KVAM ENERGI AS

5600 NORHEIMSUND

Finances

Return on Equity

30,37 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	431 249 000	219 111 000	101 870 000	37 483 000
Net Income	52 256 000	19 402 000	10 022 000	2 369 000
Total Assets	461 131 000	404 835 000	369 128 000	331 391 000
Total Equity	172 090 000	140 834 000	130 432 000	128 389 000

Income (NOK)	2022	2021	2020	2019
Revenue	431 249 000	219 111 000	101 870 000	37 483 000
Expenditure	358 827 000	190 410 000	85 884 000	33 262 000
Operating Profit	72 423 000	28 700 000	15 986 000	4 221 000
Financial Income	417 000	438 000	127 000	74 000
Financial Costs	5 808 000	4 265 000	3 194 000	1 090 000
Financial Balance	−5 391 000	−3 827 000	−3 067 000	−1 016 000
Earnings Before Tax	67 031 000	24 872 000	12 919 000	3 205 000
Tax	14 776 000	5 470 000	2 897 000	836 000
Net Income	52 256 000	19 402 000	10 022 000	2 369 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	343 356 000	331 046 000	329 495 000	288 926 000
Total Current Assets	117 775 000	73 788 000	39 633 000	42 465 000
Total Assets	461 131 000	404 835 000	369 128 000	331 391 000
Total Retained Equity	43 701 000	12 445 000	2 043 000	0
Total Equity	172 090 000	140 834 000	130 432 000	128 389 000
Total Long-Term Debt	172 071 000	177 671 000	121 382 000	130 644 000
Total Current Debt	116 970 000	86 329 000	117 314 000	72 358 000
Total Equity and Debt	461 131 000	404 835 000	369 128 000	331 391 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	390 056 000	190 681 000	89 701 000	37 483 000
Other Income	41 193 000	28 430 000	12 169 000	0
Revenue	431 249 000	219 111 000	101 870 000	37 483 000
Cost of Goods Sold	293 596 000	129 425 000	30 115 000	17 730 000
Salary Costs	32 834 000	31 221 000	28 579 000	7 517 000
Depreciation	15 062 000	14 059 000	12 094 000	2 826 000
Impairment	0	0	0	1 569 000
Expenditure	358 827 000	190 410 000	85 884 000	33 262 000
Operating Profit	72 423 000	28 700 000	15 986 000	4 221 000
Financial Income	417 000	438 000	127 000	74 000
Financial Costs	5 808 000	4 265 000	3 194 000	1 090 000
Financial Balance	−5 391 000	−3 827 000	−3 067 000	−1 016 000
Dividends	21 000 000	9 000 000	7 700 000	7 100 000
Net Income	52 256 000	19 402 000	10 022 000	2 369 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	115 000	1 978 000
Real Eastate	329 832 000	316 115 000	313 774 000	252 874 000
Machinery and Plant Facilities	7 071 000	8 150 000	8 472 000	28 166 000
Fixtures	0	0	0	0
Total Tangible Assets	336 903 000	324 265 000	322 246 000	281 041 000
Total Fiancial Fixed Assets	6 454 000	6 782 000	7 134 000	5 908 000
Total Fixed Assets	343 356 000	331 046 000	329 495 000	288 926 000
Stock	3 783 000	3 903 000	4 095 000	4 135 000
Total Investments	0	0	0	0
Cash, Bank	24 358 000	1 786 000	7 993 000	3 391 000
Total Current Assets	117 775 000	73 788 000	39 633 000	42 465 000
Total Assets	461 131 000	404 835 000	369 128 000	331 391 000
Total Equity	172 090 000	140 834 000	130 432 000	128 389 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	172 071 000	177 671 000	121 382 000	130 644 000
Creditors	11 482 000	13 807 000	12 340 000	15 201 000
Unpaid Taxes	19 258 000	16 869 000	10 243 000	12 253 000
Dividends	21 000 000	9 000 000	7 700 000	7 100 000
Other Current Debt	51 279 000	33 073 000	12 044 000	13 625 000
Total Current Debt	116 970 000	86 329 000	117 314 000	72 358 000
Total Equity and Debt	461 131 000	404 835 000	369 128 000	331 391 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,37 %	13,78 %	7,68 %	1,85 %
Debt-to-Equity Ratio	1	1,26	0,93	1,02
Operating Profit Margin	16,79 %	13,1 %	15,69 %	11,26 %
Current Ratio	1,01	0,85	0,34	0,59
Quick Ratio	1,04	0,9	0,35	0,62
Equity Ratio	0,37	0,35	0,35	0,39
Gross Profit Margin	31,92 %	40,93 %	70,44 %	52,7 %