KARMSUND OFFSHORE AS

5583 VIKEDAL

Finances

Share Ownership

Return on Equity

−6,22 %

Current Ratio

0,93

Debt-to-Equity Ratio

1,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	364 000	359 000	493 000	574 000
Net Income	−72 000	−9 000	153 000	202 000
Total Assets	3 781 000	3 619 000	3 596 000	3 693 000
Total Equity	1 158 000	863 000	869 000	716 000

Income (NOK)	2022	2021	2020	2019
Revenue	364 000	359 000	493 000	574 000
Expenditure	370 000	309 000	206 000	197 000
Operating Profit	−6 000	50 000	287 000	377 000
Financial Income	0	0	0	0
Financial Costs	86 000	62 000	91 000	118 000
Financial Balance	−86 000	−62 000	−91 000	−118 000
Earnings Before Tax	−92 000	−12 000	196 000	259 000
Tax	−20 000	−3 000	43 000	57 000
Net Income	−72 000	−9 000	153 000	202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 316 000	3 416 000	3 516 000	3 615 000
Total Current Assets	465 000	203 000	81 000	78 000
Total Assets	3 781 000	3 619 000	3 596 000	3 693 000
Total Retained Equity	273 000	345 000	354 000	202 000
Total Equity	1 158 000	863 000	869 000	716 000
Total Long-Term Debt	2 125 000	2 239 000	2 301 000	2 570 000
Total Current Debt	498 000	516 000	427 000	407 000
Total Equity and Debt	3 781 000	3 619 000	3 596 000	3 693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	364 000	359 000	493 000	574 000
Revenue	364 000	359 000	493 000	574 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	100 000	100 000	100 000	100 000
Impairment	0	0	0	0
Expenditure	370 000	309 000	206 000	197 000
Operating Profit	−6 000	50 000	287 000	377 000
Financial Income	0	0	0	0
Financial Costs	86 000	62 000	91 000	118 000
Financial Balance	−86 000	−62 000	−91 000	−118 000
Dividends	0	0	0	0
Net Income	−72 000	−9 000	153 000	202 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 316 000	3 416 000	3 516 000	3 615 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 316 000	3 416 000	3 516 000	3 615 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 316 000	3 416 000	3 516 000	3 615 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	2 000	3 000	7 000
Total Current Assets	465 000	203 000	81 000	78 000
Total Assets	3 781 000	3 619 000	3 596 000	3 693 000
Total Equity	1 158 000	863 000	869 000	716 000
Short-Term Group Debt	383 000	416 000	294 000	254 000
Total Long-Term Debt	2 125 000	2 239 000	2 301 000	2 570 000
Creditors	42 000	23 000	23 000	4 000
Unpaid Taxes	10 000	14 000	15 000	14 000
Dividends	0	0	0	0
Other Current Debt	63 000	64 000	51 000	79 000
Total Current Debt	498 000	516 000	427 000	407 000
Total Equity and Debt	3 781 000	3 619 000	3 596 000	3 693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,22 %	−1,04 %	17,61 %	28,21 %
Debt-to-Equity Ratio	1,84	2,59	2,65	3,59
Operating Profit Margin	−1,65 %	13,93 %	58,22 %	65,68 %
Current Ratio	0,93	0,39	0,19	0,19
Quick Ratio	0,93	0,39	0,19	0,19
Equity Ratio	0,31	0,24	0,24	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %