BRØDRENE KVERNELAND INVEST AS

4313 SANDNES

Finances

Return on Equity

4,88 %

Current Ratio

15,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	2 351 000	0
Net Income	2 938 000	26 000 000	−4 417 000	−490 000
Total Assets	62 050 000	88 394 000	49 119 000	86 067 000
Total Equity	60 161 000	58 320 000	26 954 000	32 300 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	2 351 000	0
Expenditure	158 000	549 000	1 426 000	234 000
Operating Profit	−158 000	−549 000	925 000	−234 000
Financial Income	3 435 000	21 183 000	1 181 000	933 000
Financial Costs	0	601 000	6 522 000	1 537 000
Financial Balance	3 435 000	20 582 000	−5 341 000	−604 000
Earnings Before Tax	3 277 000	20 033 000	−4 417 000	−837 000
Tax	339 000	−5 968 000	0	−348 000
Net Income	2 938 000	26 000 000	−4 417 000	−490 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 686 000	57 916 000	46 890 000	52 551 000
Total Current Assets	27 365 000	30 478 000	2 229 000	33 517 000
Total Assets	62 050 000	88 394 000	49 119 000	86 067 000
Total Retained Equity	10 691 000	8 851 000	0	0
Total Equity	60 161 000	58 320 000	26 954 000	32 300 000
Total Long-Term Debt	100 000	11 869 000	22 071 000	52 208 000
Total Current Debt	1 790 000	18 205 000	94 000	1 559 000
Total Equity and Debt	62 050 000	88 394 000	49 119 000	86 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	351 000	0
Other Income	0	0	2 000 000	0
Revenue	0	0	2 351 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	793 000	0
Depreciation	0	0	24 000	0
Impairment	0	0	0	0
Expenditure	158 000	549 000	1 426 000	234 000
Operating Profit	−158 000	−549 000	925 000	−234 000
Financial Income	3 435 000	21 183 000	1 181 000	933 000
Financial Costs	0	601 000	6 522 000	1 537 000
Financial Balance	3 435 000	20 582 000	−5 341 000	−604 000
Dividends	0	0	0	0
Net Income	2 938 000	26 000 000	−4 417 000	−490 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	34 686 000	57 916 000	46 890 000	52 551 000
Total Fixed Assets	34 686 000	57 916 000	46 890 000	52 551 000
Stock	0	0	0	0
Total Investments	0	95 000	95 000	0
Cash, Bank	99 000	8 000	2 082 000	59 000
Total Current Assets	27 365 000	30 478 000	2 229 000	33 517 000
Total Assets	62 050 000	88 394 000	49 119 000	86 067 000
Total Equity	60 161 000	58 320 000	26 954 000	32 300 000
Short-Term Group Debt	1 776 000	18 198 000	0	1 538 000
Total Long-Term Debt	100 000	11 869 000	22 071 000	52 208 000
Creditors	13 000	7 000	13 000	19 000
Unpaid Taxes	0	0	0	2 000
Dividends	0	0	0	0
Other Current Debt	1 000	0	81 000	0
Total Current Debt	1 790 000	18 205 000	94 000	1 559 000
Total Equity and Debt	62 050 000	88 394 000	49 119 000	86 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,88 %	44,58 %	−16,39 %	−1,52 %
Debt-to-Equity Ratio	0	0,2	0,82	1,62
Operating Profit Margin	-	-	39,34 %	-
Current Ratio	15,29	1,67	23,71	21,5
Quick Ratio	15,29	1,67	23,71	21,5
Equity Ratio	0,97	0,66	0,55	0,38
Gross Profit Margin	-	-	100 %	-