REDERIAKSJESELSKAPET TORVALD KLAVENESS

0283 OSLO

Finances

Return on Equity

14,35 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,51

Key figures (USD)	2022	2021	2020	2019
Revenue	549 376 000	593 699 000	322 650 000	274 629 000
Net Income	65 358 000	100 326 000	30 000	−31 187 000
Total Assets	883 421 000	876 127 000	752 802 000	680 198 000
Total Equity	455 464 000	412 330 000	321 633 000	322 978 000

Income (USD)	2022	2021	2020	2019
Revenue	549 376 000	593 699 000	322 650 000	274 629 000
Expenditure	468 556 000	476 732 000	305 728 000	293 406 000
Operating Profit	80 820 000	116 967 000	16 922 000	−18 777 000
Financial Income	7 488 000	2 476 000	1 394 000	700 000
Financial Costs	22 834 000	19 323 000	18 221 000	12 589 000
Financial Balance	−15 346 000	−16 847 000	−16 827 000	−11 889 000
Earnings Before Tax	65 474 000	100 120 000	95 000	−30 666 000
Tax	116 000	−206 000	65 000	521 000
Net Income	65 358 000	100 326 000	30 000	−31 187 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	532 748 000	552 172 000	574 800 000	503 659 000
Total Current Assets	350 673 000	323 955 000	178 002 000	176 539 000
Total Assets	883 421 000	876 127 000	752 802 000	680 198 000
Total Retained Equity	398 258 000	355 124 000	264 427 000	265 772 000
Total Equity	455 464 000	412 330 000	321 633 000	322 978 000
Total Long-Term Debt	233 223 000	330 026 000	294 053 000	241 065 000
Total Current Debt	194 735 000	133 773 000	137 116 000	116 156 000
Total Equity and Debt	883 422 000	876 129 000	752 802 000	680 199 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	511 268 000	519 899 000	308 922 000	284 551 000
Other Income	38 108 000	73 800 000	13 728 000	−9 922 000
Revenue	549 376 000	593 699 000	322 650 000	274 629 000
Cost of Goods Sold	384 930 000	438 209 000	246 450 000	236 498 000
Salary Costs	33 261 000	34 603 000	21 326 000	22 679 000
Depreciation	35 418 000	−7 741 000	27 915 000	19 824 000
Impairment	0	0	0	0
Expenditure	468 556 000	476 732 000	305 728 000	293 406 000
Operating Profit	80 820 000	116 967 000	16 922 000	−18 777 000
Financial Income	7 488 000	2 476 000	1 394 000	700 000
Financial Costs	22 834 000	19 323 000	18 221 000	12 589 000
Financial Balance	−15 346 000	−16 847 000	−16 827 000	−11 889 000
Dividends	0	0	0	0
Net Income	65 358 000	100 326 000	30 000	−31 187 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	6 578 000	6 578 000
Total Intangible Assets	12 806 000	11 329 000	9 886 000	8 554 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 501 000	4 244 000	4 234 000	4 873 000
Total Tangible Assets	519 572 000	540 436 000	564 409 000	494 821 000
Total Fiancial Fixed Assets	370 000	407 000	505 000	284 000
Total Fixed Assets	532 748 000	552 172 000	574 800 000	503 659 000
Stock	52 255 000	35 428 000	20 331 000	21 464 000
Total Investments	0	0	0	0
Cash, Bank	188 066 000	203 609 000	98 696 000	89 988 000
Total Current Assets	350 673 000	323 955 000	178 002 000	176 539 000
Total Assets	883 421 000	876 127 000	752 802 000	680 198 000
Total Equity	455 464 000	412 330 000	321 633 000	322 978 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	233 223 000	330 026 000	294 053 000	241 065 000
Creditors	21 122 000	29 764 000	13 260 000	23 479 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	79 646 000	99 092 000	49 807 000	72 993 000
Total Current Debt	194 735 000	133 773 000	137 116 000	116 156 000
Total Equity and Debt	883 422 000	876 129 000	752 802 000	680 199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,35 %	24,33 %	0,01 %	−9,66 %
Debt-to-Equity Ratio	0,51	0,8	0,91	0,75
Operating Profit Margin	14,71 %	19,7 %	5,24 %	−6,84 %
Current Ratio	1,8	2,42	1,3	1,52
Quick Ratio	2,46	3,29	1,52	1,86
Equity Ratio	0,52	0,47	0,43	0,47
Gross Profit Margin	29,93 %	26,19 %	23,62 %	13,88 %