KYST SERVICE AS

6006 ÅLESUND

Finances

Share Ownership

Return on Equity

73,65 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 881 000	845 000	587 000	1 552 000
Net Income	123 000	−148 000	2 000	117 000
Total Assets	355 000	221 000	170 000	227 000
Total Equity	167 000	45 000	193 000	191 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 881 000	845 000	587 000	1 552 000
Expenditure	1 720 000	1 032 000	580 000	1 398 000
Operating Profit	162 000	−187 000	8 000	153 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	5 000	3 000
Financial Balance	−3 000	−3 000	−5 000	−3 000
Earnings Before Tax	159 000	−190 000	3 000	150 000
Tax	37 000	−42 000	1 000	33 000
Net Income	123 000	−148 000	2 000	117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	41 000	10 000	71 000
Total Current Assets	310 000	180 000	161 000	156 000
Total Assets	355 000	221 000	170 000	227 000
Total Retained Equity	67 000	−55 000	93 000	91 000
Total Equity	167 000	45 000	193 000	191 000
Total Long-Term Debt	0	0	4 000	7 000
Total Current Debt	188 000	176 000	−26 000	29 000
Total Equity and Debt	355 000	221 000	170 000	227 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 881 000	845 000	587 000	1 552 000
Other Income	0	0	0	0
Revenue	1 881 000	845 000	587 000	1 552 000
Cost of Goods Sold	607 000	396 000	337 000	555 000
Salary Costs	717 000	277 000	43 000	476 000
Depreciation	4 000	7 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	1 720 000	1 032 000	580 000	1 398 000
Operating Profit	162 000	−187 000	8 000	153 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	5 000	3 000
Financial Balance	−3 000	−3 000	−5 000	−3 000
Dividends	0	0	0	0
Net Income	123 000	−148 000	2 000	117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	38 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	44 000	0	0	0
Fixtures	0	3 000	10 000	21 000
Total Tangible Assets	44 000	3 000	10 000	21 000
Total Fiancial Fixed Assets	0	0	0	50 000
Total Fixed Assets	45 000	41 000	10 000	71 000
Stock	16 000	5 000	80 000	80 000
Total Investments	0	0	0	0
Cash, Bank	179 000	100 000	14 000	11 000
Total Current Assets	310 000	180 000	161 000	156 000
Total Assets	355 000	221 000	170 000	227 000
Total Equity	167 000	45 000	193 000	191 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	4 000	7 000
Creditors	40 000	63 000	33 000	39 000
Unpaid Taxes	53 000	30 000	5 000	47 000
Dividends	0	0	0	0
Other Current Debt	95 000	83 000	−68 000	−73 000
Total Current Debt	188 000	176 000	−26 000	29 000
Total Equity and Debt	355 000	221 000	170 000	227 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,65 %	−328,89 %	1,04 %	61,26 %
Debt-to-Equity Ratio	0	0	0,02	0,04
Operating Profit Margin	8,61 %	−22,13 %	1,36 %	9,86 %
Current Ratio	1,65	1,02	−6,19	5,38
Quick Ratio	1,8	1,05	−1,52	−3,06
Equity Ratio	0,47	0,2	1,14	0,84
Gross Profit Margin	67,73 %	53,14 %	42,59 %	64,24 %