KVISTAD ELEKTRONIKK AS

9300 FINNSNES

Finances

Share Ownership

Return on Equity

23,47 %

Current Ratio

1,6

Debt-to-Equity Ratio

2,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 278 000	11 149 000	12 796 000	12 878 000
Net Income	223 000	−236 000	−735 000	−284 000
Total Assets	6 965 000	6 281 000	5 936 000	7 316 000
Total Equity	950 000	726 000	962 000	1 697 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 278 000	11 149 000	12 796 000	12 878 000
Expenditure	8 795 000	11 310 000	13 614 000	13 159 000
Operating Profit	482 000	−161 000	−819 000	−282 000
Financial Income	17 000	17 000	24 000	34 000
Financial Costs	212 000	157 000	147 000	110 000
Financial Balance	−195 000	−140 000	−123 000	−76 000
Earnings Before Tax	286 000	−301 000	−942 000	−358 000
Tax	63 000	−65 000	−207 000	−74 000
Net Income	223 000	−236 000	−735 000	−284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 186 000	1 253 000	1 196 000	1 005 000
Total Current Assets	5 780 000	5 028 000	4 741 000	6 311 000
Total Assets	6 965 000	6 281 000	5 936 000	7 316 000
Total Retained Equity	−1 060 000	−1 284 000	−1 048 000	−313 000
Total Equity	950 000	726 000	962 000	1 697 000
Total Long-Term Debt	2 412 000	2 384 000	2 788 000	2 449 000
Total Current Debt	3 604 000	3 170 000	2 186 000	3 170 000
Total Equity and Debt	6 965 000	6 281 000	5 936 000	7 316 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 278 000	11 104 000	12 793 000	12 878 000
Other Income	0	45 000	3 000	0
Revenue	9 278 000	11 149 000	12 796 000	12 878 000
Cost of Goods Sold	4 541 000	5 019 000	6 575 000	5 250 000
Salary Costs	3 051 000	4 482 000	5 008 000	5 709 000
Depreciation	4 000	8 000	16 000	31 000
Impairment	0	0	0	0
Expenditure	8 795 000	11 310 000	13 614 000	13 159 000
Operating Profit	482 000	−161 000	−819 000	−282 000
Financial Income	17 000	17 000	24 000	34 000
Financial Costs	212 000	157 000	147 000	110 000
Financial Balance	−195 000	−140 000	−123 000	−76 000
Dividends	0	0	0	0
Net Income	223 000	−236 000	−735 000	−284 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 186 000	1 249 000	1 184 000	977 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	4 000	12 000	28 000
Total Tangible Assets	0	4 000	12 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 186 000	1 253 000	1 196 000	1 005 000
Stock	3 871 000	3 671 000	2 878 000	3 197 000
Total Investments	0	0	0	0
Cash, Bank	110 000	121 000	165 000	246 000
Total Current Assets	5 780 000	5 028 000	4 741 000	6 311 000
Total Assets	6 965 000	6 281 000	5 936 000	7 316 000
Total Equity	950 000	726 000	962 000	1 697 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 412 000	2 384 000	2 788 000	2 449 000
Creditors	423 000	420 000	659 000	1 222 000
Unpaid Taxes	135 000	269 000	583 000	620 000
Dividends	0	0	0	0
Other Current Debt	358 000	482 000	748 000	837 000
Total Current Debt	3 604 000	3 170 000	2 186 000	3 170 000
Total Equity and Debt	6 965 000	6 281 000	5 936 000	7 316 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,47 %	−32,51 %	−76,4 %	−16,74 %
Debt-to-Equity Ratio	2,54	3,28	2,9	1,44
Operating Profit Margin	5,2 %	−1,44 %	−6,4 %	−2,19 %
Current Ratio	1,6	1,59	2,17	1,99
Quick Ratio	−21,65	−10,04	−6,85	−233,74
Equity Ratio	0,14	0,12	0,16	0,23
Gross Profit Margin	51,06 %	54,98 %	48,62 %	59,23 %