KARMSUND OFFSHOREBASE AS

4265 HÅVIK

Finances

Share Ownership

Return on Equity

8,31 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 314 000	4 115 000	5 525 000	4 208 000
Net Income	1 365 000	1 867 000	2 101 000	1 001 000
Total Assets	25 897 000	28 129 000	30 467 000	30 034 000
Total Equity	16 430 000	16 889 000	17 297 000	17 667 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 314 000	4 115 000	5 525 000	4 208 000
Expenditure	2 372 000	1 636 000	2 626 000	2 661 000
Operating Profit	1 942 000	2 479 000	2 899 000	1 547 000
Financial Income	122 000	105 000	58 000	68 000
Financial Costs	314 000	191 000	264 000	332 000
Financial Balance	−192 000	−86 000	−206 000	−264 000
Earnings Before Tax	1 750 000	2 394 000	2 693 000	1 283 000
Tax	385 000	527 000	593 000	282 000
Net Income	1 365 000	1 867 000	2 101 000	1 001 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 482 000	21 660 000	23 014 000	24 368 000
Total Current Assets	3 415 000	6 469 000	7 453 000	5 667 000
Total Assets	25 897 000	28 129 000	30 467 000	30 034 000
Total Retained Equity	6 091 000	6 550 000	6 958 000	7 328 000
Total Equity	16 430 000	16 889 000	17 297 000	17 667 000
Total Long-Term Debt	6 914 000	8 075 000	9 254 000	10 422 000
Total Current Debt	2 553 000	3 165 000	3 916 000	1 945 000
Total Equity and Debt	25 897 000	28 129 000	30 467 000	30 034 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	2 165 000	1 299 000
Other Income	4 314 000	4 115 000	3 361 000	2 908 000
Revenue	4 314 000	4 115 000	5 525 000	4 208 000
Cost of Goods Sold	47 000	−797 000	1 039 000	1 011 000
Salary Costs	0	0	0	0
Depreciation	1 354 000	1 354 000	1 354 000	1 354 000
Impairment	0	0	0	0
Expenditure	2 372 000	1 636 000	2 626 000	2 661 000
Operating Profit	1 942 000	2 479 000	2 899 000	1 547 000
Financial Income	122 000	105 000	58 000	68 000
Financial Costs	314 000	191 000	264 000	332 000
Financial Balance	−192 000	−86 000	−206 000	−264 000
Dividends	0	0	0	0
Net Income	1 365 000	1 867 000	2 101 000	1 001 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	0	0	0
Real Eastate	22 450 000	21 660 000	23 014 000	24 368 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	22 450 000	21 660 000	23 014 000	24 368 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 482 000	21 660 000	23 014 000	24 368 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 679 000	6 347 000	6 440 000	4 218 000
Total Current Assets	3 415 000	6 469 000	7 453 000	5 667 000
Total Assets	25 897 000	28 129 000	30 467 000	30 034 000
Total Equity	16 430 000	16 889 000	17 297 000	17 667 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 914 000	8 075 000	9 254 000	10 422 000
Creditors	34 000	56 000	123 000	40 000
Unpaid Taxes	130 000	192 000	88 000	125 000
Dividends	0	0	0	0
Other Current Debt	51 000	0	43 000	88 000
Total Current Debt	2 553 000	3 165 000	3 916 000	1 945 000
Total Equity and Debt	25 897 000	28 129 000	30 467 000	30 034 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,31 %	11,05 %	12,15 %	5,67 %
Debt-to-Equity Ratio	0,42	0,48	0,54	0,59
Operating Profit Margin	45,02 %	60,24 %	52,47 %	36,76 %
Current Ratio	1,34	2,04	1,9	2,91
Quick Ratio	1,34	2,04	1,9	2,91
Equity Ratio	0,63	0,6	0,57	0,59
Gross Profit Margin	98,91 %	119,37 %	81,19 %	75,97 %