KVENNA AS

6005 ÅLESUND

Finances

Share Ownership

Return on Equity

63,25 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 262 000	57 941 000	62 997 000	60 678 000
Net Income	14 711 000	945 000	1 353 000	−1 049 000
Total Assets	48 568 000	31 569 000	27 917 000	27 749 000
Total Equity	23 258 000	8 547 000	7 602 000	7 263 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 262 000	57 941 000	62 997 000	60 678 000
Expenditure	70 028 000	56 700 000	61 145 000	61 032 000
Operating Profit	6 234 000	1 241 000	1 853 000	−354 000
Financial Income	69 000	204 000	108 000	7 000
Financial Costs	626 000	500 000	609 000	702 000
Financial Balance	−557 000	−296 000	−501 000	−695 000
Earnings Before Tax	5 677 000	945 000	1 353 000	−1 049 000
Tax	−9 034 000	0	0	0
Net Income	14 711 000	945 000	1 353 000	−1 049 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 068 000	13 287 000	8 007 000	9 232 000
Total Current Assets	24 499 000	18 282 000	19 910 000	18 518 000
Total Assets	48 568 000	31 569 000	27 917 000	27 749 000
Total Retained Equity	12 167 000	−2 544 000	−3 489 000	−3 828 000
Total Equity	23 258 000	8 547 000	7 602 000	7 263 000
Total Long-Term Debt	8 245 000	11 173 000	7 225 000	9 429 000
Total Current Debt	17 065 000	11 849 000	13 090 000	11 058 000
Total Equity and Debt	48 568 000	31 569 000	27 917 000	27 749 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	74 356 000	57 113 000	62 946 000	60 375 000
Other Income	1 905 000	827 000	52 000	303 000
Revenue	76 262 000	57 941 000	62 997 000	60 678 000
Cost of Goods Sold	19 524 000	11 438 000	17 775 000	12 346 000
Salary Costs	34 080 000	32 253 000	30 674 000	33 592 000
Depreciation	3 508 000	2 580 000	2 712 000	3 197 000
Impairment	0	0	0	0
Expenditure	70 028 000	56 700 000	61 145 000	61 032 000
Operating Profit	6 234 000	1 241 000	1 853 000	−354 000
Financial Income	69 000	204 000	108 000	7 000
Financial Costs	626 000	500 000	609 000	702 000
Financial Balance	−557 000	−296 000	−501 000	−695 000
Dividends	0	0	1 014 000	0
Net Income	14 711 000	945 000	1 353 000	−1 049 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 129 000	2 076 000	87 000	240 000
Real Eastate	435 000	617 000	801 000	986 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 441 000	10 440 000	6 928 000	7 905 000
Total Tangible Assets	13 876 000	11 058 000	7 730 000	8 892 000
Total Fiancial Fixed Assets	63 000	154 000	190 000	100 000
Total Fixed Assets	24 068 000	13 287 000	8 007 000	9 232 000
Stock	9 352 000	5 679 000	3 830 000	1 483 000
Total Investments	0	0	0	0
Cash, Bank	0	4 885 000	4 783 000	1 092 000
Total Current Assets	24 499 000	18 282 000	19 910 000	18 518 000
Total Assets	48 568 000	31 569 000	27 917 000	27 749 000
Total Equity	23 258 000	8 547 000	7 602 000	7 263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 245 000	11 173 000	7 225 000	9 429 000
Creditors	7 513 000	3 487 000	4 733 000	2 782 000
Unpaid Taxes	3 766 000	4 449 000	2 846 000	3 782 000
Dividends	0	0	1 014 000	0
Other Current Debt	5 754 000	3 913 000	4 498 000	4 494 000
Total Current Debt	17 065 000	11 849 000	13 090 000	11 058 000
Total Equity and Debt	48 568 000	31 569 000	27 917 000	27 749 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,25 %	11,06 %	17,8 %	−14,44 %
Debt-to-Equity Ratio	0,35	1,31	0,95	1,3
Operating Profit Margin	8,17 %	2,14 %	2,94 %	−0,58 %
Current Ratio	1,44	1,54	1,52	1,67
Quick Ratio	3,18	2,96	2,15	1,93
Equity Ratio	0,48	0,27	0,27	0,26
Gross Profit Margin	74,4 %	80,26 %	71,78 %	79,65 %