KVEDFJORD FABRIKKER AS

9475 BORKENES

Finances

Return on Equity

52,94 %

Current Ratio

7,04

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 283 000	6 825 000	5 877 000	6 725 000
Net Income	12 098 000	1 917 000	1 168 000	557 000
Total Assets	28 121 000	17 096 000	15 227 000	14 753 000
Total Equity	22 853 000	12 755 000	11 438 000	10 571 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 283 000	6 825 000	5 877 000	6 725 000
Expenditure	7 029 000	5 820 000	5 320 000	6 553 000
Operating Profit	16 255 000	1 005 000	556 000	172 000
Financial Income	109 000	3 266 000	1 154 000	1 837 000
Financial Costs	692 000	2 278 000	543 000	1 452 000
Financial Balance	−583 000	988 000	611 000	385 000
Earnings Before Tax	15 673 000	1 992 000	1 168 000	557 000
Tax	3 575 000	75 000	0	0
Net Income	12 098 000	1 917 000	1 168 000	557 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 198 000	7 840 000	10 637 000	8 303 000
Total Current Assets	21 923 000	9 257 000	4 590 000	6 450 000
Total Assets	28 121 000	17 096 000	15 227 000	14 753 000
Total Retained Equity	22 553 000	12 455 000	11 138 000	10 271 000
Total Equity	22 853 000	12 755 000	11 438 000	10 571 000
Total Long-Term Debt	2 153 000	2 500 000	2 500 000	2 500 000
Total Current Debt	3 114 000	1 841 000	1 289 000	1 682 000
Total Equity and Debt	28 121 000	17 096 000	15 227 000	14 753 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 028 000	5 768 000	4 983 000	5 967 000
Other Income	16 255 000	1 057 000	893 000	758 000
Revenue	23 283 000	6 825 000	5 877 000	6 725 000
Cost of Goods Sold	1 813 000	1 196 000	665 000	1 594 000
Salary Costs	4 151 000	3 710 000	3 452 000	3 734 000
Depreciation	151 000	147 000	152 000	86 000
Impairment	0	0	0	0
Expenditure	7 029 000	5 820 000	5 320 000	6 553 000
Operating Profit	16 255 000	1 005 000	556 000	172 000
Financial Income	109 000	3 266 000	1 154 000	1 837 000
Financial Costs	692 000	2 278 000	543 000	1 452 000
Financial Balance	−583 000	988 000	611 000	385 000
Dividends	2 000 000	600 000	300 000	300 000
Net Income	12 098 000	1 917 000	1 168 000	557 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 421 000	1 497 000	1 497 000
Real Eastate	5 285 000	5 285 000	5 285 000	2 658 000
Machinery and Plant Facilities	312 000	376 000	441 000	505 000
Fixtures	442 000	466 000	549 000	397 000
Total Tangible Assets	6 039 000	6 127 000	6 275 000	3 559 000
Total Fiancial Fixed Assets	159 000	291 000	2 865 000	3 247 000
Total Fixed Assets	6 198 000	7 840 000	10 637 000	8 303 000
Stock	0	0	0	0
Total Investments	14 907 000	5 377 000	1 656 000	3 720 000
Cash, Bank	3 850 000	1 275 000	821 000	216 000
Total Current Assets	21 923 000	9 257 000	4 590 000	6 450 000
Total Assets	28 121 000	17 096 000	15 227 000	14 753 000
Total Equity	22 853 000	12 755 000	11 438 000	10 571 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 153 000	2 500 000	2 500 000	2 500 000
Creditors	94 000	158 000	62 000	128 000
Unpaid Taxes	463 000	591 000	416 000	519 000
Dividends	2 000 000	600 000	300 000	300 000
Other Current Debt	558 000	491 000	511 000	736 000
Total Current Debt	3 114 000	1 841 000	1 289 000	1 682 000
Total Equity and Debt	28 121 000	17 096 000	15 227 000	14 753 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,94 %	15,03 %	10,21 %	5,27 %
Debt-to-Equity Ratio	0,09	0,2	0,22	0,24
Operating Profit Margin	69,81 %	14,73 %	9,46 %	2,56 %
Current Ratio	7,04	5,03	3,56	3,83
Quick Ratio	7,04	5,03	3,56	3,83
Equity Ratio	0,81	0,75	0,75	0,72
Gross Profit Margin	92,21 %	82,48 %	88,68 %	76,3 %