KLAVENES CRAFT AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

21,94 %

Current Ratio

1,87

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	811 000	600 000	622 000	303 000
Net Income	34 000	28 000	−96 000	159 000
Total Assets	330 000	261 000	166 000	293 000
Total Equity	155 000	121 000	93 000	189 000

Income (NOK)	2022	2021	2020	2019
Revenue	811 000	600 000	622 000	303 000
Expenditure	793 000	557 000	744 000	141 000
Operating Profit	56 000	43 000	−121 000	162 000
Financial Income	1 000	1 000	0	42 000
Financial Costs	13 000	7 000	2 000	0
Financial Balance	−12 000	−6 000	−2 000	42 000
Earnings Before Tax	44 000	36 000	−123 000	203 000
Tax	10 000	8 000	−27 000	45 000
Net Income	34 000	28 000	−96 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	14 000	19 000	24 000
Total Current Assets	321 000	247 000	147 000	269 000
Total Assets	330 000	261 000	166 000	293 000
Total Retained Equity	125 000	91 000	63 000	159 000
Total Equity	155 000	121 000	93 000	189 000
Total Long-Term Debt	2 000	7 000	0	0
Total Current Debt	172 000	132 000	73 000	104 000
Total Equity and Debt	330 000	261 000	166 000	293 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	811 000	600 000	622 000	303 000
Other Income	0	0	0	0
Revenue	811 000	600 000	622 000	303 000
Cost of Goods Sold	122 000	15 000	69 000	10 000
Salary Costs	471 000	409 000	392 000	24 000
Depreciation	5 000	5 000	5 000	2 000
Impairment	0	0	0	0
Expenditure	793 000	557 000	744 000	141 000
Operating Profit	56 000	43 000	−121 000	162 000
Financial Income	1 000	1 000	0	42 000
Financial Costs	13 000	7 000	2 000	0
Financial Balance	−12 000	−6 000	−2 000	42 000
Dividends	0	0	0	0
Net Income	34 000	28 000	−96 000	159 000

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	9 000	14 000	19 000	24 000
Total Tangible Assets	9 000	14 000	19 000	24 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	14 000	19 000	24 000
Stock	198 000	151 000	94 000	0
Total Investments	0	0	0	0
Cash, Bank	118 000	80 000	19 000	232 000
Total Current Assets	321 000	247 000	147 000	269 000
Total Assets	330 000	261 000	166 000	293 000
Total Equity	155 000	121 000	93 000	189 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	7 000	0	0
Creditors	26 000	6 000	1 000	6 000
Unpaid Taxes	41 000	42 000	37 000	49 000
Dividends	0	0	0	0
Other Current Debt	90 000	83 000	35 000	6 000
Total Current Debt	172 000	132 000	73 000	104 000
Total Equity and Debt	330 000	261 000	166 000	293 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,94 %	23,14 %	−103,23 %	84,13 %
Debt-to-Equity Ratio	0,01	0,06	0	0
Operating Profit Margin	6,91 %	7,17 %	−19,45 %	53,47 %
Current Ratio	1,87	1,87	2,01	2,59
Quick Ratio	−12,35	−13	−7	2,59
Equity Ratio	0,47	0,46	0,56	0,65
Gross Profit Margin	84,96 %	97,5 %	88,91 %	96,7 %