KURSIV SKILT & DEKOR AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

38,2 %

Current Ratio

1,88

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 328 000	4 704 000	3 995 000	4 148 000
Net Income	259 000	88 000	36 000	13 000
Total Assets	1 666 000	1 603 000	1 642 000	1 608 000
Total Equity	678 000	419 000	331 000	295 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 328 000	4 704 000	3 995 000	4 148 000
Expenditure	4 956 000	4 543 000	3 907 000	4 098 000
Operating Profit	372 000	161 000	88 000	50 000
Financial Income	0	1 000	1 000	2 000
Financial Costs	25 000	37 000	34 000	30 000
Financial Balance	−25 000	−36 000	−33 000	−28 000
Earnings Before Tax	346 000	125 000	56 000	22 000
Tax	87 000	37 000	20 000	9 000
Net Income	259 000	88 000	36 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	269 000	256 000	275 000	386 000
Total Current Assets	1 397 000	1 348 000	1 367 000	1 222 000
Total Assets	1 666 000	1 603 000	1 642 000	1 608 000
Total Retained Equity	478 000	219 000	131 000	95 000
Total Equity	678 000	419 000	331 000	295 000
Total Long-Term Debt	244 000	379 000	312 000	391 000
Total Current Debt	744 000	806 000	999 000	922 000
Total Equity and Debt	1 666 000	1 603 000	1 642 000	1 608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 328 000	4 754 000	4 009 000	4 205 000
Other Income	0	−50 000	−14 000	−57 000
Revenue	5 328 000	4 704 000	3 995 000	4 148 000
Cost of Goods Sold	976 000	868 000	770 000	872 000
Salary Costs	2 708 000	2 466 000	2 014 000	2 039 000
Depreciation	65 000	55 000	53 000	63 000
Impairment	0	0	0	0
Expenditure	4 956 000	4 543 000	3 907 000	4 098 000
Operating Profit	372 000	161 000	88 000	50 000
Financial Income	0	1 000	1 000	2 000
Financial Costs	25 000	37 000	34 000	30 000
Financial Balance	−25 000	−36 000	−33 000	−28 000
Dividends	0	0	0	0
Net Income	259 000	88 000	36 000	13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	15 000	29 000	44 000
Machinery and Plant Facilities	0	3 000	3 000	4 000
Fixtures	204 000	174 000	163 000	201 000
Total Tangible Assets	204 000	191 000	195 000	248 000
Total Fiancial Fixed Assets	65 000	65 000	80 000	138 000
Total Fixed Assets	269 000	256 000	275 000	386 000
Stock	436 000	535 000	499 000	499 000
Total Investments	0	0	0	0
Cash, Bank	351 000	7 000	382 000	179 000
Total Current Assets	1 397 000	1 348 000	1 367 000	1 222 000
Total Assets	1 666 000	1 603 000	1 642 000	1 608 000
Total Equity	678 000	419 000	331 000	295 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	244 000	379 000	312 000	391 000
Creditors	91 000	206 000	336 000	388 000
Unpaid Taxes	375 000	370 000	441 000	299 000
Dividends	0	0	0	0
Other Current Debt	189 000	193 000	200 000	224 000
Total Current Debt	744 000	806 000	999 000	922 000
Total Equity and Debt	1 666 000	1 603 000	1 642 000	1 608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,2 %	21 %	10,88 %	4,41 %
Debt-to-Equity Ratio	0,36	0,9	0,94	1,33
Operating Profit Margin	6,98 %	3,42 %	2,2 %	1,21 %
Current Ratio	1,88	1,67	1,37	1,33
Quick Ratio	4,54	4,97	2,73	2,89
Equity Ratio	0,41	0,26	0,2	0,18
Gross Profit Margin	81,68 %	81,55 %	80,73 %	78,98 %