KAARE MORTENSEN BUSKERUD AS

3057 SOLBERGELVA

Finances

Share Ownership

Return on Equity

30,78 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	173 107 000	158 594 000	148 539 000	153 281 000
Net Income	7 824 000	4 975 000	5 331 000	8 779 000
Total Assets	55 826 000	65 697 000	43 387 000	41 345 000
Total Equity	25 420 000	20 596 000	18 621 000	17 790 000

Income (NOK)	2022	2021	2020	2019
Revenue	173 107 000	158 594 000	148 539 000	153 281 000
Expenditure	163 258 000	152 200 000	141 678 000	141 835 000
Operating Profit	9 850 000	6 393 000	6 861 000	11 445 000
Financial Income	191 000	0	2 000	3 000
Financial Costs	7 000	15 000	29 000	193 000
Financial Balance	184 000	−15 000	−27 000	−190 000
Earnings Before Tax	10 034 000	6 378 000	6 834 000	11 255 000
Tax	2 210 000	1 403 000	1 504 000	2 476 000
Net Income	7 824 000	4 975 000	5 331 000	8 779 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 711 000	4 122 000	3 612 000	2 483 000
Total Current Assets	46 114 000	61 575 000	39 775 000	38 862 000
Total Assets	55 826 000	65 697 000	43 387 000	41 345 000
Total Retained Equity	22 720 000	17 896 000	15 921 000	15 090 000
Total Equity	25 420 000	20 596 000	18 621 000	17 790 000
Total Long-Term Debt	3 132 000	1 179 000	1 652 000	886 000
Total Current Debt	27 274 000	43 922 000	23 114 000	22 669 000
Total Equity and Debt	55 826 000	65 697 000	43 387 000	41 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	172 307 000	158 594 000	148 539 000	153 188 000
Other Income	800 000	0	0	93 000
Revenue	173 107 000	158 594 000	148 539 000	153 281 000
Cost of Goods Sold	107 245 000	99 565 000	90 562 000	92 962 000
Salary Costs	38 389 000	36 866 000	34 042 000	31 586 000
Depreciation	1 591 000	1 207 000	1 578 000	1 435 000
Impairment	0	0	0	0
Expenditure	163 258 000	152 200 000	141 678 000	141 835 000
Operating Profit	9 850 000	6 393 000	6 861 000	11 445 000
Financial Income	191 000	0	2 000	3 000
Financial Costs	7 000	15 000	29 000	193 000
Financial Balance	184 000	−15 000	−27 000	−190 000
Dividends	3 000 000	3 000 000	2 000 000	0
Net Income	7 824 000	4 975 000	5 331 000	8 779 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 084 000	1 263 000	0	422 000
Machinery and Plant Facilities	5 853 000	1 407 000	2 402 000	842 000
Fixtures	2 775 000	1 452 000	1 210 000	1 218 000
Total Tangible Assets	9 711 000	4 122 000	3 612 000	2 483 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 711 000	4 122 000	3 612 000	2 483 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 865 000	18 758 000	19 157 000	8 432 000
Total Current Assets	46 114 000	61 575 000	39 775 000	38 862 000
Total Assets	55 826 000	65 697 000	43 387 000	41 345 000
Total Equity	25 420 000	20 596 000	18 621 000	17 790 000
Short-Term Group Debt	0	2 000 000	0	0
Total Long-Term Debt	3 132 000	1 179 000	1 652 000	886 000
Creditors	12 474 000	21 274 000	12 663 000	13 263 000
Unpaid Taxes	2 738 000	4 521 000	3 264 000	3 614 000
Dividends	3 000 000	3 000 000	2 000 000	0
Other Current Debt	8 806 000	11 250 000	4 449 000	5 792 000
Total Current Debt	27 274 000	43 922 000	23 114 000	22 669 000
Total Equity and Debt	55 826 000	65 697 000	43 387 000	41 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,78 %	24,16 %	28,63 %	49,35 %
Debt-to-Equity Ratio	0,12	0,06	0,09	0,05
Operating Profit Margin	5,69 %	4,03 %	4,62 %	7,47 %
Current Ratio	1,69	1,4	1,72	1,71
Quick Ratio	1,69	1,4	1,72	1,71
Equity Ratio	0,46	0,31	0,43	0,43
Gross Profit Margin	38,05 %	37,22 %	39,03 %	39,35 %