KVIK ÅLESUND AS

6018 ÅLESUND

Finances

Share Ownership

Return on Equity

42,08 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 596 000	47 168 000	51 062 000	50 088 000
Net Income	892 000	1 142 000	1 872 000	852 000
Total Assets	13 619 000	13 010 000	15 688 000	15 624 000
Total Equity	2 120 000	2 729 000	3 086 000	2 714 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 596 000	47 168 000	51 062 000	50 088 000
Expenditure	41 466 000	45 702 000	48 686 000	48 965 000
Operating Profit	1 130 000	1 467 000	2 376 000	1 123 000
Financial Income	32 000	17 000	54 000	12 000
Financial Costs	12 000	8 000	16 000	25 000
Financial Balance	20 000	9 000	38 000	−13 000
Earnings Before Tax	1 150 000	1 475 000	2 414 000	1 110 000
Tax	258 000	332 000	542 000	257 000
Net Income	892 000	1 142 000	1 872 000	852 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	640 000	617 000	595 000	687 000
Total Current Assets	12 980 000	12 392 000	15 093 000	14 937 000
Total Assets	13 619 000	13 010 000	15 688 000	15 624 000
Total Retained Equity	1 520 000	2 129 000	2 486 000	2 114 000
Total Equity	2 120 000	2 729 000	3 086 000	2 714 000
Total Long-Term Debt	0	0	19 000	249 000
Total Current Debt	11 499 000	10 281 000	12 583 000	12 661 000
Total Equity and Debt	13 619 000	13 010 000	15 688 000	15 624 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 596 000	47 168 000	50 908 000	50 088 000
Other Income	0	0	154 000	0
Revenue	42 596 000	47 168 000	51 062 000	50 088 000
Cost of Goods Sold	28 169 000	32 086 000	34 086 000	33 956 000
Salary Costs	7 674 000	7 607 000	8 080 000	8 393 000
Depreciation	75 000	71 000	84 000	198 000
Impairment	0	0	0	0
Expenditure	41 466 000	45 702 000	48 686 000	48 965 000
Operating Profit	1 130 000	1 467 000	2 376 000	1 123 000
Financial Income	32 000	17 000	54 000	12 000
Financial Costs	12 000	8 000	16 000	25 000
Financial Balance	20 000	9 000	38 000	−13 000
Dividends	1 500 000	1 500 000	1 500 000	1 500 000
Net Income	892 000	1 142 000	1 872 000	852 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	238 000	203 000	131 000	139 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	401 000	415 000	464 000	549 000
Total Tangible Assets	401 000	415 000	464 000	549 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	640 000	617 000	595 000	687 000
Stock	6 165 000	3 688 000	4 047 000	3 727 000
Total Investments	0	0	0	0
Cash, Bank	3 161 000	4 128 000	6 791 000	3 026 000
Total Current Assets	12 980 000	12 392 000	15 093 000	14 937 000
Total Assets	13 619 000	13 010 000	15 688 000	15 624 000
Total Equity	2 120 000	2 729 000	3 086 000	2 714 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	19 000	249 000
Creditors	101 000	383 000	80 000	18 000
Unpaid Taxes	2 040 000	1 774 000	2 244 000	2 309 000
Dividends	1 500 000	1 500 000	1 500 000	1 500 000
Other Current Debt	7 563 000	6 221 000	8 224 000	8 544 000
Total Current Debt	11 499 000	10 281 000	12 583 000	12 661 000
Total Equity and Debt	13 619 000	13 010 000	15 688 000	15 624 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,08 %	41,85 %	60,66 %	31,39 %
Debt-to-Equity Ratio	0	0	0,01	0,09
Operating Profit Margin	2,65 %	3,11 %	4,65 %	2,24 %
Current Ratio	1,13	1,21	1,2	1,18
Quick Ratio	2,43	1,88	1,77	1,67
Equity Ratio	0,16	0,21	0,2	0,17
Gross Profit Margin	33,87 %	31,98 %	33,25 %	32,21 %