J KVALVÅGNES FISKERI AS

5550 SVEIO

Finances

Share Ownership

Return on Equity

19,27 %

Current Ratio

1,03

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 109 000	7 760 000	5 573 000	4 054 000
Net Income	1 545 000	2 190 000	1 931 000	1 314 000
Total Assets	15 593 000	8 478 000	6 866 000	4 966 000
Total Equity	8 019 000	6 474 000	5 123 000	3 193 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 109 000	7 760 000	5 573 000	4 054 000
Expenditure	4 103 000	4 951 000	3 095 000	2 367 000
Operating Profit	2 007 000	2 808 000	2 478 000	1 687 000
Financial Income	0	0	1 000	4 000
Financial Costs	26 000	0	3 000	7 000
Financial Balance	−26 000	0	−2 000	−3 000
Earnings Before Tax	1 981 000	2 808 000	2 475 000	1 684 000
Tax	436 000	618 000	545 000	371 000
Net Income	1 545 000	2 190 000	1 931 000	1 314 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 087 000	4 649 000	2 267 000	1 719 000
Total Current Assets	7 506 000	3 829 000	4 599 000	3 247 000
Total Assets	15 593 000	8 478 000	6 866 000	4 966 000
Total Retained Equity	7 394 000	5 848 000	4 498 000	2 567 000
Total Equity	8 019 000	6 474 000	5 123 000	3 193 000
Total Long-Term Debt	304 000	224 000	306 000	72 000
Total Current Debt	7 271 000	1 781 000	1 436 000	1 701 000
Total Equity and Debt	15 593 000	8 478 000	6 866 000	4 966 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 729 000	7 616 000	4 263 000	4 054 000
Other Income	380 000	144 000	1 310 000	0
Revenue	6 109 000	7 760 000	5 573 000	4 054 000
Cost of Goods Sold	455 000	747 000	528 000	375 000
Salary Costs	1 948 000	1 554 000	1 164 000	1 223 000
Depreciation	578 000	619 000	364 000	273 000
Impairment	0	0	0	0
Expenditure	4 103 000	4 951 000	3 095 000	2 367 000
Operating Profit	2 007 000	2 808 000	2 478 000	1 687 000
Financial Income	0	0	1 000	4 000
Financial Costs	26 000	0	3 000	7 000
Financial Balance	−26 000	0	−2 000	−3 000
Dividends	0	0	0	0
Net Income	1 545 000	2 190 000	1 931 000	1 314 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 601 000	2 601 000	251 000	401 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	442 000	640 000	855 000	633 000
Fixtures	481 000	549 000	96 000	143 000
Total Tangible Assets	5 486 000	2 048 000	2 016 000	1 318 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 087 000	4 649 000	2 267 000	1 719 000
Stock	0	0	0	8 000
Total Investments	0	0	0	0
Cash, Bank	5 572 000	2 900 000	4 515 000	2 820 000
Total Current Assets	7 506 000	3 829 000	4 599 000	3 247 000
Total Assets	15 593 000	8 478 000	6 866 000	4 966 000
Total Equity	8 019 000	6 474 000	5 123 000	3 193 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	304 000	224 000	306 000	72 000
Creditors	2 884 000	278 000	212 000	62 000
Unpaid Taxes	1 068 000	789 000	232 000	496 000
Dividends	0	0	0	0
Other Current Debt	2 963 000	12 000	682 000	760 000
Total Current Debt	7 271 000	1 781 000	1 436 000	1 701 000
Total Equity and Debt	15 593 000	8 478 000	6 866 000	4 966 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,27 %	33,83 %	37,69 %	41,15 %
Debt-to-Equity Ratio	0,04	0,03	0,06	0,02
Operating Profit Margin	32,85 %	36,19 %	44,46 %	41,61 %
Current Ratio	1,03	2,15	3,2	1,91
Quick Ratio	1,03	2,15	3,2	1,92
Equity Ratio	0,51	0,76	0,75	0,64
Gross Profit Margin	92,55 %	90,37 %	90,53 %	90,75 %