KINSARVIK BLOMAR AS

5782 KINSARVIK

Finances

Share Ownership

Return on Equity

11,69 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 515 000	4 435 000	4 314 000	3 665 000
Net Income	18 000	11 000	17 000	27 000
Total Assets	967 000	901 000	907 000	723 000
Total Equity	154 000	135 000	124 000	107 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 515 000	4 435 000	4 314 000	3 665 000
Expenditure	4 485 000	4 417 000	4 289 000	3 625 000
Operating Profit	30 000	19 000	25 000	40 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	6 000	4 000	4 000	5 000
Financial Balance	−5 000	−3 000	−3 000	−5 000
Earnings Before Tax	24 000	16 000	22 000	36 000
Tax	6 000	5 000	5 000	8 000
Net Income	18 000	11 000	17 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	86 000	106 000	118 000	46 000
Total Current Assets	881 000	795 000	790 000	677 000
Total Assets	967 000	901 000	907 000	723 000
Total Retained Equity	54 000	35 000	24 000	7 000
Total Equity	154 000	135 000	124 000	107 000
Total Long-Term Debt	0	1 000	1 000	0
Total Current Debt	813 000	765 000	782 000	616 000
Total Equity and Debt	967 000	901 000	907 000	723 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 515 000	4 349 000	4 314 000	3 665 000
Other Income	0	86 000	0	0
Revenue	4 515 000	4 435 000	4 314 000	3 665 000
Cost of Goods Sold	2 515 000	2 744 000	2 524 000	2 043 000
Salary Costs	1 360 000	1 195 000	1 336 000	1 263 000
Depreciation	11 000	12 000	11 000	0
Impairment	0	0	0	0
Expenditure	4 485 000	4 417 000	4 289 000	3 625 000
Operating Profit	30 000	19 000	25 000	40 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	6 000	4 000	4 000	5 000
Financial Balance	−5 000	−3 000	−3 000	−5 000
Dividends	0	0	0	0
Net Income	18 000	11 000	17 000	27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	43 000	54 000	69 000	29 000
Total Tangible Assets	43 000	54 000	69 000	29 000
Total Fiancial Fixed Assets	43 000	53 000	49 000	17 000
Total Fixed Assets	86 000	106 000	118 000	46 000
Stock	361 000	276 000	223 000	136 000
Total Investments	0	0	0	0
Cash, Bank	405 000	360 000	344 000	286 000
Total Current Assets	881 000	795 000	790 000	677 000
Total Assets	967 000	901 000	907 000	723 000
Total Equity	154 000	135 000	124 000	107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	1 000	0
Creditors	258 000	327 000	268 000	223 000
Unpaid Taxes	183 000	247 000	143 000	164 000
Dividends	0	0	0	0
Other Current Debt	366 000	187 000	366 000	225 000
Total Current Debt	813 000	765 000	782 000	616 000
Total Equity and Debt	967 000	901 000	907 000	723 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,69 %	8,15 %	13,71 %	25,23 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	0,66 %	0,43 %	0,58 %	1,09 %
Current Ratio	1,08	1,04	1,01	1,1
Quick Ratio	1,95	1,63	1,41	1,41
Equity Ratio	0,16	0,15	0,14	0,15
Gross Profit Margin	44,3 %	38,13 %	41,49 %	44,26 %