KARMØY INSHORE SERVISE AS

1820 SPYDEBERG

Finances

Return on Equity

−11,12 %

Current Ratio

140,25

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	139 000	6 986 000	0
Net Income	−442 000	−434 000	2 224 000	−3 496 000
Total Assets	5 565 000	6 251 000	7 047 000	8 076 000
Total Equity	3 976 000	4 418 000	4 852 000	2 628 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	139 000	6 986 000	0
Expenditure	488 000	627 000	4 034 000	4 286 000
Operating Profit	−488 000	−488 000	2 951 000	−4 286 000
Financial Income	0	0	4 000	4 000
Financial Costs	79 000	69 000	104 000	200 000
Financial Balance	−79 000	−69 000	−100 000	−196 000
Earnings Before Tax	−567 000	−557 000	2 851 000	−4 482 000
Tax	−125 000	−122 000	627 000	−986 000
Net Income	−442 000	−434 000	2 224 000	−3 496 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 321 000	3 536 000	3 814 000	7 592 000
Total Current Assets	2 244 000	2 715 000	3 233 000	483 000
Total Assets	5 565 000	6 251 000	7 047 000	8 076 000
Total Retained Equity	3 826 000	4 268 000	4 702 000	2 478 000
Total Equity	3 976 000	4 418 000	4 852 000	2 628 000
Total Long-Term Debt	1 573 000	1 819 000	2 172 000	4 797 000
Total Current Debt	16 000	14 000	22 000	650 000
Total Equity and Debt	5 565 000	6 251 000	7 047 000	8 076 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	139 000	6 961 000	0
Other Income	0	0	25 000	0
Revenue	0	139 000	6 986 000	0
Cost of Goods Sold	0	0	543 000	0
Salary Costs	0	0	0	0
Depreciation	244 000	278 000	289 000	682 000
Impairment	0	0	0	0
Expenditure	488 000	627 000	4 034 000	4 286 000
Operating Profit	−488 000	−488 000	2 951 000	−4 286 000
Financial Income	0	0	4 000	4 000
Financial Costs	79 000	69 000	104 000	200 000
Financial Balance	−79 000	−69 000	−100 000	−196 000
Dividends	0	0	0	0
Net Income	−442 000	−434 000	2 224 000	−3 496 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	0	0	409 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	93 000	125 000	156 000	0
Total Tangible Assets	1 394 000	1 638 000	1 916 000	5 147 000
Total Fiancial Fixed Assets	1 897 000	1 897 000	1 897 000	2 036 000
Total Fixed Assets	3 321 000	3 536 000	3 814 000	7 592 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	51 000	42 000	74 000
Total Current Assets	2 244 000	2 715 000	3 233 000	483 000
Total Assets	5 565 000	6 251 000	7 047 000	8 076 000
Total Equity	3 976 000	4 418 000	4 852 000	2 628 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 573 000	1 819 000	2 172 000	4 797 000
Creditors	8 000	8 000	6 000	426 000
Unpaid Taxes	0	0	10 000	−60 000
Dividends	0	0	0	0
Other Current Debt	8 000	6 000	6 000	284 000
Total Current Debt	16 000	14 000	22 000	650 000
Total Equity and Debt	5 565 000	6 251 000	7 047 000	8 076 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,12 %	−9,82 %	45,84 %	−133,03 %
Debt-to-Equity Ratio	0,4	0,41	0,45	1,83
Operating Profit Margin	-	−351,08 %	42,24 %	-
Current Ratio	140,25	193,93	146,95	0,74
Quick Ratio	140,25	193,93	146,95	0,74
Equity Ratio	0,71	0,71	0,69	0,33
Gross Profit Margin	-	100 %	92,23 %	-