KVANDE & NORDVIK MØBELFABRIKK AS

6640 KVANNE

Finances

Return on Equity

5,27 %

Current Ratio

4,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 299 000	15 033 000	13 742 000	14 468 000
Net Income	588 000	−109 000	638 000	226 000
Total Assets	13 904 000	12 398 000	13 093 000	12 370 000
Total Equity	11 161 000	10 847 000	10 956 000	10 591 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 299 000	15 033 000	13 742 000	14 468 000
Expenditure	15 574 000	15 459 000	13 430 000	14 586 000
Operating Profit	555 000	−219 000	572 000	18 000
Financial Income	115 000	116 000	191 000	214 000
Financial Costs	6 000	7 000	8 000	6 000
Financial Balance	109 000	109 000	183 000	208 000
Earnings Before Tax	665 000	−109 000	755 000	226 000
Tax	77 000	0	118 000	0
Net Income	588 000	−109 000	638 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 490 000	1 747 000	1 956 000	2 402 000
Total Current Assets	12 414 000	10 651 000	11 137 000	9 968 000
Total Assets	13 904 000	12 398 000	13 093 000	12 370 000
Total Retained Equity	11 061 000	10 747 000	10 856 000	10 491 000
Total Equity	11 161 000	10 847 000	10 956 000	10 591 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 743 000	1 552 000	2 137 000	1 778 000
Total Equity and Debt	13 904 000	12 398 000	13 093 000	12 370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 299 000	14 939 000	13 627 000	14 468 000
Other Income	0	94 000	115 000	0
Revenue	16 299 000	15 033 000	13 742 000	14 468 000
Cost of Goods Sold	6 431 000	5 973 000	4 919 000	5 362 000
Salary Costs	5 333 000	5 104 000	4 535 000	4 577 000
Depreciation	73 000	26 000	25 000	47 000
Impairment	0	0	0	0
Expenditure	15 574 000	15 459 000	13 430 000	14 586 000
Operating Profit	555 000	−219 000	572 000	18 000
Financial Income	115 000	116 000	191 000	214 000
Financial Costs	6 000	7 000	8 000	6 000
Financial Balance	109 000	109 000	183 000	208 000
Dividends	0	0	0	0
Net Income	588 000	−109 000	638 000	226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	95 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	396 000	469 000	13 000	38 000
Total Tangible Assets	396 000	469 000	13 000	38 000
Total Fiancial Fixed Assets	999 000	1 279 000	1 943 000	2 364 000
Total Fixed Assets	1 490 000	1 747 000	1 956 000	2 402 000
Stock	2 003 000	2 249 000	1 887 000	1 637 000
Total Investments	0	0	0	0
Cash, Bank	9 579 000	7 949 000	8 858 000	7 647 000
Total Current Assets	12 414 000	10 651 000	11 137 000	9 968 000
Total Assets	13 904 000	12 398 000	13 093 000	12 370 000
Total Equity	11 161 000	10 847 000	10 956 000	10 591 000
Short-Term Group Debt	350 000	0	350 000	0
Total Long-Term Debt	0	0	0	0
Creditors	896 000	314 000	498 000	570 000
Unpaid Taxes	798 000	540 000	633 000	557 000
Dividends	0	0	0	0
Other Current Debt	699 000	698 000	616 000	651 000
Total Current Debt	2 743 000	1 552 000	2 137 000	1 778 000
Total Equity and Debt	13 904 000	12 398 000	13 093 000	12 370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,27 %	−1 %	5,82 %	2,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,41 %	−1,46 %	4,16 %	0,12 %
Current Ratio	4,53	6,86	5,21	5,61
Quick Ratio	16,78	−15,28	44,55	70,7
Equity Ratio	0,8	0,87	0,84	0,86
Gross Profit Margin	60,54 %	60,27 %	64,2 %	62,94 %