KRAGSTAD AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

29,57 %

Current Ratio

2,67

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2021	2020	2019	2018
Revenue	28 738 000	30 441 000	32 796 000	29 555 000
Net Income	2 261 000	887 000	−3 000	−89 000
Total Assets	22 616 000	16 897 000	13 922 000	17 310 000
Total Equity	7 647 000	5 386 000	4 498 000	4 501 000

Income (NOK)	2021	2020	2019	2018
Revenue	28 738 000	30 441 000	32 796 000	29 555 000
Expenditure	25 800 000	29 144 000	32 524 000	29 361 000
Operating Profit	2 938 000	1 297 000	271 000	193 000
Financial Income	0	1 000	1 000	3 000
Financial Costs	10 000	164 000	210 000	295 000
Financial Balance	−10 000	−163 000	−209 000	−292 000
Earnings Before Tax	2 927 000	1 134 000	63 000	−99 000
Tax	666 000	247 000	66 000	−9 000
Net Income	2 261 000	887 000	−3 000	−89 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	562 000	538 000	190 000	304 000
Total Current Assets	22 054 000	16 359 000	13 731 000	17 006 000
Total Assets	22 616 000	16 897 000	13 922 000	17 310 000
Total Retained Equity	7 579 000	5 318 000	4 431 000	4 434 000
Total Equity	7 647 000	5 386 000	4 498 000	4 501 000
Total Long-Term Debt	6 713 000	4 396 000	4 215 000	7 901 000
Total Current Debt	8 255 000	7 115 000	5 208 000	4 907 000
Total Equity and Debt	22 616 000	16 897 000	13 922 000	17 310 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	28 751 000	30 133 000	32 796 000	29 555 000
Other Income	−13 000	308 000	0	0
Revenue	28 738 000	30 441 000	32 796 000	29 555 000
Cost of Goods Sold	22 404 000	25 144 000	28 130 000	24 278 000
Salary Costs	1 155 000	1 657 000	1 612 000	2 258 000
Depreciation	162 000	122 000	114 000	116 000
Impairment	0	0	0	0
Expenditure	25 800 000	29 144 000	32 524 000	29 361 000
Operating Profit	2 938 000	1 297 000	271 000	193 000
Financial Income	0	1 000	1 000	3 000
Financial Costs	10 000	164 000	210 000	295 000
Financial Balance	−10 000	−163 000	−209 000	−292 000
Dividends	0	0	0	784 000
Net Income	2 261 000	887 000	−3 000	−89 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	18 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	544 000	538 000	190 000	304 000
Total Tangible Assets	544 000	538 000	190 000	304 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	562 000	538 000	190 000	304 000
Stock	17 157 000	5 780 000	11 415 000	12 392 000
Total Investments	0	0	0	0
Cash, Bank	2 736 000	7 881 000	1 071 000	1 997 000
Total Current Assets	22 054 000	16 359 000	13 731 000	17 006 000
Total Assets	22 616 000	16 897 000	13 922 000	17 310 000
Total Equity	7 647 000	5 386 000	4 498 000	4 501 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 713 000	4 396 000	4 215 000	7 901 000
Creditors	344 000	579 000	586 000	262 000
Unpaid Taxes	2 242 000	420 000	347 000	340 000
Dividends	0	0	0	784 000
Other Current Debt	4 986 000	5 868 000	4 209 000	3 994 000
Total Current Debt	8 255 000	7 115 000	5 208 000	4 907 000
Total Equity and Debt	22 616 000	16 897 000	13 922 000	17 310 000

Financial indicators	2021	2020	2019	2018
Return on Equity	29,57 %	16,47 %	−0,07 %	−1,98 %
Debt-to-Equity Ratio	0,88	0,82	0,94	1,76
Operating Profit Margin	10,22 %	4,26 %	0,83 %	0,65 %
Current Ratio	2,67	2,3	2,64	3,47
Quick Ratio	−2,48	12,25	−2,21	−2,27
Equity Ratio	0,34	0,32	0,32	0,26
Gross Profit Margin	22,04 %	17,4 %	14,23 %	17,85 %