KARMSUND MARITIME OFFSHORE PRODUCTION AS

4180 KVITSØY

Finances

Share Ownership

Return on Equity

28,49 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 209 000	15 840 000	6 492 000	11 307 000
Net Income	2 080 000	4 402 000	−1 281 000	666 000
Total Assets	15 627 000	16 772 000	13 301 000	15 002 000
Total Equity	7 300 000	10 060 000	6 096 000	7 377 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 209 000	15 840 000	6 492 000	11 307 000
Expenditure	8 469 000	10 186 000	7 877 000	10 495 000
Operating Profit	2 740 000	5 653 000	−1 384 000	812 000
Financial Income	97 000	198 000	84 000	263 000
Financial Costs	168 000	206 000	343 000	221 000
Financial Balance	−71 000	−8 000	−259 000	42 000
Earnings Before Tax	2 670 000	5 646 000	−1 643 000	855 000
Tax	590 000	1 243 000	−361 000	189 000
Net Income	2 080 000	4 402 000	−1 281 000	666 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 477 000	1 205 000	1 564 000	1 271 000
Total Current Assets	14 150 000	15 567 000	11 737 000	13 731 000
Total Assets	15 627 000	16 772 000	13 301 000	15 002 000
Total Retained Equity	1 204 000	3 965 000	0	725 000
Total Equity	7 300 000	10 060 000	6 096 000	7 377 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 327 000	6 712 000	7 206 000	7 625 000
Total Equity and Debt	15 627 000	16 772 000	13 301 000	15 002 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 209 000	15 664 000	5 949 000	11 307 000
Other Income	0	175 000	543 000	0
Revenue	11 209 000	15 840 000	6 492 000	11 307 000
Cost of Goods Sold	4 213 000	5 456 000	4 618 000	7 142 000
Salary Costs	2 542 000	1 810 000	837 000	1 423 000
Depreciation	182 000	119 000	125 000	164 000
Impairment	0	0	0	0
Expenditure	8 469 000	10 186 000	7 877 000	10 495 000
Operating Profit	2 740 000	5 653 000	−1 384 000	812 000
Financial Income	97 000	198 000	84 000	263 000
Financial Costs	168 000	206 000	343 000	221 000
Financial Balance	−71 000	−8 000	−259 000	42 000
Dividends	2 500 000	0	0	0
Net Income	2 080 000	4 402 000	−1 281 000	666 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	355 000	276 000	516 000	98 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	312 000	0	0	3 000
Fixtures	235 000	355 000	474 000	596 000
Total Tangible Assets	548 000	355 000	474 000	599 000
Total Fiancial Fixed Assets	574 000	574 000	574 000	574 000
Total Fixed Assets	1 477 000	1 205 000	1 564 000	1 271 000
Stock	5 929 000	5 743 000	8 034 000	11 397 000
Total Investments	0	0	0	0
Cash, Bank	1 524 000	891 000	1 189 000	912 000
Total Current Assets	14 150 000	15 567 000	11 737 000	13 731 000
Total Assets	15 627 000	16 772 000	13 301 000	15 002 000
Total Equity	7 300 000	10 060 000	6 096 000	7 377 000
Short-Term Group Debt	4 460 000	5 084 000	6 663 000	6 847 000
Total Long-Term Debt	0	0	0	0
Creditors	117 000	116 000	162 000	274 000
Unpaid Taxes	707 000	213 000	221 000	212 000
Dividends	2 500 000	0	0	0
Other Current Debt	534 000	419 000	104 000	262 000
Total Current Debt	8 327 000	6 712 000	7 206 000	7 625 000
Total Equity and Debt	15 627 000	16 772 000	13 301 000	15 002 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,49 %	43,76 %	−21,01 %	9,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,44 %	35,69 %	−21,32 %	7,18 %
Current Ratio	1,7	2,32	1,63	1,8
Quick Ratio	5,9	16,07	−14,18	−3,64
Equity Ratio	0,47	0,6	0,46	0,49
Gross Profit Margin	62,41 %	65,56 %	28,87 %	36,84 %