KARMØY HIRE AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

2,7 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 177 000	39 799 000	16 658 000	17 657 000
Net Income	223 000	2 587 000	1 228 000	1 348 000
Total Assets	42 430 000	29 462 000	15 120 000	12 916 000
Total Equity	8 247 000	8 025 000	5 438 000	4 210 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 177 000	39 799 000	16 658 000	17 657 000
Expenditure	3 945 000	36 299 000	15 079 000	16 006 000
Operating Profit	232 000	3 500 000	1 579 000	1 652 000
Financial Income	110 000	134 000	52 000	77 000
Financial Costs	56 000	318 000	57 000	1 000
Financial Balance	54 000	−184 000	−5 000	76 000
Earnings Before Tax	286 000	3 316 000	1 575 000	1 728 000
Tax	63 000	730 000	346 000	380 000
Net Income	223 000	2 587 000	1 228 000	1 348 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	42 430 000	29 462 000	15 120 000	12 916 000
Total Assets	42 430 000	29 462 000	15 120 000	12 916 000
Total Retained Equity	7 589 000	7 366 000	4 779 000	3 551 000
Total Equity	8 247 000	8 025 000	5 438 000	4 210 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	34 183 000	21 438 000	9 682 000	8 707 000
Total Equity and Debt	42 430 000	29 462 000	15 120 000	12 916 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 177 000	39 799 000	16 658 000	17 657 000
Other Income	0	0	0	0
Revenue	4 177 000	39 799 000	16 658 000	17 657 000
Cost of Goods Sold	2 232 000	20 263 000	9 032 000	7 755 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 945 000	36 299 000	15 079 000	16 006 000
Operating Profit	232 000	3 500 000	1 579 000	1 652 000
Financial Income	110 000	134 000	52 000	77 000
Financial Costs	56 000	318 000	57 000	1 000
Financial Balance	54 000	−184 000	−5 000	76 000
Dividends	0	0	0	0
Net Income	223 000	2 587 000	1 228 000	1 348 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 052 000	139 000	4 453 000	3 891 000
Total Current Assets	42 430 000	29 462 000	15 120 000	12 916 000
Total Assets	42 430 000	29 462 000	15 120 000	12 916 000
Total Equity	8 247 000	8 025 000	5 438 000	4 210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 986 000	561 000	8 069 000	6 978 000
Unpaid Taxes	0	1 157 000	0	0
Dividends	0	0	0	0
Other Current Debt	17 134 000	18 991 000	1 267 000	1 729 000
Total Current Debt	34 183 000	21 438 000	9 682 000	8 707 000
Total Equity and Debt	42 430 000	29 462 000	15 120 000	12 916 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,7 %	32,24 %	22,58 %	32,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,55 %	8,79 %	9,48 %	9,36 %
Current Ratio	1,24	1,37	1,56	1,48
Quick Ratio	1,24	1,37	1,56	1,48
Equity Ratio	0,19	0,27	0,36	0,33
Gross Profit Margin	46,56 %	49,09 %	45,78 %	56,08 %