KARLSEN VVS AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

−14,24 %

Current Ratio

3,56

Debt-to-Equity Ratio

0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 432 000	7 239 000	9 059 000	12 240 000
Net Income	−148 000	14 000	91 000	173 000
Total Assets	2 682 000	3 638 000	4 555 000	5 720 000
Total Equity	1 039 000	1 187 000	1 173 000	1 082 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 432 000	7 239 000	9 059 000	12 240 000
Expenditure	5 530 000	7 159 000	8 862 000	11 962 000
Operating Profit	−98 000	80 000	197 000	279 000
Financial Income	9 000	8 000	2 000	1 000
Financial Costs	63 000	74 000	65 000	72 000
Financial Balance	−54 000	−66 000	−63 000	−71 000
Earnings Before Tax	−152 000	14 000	134 000	208 000
Tax	−4 000	0	44 000	35 000
Net Income	−148 000	14 000	91 000	173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	277 000	451 000	554 000	684 000
Total Current Assets	2 405 000	3 186 000	4 001 000	5 036 000
Total Assets	2 682 000	3 638 000	4 555 000	5 720 000
Total Retained Equity	931 000	1 079 000	1 065 000	974 000
Total Equity	1 039 000	1 187 000	1 173 000	1 082 000
Total Long-Term Debt	968 000	1 365 000	1 735 000	2 092 000
Total Current Debt	675 000	1 086 000	1 647 000	2 545 000
Total Equity and Debt	2 682 000	3 638 000	4 555 000	5 720 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 420 000	7 079 000	9 057 000	12 164 000
Other Income	12 000	160 000	3 000	77 000
Revenue	5 432 000	7 239 000	9 059 000	12 240 000
Cost of Goods Sold	1 645 000	3 320 000	3 654 000	7 232 000
Salary Costs	2 510 000	2 577 000	4 149 000	3 691 000
Depreciation	174 000	102 000	123 000	148 000
Impairment	0	0	0	22 000
Expenditure	5 530 000	7 159 000	8 862 000	11 962 000
Operating Profit	−98 000	80 000	197 000	279 000
Financial Income	9 000	8 000	2 000	1 000
Financial Costs	63 000	74 000	65 000	72 000
Financial Balance	−54 000	−66 000	−63 000	−71 000
Dividends	0	0	0	0
Net Income	−148 000	14 000	91 000	173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	272 000	0	0	0
Fixtures	5 000	451 000	554 000	676 000
Total Tangible Assets	277 000	451 000	554 000	676 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	277 000	451 000	554 000	684 000
Stock	998 000	1 147 000	751 000	1 576 000
Total Investments	0	0	0	0
Cash, Bank	654 000	202 000	1 337 000	948 000
Total Current Assets	2 405 000	3 186 000	4 001 000	5 036 000
Total Assets	2 682 000	3 638 000	4 555 000	5 720 000
Total Equity	1 039 000	1 187 000	1 173 000	1 082 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	968 000	1 365 000	1 735 000	2 092 000
Creditors	218 000	380 000	659 000	1 675 000
Unpaid Taxes	239 000	488 000	629 000	520 000
Dividends	0	0	0	0
Other Current Debt	219 000	218 000	328 000	304 000
Total Current Debt	675 000	1 086 000	1 647 000	2 545 000
Total Equity and Debt	2 682 000	3 638 000	4 555 000	5 720 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,24 %	1,18 %	7,76 %	15,99 %
Debt-to-Equity Ratio	0,93	1,15	1,48	1,93
Operating Profit Margin	−1,8 %	1,11 %	2,17 %	2,28 %
Current Ratio	3,56	2,93	2,43	1,98
Quick Ratio	−7,45	−52,23	4,47	5,2
Equity Ratio	0,39	0,33	0,26	0,19
Gross Profit Margin	69,72 %	54,14 %	59,66 %	40,92 %