KRISTIANSUND OG FREI RØRSERVICE AS

6524 FREI

Finances

Share Ownership

Return on Equity

27,82 %

Current Ratio

2,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 955 000	2 809 000	2 461 000	1 757 000
Net Income	234 000	−13 000	140 000	−26 000
Total Assets	1 535 000	1 344 000	1 281 000	748 000
Total Equity	841 000	707 000	720 000	581 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 955 000	2 809 000	2 461 000	1 757 000
Expenditure	2 653 000	2 825 000	2 282 000	1 792 000
Operating Profit	302 000	−17 000	180 000	−34 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	1 000	0	1 000
Financial Balance	−2 000	−1 000	0	0
Earnings Before Tax	300 000	−17 000	179 000	−34 000
Tax	66 000	−4 000	39 000	−7 000
Net Income	234 000	−13 000	140 000	−26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	90 000	126 000	57 000
Total Current Assets	1 504 000	1 253 000	1 155 000	691 000
Total Assets	1 535 000	1 344 000	1 281 000	748 000
Total Retained Equity	741 000	607 000	620 000	481 000
Total Equity	841 000	707 000	720 000	581 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	694 000	637 000	561 000	167 000
Total Equity and Debt	1 535 000	1 344 000	1 281 000	748 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 955 000	2 859 000	2 510 000	2 007 000
Other Income	0	−50 000	−50 000	−250 000
Revenue	2 955 000	2 809 000	2 461 000	1 757 000
Cost of Goods Sold	1 438 000	1 752 000	1 340 000	898 000
Salary Costs	831 000	739 000	483 000	520 000
Depreciation	40 000	40 000	27 000	8 000
Impairment	0	0	0	0
Expenditure	2 653 000	2 825 000	2 282 000	1 792 000
Operating Profit	302 000	−17 000	180 000	−34 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	1 000	0	1 000
Financial Balance	−2 000	−1 000	0	0
Dividends	100 000	0	0	0
Net Income	234 000	−13 000	140 000	−26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	37 000	32 000	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	8 000	16 000	24 000
Fixtures	14 000	46 000	78 000	0
Total Tangible Assets	14 000	54 000	94 000	24 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 000	90 000	126 000	57 000
Stock	160 000	158 000	181 000	109 000
Total Investments	0	0	0	0
Cash, Bank	192 000	156 000	156 000	148 000
Total Current Assets	1 504 000	1 253 000	1 155 000	691 000
Total Assets	1 535 000	1 344 000	1 281 000	748 000
Total Equity	841 000	707 000	720 000	581 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	244 000	314 000	304 000	82 000
Unpaid Taxes	295 000	213 000	155 000	50 000
Dividends	100 000	0	0	0
Other Current Debt	8 000	109 000	63 000	35 000
Total Current Debt	694 000	637 000	561 000	167 000
Total Equity and Debt	1 535 000	1 344 000	1 281 000	748 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,82 %	−1,84 %	19,44 %	−4,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,22 %	−0,61 %	7,31 %	−1,94 %
Current Ratio	2,17	1,97	2,06	4,14
Quick Ratio	2,82	2,62	3,04	11,91
Equity Ratio	0,55	0,53	0,56	0,78
Gross Profit Margin	51,34 %	37,63 %	45,55 %	48,89 %