KVINNHERAD ASFALT AS

5451 VALEN

Finances

Share Ownership

Return on Equity

18 %

Current Ratio

2,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 747 000	7 275 000	5 971 000	7 440 000
Net Income	493 000	276 000	45 000	−116 000
Total Assets	3 794 000	3 403 000	3 227 000	3 249 000
Total Equity	2 739 000	2 246 000	2 569 000	2 524 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 747 000	7 275 000	5 971 000	7 440 000
Expenditure	10 107 000	6 904 000	5 923 000	7 565 000
Operating Profit	634 000	355 000	57 000	−147 000
Financial Income	0	0	5 000	1 000
Financial Costs	2 000	1 000	5 000	2 000
Financial Balance	−2 000	−1 000	0	−1 000
Earnings Before Tax	632 000	354 000	57 000	−149 000
Tax	139 000	78 000	12 000	−32 000
Net Income	493 000	276 000	45 000	−116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	754 000	803 000	1 238 000	1 545 000
Total Current Assets	3 041 000	2 601 000	1 989 000	1 704 000
Total Assets	3 794 000	3 403 000	3 227 000	3 249 000
Total Retained Equity	2 709 000	2 216 000	2 539 000	2 494 000
Total Equity	2 739 000	2 246 000	2 569 000	2 524 000
Total Long-Term Debt	5 000	22 000	22 000	31 000
Total Current Debt	1 051 000	1 136 000	636 000	694 000
Total Equity and Debt	3 794 000	3 403 000	3 227 000	3 249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 711 000	7 155 000	5 888 000	7 402 000
Other Income	36 000	119 000	83 000	38 000
Revenue	10 747 000	7 275 000	5 971 000	7 440 000
Cost of Goods Sold	6 211 000	2 890 000	1 787 000	3 513 000
Salary Costs	1 808 000	1 862 000	1 683 000	1 637 000
Depreciation	276 000	280 000	402 000	479 000
Impairment	0	0	0	0
Expenditure	10 107 000	6 904 000	5 923 000	7 565 000
Operating Profit	634 000	355 000	57 000	−147 000
Financial Income	0	0	5 000	1 000
Financial Costs	2 000	1 000	5 000	2 000
Financial Balance	−2 000	−1 000	0	−1 000
Dividends	0	0	0	0
Net Income	493 000	276 000	45 000	−116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	126 000	132 000	138 000	144 000
Machinery and Plant Facilities	528 000	456 000	784 000	735 000
Fixtures	100 000	214 000	298 000	618 000
Total Tangible Assets	754 000	803 000	1 220 000	1 497 000
Total Fiancial Fixed Assets	0	0	18 000	48 000
Total Fixed Assets	754 000	803 000	1 238 000	1 545 000
Stock	0	6 000	22 000	12 000
Total Investments	0	0	0	0
Cash, Bank	2 645 000	1 598 000	963 000	756 000
Total Current Assets	3 041 000	2 601 000	1 989 000	1 704 000
Total Assets	3 794 000	3 403 000	3 227 000	3 249 000
Total Equity	2 739 000	2 246 000	2 569 000	2 524 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	22 000	22 000	31 000
Creditors	281 000	610 000	224 000	376 000
Unpaid Taxes	441 000	263 000	235 000	118 000
Dividends	0	0	0	0
Other Current Debt	173 000	162 000	156 000	200 000
Total Current Debt	1 051 000	1 136 000	636 000	694 000
Total Equity and Debt	3 794 000	3 403 000	3 227 000	3 249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18 %	12,29 %	1,75 %	−4,6 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	5,9 %	4,88 %	0,95 %	−1,98 %
Current Ratio	2,89	2,29	3,13	2,46
Quick Ratio	2,89	2,3	3,24	2,5
Equity Ratio	0,72	0,66	0,8	0,78
Gross Profit Margin	42,21 %	60,27 %	70,07 %	52,78 %