KARS NENSET AS

3735 SKIEN

Finances

Return on Equity

11,63 %

Current Ratio

3,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	250 748 000	217 109 000	224 094 000	170 864 000
Net Income	8 557 000	12 325 000	15 873 000	9 778 000
Total Assets	90 728 000	81 233 000	85 363 000	65 393 000
Total Equity	73 596 000	66 856 000	69 531 000	53 658 000

Income (NOK)	2022	2021	2020	2019
Revenue	250 748 000	217 109 000	224 094 000	170 864 000
Expenditure	240 548 000	201 588 000	203 728 000	158 298 000
Operating Profit	10 201 000	15 521 000	20 367 000	12 566 000
Financial Income	814 000	398 000	69 000	15 000
Financial Costs	31 000	90 000	76 000	45 000
Financial Balance	783 000	308 000	−7 000	−30 000
Earnings Before Tax	10 984 000	15 829 000	20 360 000	12 536 000
Tax	2 427 000	3 504 000	4 487 000	2 758 000
Net Income	8 557 000	12 325 000	15 873 000	9 778 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 087 000	22 634 000	3 307 000	1 434 000
Total Current Assets	61 641 000	58 599 000	82 056 000	63 960 000
Total Assets	90 728 000	81 233 000	85 363 000	65 393 000
Total Retained Equity	73 576 000	66 836 000	69 511 000	53 638 000
Total Equity	73 596 000	66 856 000	69 531 000	53 658 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	17 132 000	14 377 000	15 832 000	11 735 000
Total Equity and Debt	90 728 000	81 233 000	85 363 000	65 393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	246 399 000	212 916 000	219 610 000	167 543 000
Other Income	4 349 000	4 193 000	4 484 000	3 321 000
Revenue	250 748 000	217 109 000	224 094 000	170 864 000
Cost of Goods Sold	223 507 000	185 716 000	189 423 000	145 361 000
Salary Costs	9 334 000	9 154 000	8 346 000	7 045 000
Depreciation	614 000	391 000	310 000	382 000
Impairment	0	0	0	0
Expenditure	240 548 000	201 588 000	203 728 000	158 298 000
Operating Profit	10 201 000	15 521 000	20 367 000	12 566 000
Financial Income	814 000	398 000	69 000	15 000
Financial Costs	31 000	90 000	76 000	45 000
Financial Balance	783 000	308 000	−7 000	−30 000
Dividends	0	15 000 000	0	0
Net Income	8 557 000	12 325 000	15 873 000	9 778 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	101 000	29 000	148 000	163 000
Real Eastate	659 000	434 000	549 000	0
Machinery and Plant Facilities	11 000	23 000	302 000	0
Fixtures	1 978 000	1 883 000	166 000	1 270 000
Total Tangible Assets	2 649 000	2 340 000	1 016 000	1 270 000
Total Fiancial Fixed Assets	26 337 000	20 266 000	2 143 000	0
Total Fixed Assets	29 087 000	22 634 000	3 307 000	1 434 000
Stock	44 844 000	45 054 000	33 377 000	37 955 000
Total Investments	0	0	0	0
Cash, Bank	6 816 000	6 575 000	42 052 000	18 221 000
Total Current Assets	61 641 000	58 599 000	82 056 000	63 960 000
Total Assets	90 728 000	81 233 000	85 363 000	65 393 000
Total Equity	73 596 000	66 856 000	69 531 000	53 658 000
Short-Term Group Debt	3 109 000	0	0	5 734 000
Total Long-Term Debt	0	0	0	0
Creditors	10 242 000	3 257 000	9 612 000	2 146 000
Unpaid Taxes	700 000	818 000	569 000	502 000
Dividends	0	15 000 000	0	0
Other Current Debt	1 095 000	918 000	1 180 000	944 000
Total Current Debt	17 132 000	14 377 000	15 832 000	11 735 000
Total Equity and Debt	90 728 000	81 233 000	85 363 000	65 393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,63 %	18,44 %	22,83 %	18,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,07 %	7,15 %	9,09 %	7,35 %
Current Ratio	3,6	4,08	5,18	5,45
Quick Ratio	−2,22	−1,91	−4,68	−2,44
Equity Ratio	0,81	0,82	0,81	0,82
Gross Profit Margin	10,86 %	14,46 %	15,47 %	14,93 %