KVARØY HANDEL AS

8743 INDRE KVARØY

Finances

Return on Equity

27,09 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 207 000	4 934 000	3 708 000	3 637 000
Net Income	298 000	451 000	157 000	256 000
Total Assets	2 447 000	2 639 000	2 377 000	2 065 000
Total Equity	1 100 000	1 722 000	1 340 000	1 284 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 207 000	4 934 000	3 708 000	3 637 000
Expenditure	4 702 000	4 373 000	3 709 000	3 345 000
Operating Profit	369 000	574 000	191 000	262 000
Financial Income	13 000	12 000	10 000	60 000
Financial Costs	2 000	11 000	3 000	3 000
Financial Balance	11 000	1 000	7 000	57 000
Earnings Before Tax	380 000	575 000	199 000	319 000
Tax	81 000	124 000	42 000	63 000
Net Income	298 000	451 000	157 000	256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	715 000	842 000	284 000	248 000
Total Current Assets	1 732 000	1 797 000	2 093 000	1 817 000
Total Assets	2 447 000	2 639 000	2 377 000	2 065 000
Total Retained Equity	1 000 000	1 622 000	1 240 000	1 184 000
Total Equity	1 100 000	1 722 000	1 340 000	1 284 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 347 000	917 000	1 037 000	782 000
Total Equity and Debt	2 447 000	2 639 000	2 377 000	2 065 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 212 000	4 857 000	3 574 000	3 517 000
Other Income	−5 000	77 000	134 000	120 000
Revenue	5 207 000	4 934 000	3 708 000	3 637 000
Cost of Goods Sold	3 445 000	3 036 000	2 603 000	2 321 000
Salary Costs	571 000	615 000	718 000	696 000
Depreciation	127 000	57 000	18 000	34 000
Impairment	0	0	0	0
Expenditure	4 702 000	4 373 000	3 709 000	3 345 000
Operating Profit	369 000	574 000	191 000	262 000
Financial Income	13 000	12 000	10 000	60 000
Financial Costs	2 000	11 000	3 000	3 000
Financial Balance	11 000	1 000	7 000	57 000
Dividends	630 000	0	100 000	100 000
Net Income	298 000	451 000	157 000	256 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	9 000	31 000	35 000
Real Eastate	56 000	65 000	73 000	82 000
Machinery and Plant Facilities	397 000	496 000	0	4 000
Fixtures	125 000	145 000	52 000	0
Total Tangible Assets	578 000	705 000	126 000	86 000
Total Fiancial Fixed Assets	128 000	128 000	128 000	128 000
Total Fixed Assets	715 000	842 000	284 000	248 000
Stock	687 000	824 000	811 000	619 000
Total Investments	0	0	0	0
Cash, Bank	818 000	758 000	1 220 000	1 119 000
Total Current Assets	1 732 000	1 797 000	2 093 000	1 817 000
Total Assets	2 447 000	2 639 000	2 377 000	2 065 000
Total Equity	1 100 000	1 722 000	1 340 000	1 284 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	149 000	69 000	176 000	49 000
Unpaid Taxes	69 000	22 000	22 000	19 000
Dividends	630 000	0	100 000	100 000
Other Current Debt	499 000	744 000	701 000	595 000
Total Current Debt	1 347 000	917 000	1 037 000	782 000
Total Equity and Debt	2 447 000	2 639 000	2 377 000	2 065 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,09 %	26,19 %	11,72 %	19,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,09 %	11,63 %	5,15 %	7,2 %
Current Ratio	1,29	1,96	2,02	2,32
Quick Ratio	2,62	19,32	9,26	11,15
Equity Ratio	0,45	0,65	0,56	0,62
Gross Profit Margin	33,84 %	38,47 %	29,8 %	36,18 %