets	24 627 000	27 161 000	21 571 000	23 210 000
Total Equity	6 836 000	6 821 000	3 851 000	3 849 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 981 000	41 373 000	62 449 000	64 544 000
Expenditure	60 594 000	40 526 000	62 286 000	64 045 000
Operating Profit	386 000	−20 000	163 000	499 000
Financial Income	5 598 000	511 000	488 000	203 000
Financial Costs	276 000	398 000	300 000	73 000
Financial Balance	5 322 000	113 000	188 000	130 000
Earnings Before Tax	5 708 000	93 000	351 000	629 000
Tax	1 256 000	20 000	78 000	138 000
Net Income	4 453 000	72 000	274 000	491 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 822 000	16 567 000	11 298 000	11 222 000
Total Current Assets	17 805 000	10 593 000	10 273 000	11 988 000
Total Assets	24 627 000	27 161 000	21 571 000	23 210 000
Total Retained Equity	180 000	164 000	92 000	90 000
Total Equity	6 836 000	6 821 000	3 851 000	3 849 000
Total Long-Term Debt	1 331 000	10 897 000	7 822 000	9 600 000
Total Current Debt	16 460 000	9 443 000	9 898 000	9 760 000
Total Equity and Debt	24 627 000	27 161 000	21 571 000	23 210 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 872 000	41 373 000	62 449 000	64 544 000
Other Income	109 000	0	0	0
Revenue	60 981 000	41 373 000	62 449 000	64 544 000
Cost of Goods Sold	46 952 000	24 333 000	43 573 000	46 556 000
Salary Costs	11 318 000	14 049 000	15 771 000	14 715 000
Depreciation	131 000	131 000	44 000	52 000
Impairment	0	0	0	0
Expenditure	60 594 000	40 526 000	62 286 000	64 045 000
Operating Profit	386 000	−20 000	163 000	499 000
Financial Income	5 598 000	511 000	488 000	203 000
Financial Costs	276 000	398 000	300 000	73 000
Financial Balance	5 322 000	113 000	188 000	130 000
Dividends	0	0	0	0
Net Income	4 453 000	72 000	274 000	491 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	26 000	6 000	7 000
Real Eastate	127 000	179 000	152 000	160 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	323 000	433 000	286 000	323 000
Total Tangible Assets	450 000	612 000	439 000	483 000
Total Fiancial Fixed Assets	6 350 000	15 930 000	10 853 000	10 732 000
Total Fixed Assets	6 822 000	16 567 000	11 298 000	11 222 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 116 000	2 291 000	2 830 000	2 007 000
Total Current Assets	17 805 000	10 593 000	10 273 000	11 988 000
Total Assets	24 627 000	27 161 000	21 571 000	23 210 000
Total Equity	6 836 000	6 821 000	3 851 000	3 849 000
Short-Term Group Debt	5 962 000	4 296 000	640 000	644 000
Total Long-Term Debt	1 331 000	10 897 000	7 822 000	9 600 000
Creditors	6 859 000	1 992 000	4 184 000	5 549 000
Unpaid Taxes	2 081 000	1 604 000	2 327 000	2 215 000
Dividends	0	0	0	0
Other Current Debt	1 557 000	1 550 000	2 747 000	1 352 000
Total Current Debt	16 460 000	9 443 000	9 898 000	9 760 000
Total Equity and Debt	24 627 000	27 161 000	21 571 000	23 210 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,14 %	1,06 %	7,12 %	12,76 %
Debt-to-Equity Ratio	0,19	1,6	2,03	2,49
Operating Profit Margin	0,63 %	−0,05 %	0,26 %	0,77 %
Current Ratio	1,08	1,12	1,04	1,23
Quick Ratio	1,08	1,12	1,04	1,23
Equity Ratio	0,28	0,25	0,18	0,17
Gross Profit Margin	23,01 %	41,19 %	30,23 %	27,87 %