KVERNEVIK AS

6711 BRYGGJA

Finances

Return on Equity

62,4 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020
Revenue	52 708 000	40 815 000	40 325 000
Net Income	10 377 000	3 904 000	2 509 000
Total Assets	54 524 000	53 239 000	51 774 000
Total Equity	16 629 000	21 252 000	25 288 000

Income (NOK)	2022	2021	2020
Revenue	52 708 000	40 815 000	40 325 000
Expenditure	38 988 000	36 384 000	37 426 000
Operating Profit	13 719 000	4 431 000	2 899 000
Financial Income	621 000	809 000	554 000
Financial Costs	875 000	280 000	228 000
Financial Balance	−254 000	529 000	326 000
Earnings Before Tax	13 465 000	4 961 000	3 225 000
Tax	3 088 000	1 056 000	716 000
Net Income	10 377 000	3 904 000	2 509 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	17 591 000	20 675 000	9 305 000
Total Current Assets	36 932 000	32 564 000	42 469 000
Total Assets	54 524 000	53 239 000	51 774 000
Total Retained Equity	13 818 000	18 440 000	22 477 000
Total Equity	16 629 000	21 252 000	25 288 000
Total Long-Term Debt	9 807 000	11 667 000	12 496 000
Total Current Debt	28 088 000	20 320 000	13 989 000
Total Equity and Debt	54 524 000	53 239 000	51 774 000

Cash flow (NOK)	2022	2021	2020
Sales Income	52 586 000	39 398 000	39 340 000
Other Income	122 000	1 417 000	985 000
Revenue	52 708 000	40 815 000	40 325 000
Cost of Goods Sold	9 621 000	7 186 000	10 542 000
Salary Costs	12 489 000	12 785 000	11 529 000
Depreciation	2 760 000	2 666 000	2 398 000
Impairment	0	0	0
Expenditure	38 988 000	36 384 000	37 426 000
Operating Profit	13 719 000	4 431 000	2 899 000
Financial Income	621 000	809 000	554 000
Financial Costs	875 000	280 000	228 000
Financial Balance	−254 000	529 000	326 000
Dividends	0	7 941 000	0
Net Income	10 377 000	3 904 000	2 509 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	16 000	20 000	0
Real Eastate	1 084 000	1 084 000	2 188 000
Machinery and Plant Facilities	3 402 000	3 982 000	4 872 000
Fixtures	1 828 000	2 447 000	2 139 000
Total Tangible Assets	6 313 000	7 513 000	9 198 000
Total Fiancial Fixed Assets	11 263 000	13 143 000	107 000
Total Fixed Assets	17 591 000	20 675 000	9 305 000
Stock	284 000	607 000	188 000
Total Investments	0	0	0
Cash, Bank	18 124 000	7 590 000	5 500 000
Total Current Assets	36 932 000	32 564 000	42 469 000
Total Assets	54 524 000	53 239 000	51 774 000
Total Equity	16 629 000	21 252 000	25 288 000
Short-Term Group Debt	15 000 000	3 762 000	4 560 000
Total Long-Term Debt	9 807 000	11 667 000	12 496 000
Creditors	4 342 000	5 690 000	4 299 000
Unpaid Taxes	3 815 000	3 866 000	3 234 000
Dividends	0	7 941 000	0
Other Current Debt	1 104 000	2 037 000	1 268 000
Total Current Debt	28 088 000	20 320 000	13 989 000
Total Equity and Debt	54 524 000	53 239 000	51 774 000

Financial indicators	2022	2021	2020
Return on Equity	62,4 %	18,37 %	9,92 %
Debt-to-Equity Ratio	0,59	0,55	0,49
Operating Profit Margin	26,03 %	10,86 %	7,19 %
Current Ratio	1,31	1,6	3,04
Quick Ratio	1,33	1,65	3,08
Equity Ratio	0,3	0,4	0,49
Gross Profit Margin	81,75 %	82,39 %	73,86 %