KVINESDAL SPAREBANK

4480 KVINESDAL

Finances

Return on Equity

11,68 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 788 000	64 319 000	65 626 000	73 936 000
Net Income	57 620 000	26 842 000	3 458 000	19 634 000
Total Assets	3 280 084 000	2 971 434 000	2 923 041 000	2 878 329 000
Total Equity	493 515 000	444 741 000	420 123 000	332 234 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 788 000	64 319 000	65 626 000	73 936 000
Expenditure	53 934 000	46 846 000	50 650 000	42 899 000
Operating Profit	31 030 000	25 908 000	23 247 000	31 037 000
Financial Income	0	0	0	0
Financial Costs	758 000	−1 999 000	26 270 000	6 085 000
Financial Balance	−758 000	1 999 000	−26 270 000	−6 085 000
Earnings Before Tax	30 272 000	27 907 000	−3 023 000	24 952 000
Tax	−5 196 000	−3 835 000	2 102 000	5 318 000
Net Income	57 620 000	26 842 000	3 458 000	19 634 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	201 982 000	239 641 000	236 311 000	137 555 000
Total Current Assets	3 003 430 000	2 718 423 000	2 672 178 000	2 730 021 000
Total Assets	3 280 084 000	2 971 434 000	2 923 041 000	2 878 329 000
Total Retained Equity	388 673 000	339 899 000	315 281 000	272 392 000
Total Equity	493 515 000	444 741 000	420 123 000	332 234 000
Total Long-Term Debt	61 121 000	59 227 000	51 915 000	96 779 000
Total Current Debt	2 707 560 000	2 453 605 000	2 438 199 000	2 449 315 000
Total Equity and Debt	3 280 086 000	2 971 434 000	2 923 041 000	154 849 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	75 788 000	64 319 000	65 626 000	73 936 000
Cost of Goods Sold	0	0	0	0
Salary Costs	22 581 000	18 062 000	16 133 000	16 614 000
Depreciation	3 612 000	3 676 000	6 465 000	2 474 000
Impairment	−465 000	−250 000	0	0
Expenditure	53 934 000	46 846 000	50 650 000	42 899 000
Operating Profit	31 030 000	25 908 000	23 247 000	31 037 000
Financial Income	0	0	0	0
Financial Costs	758 000	−1 999 000	26 270 000	6 085 000
Financial Balance	−758 000	1 999 000	−26 270 000	−6 085 000
Dividends	0	0	0	0
Net Income	57 620 000	26 842 000	3 458 000	19 634 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	4 796 000
Real Eastate	0	0	0	4 304 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	4 274 000
Total Tangible Assets	28 323 000	30 627 000	24 533 000	8 578 000
Total Fiancial Fixed Assets	173 659 000	209 014 000	211 778 000	124 181 000
Total Fixed Assets	201 982 000	239 641 000	236 311 000	137 555 000
Stock	0	0	0	0
Total Investments	392 917 000	302 122 000	262 798 000	271 934 000
Cash, Bank	0	0	0	0
Total Current Assets	3 003 430 000	2 718 423 000	2 672 178 000	2 730 021 000
Total Assets	3 280 084 000	2 971 434 000	2 923 041 000	2 878 329 000
Total Equity	493 515 000	444 741 000	420 123 000	332 234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	61 121 000	59 227 000	51 915 000	96 779 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 723 366 000	2 465 704 000	2 399 119 000	2 447 728 000
Total Current Debt	2 707 560 000	2 453 605 000	2 438 199 000	2 449 315 000
Total Equity and Debt	3 280 086 000	2 971 434 000	2 923 041 000	154 849 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,68 %	6,04 %	0,82 %	5,91 %
Debt-to-Equity Ratio	0,12	0,13	0,12	0,29
Operating Profit Margin	40,94 %	40,28 %	35,42 %	41,98 %
Current Ratio	1,11	1,11	1,1	1,11
Quick Ratio	1,11	1,11	1,1	1,11
Equity Ratio	0,15	0,15	0,14	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %