KERVEL AS

3713 SKIEN

Finances

Share Ownership

Return on Equity

−28,74 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	867 000	679 000	514 000	634 000
Net Income	−382 000	−140 000	−8 000	−154 000
Total Assets	2 431 000	2 181 000	2 049 000	2 019 000
Total Equity	1 329 000	1 711 000	1 850 000	1 858 000

Income (NOK)	2022	2021	2020	2019
Revenue	867 000	679 000	514 000	634 000
Expenditure	1 357 000	866 000	531 000	839 000
Operating Profit	−489 000	−187 000	−18 000	−205 000
Financial Income	0	8 000	8 000	8 000
Financial Costs	0	0	0	0
Financial Balance	0	8 000	8 000	8 000
Earnings Before Tax	−490 000	−179 000	−10 000	−197 000
Tax	−108 000	−39 000	−2 000	−43 000
Net Income	−382 000	−140 000	−8 000	−154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 834 000	1 615 000	1 617 000	1 656 000
Total Current Assets	597 000	566 000	431 000	363 000
Total Assets	2 431 000	2 181 000	2 049 000	2 019 000
Total Retained Equity	0	0	0	0
Total Equity	1 329 000	1 711 000	1 850 000	1 858 000
Total Long-Term Debt	809 000	227 000	50 000	0
Total Current Debt	293 000	244 000	148 000	161 000
Total Equity and Debt	2 431 000	2 181 000	2 049 000	2 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	867 000	679 000	514 000	634 000
Other Income	0	0	0	0
Revenue	867 000	679 000	514 000	634 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	51 000	41 000	41 000	44 000
Impairment	0	0	0	0
Expenditure	1 357 000	866 000	531 000	839 000
Operating Profit	−489 000	−187 000	−18 000	−205 000
Financial Income	0	8 000	8 000	8 000
Financial Costs	0	0	0	0
Financial Balance	0	8 000	8 000	8 000
Dividends	0	0	0	0
Net Income	−382 000	−140 000	−8 000	−154 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	430 000	323 000	283 000	281 000
Real Eastate	1 404 000	1 289 000	1 323 000	1 356 000
Machinery and Plant Facilities	0	3 000	11 000	19 000
Fixtures	0	0	0	0
Total Tangible Assets	1 404 000	1 292 000	1 334 000	1 375 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 834 000	1 615 000	1 617 000	1 656 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	549 000	499 000	348 000	274 000
Total Current Assets	597 000	566 000	431 000	363 000
Total Assets	2 431 000	2 181 000	2 049 000	2 019 000
Total Equity	1 329 000	1 711 000	1 850 000	1 858 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	809 000	227 000	50 000	0
Creditors	68 000	116 000	101 000	62 000
Unpaid Taxes	28 000	0	14 000	0
Dividends	0	0	0	0
Other Current Debt	197 000	128 000	34 000	99 000
Total Current Debt	293 000	244 000	148 000	161 000
Total Equity and Debt	2 431 000	2 181 000	2 049 000	2 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,74 %	−8,18 %	−0,43 %	−8,29 %
Debt-to-Equity Ratio	0,61	0,13	0,03	0
Operating Profit Margin	−56,4 %	−27,54 %	−3,5 %	−32,33 %
Current Ratio	2,04	2,32	2,91	2,25
Quick Ratio	2,04	2,32	2,91	2,25
Equity Ratio	0,55	0,78	0,9	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %