KVINESDAL FARGER AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

13,79 %

Current Ratio

2,24

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 534 000	6 248 000	4 884 000	4 242 000
Net Income	87 000	207 000	134 000	16 000
Total Assets	1 345 000	1 162 000	980 000	919 000
Total Equity	631 000	544 000	337 000	204 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 534 000	6 248 000	4 884 000	4 242 000
Expenditure	5 406 000	5 965 000	4 692 000	4 197 000
Operating Profit	128 000	283 000	193 000	46 000
Financial Income	0	0	0	0
Financial Costs	17 000	17 000	21 000	25 000
Financial Balance	−17 000	−17 000	−21 000	−25 000
Earnings Before Tax	111 000	266 000	171 000	21 000
Tax	24 000	58 000	38 000	5 000
Net Income	87 000	207 000	134 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	49 000	40 000	69 000
Total Current Assets	1 329 000	1 114 000	939 000	849 000
Total Assets	1 345 000	1 162 000	980 000	919 000
Total Retained Equity	431 000	344 000	137 000	4 000
Total Equity	631 000	544 000	337 000	204 000
Total Long-Term Debt	120 000	163 000	205 000	244 000
Total Current Debt	593 000	454 000	438 000	471 000
Total Equity and Debt	1 345 000	1 162 000	980 000	919 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 534 000	6 248 000	4 884 000	4 242 000
Other Income	0	0	0	0
Revenue	5 534 000	6 248 000	4 884 000	4 242 000
Cost of Goods Sold	3 463 000	4 100 000	3 153 000	2 911 000
Salary Costs	1 190 000	1 169 000	875 000	696 000
Depreciation	37 000	42 000	33 000	33 000
Impairment	0	0	0	0
Expenditure	5 406 000	5 965 000	4 692 000	4 197 000
Operating Profit	128 000	283 000	193 000	46 000
Financial Income	0	0	0	0
Financial Costs	17 000	17 000	21 000	25 000
Financial Balance	−17 000	−17 000	−21 000	−25 000
Dividends	0	0	0	0
Net Income	87 000	207 000	134 000	16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	12 000	8 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	37 000	24 000	49 000
Fixtures	0	0	8 000	17 000
Total Tangible Assets	0	37 000	33 000	65 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	49 000	40 000	69 000
Stock	1 021 000	838 000	671 000	565 000
Total Investments	0	0	0	0
Cash, Bank	97 000	218 000	154 000	67 000
Total Current Assets	1 329 000	1 114 000	939 000	849 000
Total Assets	1 345 000	1 162 000	980 000	919 000
Total Equity	631 000	544 000	337 000	204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	120 000	163 000	205 000	244 000
Creditors	323 000	143 000	228 000	308 000
Unpaid Taxes	108 000	128 000	75 000	87 000
Dividends	0	0	0	0
Other Current Debt	134 000	121 000	93 000	70 000
Total Current Debt	593 000	454 000	438 000	471 000
Total Equity and Debt	1 345 000	1 162 000	980 000	919 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,79 %	38,05 %	39,76 %	7,84 %
Debt-to-Equity Ratio	0,19	0,3	0,61	1,2
Operating Profit Margin	2,31 %	4,53 %	3,95 %	1,08 %
Current Ratio	2,24	2,45	2,14	1,8
Quick Ratio	−3,11	−2,9	−4,03	−9,03
Equity Ratio	0,47	0,47	0,34	0,22
Gross Profit Margin	37,42 %	34,38 %	35,44 %	31,38 %