KVESTAD SIDERI AS

5776 NÅ

Finances

Share Ownership

Return on Equity

62,83 %

Current Ratio

1,94

Debt-to-Equity Ratio

1,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 221 000	2 444 000	1 246 000	23 000
Net Income	720 000	185 000	300 000	−142 000
Total Assets	4 207 000	3 816 000	2 319 000	468 000
Total Equity	1 146 000	426 000	240 000	−60 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 221 000	2 444 000	1 246 000	23 000
Expenditure	2 217 000	2 150 000	879 000	160 000
Operating Profit	1 004 000	295 000	367 000	−138 000
Financial Income	2 000	1 000	0	0
Financial Costs	83 000	58 000	27 000	5 000
Financial Balance	−81 000	−57 000	−27 000	−5 000
Earnings Before Tax	924 000	238 000	340 000	−142 000
Tax	203 000	52 000	40 000	0
Net Income	720 000	185 000	300 000	−142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 021 000	1 882 000	1 373 000	0
Total Current Assets	2 186 000	1 934 000	946 000	468 000
Total Assets	4 207 000	3 816 000	2 319 000	468 000
Total Retained Equity	1 051 000	331 000	146 000	−154 000
Total Equity	1 146 000	426 000	240 000	−60 000
Total Long-Term Debt	1 934 000	2 043 000	591 000	0
Total Current Debt	1 127 000	1 347 000	1 488 000	528 000
Total Equity and Debt	4 207 000	3 816 000	2 319 000	468 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 220 000	2 386 000	1 246 000	23 000
Other Income	1 000	58 000	0	0
Revenue	3 221 000	2 444 000	1 246 000	23 000
Cost of Goods Sold	1 189 000	1 407 000	492 000	52 000
Salary Costs	242 000	221 000	0	0
Depreciation	194 000	103 000	16 000	0
Impairment	0	0	0	0
Expenditure	2 217 000	2 150 000	879 000	160 000
Operating Profit	1 004 000	295 000	367 000	−138 000
Financial Income	2 000	1 000	0	0
Financial Costs	83 000	58 000	27 000	5 000
Financial Balance	−81 000	−57 000	−27 000	−5 000
Dividends	0	0	0	0
Net Income	720 000	185 000	300 000	−142 000

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	2 021 000	1 882 000	543 000	0
Total Tangible Assets	2 021 000	1 882 000	543 000	0
Total Fiancial Fixed Assets	0	0	830 000	0
Total Fixed Assets	2 021 000	1 882 000	1 373 000	0
Stock	1 708 000	1 085 000	669 000	225 000
Total Investments	0	0	0	0
Cash, Bank	18 000	8 000	1 000	8 000
Total Current Assets	2 186 000	1 934 000	946 000	468 000
Total Assets	4 207 000	3 816 000	2 319 000	468 000
Total Equity	1 146 000	426 000	240 000	−60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 934 000	2 043 000	591 000	0
Creditors	452 000	202 000	969 000	67 000
Unpaid Taxes	134 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	124 000	543 000	198 000	100 000
Total Current Debt	1 127 000	1 347 000	1 488 000	528 000
Total Equity and Debt	4 207 000	3 816 000	2 319 000	468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,83 %	43,43 %	125 %	236,67 %
Debt-to-Equity Ratio	1,69	4,8	2,46	−0
Operating Profit Margin	31,17 %	12,07 %	29,45 %	−600 %
Current Ratio	1,94	1,44	0,64	0,89
Quick Ratio	−3,76	7,38	1,16	1,54
Equity Ratio	0,27	0,11	0,1	−0,13
Gross Profit Margin	63,09 %	42,43 %	60,51 %	−126,09 %