KÅRE CHRISTENSEN AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

49,35 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 498 000	58 527 000	56 405 000	56 191 000
Net Income	3 696 000	2 079 000	3 336 000	3 868 000
Total Assets	26 742 000	21 801 000	20 769 000	28 375 000
Total Equity	7 490 000	7 825 000	6 313 000	6 148 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 498 000	58 527 000	56 405 000	56 191 000
Expenditure	61 726 000	55 775 000	52 957 000	51 152 000
Operating Profit	4 772 000	2 752 000	3 449 000	5 040 000
Financial Income	87 000	15 000	691 000	119 000
Financial Costs	118 000	98 000	53 000	199 000
Financial Balance	−31 000	−83 000	638 000	−80 000
Earnings Before Tax	4 741 000	2 669 000	4 087 000	4 960 000
Tax	1 045 000	590 000	751 000	1 092 000
Net Income	3 696 000	2 079 000	3 336 000	3 868 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 392 000	3 903 000	3 168 000	4 788 000
Total Current Assets	22 350 000	17 898 000	17 601 000	23 586 000
Total Assets	26 742 000	21 801 000	20 769 000	28 375 000
Total Retained Equity	2 601 000	2 936 000	1 424 000	1 048 000
Total Equity	7 490 000	7 825 000	6 313 000	6 148 000
Total Long-Term Debt	2 309 000	2 633 000	1 672 000	1 825 000
Total Current Debt	16 943 000	11 343 000	12 784 000	20 402 000
Total Equity and Debt	26 742 000	21 801 000	20 769 000	28 375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 637 000	58 392 000	56 259 000	56 001 000
Other Income	1 861 000	135 000	146 000	190 000
Revenue	66 498 000	58 527 000	56 405 000	56 191 000
Cost of Goods Sold	23 439 000	19 470 000	18 676 000	19 601 000
Salary Costs	28 641 000	26 362 000	24 927 000	23 187 000
Depreciation	1 604 000	1 425 000	939 000	1 144 000
Impairment	0	0	0	0
Expenditure	61 726 000	55 775 000	52 957 000	51 152 000
Operating Profit	4 772 000	2 752 000	3 449 000	5 040 000
Financial Income	87 000	15 000	691 000	119 000
Financial Costs	118 000	98 000	53 000	199 000
Financial Balance	−31 000	−83 000	638 000	−80 000
Dividends	0	0	0	0
Net Income	3 696 000	2 079 000	3 336 000	3 868 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	240 000	148 000	211 000	286 000
Real Eastate	0	0	0	1 400 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 152 000	3 755 000	2 957 000	3 002 000
Total Tangible Assets	4 152 000	3 755 000	2 957 000	4 402 000
Total Fiancial Fixed Assets	0	0	0	100 000
Total Fixed Assets	4 392 000	3 903 000	3 168 000	4 788 000
Stock	6 339 000	5 046 000	5 511 000	5 894 000
Total Investments	0	0	0	0
Cash, Bank	877 000	913 000	4 197 000	2 976 000
Total Current Assets	22 350 000	17 898 000	17 601 000	23 586 000
Total Assets	26 742 000	21 801 000	20 769 000	28 375 000
Total Equity	7 490 000	7 825 000	6 313 000	6 148 000
Short-Term Group Debt	5 175 000	725 000	3 074 000	10 008 000
Total Long-Term Debt	2 309 000	2 633 000	1 672 000	1 825 000
Creditors	2 385 000	969 000	1 675 000	1 545 000
Unpaid Taxes	3 479 000	3 082 000	2 783 000	3 786 000
Dividends	0	0	0	0
Other Current Debt	5 904 000	6 200 000	5 253 000	5 063 000
Total Current Debt	16 943 000	11 343 000	12 784 000	20 402 000
Total Equity and Debt	26 742 000	21 801 000	20 769 000	28 375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,35 %	26,57 %	52,84 %	62,91 %
Debt-to-Equity Ratio	0,31	0,34	0,26	0,3
Operating Profit Margin	7,18 %	4,7 %	6,11 %	8,97 %
Current Ratio	1,32	1,58	1,38	1,16
Quick Ratio	2,11	2,84	2,42	1,63
Equity Ratio	0,28	0,36	0,3	0,22
Gross Profit Margin	64,75 %	66,73 %	66,89 %	65,12 %