KARMSUND SVEIS OG PÅBYGG AS

4260 TORVASTAD

Finances

Share Ownership

Return on Equity

28,34 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 737 000	7 018 000	15 030 000	10 841 000
Net Income	229 000	−67 000	1 031 000	506 000
Total Assets	2 875 000	3 242 000	3 472 000	5 290 000
Total Equity	808 000	779 000	846 000	416 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 737 000	7 018 000	15 030 000	10 841 000
Expenditure	11 396 000	7 045 000	13 647 000	10 104 000
Operating Profit	342 000	−44 000	1 366 000	724 000
Financial Income	13 000	0	0	2 000
Financial Costs	61 000	41 000	44 000	77 000
Financial Balance	−48 000	−41 000	−44 000	−75 000
Earnings Before Tax	294 000	−84 000	1 321 000	648 000
Tax	65 000	−18 000	291 000	143 000
Net Income	229 000	−67 000	1 031 000	506 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	757 000	775 000	765 000	865 000
Total Current Assets	2 118 000	2 468 000	2 707 000	4 424 000
Total Assets	2 875 000	3 242 000	3 472 000	5 290 000
Total Retained Equity	658 000	629 000	696 000	266 000
Total Equity	808 000	779 000	846 000	416 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 067 000	2 463 000	2 626 000	4 874 000
Total Equity and Debt	2 875 000	3 242 000	3 472 000	5 290 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 714 000	6 990 000	15 013 000	10 830 000
Other Income	23 000	28 000	17 000	11 000
Revenue	11 737 000	7 018 000	15 030 000	10 841 000
Cost of Goods Sold	6 421 000	2 401 000	9 480 000	5 202 000
Salary Costs	3 851 000	3 645 000	3 675 000	3 695 000
Depreciation	8 000	8 000	8 000	26 000
Impairment	0	0	0	0
Expenditure	11 396 000	7 045 000	13 647 000	10 104 000
Operating Profit	342 000	−44 000	1 366 000	724 000
Financial Income	13 000	0	0	2 000
Financial Costs	61 000	41 000	44 000	77 000
Financial Balance	−48 000	−41 000	−44 000	−75 000
Dividends	200 000	0	600 000	390 000
Net Income	229 000	−67 000	1 031 000	506 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	26 000	8 000	97 000
Real Eastate	732 000	732 000	732 000	732 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	17 000	25 000	36 000
Total Tangible Assets	741 000	749 000	757 000	768 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	757 000	775 000	765 000	865 000
Stock	1 305 000	1 538 000	736 000	3 272 000
Total Investments	0	0	0	0
Cash, Bank	237 000	197 000	464 000	203 000
Total Current Assets	2 118 000	2 468 000	2 707 000	4 424 000
Total Assets	2 875 000	3 242 000	3 472 000	5 290 000
Total Equity	808 000	779 000	846 000	416 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	776 000	691 000	363 000	1 894 000
Unpaid Taxes	423 000	606 000	716 000	684 000
Dividends	200 000	0	600 000	390 000
Other Current Debt	612 000	956 000	745 000	1 083 000
Total Current Debt	2 067 000	2 463 000	2 626 000	4 874 000
Total Equity and Debt	2 875 000	3 242 000	3 472 000	5 290 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,34 %	−8,6 %	121,87 %	121,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,91 %	−0,63 %	9,09 %	6,68 %
Current Ratio	1,02	1	1,03	0,91
Quick Ratio	2,78	2,67	1,43	2,76
Equity Ratio	0,28	0,24	0,24	0,08
Gross Profit Margin	45,29 %	65,79 %	36,93 %	52,02 %