KVERNELAND AS

4353 KLEPP STASJON

Finances

Return on Equity

2,41 %

Current Ratio

0,46

Debt-to-Equity Ratio

Key figures (EUR)	2022	2021	2020	2019
Revenue	22 887 000	21 019 000	19 673 000	8 922 000
Net Income	2 574 000	1 963 000	1 205 000	−12 158 000
Total Assets	495 278 000	457 696 000	397 088 000	406 328 000
Total Equity	106 753 000	104 179 000	102 215 000	96 060 000

Income (EUR)	2022	2021	2020	2019
Revenue	22 887 000	21 019 000	19 673 000	8 922 000
Expenditure	25 261 000	27 538 000	25 913 000	12 147 000
Operating Profit	−2 374 000	−6 519 000	−6 240 000	−3 225 000
Financial Income	20 917 000	18 097 000	20 852 000	10 744 000
Financial Costs	15 969 000	9 739 000	13 372 000	16 272 000
Financial Balance	4 948 000	8 358 000	7 480 000	−5 528 000
Earnings Before Tax	2 574 000	1 839 000	1 240 000	−8 753 000
Tax	0	−124 000	35 000	3 405 000
Net Income	2 574 000	1 963 000	1 205 000	−12 158 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	317 644 000	426 062 000	388 099 000	402 090 000
Total Current Assets	177 634 000	31 634 000	8 989 000	4 238 000
Total Assets	495 278 000	457 696 000	397 088 000	406 328 000
Total Retained Equity	−39 697 000	−42 271 000	−44 235 000	−50 390 000
Total Equity	106 753 000	104 179 000	102 215 000	96 060 000
Total Long-Term Debt	0	0	290 000	17 698 000
Total Current Debt	388 525 000	353 517 000	294 583 000	292 570 000
Total Equity and Debt	495 278 000	457 696 000	397 088 000	406 328 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	22 887 000	21 019 000	19 673 000	8 922 000
Revenue	22 887 000	21 019 000	19 673 000	8 922 000
Cost of Goods Sold	0	0	0	0
Salary Costs	14 430 000	12 601 000	11 724 000	7 235 000
Depreciation	1 264 000	3 617 000	3 318 000	32 000
Impairment	0	2 815 000	0	0
Expenditure	25 261 000	27 538 000	25 913 000	12 147 000
Operating Profit	−2 374 000	−6 519 000	−6 240 000	−3 225 000
Financial Income	20 917 000	18 097 000	20 852 000	10 744 000
Financial Costs	15 969 000	9 739 000	13 372 000	16 272 000
Financial Balance	4 948 000	8 358 000	7 480 000	−5 528 000
Dividends	0	0	0	0
Net Income	2 574 000	1 963 000	1 205 000	−12 158 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 306 000	4 113 000	14 658 000	0
Real Eastate	936 000	978 000	1 079 000	750 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	936 000	978 000	1 079 000	750 000
Total Fiancial Fixed Assets	312 402 000	420 971 000	372 362 000	401 340 000
Total Fixed Assets	317 644 000	426 062 000	388 099 000	402 090 000
Stock	0	0	0	0
Total Investments	−109 000	218 000	572 000	419 000
Cash, Bank	288 000	250 000	284 000	0
Total Current Assets	177 634 000	31 634 000	8 989 000	4 238 000
Total Assets	495 278 000	457 696 000	397 088 000	406 328 000
Total Equity	106 753 000	104 179 000	102 215 000	96 060 000
Short-Term Group Debt	107 165 000	153 076 000	94 521 000	54 031 000
Total Long-Term Debt	0	0	290 000	17 698 000
Creditors	1 679 000	1 315 000	965 000	214 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 285 000	4 334 000	3 721 000	533 000
Total Current Debt	388 525 000	353 517 000	294 583 000	292 570 000
Total Equity and Debt	495 278 000	457 696 000	397 088 000	406 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,41 %	1,88 %	1,18 %	−12,66 %
Debt-to-Equity Ratio	0	0	0	0,18
Operating Profit Margin	−10,37 %	−31,01 %	−31,72 %	−36,15 %
Current Ratio	0,46	0,09	0,03	0,01
Quick Ratio	0,46	0,09	0,03	0,01
Equity Ratio	0,22	0,23	0,26	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %