KALVENES VVS AS

5131 NYBORG

Finances

Share Ownership

Return on Equity

−187,5 %

Current Ratio

1,04

Debt-to-Equity Ratio

5,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 420 000	11 090 000	13 665 000	13 611 000
Net Income	−135 000	85 000	21 000	347 000
Total Assets	3 799 000	3 833 000	3 220 000	3 526 000
Total Equity	72 000	207 000	121 000	101 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 420 000	11 090 000	13 665 000	13 611 000
Expenditure	10 442 000	10 919 000	13 580 000	13 067 000
Operating Profit	−21 000	171 000	85 000	544 000
Financial Income	0	0	0	0
Financial Costs	114 000	60 000	68 000	68 000
Financial Balance	−114 000	−60 000	−68 000	−68 000
Earnings Before Tax	−135 000	111 000	17 000	476 000
Tax	0	25 000	−4 000	129 000
Net Income	−135 000	85 000	21 000	347 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	299 000	369 000	175 000	48 000
Total Current Assets	3 499 000	3 463 000	3 046 000	3 477 000
Total Assets	3 799 000	3 833 000	3 220 000	3 526 000
Total Retained Equity	−28 000	107 000	21 000	1 000
Total Equity	72 000	207 000	121 000	101 000
Total Long-Term Debt	367 000	567 000	967 000	242 000
Total Current Debt	3 360 000	3 059 000	2 132 000	3 183 000
Total Equity and Debt	3 799 000	3 833 000	3 220 000	3 526 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 414 000	11 090 000	13 665 000	13 611 000
Other Income	6 000	0	0	0
Revenue	10 420 000	11 090 000	13 665 000	13 611 000
Cost of Goods Sold	3 034 000	3 284 000	4 790 000	5 637 000
Salary Costs	5 580 000	5 920 000	6 262 000	5 628 000
Depreciation	130 000	90 000	61 000	94 000
Impairment	0	0	0	0
Expenditure	10 442 000	10 919 000	13 580 000	13 067 000
Operating Profit	−21 000	171 000	85 000	544 000
Financial Income	0	0	0	0
Financial Costs	114 000	60 000	68 000	68 000
Financial Balance	−114 000	−60 000	−68 000	−68 000
Dividends	0	0	0	350 000
Net Income	−135 000	85 000	21 000	347 000

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	227 000	297 000	141 000	48 000
Total Tangible Assets	227 000	297 000	141 000	48 000
Total Fiancial Fixed Assets	72 000	72 000	33 000	0
Total Fixed Assets	299 000	369 000	175 000	48 000
Stock	380 000	306 000	191 000	180 000
Total Investments	0	0	0	0
Cash, Bank	6 000	61 000	165 000	93 000
Total Current Assets	3 499 000	3 463 000	3 046 000	3 477 000
Total Assets	3 799 000	3 833 000	3 220 000	3 526 000
Total Equity	72 000	207 000	121 000	101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	367 000	567 000	967 000	242 000
Creditors	1 227 000	832 000	466 000	1 087 000
Unpaid Taxes	835 000	559 000	1 167 000	853 000
Dividends	0	0	0	350 000
Other Current Debt	880 000	1 237 000	499 000	728 000
Total Current Debt	3 360 000	3 059 000	2 132 000	3 183 000
Total Equity and Debt	3 799 000	3 833 000	3 220 000	3 526 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−187,5 %	41,06 %	17,36 %	343,56 %
Debt-to-Equity Ratio	5,1	2,74	7,99	2,4
Operating Profit Margin	−0,2 %	1,54 %	0,62 %	4 %
Current Ratio	1,04	1,13	1,43	1,09
Quick Ratio	1,17	1,26	1,57	1,16
Equity Ratio	0,02	0,05	0,04	0,03
Gross Profit Margin	70,88 %	70,39 %	64,95 %	58,58 %