KARI SORTLAND AS

0258 OSLO

Finances

Share Ownership

Return on Equity

9,52 %

Current Ratio

12,99

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	833 000	1 126 000	806 000	760 000
Net Income	188 000	421 000	272 000	240 000
Total Assets	3 910 000	4 293 000	4 165 000	4 130 000
Total Equity	1 975 000	1 787 000	1 366 000	1 366 000

Income (NOK)	2022	2021	2020	2019
Revenue	833 000	1 126 000	806 000	760 000
Expenditure	561 000	559 000	420 000	412 000
Operating Profit	273 000	567 000	386 000	348 000
Financial Income	46 000	50 000	58 000	81 000
Financial Costs	77 000	76 000	94 000	120 000
Financial Balance	−31 000	−26 000	−36 000	−39 000
Earnings Before Tax	242 000	541 000	349 000	308 000
Tax	54 000	120 000	78 000	68 000
Net Income	188 000	421 000	272 000	240 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 975 000	3 229 000	3 382 000	3 624 000
Total Current Assets	935 000	1 064 000	782 000	505 000
Total Assets	3 910 000	4 293 000	4 165 000	4 130 000
Total Retained Equity	850 000	662 000	241 000	240 000
Total Equity	1 975 000	1 787 000	1 366 000	1 366 000
Total Long-Term Debt	1 760 000	2 130 000	2 369 000	2 499 000
Total Current Debt	72 000	375 000	429 000	159 000
Total Equity and Debt	3 910 000	4 293 000	4 165 000	4 130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	833 000	1 126 000	793 000	760 000
Other Income	0	0	13 000	0
Revenue	833 000	1 126 000	806 000	760 000
Cost of Goods Sold	243 000	162 000	0	4 000
Salary Costs	0	13 000	42 000	167 000
Depreciation	120 000	107 000	88 000	87 000
Impairment	0	0	0	0
Expenditure	561 000	559 000	420 000	412 000
Operating Profit	273 000	567 000	386 000	348 000
Financial Income	46 000	50 000	58 000	81 000
Financial Costs	77 000	76 000	94 000	120 000
Financial Balance	−31 000	−26 000	−36 000	−39 000
Dividends	0	0	0	0
Net Income	188 000	421 000	272 000	240 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 213 000	2 323 000	1 961 000	2 048 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	36 000	22 000	0
Total Tangible Assets	2 240 000	2 359 000	1 983 000	2 048 000
Total Fiancial Fixed Assets	735 000	870 000	1 399 000	1 577 000
Total Fixed Assets	2 975 000	3 229 000	3 382 000	3 624 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	931 000	917 000	689 000	391 000
Total Current Assets	935 000	1 064 000	782 000	505 000
Total Assets	3 910 000	4 293 000	4 165 000	4 130 000
Total Equity	1 975 000	1 787 000	1 366 000	1 366 000
Short-Term Group Debt	0	0	348 000	0
Total Long-Term Debt	1 760 000	2 130 000	2 369 000	2 499 000
Creditors	0	26 000	30 000	30 000
Unpaid Taxes	7 000	222 000	44 000	44 000
Dividends	0	0	0	0
Other Current Debt	7 000	7 000	7 000	19 000
Total Current Debt	72 000	375 000	429 000	159 000
Total Equity and Debt	3 910 000	4 293 000	4 165 000	4 130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,52 %	23,56 %	19,91 %	17,57 %
Debt-to-Equity Ratio	0,89	1,19	1,73	1,83
Operating Profit Margin	32,77 %	50,36 %	47,89 %	45,79 %
Current Ratio	12,99	2,84	1,82	3,18
Quick Ratio	12,99	2,84	1,82	3,18
Equity Ratio	0,51	0,42	0,33	0,33
Gross Profit Margin	70,83 %	85,61 %	100 %	99,47 %