KIESEL NORGE AS

1405 LANGHUS

Finances

Share Ownership

Return on Equity

42,44 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	155 897 000	141 181 000	141 907 000	99 477 000
Net Income	6 604 000	6 167 000	5 272 000	3 954 000
Total Assets	49 197 000	40 248 000	34 722 000	24 813 000
Total Equity	15 561 000	13 957 000	12 446 000	9 199 000

Income (NOK)	2022	2021	2020	2019
Revenue	155 897 000	141 181 000	141 907 000	99 477 000
Expenditure	147 524 000	133 096 000	134 339 000	95 548 000
Operating Profit	8 373 000	8 085 000	7 568 000	3 930 000
Financial Income	3 518 000	2 691 000	1 938 000	391 000
Financial Costs	3 390 000	2 847 000	3 006 000	367 000
Financial Balance	128 000	−156 000	−1 068 000	24 000
Earnings Before Tax	8 500 000	7 930 000	6 500 000	3 954 000
Tax	1 897 000	1 763 000	1 227 000	0
Net Income	6 604 000	6 167 000	5 272 000	3 954 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	787 000	1 718 000	1 681 000	1 864 000
Total Current Assets	48 410 000	38 530 000	33 041 000	22 950 000
Total Assets	49 197 000	40 248 000	34 722 000	24 813 000
Total Retained Equity	9 209 000	7 605 000	6 094 000	2 847 000
Total Equity	15 561 000	13 957 000	12 446 000	9 199 000
Total Long-Term Debt	0	837 000	1 138 000	1 429 000
Total Current Debt	33 635 000	25 454 000	21 138 000	14 185 000
Total Equity and Debt	49 197 000	40 248 000	34 722 000	24 813 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	155 107 000	140 516 000	140 883 000	98 957 000
Other Income	790 000	665 000	1 025 000	520 000
Revenue	155 897 000	141 181 000	141 907 000	99 477 000
Cost of Goods Sold	121 827 000	113 474 000	116 644 000	79 973 000
Salary Costs	15 963 000	10 799 000	9 303 000	8 129 000
Depreciation	498 000	538 000	490 000	257 000
Impairment	0	0	0	0
Expenditure	147 524 000	133 096 000	134 339 000	95 548 000
Operating Profit	8 373 000	8 085 000	7 568 000	3 930 000
Financial Income	3 518 000	2 691 000	1 938 000	391 000
Financial Costs	3 390 000	2 847 000	3 006 000	367 000
Financial Balance	128 000	−156 000	−1 068 000	24 000
Dividends	5 000 000	5 000 000	2 025 000	2 025 000
Net Income	6 604 000	6 167 000	5 272 000	3 954 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	337 000	268 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	450 000	1 450 000	1 681 000	1 864 000
Total Tangible Assets	450 000	1 450 000	1 681 000	1 864 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	787 000	1 718 000	1 681 000	1 864 000
Stock	24 545 000	15 658 000	10 544 000	6 932 000
Total Investments	0	0	0	0
Cash, Bank	17 212 000	14 900 000	13 779 000	7 951 000
Total Current Assets	48 410 000	38 530 000	33 041 000	22 950 000
Total Assets	49 197 000	40 248 000	34 722 000	24 813 000
Total Equity	15 561 000	13 957 000	12 446 000	9 199 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	837 000	1 138 000	1 429 000
Creditors	12 922 000	8 200 000	4 529 000	5 803 000
Unpaid Taxes	7 038 000	5 137 000	2 607 000	3 160 000
Dividends	5 000 000	5 000 000	2 025 000	2 025 000
Other Current Debt	11 710 000	10 429 000	12 774 000	5 222 000
Total Current Debt	33 635 000	25 454 000	21 138 000	14 185 000
Total Equity and Debt	49 197 000	40 248 000	34 722 000	24 813 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,44 %	44,19 %	42,36 %	42,98 %
Debt-to-Equity Ratio	0	0,06	0,09	0,16
Operating Profit Margin	5,37 %	5,73 %	5,33 %	3,95 %
Current Ratio	1,44	1,51	1,56	1,62
Quick Ratio	5,33	3,93	3,12	3,16
Equity Ratio	0,32	0,35	0,36	0,37
Gross Profit Margin	21,85 %	19,63 %	17,8 %	19,61 %