KARI E. BJELLAND AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

41,21 %

Current Ratio

1,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 153 000	2 848 000	3 303 000	3 162 000
Net Income	265 000	59 000	719 000	867 000
Total Assets	1 283 000	1 312 000	1 596 000	1 706 000
Total Equity	643 000	378 000	319 000	300 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 153 000	2 848 000	3 303 000	3 162 000
Expenditure	2 814 000	2 773 000	2 400 000	2 051 000
Operating Profit	340 000	75 000	904 000	1 111 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	340 000	75 000	904 000	1 111 000
Tax	75 000	17 000	203 000	245 000
Net Income	265 000	59 000	719 000	867 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	49 000	72 000	32 000
Total Current Assets	1 257 000	1 263 000	1 524 000	1 675 000
Total Assets	1 283 000	1 312 000	1 596 000	1 706 000
Total Retained Equity	613 000	348 000	289 000	270 000
Total Equity	643 000	378 000	319 000	300 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	640 000	934 000	1 277 000	1 407 000
Total Equity and Debt	1 283 000	1 312 000	1 596 000	1 706 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 153 000	2 848 000	3 303 000	3 162 000
Other Income	0	0	0	0
Revenue	3 153 000	2 848 000	3 303 000	3 162 000
Cost of Goods Sold	704 000	771 000	1 049 000	769 000
Salary Costs	1 696 000	1 548 000	769 000	840 000
Depreciation	23 000	23 000	22 000	10 000
Impairment	0	0	0	0
Expenditure	2 814 000	2 773 000	2 400 000	2 051 000
Operating Profit	340 000	75 000	904 000	1 111 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	700 000	800 000
Net Income	265 000	59 000	719 000	867 000

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	0	0	0	0
Fixtures	27 000	49 000	72 000	32 000
Total Tangible Assets	27 000	49 000	72 000	32 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	49 000	72 000	32 000
Stock	233 000	192 000	208 000	200 000
Total Investments	0	0	0	0
Cash, Bank	933 000	1 088 000	1 343 000	1 435 000
Total Current Assets	1 257 000	1 263 000	1 524 000	1 675 000
Total Assets	1 283 000	1 312 000	1 596 000	1 706 000
Total Equity	643 000	378 000	319 000	300 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	125 000	51 000	58 000	3 000
Unpaid Taxes	433 000	435 000	56 000	74 000
Dividends	0	0	700 000	800 000
Other Current Debt	211 000	851 000	366 000	285 000
Total Current Debt	640 000	934 000	1 277 000	1 407 000
Total Equity and Debt	1 283 000	1 312 000	1 596 000	1 706 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,21 %	15,61 %	225,39 %	289 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,78 %	2,63 %	27,37 %	35,14 %
Current Ratio	1,96	1,35	1,19	1,19
Quick Ratio	3,09	1,7	1,43	1,39
Equity Ratio	0,5	0,29	0,2	0,18
Gross Profit Margin	77,67 %	72,93 %	68,24 %	75,68 %