MALERFIRMA HANS KJØSTELSEN AS

1610 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

21,27 %

Current Ratio

1,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 477 000	7 735 000	6 950 000	7 544 000
Net Income	177 000	681 000	−296 000	41 000
Total Assets	2 363 000	2 058 000	1 295 000	1 731 000
Total Equity	832 000	655 000	−26 000	271 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 477 000	7 735 000	6 950 000	7 544 000
Expenditure	8 276 000	6 972 000	7 246 000	7 503 000
Operating Profit	201 000	763 000	−296 000	41 000
Financial Income	0	0	0	0
Financial Costs	−3 000	13 000	1 000	0
Financial Balance	3 000	−13 000	−1 000	0
Earnings Before Tax	204 000	750 000	−296 000	41 000
Tax	27 000	69 000	0	0
Net Income	177 000	681 000	−296 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	257 000	165 000	250 000	256 000
Total Current Assets	2 106 000	1 893 000	1 045 000	1 476 000
Total Assets	2 363 000	2 058 000	1 295 000	1 731 000
Total Retained Equity	732 000	555 000	−126 000	171 000
Total Equity	832 000	655 000	−26 000	271 000
Total Long-Term Debt	4 000	0	0	0
Total Current Debt	1 526 000	1 403 000	1 321 000	1 461 000
Total Equity and Debt	2 363 000	2 058 000	1 295 000	1 731 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 415 000	7 735 000	6 950 000	7 538 000
Other Income	63 000	0	0	6 000
Revenue	8 477 000	7 735 000	6 950 000	7 544 000
Cost of Goods Sold	1 522 000	1 130 000	1 775 000	1 561 000
Salary Costs	5 423 000	4 472 000	4 280 000	4 725 000
Depreciation	26 000	29 000	33 000	99 000
Impairment	0	0	0	0
Expenditure	8 276 000	6 972 000	7 246 000	7 503 000
Operating Profit	201 000	763 000	−296 000	41 000
Financial Income	0	0	0	0
Financial Costs	−3 000	13 000	1 000	0
Financial Balance	3 000	−13 000	−1 000	0
Dividends	0	0	0	0
Net Income	177 000	681 000	−296 000	41 000

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	13 000	26 000	49 000	76 000
Fixtures	130 000	0	0	0
Total Tangible Assets	182 000	71 000	100 000	133 000
Total Fiancial Fixed Assets	75 000	94 000	150 000	122 000
Total Fixed Assets	257 000	165 000	250 000	256 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 257 000	1 390 000	602 000	627 000
Total Current Assets	2 106 000	1 893 000	1 045 000	1 476 000
Total Assets	2 363 000	2 058 000	1 295 000	1 731 000
Total Equity	832 000	655 000	−26 000	271 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	0	0
Creditors	217 000	221 000	111 000	212 000
Unpaid Taxes	668 000	462 000	539 000	516 000
Dividends	0	0	0	0
Other Current Debt	618 000	651 000	671 000	732 000
Total Current Debt	1 526 000	1 403 000	1 321 000	1 461 000
Total Equity and Debt	2 363 000	2 058 000	1 295 000	1 731 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,27 %	103,97 %	1 138,46 %	15,13 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	2,37 %	9,86 %	−4,26 %	0,54 %
Current Ratio	1,38	1,35	0,79	1,01
Quick Ratio	1,38	1,35	0,79	1,01
Equity Ratio	0,35	0,32	−0,02	0,16
Gross Profit Margin	82,05 %	85,39 %	74,46 %	79,31 %