KVERNHUSVIK HOLDING AS

7250 MELANDSJØ

Finances

Return on Equity

26,2 %

Current Ratio

0,16

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 440 000	54 934 000	56 323 000	68 211 000
Net Income	2 242 000	1 503 000	4 585 000	497 000
Total Assets	23 180 000	61 304 000	62 950 000	61 156 000
Total Equity	8 558 000	35 941 000	38 437 000	33 853 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 440 000	54 934 000	56 323 000	68 211 000
Expenditure	756 000	52 866 000	50 378 000	56 972 000
Operating Profit	684 000	2 068 000	5 944 000	11 239 000
Financial Income	1 798 000	249 000	447 000	130 000
Financial Costs	172 000	407 000	651 000	10 369 000
Financial Balance	1 626 000	−158 000	−204 000	−10 239 000
Earnings Before Tax	2 310 000	1 909 000	5 741 000	999 000
Tax	68 000	406 000	1 156 000	502 000
Net Income	2 242 000	1 503 000	4 585 000	497 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 486 000	25 855 000	35 170 000	36 722 000
Total Current Assets	694 000	35 448 000	27 780 000	24 434 000
Total Assets	23 180 000	61 304 000	62 950 000	61 156 000
Total Retained Equity	518 000	27 901 000	15 937 000	11 353 000
Total Equity	8 558 000	35 941 000	38 437 000	33 853 000
Total Long-Term Debt	10 261 000	14 396 000	16 530 000	10 879 000
Total Current Debt	4 361 000	10 966 000	7 983 000	16 424 000
Total Equity and Debt	23 180 000	61 304 000	62 950 000	61 156 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	54 685 000	54 904 000	56 088 000
Other Income	1 440 000	249 000	1 419 000	12 123 000
Revenue	1 440 000	54 934 000	56 323 000	68 211 000
Cost of Goods Sold	0	13 650 000	15 435 000	15 334 000
Salary Costs	0	22 185 000	23 209 000	26 355 000
Depreciation	215 000	4 867 000	2 769 000	2 893 000
Impairment	0	0	0	0
Expenditure	756 000	52 866 000	50 378 000	56 972 000
Operating Profit	684 000	2 068 000	5 944 000	11 239 000
Financial Income	1 798 000	249 000	447 000	130 000
Financial Costs	172 000	407 000	651 000	10 369 000
Financial Balance	1 626 000	−158 000	−204 000	−10 239 000
Dividends	4 000 000	1 000 000	0	0
Net Income	2 242 000	1 503 000	4 585 000	497 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 512 000	10 185 000	17 991 000	17 735 000
Machinery and Plant Facilities	0	2 654 000	2 463 000	2 568 000
Fixtures	0	223 000	394 000	493 000
Total Tangible Assets	1 512 000	25 575 000	34 883 000	36 450 000
Total Fiancial Fixed Assets	20 974 000	281 000	288 000	272 000
Total Fixed Assets	22 486 000	25 855 000	35 170 000	36 722 000
Stock	0	4 336 000	3 640 000	3 513 000
Total Investments	0	0	0	0
Cash, Bank	494 000	15 898 000	9 418 000	1 152 000
Total Current Assets	694 000	35 448 000	27 780 000	24 434 000
Total Assets	23 180 000	61 304 000	62 950 000	61 156 000
Total Equity	8 558 000	35 941 000	38 437 000	33 853 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 261 000	14 396 000	16 530 000	10 879 000
Creditors	357 000	3 148 000	2 271 000	6 138 000
Unpaid Taxes	1 000	2 653 000	2 471 000	2 710 000
Dividends	4 000 000	1 000 000	0	0
Other Current Debt	3 000	3 536 000	3 241 000	5 629 000
Total Current Debt	4 361 000	10 966 000	7 983 000	16 424 000
Total Equity and Debt	23 180 000	61 304 000	62 950 000	61 156 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,2 %	4,18 %	11,93 %	1,47 %
Debt-to-Equity Ratio	1,2	0,4	0,43	0,32
Operating Profit Margin	47,5 %	3,76 %	10,55 %	16,48 %
Current Ratio	0,16	3,23	3,48	1,49
Quick Ratio	0,16	5,35	6,4	1,89
Equity Ratio	0,37	0,59	0,61	0,55
Gross Profit Margin	100 %	75,15 %	72,6 %	77,52 %