KULDE- & VARMEPUMPETEKNIKK AS

2100 SKARNES

Finances

Share Ownership

Return on Equity

71,88 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 168 000	15 765 000	11 044 000	13 679 000
Net Income	1 038 000	1 187 000	377 000	727 000
Total Assets	5 856 000	5 379 000	3 568 000	4 504 000
Total Equity	1 444 000	1 505 000	1 518 000	1 491 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 168 000	15 765 000	11 044 000	13 679 000
Expenditure	15 809 000	14 223 000	10 545 000	12 725 000
Operating Profit	1 358 000	1 541 000	499 000	954 000
Financial Income	4 000	7 000	5 000	3 000
Financial Costs	30 000	26 000	20 000	25 000
Financial Balance	−26 000	−19 000	−15 000	−22 000
Earnings Before Tax	1 332 000	1 523 000	484 000	932 000
Tax	293 000	335 000	106 000	205 000
Net Income	1 038 000	1 187 000	377 000	727 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 374 000	1 117 000	1 497 000	1 324 000
Total Current Assets	4 482 000	4 262 000	2 071 000	3 179 000
Total Assets	5 856 000	5 379 000	3 568 000	4 504 000
Total Retained Equity	1 344 000	1 405 000	1 418 000	1 391 000
Total Equity	1 444 000	1 505 000	1 518 000	1 491 000
Total Long-Term Debt	660 000	421 000	501 000	272 000
Total Current Debt	3 752 000	3 453 000	1 549 000	2 741 000
Total Equity and Debt	5 856 000	5 379 000	3 568 000	4 504 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 665 000	15 696 000	10 903 000	13 677 000
Other Income	503 000	68 000	141 000	1 000
Revenue	17 168 000	15 765 000	11 044 000	13 679 000
Cost of Goods Sold	7 452 000	7 815 000	4 491 000	6 474 000
Salary Costs	5 521 000	4 128 000	4 000 000	4 057 000
Depreciation	229 000	282 000	298 000	274 000
Impairment	0	0	0	0
Expenditure	15 809 000	14 223 000	10 545 000	12 725 000
Operating Profit	1 358 000	1 541 000	499 000	954 000
Financial Income	4 000	7 000	5 000	3 000
Financial Costs	30 000	26 000	20 000	25 000
Financial Balance	−26 000	−19 000	−15 000	−22 000
Dividends	500 000	1 200 000	350 000	0
Net Income	1 038 000	1 187 000	377 000	727 000

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	1 374 000	1 117 000	1 497 000	1 324 000
Total Tangible Assets	1 374 000	1 117 000	1 497 000	1 324 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 374 000	1 117 000	1 497 000	1 324 000
Stock	1 201 000	397 000	458 000	368 000
Total Investments	0	0	0	0
Cash, Bank	908 000	2 003 000	684 000	1 706 000
Total Current Assets	4 482 000	4 262 000	2 071 000	3 179 000
Total Assets	5 856 000	5 379 000	3 568 000	4 504 000
Total Equity	1 444 000	1 505 000	1 518 000	1 491 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	660 000	421 000	501 000	272 000
Creditors	1 269 000	871 000	362 000	891 000
Unpaid Taxes	927 000	627 000	334 000	525 000
Dividends	500 000	1 200 000	350 000	0
Other Current Debt	780 000	414 000	427 000	417 000
Total Current Debt	3 752 000	3 453 000	1 549 000	2 741 000
Total Equity and Debt	5 856 000	5 379 000	3 568 000	4 504 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,88 %	78,87 %	24,84 %	48,76 %
Debt-to-Equity Ratio	0,46	0,28	0,33	0,18
Operating Profit Margin	7,91 %	9,77 %	4,52 %	6,97 %
Current Ratio	1,19	1,23	1,34	1,16
Quick Ratio	1,76	1,39	1,9	1,34
Equity Ratio	0,25	0,28	0,43	0,33
Gross Profit Margin	56,59 %	50,43 %	59,34 %	52,67 %