KARMØY EIENDOMSUTVIKLING AS

4264 KVALAVÅG

Finances

Share Ownership

Return on Equity

−77,14 %

Current Ratio

1,64

Debt-to-Equity Ratio

−8,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 256 000	3 111 000	1 158 000	1 043 000
Net Income	1 002 000	904 000	−3 000	−66 000
Total Assets	10 003 000	11 086 000	11 232 000	11 241 000
Total Equity	−1 299 000	−2 300 000	−3 204 000	−4 001 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 256 000	3 111 000	1 158 000	1 043 000
Expenditure	1 496 000	1 443 000	418 000	440 000
Operating Profit	1 761 000	1 669 000	741 000	603 000
Financial Income	0	0	0	280 000
Financial Costs	477 000	509 000	745 000	967 000
Financial Balance	−477 000	−509 000	−745 000	−687 000
Earnings Before Tax	1 284 000	1 160 000	−4 000	−84 000
Tax	282 000	255 000	−1 000	−19 000
Net Income	1 002 000	904 000	−3 000	−66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 485 000	10 046 000	10 539 000	10 809 000
Total Current Assets	518 000	1 040 000	693 000	432 000
Total Assets	10 003 000	11 086 000	11 232 000	11 241 000
Total Retained Equity	−2 199 000	−3 200 000	−4 104 000	−4 101 000
Total Equity	−1 299 000	−2 300 000	−3 204 000	−4 001 000
Total Long-Term Debt	10 987 000	11 826 000	14 078 000	14 878 000
Total Current Debt	315 000	1 560 000	358 000	365 000
Total Equity and Debt	10 003 000	11 086 000	11 232 000	11 241 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 022 000	1 874 000	0	0
Other Income	1 234 000	1 237 000	1 158 000	1 043 000
Revenue	3 256 000	3 111 000	1 158 000	1 043 000
Cost of Goods Sold	945 000	932 000	0	0
Salary Costs	0	0	0	0
Depreciation	278 000	277 000	271 000	271 000
Impairment	0	0	0	0
Expenditure	1 496 000	1 443 000	418 000	440 000
Operating Profit	1 761 000	1 669 000	741 000	603 000
Financial Income	0	0	0	280 000
Financial Costs	477 000	509 000	745 000	967 000
Financial Balance	−477 000	−509 000	−745 000	−687 000
Dividends	0	0	0	0
Net Income	1 002 000	904 000	−3 000	−66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	521 000	804 000	1 059 000	1 058 000
Real Eastate	8 756 000	8 809 000	8 861 000	8 914 000
Machinery and Plant Facilities	183 000	401 000	619 000	837 000
Fixtures	25 000	33 000	0	0
Total Tangible Assets	8 964 000	9 242 000	9 480 000	9 751 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 485 000	10 046 000	10 539 000	10 809 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	150 000	259 000	454 000	367 000
Total Current Assets	518 000	1 040 000	693 000	432 000
Total Assets	10 003 000	11 086 000	11 232 000	11 241 000
Total Equity	−1 299 000	−2 300 000	−3 204 000	−4 001 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 987 000	11 826 000	14 078 000	14 878 000
Creditors	211 000	366 000	213 000	222 000
Unpaid Taxes	78 000	101 000	58 000	44 000
Dividends	0	0	0	0
Other Current Debt	26 000	1 093 000	88 000	99 000
Total Current Debt	315 000	1 560 000	358 000	365 000
Total Equity and Debt	10 003 000	11 086 000	11 232 000	11 241 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−77,14 %	−39,3 %	0,09 %	1,65 %
Debt-to-Equity Ratio	−8,46	−5,14	−4,39	−3,72
Operating Profit Margin	54,08 %	53,65 %	63,99 %	57,81 %
Current Ratio	1,64	0,67	1,94	1,18
Quick Ratio	1,64	0,67	1,94	1,18
Equity Ratio	−0,13	−0,21	−0,29	−0,36
Gross Profit Margin	70,98 %	70,04 %	100 %	100 %