JØRGEN KARSTENSEN AS

1655 SELLEBAKK

Finances

Return on Equity

−6,2 %

Current Ratio

4,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 775 000	75 476 000	69 028 000	79 045 000
Net Income	−751 000	−1 206 000	−386 000	2 695 000
Total Assets	15 008 000	29 239 000	27 087 000	31 548 000
Total Equity	12 118 000	12 869 000	15 070 000	15 456 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 775 000	75 476 000	69 028 000	79 045 000
Expenditure	55 507 000	76 855 000	69 315 000	75 366 000
Operating Profit	−732 000	−1 379 000	−287 000	3 679 000
Financial Income	0	0	0	1 000
Financial Costs	230 000	163 000	202 000	220 000
Financial Balance	−230 000	−163 000	−202 000	−219 000
Earnings Before Tax	−962 000	−1 542 000	−489 000	3 460 000
Tax	−211 000	−336 000	−102 000	765 000
Net Income	−751 000	−1 206 000	−386 000	2 695 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 166 000	13 112 000	12 929 000	13 417 000
Total Current Assets	11 842 000	16 127 000	14 157 000	18 130 000
Total Assets	15 008 000	29 239 000	27 087 000	31 548 000
Total Retained Equity	10 118 000	10 869 000	13 070 000	13 456 000
Total Equity	12 118 000	12 869 000	15 070 000	15 456 000
Total Long-Term Debt	0	4 572 000	4 568 000	5 500 000
Total Current Debt	2 890 000	11 798 000	7 449 000	10 591 000
Total Equity and Debt	15 008 000	29 239 000	27 087 000	31 548 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 576 000	75 238 000	68 756 000	78 961 000
Other Income	9 199 000	237 000	272 000	84 000
Revenue	54 775 000	75 476 000	69 028 000	79 045 000
Cost of Goods Sold	32 409 000	39 517 000	35 111 000	43 633 000
Salary Costs	9 536 000	18 837 000	18 392 000	15 911 000
Depreciation	1 174 000	2 921 000	3 108 000	3 281 000
Impairment	0	0	0	0
Expenditure	55 507 000	76 855 000	69 315 000	75 366 000
Operating Profit	−732 000	−1 379 000	−287 000	3 679 000
Financial Income	0	0	0	1 000
Financial Costs	230 000	163 000	202 000	220 000
Financial Balance	−230 000	−163 000	−202 000	−219 000
Dividends	0	0	0	0
Net Income	−751 000	−1 206 000	−386 000	2 695 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 348 000	7 892 000	8 997 000	9 224 000
Fixtures	298 000	5 039 000	3 689 000	4 053 000
Total Tangible Assets	2 645 000	12 931 000	12 686 000	13 277 000
Total Fiancial Fixed Assets	518 000	181 000	244 000	140 000
Total Fixed Assets	3 166 000	13 112 000	12 929 000	13 417 000
Stock	1 292 000	288 000	400 000	300 000
Total Investments	0	0	0	0
Cash, Bank	2 493 000	2 734 000	3 234 000	2 579 000
Total Current Assets	11 842 000	16 127 000	14 157 000	18 130 000
Total Assets	15 008 000	29 239 000	27 087 000	31 548 000
Total Equity	12 118 000	12 869 000	15 070 000	15 456 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 572 000	4 568 000	5 500 000
Creditors	1 805 000	5 154 000	3 358 000	5 758 000
Unpaid Taxes	482 000	3 563 000	2 465 000	2 359 000
Dividends	0	0	0	0
Other Current Debt	603 000	1 599 000	1 626 000	1 435 000
Total Current Debt	2 890 000	11 798 000	7 449 000	10 591 000
Total Equity and Debt	15 008 000	29 239 000	27 087 000	31 548 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,2 %	−9,37 %	−2,56 %	17,44 %
Debt-to-Equity Ratio	0	0,36	0,3	0,36
Operating Profit Margin	−1,34 %	−1,83 %	−0,42 %	4,65 %
Current Ratio	4,1	1,37	1,9	1,71
Quick Ratio	7,41	1,4	2,01	1,76
Equity Ratio	0,81	0,44	0,56	0,49
Gross Profit Margin	40,83 %	47,64 %	49,14 %	44,8 %