NORSK KULDESERVICE AS

1814 ASKIM

Finances

Return on Equity

20,17 %

Current Ratio

2,36

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 560 000	6 906 000	4 567 000	3 581 000
Net Income	562 000	765 000	488 000	271 000
Total Assets	4 501 000	3 544 000	2 560 000	1 992 000
Total Equity	2 786 000	2 725 000	2 010 000	1 522 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 560 000	6 906 000	4 567 000	3 581 000
Expenditure	4 841 000	5 941 000	3 934 000	3 271 000
Operating Profit	719 000	965 000	634 000	341 000
Financial Income	10 000	12 000	7 000	7 000
Financial Costs	7 000	1 000	0	3 000
Financial Balance	3 000	11 000	7 000	4 000
Earnings Before Tax	722 000	976 000	640 000	346 000
Tax	161 000	212 000	152 000	75 000
Net Income	562 000	765 000	488 000	271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 205 000	627 000	517 000	537 000
Total Current Assets	3 297 000	2 916 000	2 043 000	1 455 000
Total Assets	4 501 000	3 544 000	2 560 000	1 992 000
Total Retained Equity	2 539 000	2 477 000	1 762 000	1 274 000
Total Equity	2 786 000	2 725 000	2 010 000	1 522 000
Total Long-Term Debt	315 000	0	0	0
Total Current Debt	1 400 000	819 000	550 000	470 000
Total Equity and Debt	4 501 000	3 544 000	2 560 000	1 992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 560 000	6 906 000	4 566 000	3 580 000
Other Income	0	0	1 000	1 000
Revenue	5 560 000	6 906 000	4 567 000	3 581 000
Cost of Goods Sold	1 677 000	3 320 000	1 033 000	1 015 000
Salary Costs	1 685 000	1 396 000	1 437 000	1 235 000
Depreciation	179 000	28 000	20 000	16 000
Impairment	0	0	0	0
Expenditure	4 841 000	5 941 000	3 934 000	3 271 000
Operating Profit	719 000	965 000	634 000	341 000
Financial Income	10 000	12 000	7 000	7 000
Financial Costs	7 000	1 000	0	3 000
Financial Balance	3 000	11 000	7 000	4 000
Dividends	500 000	49 000	0	0
Net Income	562 000	765 000	488 000	271 000

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	20 000	25 000	0	0
Fixtures	654 000	150 000	45 000	45 000
Total Tangible Assets	674 000	175 000	45 000	45 000
Total Fiancial Fixed Assets	531 000	452 000	472 000	492 000
Total Fixed Assets	1 205 000	627 000	517 000	537 000
Stock	158 000	92 000	95 000	84 000
Total Investments	0	0	0	0
Cash, Bank	2 553 000	1 908 000	1 614 000	549 000
Total Current Assets	3 297 000	2 916 000	2 043 000	1 455 000
Total Assets	4 501 000	3 544 000	2 560 000	1 992 000
Total Equity	2 786 000	2 725 000	2 010 000	1 522 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	315 000	0	0	0
Creditors	354 000	267 000	95 000	78 000
Unpaid Taxes	238 000	193 000	174 000	198 000
Dividends	500 000	49 000	0	0
Other Current Debt	147 000	98 000	129 000	119 000
Total Current Debt	1 400 000	819 000	550 000	470 000
Total Equity and Debt	4 501 000	3 544 000	2 560 000	1 992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,17 %	28,07 %	24,28 %	17,81 %
Debt-to-Equity Ratio	0,11	0	0	0
Operating Profit Margin	12,93 %	13,97 %	13,88 %	9,52 %
Current Ratio	2,36	3,56	3,71	3,1
Quick Ratio	2,65	4,01	4,49	3,77
Equity Ratio	0,62	0,77	0,79	0,76
Gross Profit Margin	69,84 %	51,93 %	77,38 %	71,66 %