KVERNELAND ELEKTRISKE GRUPPEN AS

4353 KLEPP STASJON

Finances

Return on Equity

22,26 %

Current Ratio

2,39

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	557 000	500 000	495 000	774 000
Net Income	2 042 000	2 424 000	2 113 000	2 269 000
Total Assets	13 318 000	14 346 000	14 369 000	13 591 000
Total Equity	9 174 000	8 448 000	9 024 000	8 606 000

Income (NOK)	2022	2021	2020	2019
Revenue	557 000	500 000	495 000	774 000
Expenditure	507 000	578 000	549 000	692 000
Operating Profit	51 000	−77 000	−54 000	82 000
Financial Income	2 084 000	2 558 000	2 251 000	2 320 000
Financial Costs	94 000	76 000	104 000	127 000
Financial Balance	1 990 000	2 482 000	2 147 000	2 193 000
Earnings Before Tax	2 040 000	2 405 000	2 093 000	2 274 000
Tax	−2 000	−19 000	−20 000	5 000
Net Income	2 042 000	2 424 000	2 113 000	2 269 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 577 000	9 990 000	10 329 000	10 529 000
Total Current Assets	3 740 000	4 356 000	4 040 000	3 061 000
Total Assets	13 318 000	14 346 000	14 369 000	13 591 000
Total Retained Equity	8 728 000	8 002 000	8 578 000	8 160 000
Total Equity	9 174 000	8 448 000	9 024 000	8 606 000
Total Long-Term Debt	2 579 000	2 848 000	3 117 000	3 386 000
Total Current Debt	1 565 000	3 050 000	2 228 000	1 598 000
Total Equity and Debt	13 318 000	14 346 000	14 369 000	13 591 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	27 000	46 000	269 000
Other Income	557 000	473 000	449 000	505 000
Revenue	557 000	500 000	495 000	774 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	1 000	0	57 000
Depreciation	220 000	218 000	220 000	220 000
Impairment	0	0	0	0
Expenditure	507 000	578 000	549 000	692 000
Operating Profit	51 000	−77 000	−54 000	82 000
Financial Income	2 084 000	2 558 000	2 251 000	2 320 000
Financial Costs	94 000	76 000	104 000	127 000
Financial Balance	1 990 000	2 482 000	2 147 000	2 193 000
Dividends	1 316 000	3 000 000	1 694 000	659 000
Net Income	2 042 000	2 424 000	2 113 000	2 269 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	451 000	450 000	431 000	411 000
Real Eastate	6 919 000	7 078 000	7 237 000	7 396 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	351 000	290 000	349 000	410 000
Total Tangible Assets	7 270 000	7 368 000	7 586 000	7 806 000
Total Fiancial Fixed Assets	1 856 000	2 172 000	2 312 000	2 312 000
Total Fixed Assets	9 577 000	9 990 000	10 329 000	10 529 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 000	636 000	70 000	11 000
Total Current Assets	3 740 000	4 356 000	4 040 000	3 061 000
Total Assets	13 318 000	14 346 000	14 369 000	13 591 000
Total Equity	9 174 000	8 448 000	9 024 000	8 606 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 579 000	2 848 000	3 117 000	3 386 000
Creditors	3 000	32 000	15 000	15 000
Unpaid Taxes	1 000	1 000	0	18 000
Dividends	1 316 000	3 000 000	1 694 000	659 000
Other Current Debt	246 000	18 000	518 000	906 000
Total Current Debt	1 565 000	3 050 000	2 228 000	1 598 000
Total Equity and Debt	13 318 000	14 346 000	14 369 000	13 591 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,26 %	28,69 %	23,42 %	26,37 %
Debt-to-Equity Ratio	0,28	0,34	0,35	0,39
Operating Profit Margin	9,16 %	−15,4 %	−10,91 %	10,59 %
Current Ratio	2,39	1,43	1,81	1,92
Quick Ratio	2,39	1,43	1,81	1,92
Equity Ratio	0,69	0,59	0,63	0,63
Gross Profit Margin	100 %	100 %	100 %	100 %