KVERNHUSVIK SKIPSVERFT AS

7250 MELANDSJØ

Finances

Return on Equity

16,57 %

Current Ratio

3,93

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 797 000	54 394 000	56 068 000	62 880 000
Net Income	6 450 000	4 556 000	5 445 000	8 543 000
Total Assets	56 678 000	50 636 000	46 233 000	42 462 000
Total Equity	38 922 000	33 907 000	32 682 000	29 271 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 797 000	54 394 000	56 068 000	62 880 000
Expenditure	52 355 000	48 499 000	49 033 000	53 361 000
Operating Profit	8 442 000	5 894 000	7 034 000	9 520 000
Financial Income	124 000	78 000	171 000	15 000
Financial Costs	282 000	132 000	200 000	433 000
Financial Balance	−158 000	−54 000	−29 000	−418 000
Earnings Before Tax	8 284 000	5 841 000	7 006 000	9 102 000
Tax	1 834 000	1 285 000	1 561 000	558 000
Net Income	6 450 000	4 556 000	5 445 000	8 543 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 702 000	16 104 000	19 144 000	21 045 000
Total Current Assets	41 976 000	34 533 000	27 089 000	21 417 000
Total Assets	56 678 000	50 636 000	46 233 000	42 462 000
Total Retained Equity	30 649 000	25 634 000	24 409 000	20 998 000
Total Equity	38 922 000	33 907 000	32 682 000	29 271 000
Total Long-Term Debt	7 063 000	7 829 000	6 399 000	4 363 000
Total Current Debt	10 693 000	8 901 000	7 153 000	8 828 000
Total Equity and Debt	56 678 000	50 636 000	46 233 000	42 462 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 539 000	54 145 000	55 317 000	56 599 000
Other Income	258 000	249 000	751 000	6 281 000
Revenue	60 797 000	54 394 000	56 068 000	62 880 000
Cost of Goods Sold	15 419 000	13 650 000	15 435 000	15 334 000
Salary Costs	25 669 000	22 185 000	23 209 000	26 051 000
Depreciation	2 208 000	2 219 000	2 448 000	2 572 000
Impairment	0	0	0	0
Expenditure	52 355 000	48 499 000	49 033 000	53 361 000
Operating Profit	8 442 000	5 894 000	7 034 000	9 520 000
Financial Income	124 000	78 000	171 000	15 000
Financial Costs	282 000	132 000	200 000	433 000
Financial Balance	−158 000	−54 000	−29 000	−418 000
Dividends	1 000 000	0	0	0
Net Income	6 450 000	4 556 000	5 445 000	8 543 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	502 000	643 000	2 284 000	2 426 000
Machinery and Plant Facilities	2 780 000	2 654 000	2 463 000	2 568 000
Fixtures	298 000	164 000	236 000	310 000
Total Tangible Assets	14 572 000	15 974 000	19 018 000	20 958 000
Total Fiancial Fixed Assets	130 000	130 000	127 000	86 000
Total Fixed Assets	14 702 000	16 104 000	19 144 000	21 045 000
Stock	6 488 000	4 336 000	3 640 000	3 513 000
Total Investments	0	0	0	0
Cash, Bank	20 790 000	15 004 000	6 121 000	708 000
Total Current Assets	41 976 000	34 533 000	27 089 000	21 417 000
Total Assets	56 678 000	50 636 000	46 233 000	42 462 000
Total Equity	38 922 000	33 907 000	32 682 000	29 271 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 063 000	7 829 000	6 399 000	4 363 000
Creditors	2 149 000	2 483 000	1 926 000	1 750 000
Unpaid Taxes	1 927 000	2 652 000	2 448 000	2 710 000
Dividends	1 000 000	0	0	0
Other Current Debt	3 693 000	3 136 000	2 778 000	2 421 000
Total Current Debt	10 693 000	8 901 000	7 153 000	8 828 000
Total Equity and Debt	56 678 000	50 636 000	46 233 000	42 462 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,57 %	13,44 %	16,66 %	29,19 %
Debt-to-Equity Ratio	0,18	0,23	0,2	0,15
Operating Profit Margin	13,89 %	10,84 %	12,55 %	15,14 %
Current Ratio	3,93	3,88	3,79	2,43
Quick Ratio	9,98	7,56	7,71	4,03
Equity Ratio	0,69	0,67	0,71	0,69
Gross Profit Margin	74,64 %	74,91 %	72,47 %	75,61 %