KVIK KANALVEIEN AS

5068 BERGEN

Finances

Share Ownership

Return on Equity

26,82 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 933 000	79 599 000	64 825 000	56 070 000
Net Income	730 000	2 634 000	1 228 000	118 000
Total Assets	19 309 000	20 369 000	16 776 000	11 562 000
Total Equity	2 722 000	3 842 000	2 208 000	1 080 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 933 000	79 599 000	64 825 000	56 070 000
Expenditure	72 992 000	76 207 000	63 233 000	55 908 000
Operating Profit	941 000	3 392 000	1 592 000	161 000
Financial Income	4 000	0	2 000	3 000
Financial Costs	8 000	13 000	21 000	9 000
Financial Balance	−4 000	−13 000	−19 000	−6 000
Earnings Before Tax	937 000	3 379 000	1 573 000	155 000
Tax	207 000	746 000	345 000	37 000
Net Income	730 000	2 634 000	1 228 000	118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 377 000	1 217 000	1 140 000	957 000
Total Current Assets	17 932 000	19 152 000	15 636 000	10 605 000
Total Assets	19 309 000	20 369 000	16 776 000	11 562 000
Total Retained Equity	2 622 000	3 742 000	2 108 000	980 000
Total Equity	2 722 000	3 842 000	2 208 000	1 080 000
Total Long-Term Debt	240 000	6 000	0	0
Total Current Debt	16 347 000	16 521 000	14 568 000	10 482 000
Total Equity and Debt	19 309 000	20 369 000	16 776 000	11 562 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 933 000	79 599 000	64 811 000	56 067 000
Other Income	0	0	14 000	3 000
Revenue	73 933 000	79 599 000	64 825 000	56 070 000
Cost of Goods Sold	51 153 000	55 226 000	46 480 000	40 520 000
Salary Costs	15 105 000	14 708 000	11 644 000	10 360 000
Depreciation	175 000	183 000	217 000	195 000
Impairment	0	0	0	0
Expenditure	72 992 000	76 207 000	63 233 000	55 908 000
Operating Profit	941 000	3 392 000	1 592 000	161 000
Financial Income	4 000	0	2 000	3 000
Financial Costs	8 000	13 000	21 000	9 000
Financial Balance	−4 000	−13 000	−19 000	−6 000
Dividends	1 850 000	1 000 000	100 000	100 000
Net Income	730 000	2 634 000	1 228 000	118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	57 000	110 000	101 000	37 000
Fixtures	1 135 000	872 000	885 000	908 000
Total Tangible Assets	1 192 000	982 000	986 000	945 000
Total Fiancial Fixed Assets	185 000	234 000	154 000	12 000
Total Fixed Assets	1 377 000	1 217 000	1 140 000	957 000
Stock	6 073 000	5 142 000	4 797 000	3 415 000
Total Investments	0	0	0	0
Cash, Bank	6 908 000	12 726 000	9 668 000	5 894 000
Total Current Assets	17 932 000	19 152 000	15 636 000	10 605 000
Total Assets	19 309 000	20 369 000	16 776 000	11 562 000
Total Equity	2 722 000	3 842 000	2 208 000	1 080 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	240 000	6 000	0	0
Creditors	1 715 000	290 000	329 000	555 000
Unpaid Taxes	2 634 000	2 967 000	2 932 000	2 540 000
Dividends	1 850 000	1 000 000	100 000	100 000
Other Current Debt	11 806 000	12 525 000	10 962 000	7 349 000
Total Current Debt	16 347 000	16 521 000	14 568 000	10 482 000
Total Equity and Debt	19 309 000	20 369 000	16 776 000	11 562 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,82 %	68,56 %	55,62 %	10,93 %
Debt-to-Equity Ratio	0,09	0	0	0
Operating Profit Margin	1,27 %	4,26 %	2,46 %	0,29 %
Current Ratio	1,1	1,16	1,07	1,01
Quick Ratio	1,75	1,68	1,6	1,5
Equity Ratio	0,14	0,19	0,13	0,09
Gross Profit Margin	30,81 %	30,62 %	28,3 %	27,73 %