KURAAS AS

8514 NARVIK

Finances

Return on Equity

5,98 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	254 286 000	237 990 000	212 240 000	202 533 000
Net Income	1 784 000	13 225 000	7 245 000	−3 719 000
Total Assets	112 402 000	74 626 000	57 824 000	63 710 000
Total Equity	29 847 000	28 063 000	25 338 000	18 094 000

Income (NOK)	2022	2021	2020	2019
Revenue	254 286 000	237 990 000	212 240 000	202 533 000
Expenditure	270 565 000	239 622 000	202 237 000	200 317 000
Operating Profit	5 313 000	18 362 000	10 610 000	−3 172 000
Financial Income	24 000	113 000	204 000	83 000
Financial Costs	3 035 000	1 475 000	1 531 000	1 997 000
Financial Balance	−3 011 000	−1 362 000	−1 327 000	−1 914 000
Earnings Before Tax	2 302 000	17 001 000	9 283 000	−5 087 000
Tax	518 000	3 776 000	2 039 000	−1 368 000
Net Income	1 784 000	13 225 000	7 245 000	−3 719 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 129 000	11 143 000	16 377 000	18 362 000
Total Current Assets	92 272 000	63 483 000	41 447 000	45 348 000
Total Assets	112 402 000	74 626 000	57 824 000	63 710 000
Total Retained Equity	6 509 000	4 725 000	−2 272 000	−9 516 000
Total Equity	29 847 000	28 063 000	25 338 000	18 094 000
Total Long-Term Debt	23 536 000	5 960 000	7 979 000	6 036 000
Total Current Debt	59 019 000	40 603 000	24 507 000	39 580 000
Total Equity and Debt	112 402 000	74 626 000	57 824 000	63 710 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	254 236 000	237 990 000	211 990 000	202 533 000
Other Income	50 000	0	251 000	0
Revenue	254 286 000	237 990 000	212 240 000	202 533 000
Cost of Goods Sold	199 785 000	181 061 000	147 223 000	140 844 000
Salary Costs	37 496 000	32 319 000	29 830 000	31 478 000
Depreciation	3 148 000	2 341 000	2 209 000	2 068 000
Impairment	0	0	0	0
Expenditure	270 565 000	239 622 000	202 237 000	200 317 000
Operating Profit	5 313 000	18 362 000	10 610 000	−3 172 000
Financial Income	24 000	113 000	204 000	83 000
Financial Costs	3 035 000	1 475 000	1 531 000	1 997 000
Financial Balance	−3 011 000	−1 362 000	−1 327 000	−1 914 000
Dividends	0	8 500 000	0	0
Net Income	1 784 000	13 225 000	7 245 000	−3 719 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 972 000	2 528 000	6 342 000	8 419 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 154 000	8 612 000	10 024 000	9 932 000
Total Tangible Assets	18 154 000	8 612 000	10 024 000	9 932 000
Total Fiancial Fixed Assets	3 000	3 000	11 000	12 000
Total Fixed Assets	20 129 000	11 143 000	16 377 000	18 362 000
Stock	72 144 000	50 552 000	30 558 000	29 950 000
Total Investments	0	0	0	0
Cash, Bank	1 259 000	1 253 000	1 036 000	1 157 000
Total Current Assets	92 272 000	63 483 000	41 447 000	45 348 000
Total Assets	112 402 000	74 626 000	57 824 000	63 710 000
Total Equity	29 847 000	28 063 000	25 338 000	18 094 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 536 000	5 960 000	7 979 000	6 036 000
Creditors	16 104 000	11 760 000	6 465 000	9 864 000
Unpaid Taxes	4 384 000	3 517 000	4 148 000	3 406 000
Dividends	0	8 500 000	0	0
Other Current Debt	3 610 000	3 211 000	2 931 000	3 204 000
Total Current Debt	59 019 000	40 603 000	24 507 000	39 580 000
Total Equity and Debt	112 402 000	74 626 000	57 824 000	63 710 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,98 %	47,13 %	28,59 %	−20,55 %
Debt-to-Equity Ratio	0,79	0,21	0,31	0,33
Operating Profit Margin	2,09 %	7,72 %	5 %	−1,57 %
Current Ratio	1,56	1,56	1,69	1,15
Quick Ratio	−7,03	−6,38	−6,85	4,71
Equity Ratio	0,27	0,38	0,44	0,28
Gross Profit Margin	21,43 %	23,92 %	30,63 %	30,46 %