KARMØY RØRTEKNIKK AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

18,32 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 458 000	37 814 000	38 913 000	26 657 000
Net Income	966 000	2 379 000	2 254 000	−97 000
Total Assets	18 406 000	16 161 000	15 509 000	12 737 000
Total Equity	5 272 000	4 306 000	8 927 000	6 672 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 458 000	37 814 000	38 913 000	26 657 000
Expenditure	57 182 000	34 738 000	35 998 000	26 770 000
Operating Profit	1 276 000	3 076 000	2 914 000	−113 000
Financial Income	6 000	4 000	4 000	1 000
Financial Costs	7 000	5 000	7 000	6 000
Financial Balance	−1 000	−1 000	−3 000	−5 000
Earnings Before Tax	1 275 000	3 075 000	2 911 000	−117 000
Tax	308 000	696 000	656 000	−20 000
Net Income	966 000	2 379 000	2 254 000	−97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 040 000	199 000	261 000	497 000
Total Current Assets	17 366 000	15 962 000	15 248 000	12 241 000
Total Assets	18 406 000	16 161 000	15 509 000	12 737 000
Total Retained Equity	5 072 000	4 106 000	8 727 000	6 472 000
Total Equity	5 272 000	4 306 000	8 927 000	6 672 000
Total Long-Term Debt	249 000	0	0	0
Total Current Debt	12 885 000	11 856 000	6 582 000	6 065 000
Total Equity and Debt	18 406 000	16 161 000	15 509 000	12 737 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 458 000	37 698 000	38 913 000	26 657 000
Other Income	0	116 000	0	0
Revenue	58 458 000	37 814 000	38 913 000	26 657 000
Cost of Goods Sold	39 473 000	20 794 000	21 761 000	16 218 000
Salary Costs	13 574 000	10 135 000	10 711 000	7 994 000
Depreciation	90 000	86 000	89 000	111 000
Impairment	0	0	0	0
Expenditure	57 182 000	34 738 000	35 998 000	26 770 000
Operating Profit	1 276 000	3 076 000	2 914 000	−113 000
Financial Income	6 000	4 000	4 000	1 000
Financial Costs	7 000	5 000	7 000	6 000
Financial Balance	−1 000	−1 000	−3 000	−5 000
Dividends	0	0	0	0
Net Income	966 000	2 379 000	2 254 000	−97 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	108 000	28 000	46 000	327 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	932 000	171 000	216 000	169 000
Total Tangible Assets	932 000	171 000	216 000	169 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 040 000	199 000	261 000	497 000
Stock	400 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 755 000	1 572 000	7 182 000	1 504 000
Total Current Assets	17 366 000	15 962 000	15 248 000	12 241 000
Total Assets	18 406 000	16 161 000	15 509 000	12 737 000
Total Equity	5 272 000	4 306 000	8 927 000	6 672 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	249 000	0	0	0
Creditors	9 487 000	4 434 000	3 188 000	4 269 000
Unpaid Taxes	1 493 000	2 562 000	1 494 000	535 000
Dividends	0	0	0	0
Other Current Debt	1 516 000	4 182 000	1 525 000	1 261 000
Total Current Debt	12 885 000	11 856 000	6 582 000	6 065 000
Total Equity and Debt	18 406 000	16 161 000	15 509 000	12 737 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,32 %	55,25 %	25,25 %	−1,45 %
Debt-to-Equity Ratio	0,05	0	0	0
Operating Profit Margin	2,18 %	8,13 %	7,49 %	−0,42 %
Current Ratio	1,35	1,35	2,32	2,02
Quick Ratio	1,39	1,35	2,32	2,02
Equity Ratio	0,29	0,27	0,58	0,52
Gross Profit Margin	32,48 %	45,01 %	44,08 %	39,16 %