KAIVEIEN 23 AS

8310 KABELVÅG

Finances

Share Ownership

Return on Equity

11,66 %

Current Ratio

5,16

Debt-to-Equity Ratio

4,88

Key figures (NOK)	2022	2021	2020
Revenue	4 471 000	2 601 000	2 027 000
Net Income	140 000	507 000	524 000
Total Assets	7 357 000	6 410 000	2 618 000
Total Equity	1 201 000	1 060 000	554 000

Income (NOK)	2022	2021	2020
Revenue	4 471 000	2 601 000	2 027 000
Expenditure	4 238 000	1 914 000	1 294 000
Operating Profit	233 000	688 000	733 000
Financial Income	2 000	0	9 000
Financial Costs	51 000	31 000	56 000
Financial Balance	−49 000	−31 000	−47 000
Earnings Before Tax	184 000	657 000	686 000
Tax	44 000	150 000	162 000
Net Income	140 000	507 000	524 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 814 000	5 386 000	2 076 000
Total Current Assets	1 543 000	1 024 000	543 000
Total Assets	7 357 000	6 410 000	2 618 000
Total Retained Equity	1 171 000	1 030 000	524 000
Total Equity	1 201 000	1 060 000	554 000
Total Long-Term Debt	5 857 000	4 894 000	1 239 000
Total Current Debt	299 000	455 000	826 000
Total Equity and Debt	7 357 000	6 410 000	2 618 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 568 000	14 000	244 000
Other Income	903 000	2 588 000	1 784 000
Revenue	4 471 000	2 601 000	2 027 000
Cost of Goods Sold	1 116 000	14 000	10 000
Salary Costs	359 000	244 000	8 000
Depreciation	183 000	183 000	47 000
Impairment	0	0	0
Expenditure	4 238 000	1 914 000	1 294 000
Operating Profit	233 000	688 000	733 000
Financial Income	2 000	0	9 000
Financial Costs	51 000	31 000	56 000
Financial Balance	−49 000	−31 000	−47 000
Dividends	0	0	0
Net Income	140 000	507 000	524 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	5 775 000	5 327 000	1 997 000
Machinery and Plant Facilities	29 000	44 000	59 000
Fixtures	10 000	15 000	20 000
Total Tangible Assets	5 814 000	5 386 000	2 076 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	5 814 000	5 386 000	2 076 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	801 000	899 000	280 000
Total Current Assets	1 543 000	1 024 000	543 000
Total Assets	7 357 000	6 410 000	2 618 000
Total Equity	1 201 000	1 060 000	554 000
Short-Term Group Debt	0	0	300 000
Total Long-Term Debt	5 857 000	4 894 000	1 239 000
Creditors	138 000	213 000	362 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	161 000	144 000	35 000
Total Current Debt	299 000	455 000	826 000
Total Equity and Debt	7 357 000	6 410 000	2 618 000

Financial indicators	2022	2021	2020
Return on Equity	11,66 %	47,83 %	94,58 %
Debt-to-Equity Ratio	4,88	4,62	2,24
Operating Profit Margin	5,21 %	26,45 %	36,16 %
Current Ratio	5,16	2,25	0,66
Quick Ratio	5,16	2,25	0,66
Equity Ratio	0,16	0,17	0,21
Gross Profit Margin	75,04 %	99,46 %	99,51 %