Overview
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Kjelstad Karl Erik
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Architectural, Engineering, and Related Services
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Business Support Services
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Professional, Scientific, and Technical Services
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Construction and civil engineering
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Business services, nec
Accounting, Tax Preparation, Bookkeeping, and Payroll Services
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Advertising, Public Relations, and Related Services
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Computer Systems Design and Related Services
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Legal Services
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Management, Scientific, and Technical Consulting Services
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Other Professional, Scientific, and Technical Services
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Scientific Research and Development Services
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Specialized Design Services
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Modelled
$555,329
Actual
$5,734
DEC
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Oslo:ACC
Contacts
Get in Touch with 5 Principals*
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Kjelstad Karl ErikChairman of the Board
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Financial Statements
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Financial data as of December 31, 2023 (12 month period) in USD
Annual Revenue 2024
$555,329
USD
Actual
1 USD = 10.8044 NOK
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | -$12 | $16 | -$11 |
| Net Investing Cash | $335 | -$14 | -$10 |
| Net Financing Cash | -$0 | -$1 | -$1 |
| Net Change in Cash | $322 | $1 | -$22 |
| Cash at Beginning of Period | $103 | $101 | $122 |
| Cash at End of Period | $425 | $103 | $101 |
| Capital Expenditure | -$6 | -$14 | -$10 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $425 | $103 | $101 |
| Accounts Receivable | $ | $9 | $2 |
| Inventories | $ | $ | $ |
| Other Current Assets | $ | $17 | $5 |
| Asset Summary | |||
| Total Current Assets | $425 | $129 | $108 |
| Tangible Fixed Assets | $ | $11 | $5 |
| Intangible Assets | $ | $17 | $7 |
| Total Assets | $5,734 | $1,688 | $1,297 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $1 | $10 | $4 |
| Short-Term Debt | $ | $ | $ |
| Other Current Liabilities | $2 | $78 | $35 |
| Liability Summary | |||
| Total Current Liabilities | $3 | $88 | $38 |
| Long-Term Debt | $ | $ | $ |
| Other Long-Term Liabilities | -$0 | $ | $0 |
| Total Liabilities | $22 | $91 | $39 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $56 | $56 | $56 |
| Retained Earnings | $341 | -$57 | -$41 |
| Equity Summary | |||
| Total Equity | $509 | $65 | $81 |
| Shares Outstanding | 604,242,218 | 604,242,218 | 604,242,218 |