KLAVENES INDUSTRISERVICE AS

3085 HOLMESTRAND

Finances

Share Ownership

Return on Equity

120,69 %

Current Ratio

1,14

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 544 000	38 105 000	32 865 000	30 164 000
Net Income	2 298 000	2 240 000	1 805 000	−253 000
Total Assets	11 125 000	11 540 000	10 340 000	12 206 000
Total Equity	1 904 000	1 907 000	3 167 000	1 448 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 544 000	38 105 000	32 865 000	30 164 000
Expenditure	37 444 000	35 146 000	30 686 000	30 116 000
Operating Profit	3 100 000	2 959 000	2 178 000	48 000
Financial Income	0	53 000	51 000	20 000
Financial Costs	106 000	129 000	251 000	321 000
Financial Balance	−106 000	−76 000	−200 000	−301 000
Earnings Before Tax	2 994 000	2 883 000	1 978 000	−253 000
Tax	696 000	643 000	173 000	0
Net Income	2 298 000	2 240 000	1 805 000	−253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	929 000	998 000	1 214 000	1 114 000
Total Current Assets	10 196 000	10 541 000	9 126 000	11 092 000
Total Assets	11 125 000	11 540 000	10 340 000	12 206 000
Total Retained Equity	704 000	707 000	1 967 000	248 000
Total Equity	1 904 000	1 907 000	3 167 000	1 448 000
Total Long-Term Debt	269 000	526 000	936 000	630 000
Total Current Debt	8 951 000	9 107 000	6 237 000	10 129 000
Total Equity and Debt	11 125 000	11 540 000	10 340 000	12 206 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 385 000	38 105 000	32 651 000	29 960 000
Other Income	159 000	0	214 000	204 000
Revenue	40 544 000	38 105 000	32 865 000	30 164 000
Cost of Goods Sold	13 159 000	11 582 000	9 762 000	9 396 000
Salary Costs	16 718 000	15 848 000	13 286 000	14 355 000
Depreciation	495 000	421 000	342 000	264 000
Impairment	0	0	0	0
Expenditure	37 444 000	35 146 000	30 686 000	30 116 000
Operating Profit	3 100 000	2 959 000	2 178 000	48 000
Financial Income	0	53 000	51 000	20 000
Financial Costs	106 000	129 000	251 000	321 000
Financial Balance	−106 000	−76 000	−200 000	−301 000
Dividends	2 300 000	3 500 000	0	0
Net Income	2 298 000	2 240 000	1 805 000	−253 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	929 000	998 000	1 214 000	1 114 000
Total Tangible Assets	929 000	998 000	1 214 000	1 114 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	929 000	998 000	1 214 000	1 114 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 377 000	654 000	512 000	525 000
Total Current Assets	10 196 000	10 541 000	9 126 000	11 092 000
Total Assets	11 125 000	11 540 000	10 340 000	12 206 000
Total Equity	1 904 000	1 907 000	3 167 000	1 448 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	269 000	526 000	936 000	630 000
Creditors	2 335 000	1 980 000	2 762 000	3 246 000
Unpaid Taxes	2 076 000	2 014 000	1 669 000	1 702 000
Dividends	2 300 000	3 500 000	0	0
Other Current Debt	1 544 000	1 458 000	1 388 000	1 354 000
Total Current Debt	8 951 000	9 107 000	6 237 000	10 129 000
Total Equity and Debt	11 125 000	11 540 000	10 340 000	12 206 000

Financial indicators	2022	2021	2020	2019
Return on Equity	120,69 %	117,46 %	56,99 %	−17,47 %
Debt-to-Equity Ratio	0,14	0,28	0,3	0,44
Operating Profit Margin	7,65 %	7,77 %	6,63 %	0,16 %
Current Ratio	1,14	1,16	1,46	1,1
Quick Ratio	1,14	1,16	1,46	1,1
Equity Ratio	0,17	0,17	0,31	0,12
Gross Profit Margin	67,54 %	69,61 %	70,3 %	68,85 %