KVERNVIK BRUK PAKNINGSFABRIKK AS

4950 RISØR

Finances

Share Ownership

Return on Equity

−36,78 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 384 000	1 963 000	2 028 000	2 388 000
Net Income	−89 000	4 000	−34 000	−8 000
Total Assets	1 035 000	995 000	833 000	904 000
Total Equity	242 000	332 000	328 000	362 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 384 000	1 963 000	2 028 000	2 388 000
Expenditure	2 452 000	1 922 000	2 031 000	2 268 000
Operating Profit	−57 000	30 000	−12 000	62 000
Financial Income	2 000	0	4 000	4 000
Financial Costs	34 000	26 000	27 000	28 000
Financial Balance	−32 000	−26 000	−23 000	−24 000
Earnings Before Tax	−89 000	4 000	−34 000	37 000
Tax	0	0	0	46 000
Net Income	−89 000	4 000	−34 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 035 000	995 000	833 000	904 000
Total Assets	1 035 000	995 000	833 000	904 000
Total Retained Equity	90 000	180 000	176 000	210 000
Total Equity	242 000	332 000	328 000	362 000
Total Long-Term Debt	10 000	5 000	0	0
Total Current Debt	783 000	659 000	505 000	542 000
Total Equity and Debt	1 035 000	995 000	833 000	904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 384 000	1 963 000	2 018 000	2 388 000
Other Income	0	0	10 000	0
Revenue	2 384 000	1 963 000	2 028 000	2 388 000
Cost of Goods Sold	1 129 000	814 000	842 000	1 039 000
Salary Costs	737 000	586 000	619 000	714 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 452 000	1 922 000	2 031 000	2 268 000
Operating Profit	−57 000	30 000	−12 000	62 000
Financial Income	2 000	0	4 000	4 000
Financial Costs	34 000	26 000	27 000	28 000
Financial Balance	−32 000	−26 000	−23 000	−24 000
Dividends	0	0	0	0
Net Income	−89 000	4 000	−34 000	−8 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	692 000	690 000	687 000	689 000
Total Investments	0	0	0	0
Cash, Bank	32 000	14 000	14 000	16 000
Total Current Assets	1 035 000	995 000	833 000	904 000
Total Assets	1 035 000	995 000	833 000	904 000
Total Equity	242 000	332 000	328 000	362 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	5 000	0	0
Creditors	239 000	147 000	93 000	88 000
Unpaid Taxes	82 000	99 000	82 000	87 000
Dividends	0	0	0	0
Other Current Debt	69 000	60 000	51 000	59 000
Total Current Debt	783 000	659 000	505 000	542 000
Total Equity and Debt	1 035 000	995 000	833 000	904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,78 %	1,2 %	−10,37 %	−2,21 %
Debt-to-Equity Ratio	0,04	0,02	0	0
Operating Profit Margin	−2,39 %	1,53 %	−0,59 %	2,6 %
Current Ratio	1,32	1,51	1,65	1,67
Quick Ratio	11,37	−32,1	−4,58	−6,15
Equity Ratio	0,23	0,33	0,39	0,4
Gross Profit Margin	52,64 %	58,53 %	58,48 %	56,49 %