KJETIL MIKALSEN AS

9475 BORKENES

Finances

Share Ownership

Return on Equity

44,89 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	97 894 000	99 373 000	97 266 000	84 292 000
Net Income	791 000	938 000	1 277 000	639 000
Total Assets	11 742 000	11 944 000	12 998 000	11 356 000
Total Equity	1 762 000	2 016 000	4 378 000	3 801 000

Income (NOK)	2022	2021	2020	2019
Revenue	97 894 000	99 373 000	97 266 000	84 292 000
Expenditure	96 861 000	98 191 000	95 662 000	83 534 000
Operating Profit	1 033 000	1 183 000	1 604 000	757 000
Financial Income	61 000	21 000	37 000	68 000
Financial Costs	0	0	0	1 000
Financial Balance	61 000	21 000	37 000	67 000
Earnings Before Tax	1 094 000	1 204 000	1 641 000	824 000
Tax	303 000	266 000	364 000	185 000
Net Income	791 000	938 000	1 277 000	639 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	734 000	588 000	533 000	870 000
Total Current Assets	11 008 000	11 356 000	12 465 000	10 487 000
Total Assets	11 742 000	11 944 000	12 998 000	11 356 000
Total Retained Equity	1 262 000	1 516 000	3 878 000	3 301 000
Total Equity	1 762 000	2 016 000	4 378 000	3 801 000
Total Long-Term Debt	0	0	0	2 000
Total Current Debt	9 980 000	9 927 000	8 620 000	7 553 000
Total Equity and Debt	11 742 000	11 944 000	12 998 000	11 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 305 000	98 086 000	96 088 000	82 614 000
Other Income	1 589 000	1 288 000	1 177 000	1 678 000
Revenue	97 894 000	99 373 000	97 266 000	84 292 000
Cost of Goods Sold	82 007 000	83 157 000	81 416 000	70 436 000
Salary Costs	5 735 000	5 615 000	5 494 000	5 117 000
Depreciation	251 000	313 000	368 000	407 000
Impairment	0	0	0	0
Expenditure	96 861 000	98 191 000	95 662 000	83 534 000
Operating Profit	1 033 000	1 183 000	1 604 000	757 000
Financial Income	61 000	21 000	37 000	68 000
Financial Costs	0	0	0	1 000
Financial Balance	61 000	21 000	37 000	67 000
Dividends	1 045 000	1 300 000	200 000	100 000
Net Income	791 000	938 000	1 277 000	639 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	59 000	41 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	734 000	529 000	492 000	860 000
Total Tangible Assets	734 000	529 000	492 000	860 000
Total Fiancial Fixed Assets	0	0	0	10 000
Total Fixed Assets	734 000	588 000	533 000	870 000
Stock	4 957 000	4 861 000	4 723 000	4 592 000
Total Investments	0	0	0	0
Cash, Bank	4 882 000	5 108 000	6 484 000	5 056 000
Total Current Assets	11 008 000	11 356 000	12 465 000	10 487 000
Total Assets	11 742 000	11 944 000	12 998 000	11 356 000
Total Equity	1 762 000	2 016 000	4 378 000	3 801 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 000
Creditors	6 670 000	6 330 000	6 114 000	5 189 000
Unpaid Taxes	521 000	511 000	454 000	530 000
Dividends	1 045 000	1 300 000	200 000	100 000
Other Current Debt	1 500 000	1 503 000	1 444 000	1 504 000
Total Current Debt	9 980 000	9 927 000	8 620 000	7 553 000
Total Equity and Debt	11 742 000	11 944 000	12 998 000	11 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,89 %	46,53 %	29,17 %	16,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,06 %	1,19 %	1,65 %	0,9 %
Current Ratio	1,1	1,14	1,45	1,39
Quick Ratio	2,19	2,24	3,2	3,54
Equity Ratio	0,15	0,17	0,34	0,33
Gross Profit Margin	16,23 %	16,32 %	16,3 %	16,44 %