KVANNE INDUSTRIER AS

6652 SURNADAL

Finances

Return on Equity

3,08 %

Current Ratio

2,22

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 759 000	23 171 000	18 567 000	20 752 000
Net Income	122 000	499 000	−304 000	596 000
Total Assets	11 168 000	9 641 000	9 065 000	10 706 000
Total Equity	3 967 000	3 845 000	3 347 000	3 651 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 759 000	23 171 000	18 567 000	20 752 000
Expenditure	25 996 000	21 891 000	19 245 000	19 786 000
Operating Profit	378 000	786 000	−233 000	925 000
Financial Income	108 000	41 000	51 000	7 000
Financial Costs	318 000	151 000	175 000	131 000
Financial Balance	−210 000	−110 000	−124 000	−124 000
Earnings Before Tax	168 000	675 000	−356 000	801 000
Tax	46 000	176 000	−52 000	205 000
Net Income	122 000	499 000	−304 000	596 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	465 000	292 000	239 000	353 000
Total Current Assets	10 702 000	9 349 000	8 826 000	10 353 000
Total Assets	11 168 000	9 641 000	9 065 000	10 706 000
Total Retained Equity	1 459 000	1 337 000	839 000	1 143 000
Total Equity	3 967 000	3 845 000	3 347 000	3 651 000
Total Long-Term Debt	2 385 000	2 665 000	2 074 000	3 437 000
Total Current Debt	4 816 000	3 130 000	3 644 000	3 618 000
Total Equity and Debt	11 168 000	9 641 000	9 065 000	10 706 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 758 000	23 176 000	18 566 000	20 750 000
Other Income	0	−5 000	1 000	1 000
Revenue	25 759 000	23 171 000	18 567 000	20 752 000
Cost of Goods Sold	12 898 000	10 175 000	8 757 000	9 679 000
Salary Costs	7 614 000	5 981 000	5 609 000	5 005 000
Depreciation	135 000	120 000	114 000	114 000
Impairment	0	0	0	0
Expenditure	25 996 000	21 891 000	19 245 000	19 786 000
Operating Profit	378 000	786 000	−233 000	925 000
Financial Income	108 000	41 000	51 000	7 000
Financial Costs	318 000	151 000	175 000	131 000
Financial Balance	−210 000	−110 000	−124 000	−124 000
Dividends	0	0	0	0
Net Income	122 000	499 000	−304 000	596 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	44 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	132 000	105 000	42 000	85 000
Fixtures	296 000	142 000	195 000	267 000
Total Tangible Assets	429 000	247 000	238 000	351 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	465 000	292 000	239 000	353 000
Stock	7 942 000	5 883 000	6 067 000	5 790 000
Total Investments	0	0	0	0
Cash, Bank	773 000	614 000	314 000	2 079 000
Total Current Assets	10 702 000	9 349 000	8 826 000	10 353 000
Total Assets	11 168 000	9 641 000	9 065 000	10 706 000
Total Equity	3 967 000	3 845 000	3 347 000	3 651 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 385 000	2 665 000	2 074 000	3 437 000
Creditors	1 912 000	1 366 000	1 087 000	1 798 000
Unpaid Taxes	775 000	522 000	633 000	431 000
Dividends	0	0	0	0
Other Current Debt	1 374 000	1 066 000	1 301 000	1 184 000
Total Current Debt	4 816 000	3 130 000	3 644 000	3 618 000
Total Equity and Debt	11 168 000	9 641 000	9 065 000	10 706 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,08 %	12,98 %	−9,08 %	16,32 %
Debt-to-Equity Ratio	0,6	0,69	0,62	0,94
Operating Profit Margin	1,47 %	3,39 %	−1,25 %	4,46 %
Current Ratio	2,22	2,99	2,42	2,86
Quick Ratio	−3,42	−3,4	−3,64	−4,77
Equity Ratio	0,36	0,4	0,37	0,34
Gross Profit Margin	49,93 %	56,09 %	52,84 %	53,36 %