KARMSUND NÆRINGSMIDDELBYGG AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

−9,62 %

Current Ratio

0,65

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 756 000	42 281 000	40 644 000	40 037 000
Net Income	−807 000	2 750 000	2 050 000	1 306 000
Total Assets	16 394 000	14 150 000	12 865 000	8 689 000
Total Equity	8 387 000	9 195 000	8 442 000	5 192 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 756 000	42 281 000	40 644 000	40 037 000
Expenditure	37 090 000	38 188 000	36 170 000	39 411 000
Operating Profit	−359 000	3 331 000	2 622 000	1 660 000
Financial Income	13 000	138 000	7 000	15 000
Financial Costs	611 000	0	0	1 000
Financial Balance	−598 000	138 000	7 000	14 000
Earnings Before Tax	−956 000	3 469 000	2 629 000	1 675 000
Tax	−149 000	718 000	579 000	369 000
Net Income	−807 000	2 750 000	2 050 000	1 306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 250 000	2 340 000	367 000	503 000
Total Current Assets	4 144 000	11 810 000	12 499 000	8 186 000
Total Assets	16 394 000	14 150 000	12 865 000	8 689 000
Total Retained Equity	5 631 000	6 438 000	5 686 000	2 786 000
Total Equity	8 387 000	9 195 000	8 442 000	5 192 000
Total Long-Term Debt	1 610 000	291 000	216 000	154 000
Total Current Debt	6 397 000	4 664 000	4 208 000	3 343 000
Total Equity and Debt	16 394 000	14 150 000	12 865 000	8 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 756 000	42 281 000	40 644 000	40 037 000
Other Income	0	0	0	0
Revenue	36 756 000	42 281 000	40 644 000	40 037 000
Cost of Goods Sold	19 277 000	22 286 000	23 250 000	26 059 000
Salary Costs	11 563 000	11 238 000	9 029 000	9 424 000
Depreciation	470 000	219 000	203 000	286 000
Impairment	0	0	0	0
Expenditure	37 090 000	38 188 000	36 170 000	39 411 000
Operating Profit	−359 000	3 331 000	2 622 000	1 660 000
Financial Income	13 000	138 000	7 000	15 000
Financial Costs	611 000	0	0	1 000
Financial Balance	−598 000	138 000	7 000	14 000
Dividends	0	0	0	0
Net Income	−807 000	2 750 000	2 050 000	1 306 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	291 000	142 000	164 000	141 000
Real Eastate	7 381 000	15 000	0	0
Machinery and Plant Facilities	2 079 000	2 183 000	203 000	362 000
Fixtures	0	0	0	0
Total Tangible Assets	9 460 000	2 198 000	203 000	362 000
Total Fiancial Fixed Assets	2 500 000	0	0	0
Total Fixed Assets	12 250 000	2 340 000	367 000	503 000
Stock	1 189 000	1 215 000	1 976 000	3 828 000
Total Investments	310 000	7 137 000	0	0
Cash, Bank	430 000	1 252 000	7 874 000	1 489 000
Total Current Assets	4 144 000	11 810 000	12 499 000	8 186 000
Total Assets	16 394 000	14 150 000	12 865 000	8 689 000
Total Equity	8 387 000	9 195 000	8 442 000	5 192 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 610 000	291 000	216 000	154 000
Creditors	3 893 000	1 605 000	1 811 000	1 423 000
Unpaid Taxes	677 000	947 000	779 000	641 000
Dividends	0	0	0	0
Other Current Debt	1 252 000	1 416 000	1 015 000	868 000
Total Current Debt	6 397 000	4 664 000	4 208 000	3 343 000
Total Equity and Debt	16 394 000	14 150 000	12 865 000	8 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,62 %	29,91 %	24,28 %	25,15 %
Debt-to-Equity Ratio	0,19	0,03	0,03	0,03
Operating Profit Margin	−0,98 %	7,88 %	6,45 %	4,15 %
Current Ratio	0,65	2,53	2,97	2,45
Quick Ratio	0,8	3,42	5,6	−16,88
Equity Ratio	0,51	0,65	0,66	0,6
Gross Profit Margin	47,55 %	47,29 %	42,8 %	34,91 %