KVÆRNØ SKO AS

7011 TRONDHEIM

Finances

Return on Equity

−241,61 %

Current Ratio

0,79

Debt-to-Equity Ratio

−2,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 484 000	12 897 000	11 328 000	14 344 000
Net Income	1 469 000	220 000	−528 000	520 000
Total Assets	11 274 000	7 808 000	8 064 000	7 906 000
Total Equity	−608 000	−2 077 000	−2 298 000	−1 769 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 484 000	12 897 000	11 328 000	14 344 000
Expenditure	13 771 000	12 508 000	11 700 000	13 836 000
Operating Profit	1 713 000	389 000	−372 000	508 000
Financial Income	178 000	197 000	200 000	353 000
Financial Costs	423 000	365 000	356 000	340 000
Financial Balance	−245 000	−168 000	−156 000	13 000
Earnings Before Tax	1 469 000	220 000	−528 000	520 000
Tax	0	0	0	0
Net Income	1 469 000	220 000	−528 000	520 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 123 000	2 508 000	2 503 000	2 501 000
Total Current Assets	8 151 000	5 300 000	5 561 000	5 405 000
Total Assets	11 274 000	7 808 000	8 064 000	7 906 000
Total Retained Equity	−1 358 000	−2 827 000	−3 048 000	−2 519 000
Total Equity	−608 000	−2 077 000	−2 298 000	−1 769 000
Total Long-Term Debt	1 535 000	1 535 000	1 450 000	1 450 000
Total Current Debt	10 347 000	8 350 000	8 912 000	8 226 000
Total Equity and Debt	11 274 000	7 808 000	8 064 000	7 906 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 679 000	12 732 000	11 061 000	13 981 000
Other Income	805 000	165 000	266 000	364 000
Revenue	15 484 000	12 897 000	11 328 000	14 344 000
Cost of Goods Sold	6 820 000	6 178 000	4 786 000	6 189 000
Salary Costs	4 027 000	3 622 000	3 221 000	4 028 000
Depreciation	100 000	7 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	13 771 000	12 508 000	11 700 000	13 836 000
Operating Profit	1 713 000	389 000	−372 000	508 000
Financial Income	178 000	197 000	200 000	353 000
Financial Costs	423 000	365 000	356 000	340 000
Financial Balance	−245 000	−168 000	−156 000	13 000
Dividends	0	0	0	0
Net Income	1 469 000	220 000	−528 000	520 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	479 000	486 000	494 000	502 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	605 000	0	0	0
Total Tangible Assets	1 084 000	486 000	494 000	502 000
Total Fiancial Fixed Assets	2 039 000	2 022 000	2 009 000	1 999 000
Total Fixed Assets	3 123 000	2 508 000	2 503 000	2 501 000
Stock	6 830 000	4 075 000	4 239 000	4 052 000
Total Investments	0	0	0	0
Cash, Bank	6 000	127 000	128 000	123 000
Total Current Assets	8 151 000	5 300 000	5 561 000	5 405 000
Total Assets	11 274 000	7 808 000	8 064 000	7 906 000
Total Equity	−608 000	−2 077 000	−2 298 000	−1 769 000
Short-Term Group Debt	33 000	33 000	16 000	0
Total Long-Term Debt	1 535 000	1 535 000	1 450 000	1 450 000
Creditors	5 667 000	4 261 000	4 277 000	3 581 000
Unpaid Taxes	610 000	574 000	701 000	903 000
Dividends	0	0	0	0
Other Current Debt	597 000	571 000	551 000	544 000
Total Current Debt	10 347 000	8 350 000	8 912 000	8 226 000
Total Equity and Debt	11 274 000	7 808 000	8 064 000	7 906 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−241,61 %	−10,59 %	22,98 %	−29,4 %
Debt-to-Equity Ratio	−2,52	−0,74	−0,63	−0,82
Operating Profit Margin	11,06 %	3,02 %	−3,28 %	3,54 %
Current Ratio	0,79	0,63	0,62	0,66
Quick Ratio	2,32	1,24	1,19	1,29
Equity Ratio	−0,05	−0,27	−0,28	−0,22
Gross Profit Margin	55,95 %	52,1 %	57,75 %	56,85 %