KELLO AS

5012 BERGEN

Finances

Return on Equity

20,99 %

Current Ratio

1,66

Debt-to-Equity Ratio

2,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	972 587 000	679 690 000	832 577 000	740 565 000
Net Income	215 033 000	213 767 000	−118 104 000	−70 156 000
Total Assets	3 580 506 000	2 989 865 000	2 792 467 000	2 729 363 000
Total Equity	1 024 340 000	703 420 000	492 790 000	611 185 000

Income (NOK)	2022	2021	2020	2019
Revenue	972 587 000	679 690 000	832 577 000	740 565 000
Expenditure	712 798 000	607 612 000	871 533 000	708 333 000
Operating Profit	223 749 000	100 179 000	−92 717 000	32 231 000
Financial Income	122 153 000	203 066 000	15 971 000	−30 541 000
Financial Costs	92 303 000	71 906 000	77 723 000	70 074 000
Financial Balance	29 850 000	131 160 000	−61 752 000	−100 615 000
Earnings Before Tax	253 600 000	231 340 000	−154 469 000	−68 384 000
Tax	38 567 000	17 573 000	−37 055 000	1 772 000
Net Income	215 033 000	213 767 000	−118 104 000	−70 156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 892 874 000	2 383 429 000	2 376 839 000	2 150 880 000
Total Current Assets	687 632 000	606 435 000	415 628 000	578 484 000
Total Assets	3 580 506 000	2 989 865 000	2 792 467 000	2 729 363 000
Total Retained Equity	1 017 712 000	696 891 000	486 262 000	604 656 000
Total Equity	1 024 340 000	703 420 000	492 790 000	611 185 000
Total Long-Term Debt	2 141 442 000	1 972 328 000	2 098 859 000	1 841 043 000
Total Current Debt	414 724 000	314 117 000	200 819 000	277 136 000
Total Equity and Debt	3 580 506 000	2 989 865 000	2 792 467 000	2 729 363 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	972 587 000	679 690 000	832 577 000	740 565 000
Other Income	0	0	0	0
Revenue	972 587 000	679 690 000	832 577 000	740 565 000
Cost of Goods Sold	367 792 000	354 400 000	539 291 000	402 725 000
Salary Costs	69 653 000	62 542 000	63 619 000	64 213 000
Depreciation	113 363 000	107 468 000	121 651 000	110 126 000
Impairment	0	0	0	0
Expenditure	712 798 000	607 612 000	871 533 000	708 333 000
Operating Profit	223 749 000	100 179 000	−92 717 000	32 231 000
Financial Income	122 153 000	203 066 000	15 971 000	−30 541 000
Financial Costs	92 303 000	71 906 000	77 723 000	70 074 000
Financial Balance	29 850 000	131 160 000	−61 752 000	−100 615 000
Dividends	0	0	0	0
Net Income	215 033 000	213 767 000	−118 104 000	−70 156 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	246 820 000	247 608 000	248 373 000	250 873 000
Real Eastate	1 972 503 000	1 629 725 000	1 782 404 000	1 479 334 000
Machinery and Plant Facilities	90 854 000	113 354 000	137 678 000	166 918 000
Fixtures	14 876 000	7 568 000	6 852 000	6 331 000
Total Tangible Assets	2 081 466 000	1 752 634 000	1 930 509 000	1 657 903 000
Total Fiancial Fixed Assets	564 588 000	383 187 000	197 957 000	242 104 000
Total Fixed Assets	2 892 874 000	2 383 429 000	2 376 839 000	2 150 880 000
Stock	418 969 000	351 571 000	271 231 000	402 661 000
Total Investments	20 870 000	28 505 000	17 241 000	14 549 000
Cash, Bank	47 865 000	66 509 000	35 380 000	14 687 000
Total Current Assets	687 632 000	606 435 000	415 628 000	578 484 000
Total Assets	3 580 506 000	2 989 865 000	2 792 467 000	2 729 363 000
Total Equity	1 024 340 000	703 420 000	492 790 000	611 185 000
Short-Term Group Debt	0	0	0	2 750 000
Total Long-Term Debt	2 141 442 000	1 972 328 000	2 098 859 000	1 841 043 000
Creditors	97 108 000	98 524 000	78 346 000	109 266 000
Unpaid Taxes	5 404 000	4 665 000	4 144 000	4 430 000
Dividends	0	0	0	0
Other Current Debt	23 023 000	25 950 000	19 646 000	25 838 000
Total Current Debt	414 724 000	314 117 000	200 819 000	277 136 000
Total Equity and Debt	3 580 506 000	2 989 865 000	2 792 467 000	2 729 363 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,99 %	30,39 %	−23,97 %	−11,48 %
Debt-to-Equity Ratio	2,09	2,8	4,26	3,01
Operating Profit Margin	23,01 %	14,74 %	−11,14 %	4,35 %
Current Ratio	1,66	1,93	2,07	2,09
Quick Ratio	−161,99	−16,19	−5,9	−4,61
Equity Ratio	0,29	0,24	0,18	0,22
Gross Profit Margin	62,18 %	47,86 %	35,23 %	45,62 %