KARS NORGE AS

1470 LØRENSKOG

Finances

Share Ownership

Return on Equity

−6,16 %

Current Ratio

29,65

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	312 000	21 181 000	18 707 000	30 658 000
Net Income	−467 000	6 532 000	−111 000	1 394 000
Total Assets	13 542 000	13 785 000	6 251 000	8 358 000
Total Equity	7 581 000	8 048 000	4 516 000	4 628 000

Income (NOK)	2022	2021	2020	2019
Revenue	312 000	21 181 000	18 707 000	30 658 000
Expenditure	860 000	12 820 000	18 903 000	28 965 000
Operating Profit	−548 000	8 361 000	−195 000	1 693 000
Financial Income	166 000	32 000	53 000	100 000
Financial Costs	216 000	19 000	1 000	2 000
Financial Balance	−50 000	13 000	52 000	98 000
Earnings Before Tax	−598 000	8 374 000	−142 000	1 791 000
Tax	−131 000	1 842 000	−31 000	397 000
Net Income	−467 000	6 532 000	−111 000	1 394 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 901 000	3 384 000	597 000	850 000
Total Current Assets	6 641 000	10 401 000	5 653 000	7 508 000
Total Assets	13 542 000	13 785 000	6 251 000	8 358 000
Total Retained Equity	7 481 000	7 948 000	4 416 000	4 528 000
Total Equity	7 581 000	8 048 000	4 516 000	4 628 000
Total Long-Term Debt	5 737 000	3 475 000	0	0
Total Current Debt	224 000	2 262 000	1 734 000	3 730 000
Total Equity and Debt	13 542 000	13 785 000	6 251 000	8 358 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	13 678 000	18 707 000	30 658 000
Other Income	312 000	7 503 000	0	0
Revenue	312 000	21 181 000	18 707 000	30 658 000
Cost of Goods Sold	0	3 535 000	5 343 000	8 981 000
Salary Costs	628 000	5 254 000	7 763 000	11 301 000
Depreciation	0	106 000	203 000	302 000
Impairment	0	0	0	0
Expenditure	860 000	12 820 000	18 903 000	28 965 000
Operating Profit	−548 000	8 361 000	−195 000	1 693 000
Financial Income	166 000	32 000	53 000	100 000
Financial Costs	216 000	19 000	1 000	2 000
Financial Balance	−50 000	13 000	52 000	98 000
Dividends	0	3 000 000	0	0
Net Income	−467 000	6 532 000	−111 000	1 394 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	262 000	299 000
Real Eastate	6 901 000	3 384 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	335 000	551 000
Total Tangible Assets	6 901 000	3 384 000	335 000	551 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 901 000	3 384 000	597 000	850 000
Stock	0	0	182 000	234 000
Total Investments	0	0	0	0
Cash, Bank	6 639 000	10 399 000	5 097 000	7 209 000
Total Current Assets	6 641 000	10 401 000	5 653 000	7 508 000
Total Assets	13 542 000	13 785 000	6 251 000	8 358 000
Total Equity	7 581 000	8 048 000	4 516 000	4 628 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 737 000	3 475 000	0	0
Creditors	0	−23 000	384 000	989 000
Unpaid Taxes	53 000	109 000	485 000	963 000
Dividends	0	3 000 000	0	0
Other Current Debt	110 000	523 000	865 000	1 417 000
Total Current Debt	224 000	2 262 000	1 734 000	3 730 000
Total Equity and Debt	13 542 000	13 785 000	6 251 000	8 358 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,16 %	81,16 %	−2,46 %	30,12 %
Debt-to-Equity Ratio	0,76	0,43	0	0
Operating Profit Margin	−175,64 %	39,47 %	−1,04 %	5,52 %
Current Ratio	29,65	4,6	3,26	2,01
Quick Ratio	29,65	4,6	3,64	2,15
Equity Ratio	0,56	0,58	0,72	0,55
Gross Profit Margin	100 %	83,31 %	71,44 %	70,71 %