KVERNENES BÅTBYGGERI AS

5419 FITJAR

Finances

Share Ownership

Return on Equity

0,93 %

Current Ratio

3,05

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 227 000	19 962 000	21 489 000	16 611 000
Net Income	49 000	890 000	720 000	434 000
Total Assets	12 112 000	9 786 000	8 654 000	7 284 000
Total Equity	5 296 000	5 247 000	4 357 000	3 637 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 227 000	19 962 000	21 489 000	16 611 000
Expenditure	20 056 000	18 802 000	20 553 000	16 031 000
Operating Profit	171 000	1 160 000	935 000	579 000
Financial Income	20 000	5 000	9 000	14 000
Financial Costs	122 000	23 000	25 000	38 000
Financial Balance	−102 000	−18 000	−16 000	−24 000
Earnings Before Tax	69 000	1 142 000	919 000	556 000
Tax	20 000	252 000	199 000	122 000
Net Income	49 000	890 000	720 000	434 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 504 000	953 000	940 000	363 000
Total Current Assets	10 608 000	8 834 000	7 713 000	6 921 000
Total Assets	12 112 000	9 786 000	8 654 000	7 284 000
Total Retained Equity	5 275 000	5 226 000	4 336 000	3 617 000
Total Equity	5 296 000	5 247 000	4 357 000	3 637 000
Total Long-Term Debt	3 342 000	1 440 000	1 458 000	1 489 000
Total Current Debt	3 473 000	3 099 000	2 839 000	2 158 000
Total Equity and Debt	12 112 000	9 786 000	8 654 000	7 284 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 227 000	19 962 000	21 466 000	16 611 000
Other Income	0	0	23 000	0
Revenue	20 227 000	19 962 000	21 489 000	16 611 000
Cost of Goods Sold	9 673 000	9 860 000	11 911 000	7 978 000
Salary Costs	7 266 000	6 880 000	6 253 000	5 733 000
Depreciation	53 000	211 000	97 000	79 000
Impairment	0	0	0	0
Expenditure	20 056 000	18 802 000	20 553 000	16 031 000
Operating Profit	171 000	1 160 000	935 000	579 000
Financial Income	20 000	5 000	9 000	14 000
Financial Costs	122 000	23 000	25 000	38 000
Financial Balance	−102 000	−18 000	−16 000	−24 000
Dividends	0	0	0	0
Net Income	49 000	890 000	720 000	434 000

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	1 419 000	856 000	828 000	232 000
Total Tangible Assets	1 502 000	953 000	940 000	363 000
Total Fiancial Fixed Assets	2 000	0	0	0
Total Fixed Assets	1 504 000	953 000	940 000	363 000
Stock	3 805 000	1 550 000	913 000	1 675 000
Total Investments	0	0	0	0
Cash, Bank	3 676 000	2 852 000	2 212 000	2 086 000
Total Current Assets	10 608 000	8 834 000	7 713 000	6 921 000
Total Assets	12 112 000	9 786 000	8 654 000	7 284 000
Total Equity	5 296 000	5 247 000	4 357 000	3 637 000
Short-Term Group Debt	742 000	499 000	267 000	0
Total Long-Term Debt	3 342 000	1 440 000	1 458 000	1 489 000
Creditors	1 111 000	1 140 000	1 292 000	1 026 000
Unpaid Taxes	746 000	513 000	478 000	458 000
Dividends	0	0	0	0
Other Current Debt	855 000	695 000	602 000	552 000
Total Current Debt	3 473 000	3 099 000	2 839 000	2 158 000
Total Equity and Debt	12 112 000	9 786 000	8 654 000	7 284 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,93 %	16,96 %	16,53 %	11,93 %
Debt-to-Equity Ratio	0,63	0,27	0,33	0,41
Operating Profit Margin	0,85 %	5,81 %	4,35 %	3,49 %
Current Ratio	3,05	2,85	2,72	3,21
Quick Ratio	−31,95	5,7	4	14,33
Equity Ratio	0,44	0,54	0,5	0,5
Gross Profit Margin	52,18 %	50,61 %	44,57 %	51,97 %