KJELSUND AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

−11,36 %

Current Ratio

1,15

Debt-to-Equity Ratio

−2,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	492 000	586 000	326 000	665 000
Net Income	121 000	213 000	−20 000	143 000
Total Assets	1 837 000	1 983 000	1 914 000	2 038 000
Total Equity	−1 065 000	−1 186 000	−1 399 000	−1 379 000

Income (NOK)	2022	2021	2020	2019
Revenue	492 000	586 000	326 000	665 000
Expenditure	238 000	266 000	286 000	384 000
Operating Profit	254 000	320 000	40 000	281 000
Financial Income	0	0	0	0
Financial Costs	99 000	47 000	66 000	97 000
Financial Balance	−99 000	−47 000	−66 000	−97 000
Earnings Before Tax	156 000	273 000	−25 000	184 000
Tax	34 000	60 000	−6 000	41 000
Net Income	121 000	213 000	−20 000	143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 669 000	1 753 000	1 752 000	1 827 000
Total Current Assets	167 000	231 000	162 000	210 000
Total Assets	1 837 000	1 983 000	1 914 000	2 038 000
Total Retained Equity	−3 565 000	−3 686 000	−3 899 000	−3 879 000
Total Equity	−1 065 000	−1 186 000	−1 399 000	−1 379 000
Total Long-Term Debt	2 757 000	2 910 000	3 269 000	3 264 000
Total Current Debt	145 000	260 000	44 000	153 000
Total Equity and Debt	1 837 000	1 983 000	1 914 000	2 038 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 000	54 000	0	0
Other Income	432 000	532 000	326 000	665 000
Revenue	492 000	586 000	326 000	665 000
Cost of Goods Sold	85 000	69 000	58 000	58 000
Salary Costs	0	0	0	0
Depreciation	83 000	76 000	76 000	76 000
Impairment	0	0	0	0
Expenditure	238 000	266 000	286 000	384 000
Operating Profit	254 000	320 000	40 000	281 000
Financial Income	0	0	0	0
Financial Costs	99 000	47 000	66 000	97 000
Financial Balance	−99 000	−47 000	−66 000	−97 000
Dividends	0	0	0	0
Net Income	121 000	213 000	−20 000	143 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 669 000	1 753 000	1 752 000	1 827 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 669 000	1 753 000	1 752 000	1 827 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 669 000	1 753 000	1 752 000	1 827 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	78 000	83 000	55 000	110 000
Total Current Assets	167 000	231 000	162 000	210 000
Total Assets	1 837 000	1 983 000	1 914 000	2 038 000
Total Equity	−1 065 000	−1 186 000	−1 399 000	−1 379 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 757 000	2 910 000	3 269 000	3 264 000
Creditors	18 000	63 000	0	−11 000
Unpaid Taxes	66 000	111 000	16 000	70 000
Dividends	0	0	0	0
Other Current Debt	15 000	9 000	15 000	33 000
Total Current Debt	145 000	260 000	44 000	153 000
Total Equity and Debt	1 837 000	1 983 000	1 914 000	2 038 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,36 %	−17,96 %	1,43 %	−10,37 %
Debt-to-Equity Ratio	−2,59	−2,45	−2,34	−2,37
Operating Profit Margin	51,63 %	54,61 %	12,27 %	42,26 %
Current Ratio	1,15	0,89	3,68	1,37
Quick Ratio	1,15	0,89	3,68	1,37
Equity Ratio	−0,58	−0,6	−0,73	−0,68
Gross Profit Margin	82,72 %	88,23 %	82,21 %	91,28 %