KVINNHERAD ELEKTRO A/S

5470 ROSENDAL

Finances

Return on Equity

28,63 %

Current Ratio

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 887 000	55 077 000	73 205 000	96 627 000
Net Income	2 274 000	1 273 000	−1 729 000	−6 499 000
Total Assets	37 815 000	30 955 000	37 576 000	48 123 000
Total Equity	7 944 000	5 670 000	4 397 000	6 126 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 887 000	55 077 000	73 205 000	96 627 000
Expenditure	56 175 000	52 742 000	74 661 000	102 905 000
Operating Profit	3 711 000	2 334 000	−1 456 000	−6 278 000
Financial Income	96 000	57 000	105 000	11 000
Financial Costs	882 000	730 000	861 000	1 830 000
Financial Balance	−786 000	−673 000	−756 000	−1 819 000
Earnings Before Tax	2 925 000	1 662 000	−2 212 000	−8 097 000
Tax	651 000	389 000	−482 000	−1 597 000
Net Income	2 274 000	1 273 000	−1 729 000	−6 499 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 606 000	10 901 000	11 494 000	10 963 000
Total Current Assets	27 210 000	20 054 000	26 082 000	37 160 000
Total Assets	37 815 000	30 955 000	37 576 000	48 123 000
Total Retained Equity	7 840 000	5 566 000	4 293 000	6 023 000
Total Equity	7 944 000	5 670 000	4 397 000	6 126 000
Total Long-Term Debt	2 579 000	5 337 000	7 725 000	2 993 000
Total Current Debt	27 293 000	19 947 000	25 454 000	39 003 000
Total Equity and Debt	37 815 000	30 955 000	37 576 000	48 123 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 887 000	54 568 000	72 276 000	96 627 000
Other Income	0	509 000	929 000	0
Revenue	59 887 000	55 077 000	73 205 000	96 627 000
Cost of Goods Sold	29 028 000	21 054 000	39 415 000	62 816 000
Salary Costs	20 779 000	24 843 000	28 956 000	29 354 000
Depreciation	532 000	456 000	437 000	380 000
Impairment	0	0	0	0
Expenditure	56 175 000	52 742 000	74 661 000	102 905 000
Operating Profit	3 711 000	2 334 000	−1 456 000	−6 278 000
Financial Income	96 000	57 000	105 000	11 000
Financial Costs	882 000	730 000	861 000	1 830 000
Financial Balance	−786 000	−673 000	−756 000	−1 819 000
Dividends	0	0	0	0
Net Income	2 274 000	1 273 000	−1 729 000	−6 499 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 854 000	4 505 000	4 894 000	4 412 000
Real Eastate	266 000	253 000	374 000	495 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 544 000	971 000	1 055 000	962 000
Total Tangible Assets	1 810 000	1 224 000	1 429 000	1 457 000
Total Fiancial Fixed Assets	4 941 000	5 171 000	5 171 000	5 094 000
Total Fixed Assets	10 606 000	10 901 000	11 494 000	10 963 000
Stock	6 188 000	6 613 000	6 222 000	6 926 000
Total Investments	0	0	0	0
Cash, Bank	856 000	869 000	1 291 000	55 000
Total Current Assets	27 210 000	20 054 000	26 082 000	37 160 000
Total Assets	37 815 000	30 955 000	37 576 000	48 123 000
Total Equity	7 944 000	5 670 000	4 397 000	6 126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 579 000	5 337 000	7 725 000	2 993 000
Creditors	8 077 000	5 027 000	7 512 000	16 478 000
Unpaid Taxes	3 512 000	7 640 000	9 256 000	4 017 000
Dividends	0	0	0	0
Other Current Debt	4 971 000	4 179 000	5 169 000	7 049 000
Total Current Debt	27 293 000	19 947 000	25 454 000	39 003 000
Total Equity and Debt	37 815 000	30 955 000	37 576 000	48 123 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,63 %	22,45 %	−39,32 %	−106,09 %
Debt-to-Equity Ratio	0,32	0,94	1,76	0,49
Operating Profit Margin	6,2 %	4,24 %	−1,99 %	−6,5 %
Current Ratio	1	1,01	1,02	0,95
Quick Ratio	1,29	1,5	1,36	1,16
Equity Ratio	0,21	0,18	0,12	0,13
Gross Profit Margin	51,53 %	61,77 %	46,16 %	34,99 %