KVÆRNØ BOATS AS

7246 SANDSTAD

Finances

Share Ownership

Return on Equity

46,72 %

Current Ratio

2,18

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 548 000	39 266 000	39 005 000	33 377 000
Net Income	2 367 000	1 546 000	1 752 000	−929 000
Total Assets	15 609 000	12 140 000	10 304 000	13 747 000
Total Equity	5 066 000	4 176 000	3 588 000	1 836 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 548 000	39 266 000	39 005 000	33 377 000
Expenditure	34 481 000	37 270 000	36 702 000	34 543 000
Operating Profit	3 067 000	1 995 000	2 304 000	−1 166 000
Financial Income	46 000	65 000	110 000	39 000
Financial Costs	77 000	76 000	168 000	63 000
Financial Balance	−31 000	−11 000	−58 000	−24 000
Earnings Before Tax	3 037 000	1 984 000	2 246 000	−1 191 000
Tax	669 000	438 000	494 000	−262 000
Net Income	2 367 000	1 546 000	1 752 000	−929 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	670 000	854 000	924 000	977 000
Total Current Assets	14 939 000	11 286 000	9 380 000	12 770 000
Total Assets	15 609 000	12 140 000	10 304 000	13 747 000
Total Retained Equity	4 978 000	4 088 000	3 500 000	1 748 000
Total Equity	5 066 000	4 176 000	3 588 000	1 836 000
Total Long-Term Debt	3 703 000	3 094 000	4 270 000	2 742 000
Total Current Debt	6 840 000	4 870 000	2 445 000	9 168 000
Total Equity and Debt	15 609 000	12 140 000	10 304 000	13 747 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 261 000	38 710 000	38 839 000	33 293 000
Other Income	−713 000	555 000	166 000	84 000
Revenue	37 548 000	39 266 000	39 005 000	33 377 000
Cost of Goods Sold	27 577 000	29 528 000	28 359 000	26 372 000
Salary Costs	4 825 000	4 444 000	5 253 000	4 752 000
Depreciation	126 000	113 000	314 000	377 000
Impairment	0	0	0	0
Expenditure	34 481 000	37 270 000	36 702 000	34 543 000
Operating Profit	3 067 000	1 995 000	2 304 000	−1 166 000
Financial Income	46 000	65 000	110 000	39 000
Financial Costs	77 000	76 000	168 000	63 000
Financial Balance	−31 000	−11 000	−58 000	−24 000
Dividends	0	0	0	0
Net Income	2 367 000	1 546 000	1 752 000	−929 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	99 000	202 000	180 000	371 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	244 000	282 000	319 000	188 000
Fixtures	327 000	371 000	385 000	330 000
Total Tangible Assets	571 000	652 000	704 000	518 000
Total Fiancial Fixed Assets	0	0	40 000	88 000
Total Fixed Assets	670 000	854 000	924 000	977 000
Stock	7 500 000	3 635 000	5 170 000	6 848 000
Total Investments	0	0	0	0
Cash, Bank	2 282 000	3 236 000	1 199 000	734 000
Total Current Assets	14 939 000	11 286 000	9 380 000	12 770 000
Total Assets	15 609 000	12 140 000	10 304 000	13 747 000
Total Equity	5 066 000	4 176 000	3 588 000	1 836 000
Short-Term Group Debt	1 500 000	1 229 000	0	0
Total Long-Term Debt	3 703 000	3 094 000	4 270 000	2 742 000
Creditors	2 070 000	2 686 000	1 095 000	6 853 000
Unpaid Taxes	136 000	310 000	482 000	203 000
Dividends	0	0	0	0
Other Current Debt	2 590 000	455 000	566 000	654 000
Total Current Debt	6 840 000	4 870 000	2 445 000	9 168 000
Total Equity and Debt	15 609 000	12 140 000	10 304 000	13 747 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,72 %	37,02 %	48,83 %	−50,6 %
Debt-to-Equity Ratio	0,73	0,74	1,19	1,49
Operating Profit Margin	8,17 %	5,08 %	5,91 %	−3,49 %
Current Ratio	2,18	2,32	3,84	1,39
Quick Ratio	−22,63	9,14	−3,44	5,5
Equity Ratio	0,32	0,34	0,35	0,13
Gross Profit Margin	26,56 %	24,8 %	27,29 %	20,99 %