KAVIART AS

8312 HENNINGSVÆR

Finances

Return on Equity

2,02 %

Current Ratio

11,5

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	569 000	526 000	363 000	407 000
Net Income	107 000	−313 000	239 000	−3 000
Total Assets	10 393 000	10 222 000	10 216 000	10 292 000
Total Equity	5 291 000	4 922 000	5 192 000	4 997 000

Income (NOK)	2022	2021	2020	2019
Revenue	569 000	526 000	363 000	407 000
Expenditure	313 000	821 000	307 000	368 000
Operating Profit	256 000	−296 000	56 000	39 000
Financial Income	0	0	1 000	1 000
Financial Costs	119 000	94 000	88 000	29 000
Financial Balance	−119 000	−94 000	−87 000	−28 000
Earnings Before Tax	137 000	−390 000	−31 000	10 000
Tax	30 000	−77 000	67 000	14 000
Net Income	107 000	−313 000	239 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 289 000	9 222 000	8 087 000	7 115 000
Total Current Assets	1 104 000	1 000 000	2 129 000	3 177 000
Total Assets	10 393 000	10 222 000	10 216 000	10 292 000
Total Retained Equity	291 000	−78 000	192 000	−3 000
Total Equity	5 291 000	4 922 000	5 192 000	4 997 000
Total Long-Term Debt	5 006 000	5 001 000	4 645 000	4 658 000
Total Current Debt	96 000	298 000	378 000	637 000
Total Equity and Debt	10 393 000	10 222 000	10 216 000	10 292 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	569 000	526 000	363 000	407 000
Revenue	569 000	526 000	363 000	407 000
Cost of Goods Sold	0	51 000	0	0
Salary Costs	0	0	0	0
Depreciation	173 000	176 000	175 000	191 000
Impairment	0	0	0	0
Expenditure	313 000	821 000	307 000	368 000
Operating Profit	256 000	−296 000	56 000	39 000
Financial Income	0	0	1 000	1 000
Financial Costs	119 000	94 000	88 000	29 000
Financial Balance	−119 000	−94 000	−87 000	−28 000
Dividends	0	0	0	0
Net Income	107 000	−313 000	239 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	6 000	0	0
Real Eastate	9 259 000	9 186 000	8 057 000	7 085 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 259 000	9 186 000	8 057 000	7 085 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	9 289 000	9 222 000	8 087 000	7 115 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	626 000	285 000	1 680 000	2 630 000
Total Current Assets	1 104 000	1 000 000	2 129 000	3 177 000
Total Assets	10 393 000	10 222 000	10 216 000	10 292 000
Total Equity	5 291 000	4 922 000	5 192 000	4 997 000
Short-Term Group Debt	0	55 000	0	0
Total Long-Term Debt	5 006 000	5 001 000	4 645 000	4 658 000
Creditors	52 000	162 000	297 000	629 000
Unpaid Taxes	21 000	63 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	22 000	18 000	70 000	8 000
Total Current Debt	96 000	298 000	378 000	637 000
Total Equity and Debt	10 393 000	10 222 000	10 216 000	10 292 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,02 %	−6,36 %	4,6 %	−0,06 %
Debt-to-Equity Ratio	0,95	1,02	0,89	0,93
Operating Profit Margin	44,99 %	−56,27 %	15,43 %	9,58 %
Current Ratio	11,5	3,36	5,63	4,99
Quick Ratio	11,5	3,36	5,63	4,99
Equity Ratio	0,51	0,48	0,51	0,49
Gross Profit Margin	100 %	90,3 %	100 %	100 %