KARLSEN & NORDSETH ENTREPRENØR AS

1481 HAGAN

Finances

Share Ownership

Return on Equity

38,79 %

Current Ratio

1,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	237 850 000	231 459 000	365 127 000	192 445 000
Net Income	28 241 000	34 237 000	22 500 000	21 030 000
Total Assets	143 620 000	117 539 000	146 946 000	94 694 000
Total Equity	72 797 000	54 556 000	52 295 000	57 530 000

Income (NOK)	2022	2021	2020	2019
Revenue	237 850 000	231 459 000	365 127 000	192 445 000
Expenditure	204 604 000	187 722 000	336 548 000	165 723 000
Operating Profit	33 245 000	43 738 000	28 580 000	26 722 000
Financial Income	190 000	163 000	277 000	264 000
Financial Costs	38 000	7 000	11 000	20 000
Financial Balance	152 000	156 000	266 000	244 000
Earnings Before Tax	33 397 000	43 894 000	28 846 000	26 966 000
Tax	5 155 000	9 657 000	6 347 000	5 936 000
Net Income	28 241 000	34 237 000	22 500 000	21 030 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 572 000	9 627 000	7 738 000	6 635 000
Total Current Assets	133 049 000	107 912 000	139 208 000	88 059 000
Total Assets	143 620 000	117 539 000	146 946 000	94 694 000
Total Retained Equity	70 790 000	52 548 000	51 345 000	56 580 000
Total Equity	72 797 000	54 556 000	52 295 000	57 530 000
Total Long-Term Debt	0	0	4 440 000	3 359 000
Total Current Debt	70 823 000	62 984 000	90 211 000	33 806 000
Total Equity and Debt	143 620 000	117 539 000	146 946 000	94 694 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	237 408 000	230 893 000	364 523 000	189 215 000
Other Income	441 000	566 000	604 000	3 230 000
Revenue	237 850 000	231 459 000	365 127 000	192 445 000
Cost of Goods Sold	160 541 000	131 986 000	291 330 000	128 592 000
Salary Costs	36 382 000	45 109 000	31 829 000	29 253 000
Depreciation	1 001 000	845 000	697 000	530 000
Impairment	0	0	0	0
Expenditure	204 604 000	187 722 000	336 548 000	165 723 000
Operating Profit	33 245 000	43 738 000	28 580 000	26 722 000
Financial Income	190 000	163 000	277 000	264 000
Financial Costs	38 000	7 000	11 000	20 000
Financial Balance	152 000	156 000	266 000	244 000
Dividends	0	0	0	0
Net Income	28 241 000	34 237 000	22 500 000	21 030 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	142 000	923 000	0	0
Real Eastate	4 814 000	4 814 000	4 814 000	4 814 000
Machinery and Plant Facilities	0	3 890 000	0	0
Fixtures	5 616 000	0	2 924 000	1 821 000
Total Tangible Assets	10 430 000	8 704 000	7 738 000	6 635 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 572 000	9 627 000	7 738 000	6 635 000
Stock	26 000	15 000	29 000	0
Total Investments	0	0	0	0
Cash, Bank	62 507 000	65 097 000	81 357 000	33 962 000
Total Current Assets	133 049 000	107 912 000	139 208 000	88 059 000
Total Assets	143 620 000	117 539 000	146 946 000	94 694 000
Total Equity	72 797 000	54 556 000	52 295 000	57 530 000
Short-Term Group Debt	10 000 000	1 559 000	0	0
Total Long-Term Debt	0	0	4 440 000	3 359 000
Creditors	29 993 000	15 037 000	27 586 000	17 832 000
Unpaid Taxes	9 803 000	10 541 000	2 901 000	4 739 000
Dividends	0	0	0	0
Other Current Debt	16 653 000	20 827 000	59 724 000	7 562 000
Total Current Debt	70 823 000	62 984 000	90 211 000	33 806 000
Total Equity and Debt	143 620 000	117 539 000	146 946 000	94 694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,79 %	62,76 %	43,03 %	36,55 %
Debt-to-Equity Ratio	0	0	0,08	0,06
Operating Profit Margin	13,98 %	18,9 %	7,83 %	13,89 %
Current Ratio	1,88	1,71	1,54	2,6
Quick Ratio	1,88	1,71	1,54	2,6
Equity Ratio	0,51	0,46	0,36	0,61
Gross Profit Margin	32,5 %	42,98 %	20,21 %	33,18 %