BRØDRENE KLOVNINGS REDERI AS

5525 HAUGESUND

Finances

Return on Equity

40,91 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 535 000	7 624 000	5 470 000	5 496 000
Net Income	5 384 000	2 845 000	1 453 000	909 000
Total Assets	22 449 000	17 268 000	14 879 000	13 473 000
Total Equity	13 159 000	7 775 000	4 930 000	3 477 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 535 000	7 624 000	5 470 000	5 496 000
Expenditure	5 516 000	4 521 000	4 534 000	4 913 000
Operating Profit	5 019 000	3 103 000	936 000	582 000
Financial Income	507 000	139 000	541 000	530 000
Financial Costs	145 000	400 000	27 000	230 000
Financial Balance	362 000	−261 000	514 000	300 000
Earnings Before Tax	5 381 000	2 842 000	1 450 000	882 000
Tax	−3 000	−3 000	−3 000	−27 000
Net Income	5 384 000	2 845 000	1 453 000	909 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 885 000	10 053 000	8 150 000	6 978 000
Total Current Assets	7 564 000	7 216 000	6 729 000	6 495 000
Total Assets	22 449 000	17 268 000	14 879 000	13 473 000
Total Retained Equity	3 853 000	−1 532 000	−4 377 000	−5 829 000
Total Equity	13 159 000	7 775 000	4 930 000	3 477 000
Total Long-Term Debt	3 722 000	3 916 000	3 850 000	3 519 000
Total Current Debt	5 567 000	5 577 000	6 099 000	6 476 000
Total Equity and Debt	22 449 000	17 268 000	14 879 000	13 473 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	5 711 000	0	0
Other Income	10 535 000	1 913 000	5 470 000	5 496 000
Revenue	10 535 000	7 624 000	5 470 000	5 496 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 454 000	3 784 000	3 881 000	4 237 000
Depreciation	59 000	59 000	54 000	49 000
Impairment	0	0	0	0
Expenditure	5 516 000	4 521 000	4 534 000	4 913 000
Operating Profit	5 019 000	3 103 000	936 000	582 000
Financial Income	507 000	139 000	541 000	530 000
Financial Costs	145 000	400 000	27 000	230 000
Financial Balance	362 000	−261 000	514 000	300 000
Dividends	0	0	0	0
Net Income	5 384 000	2 845 000	1 453 000	909 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	62 000	58 000	54 000	50 000
Real Eastate	917 000	955 000	993 000	1 031 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	49 000	70 000	38 000
Total Tangible Assets	944 000	1 003 000	1 062 000	1 068 000
Total Fiancial Fixed Assets	13 878 000	8 991 000	7 034 000	5 859 000
Total Fixed Assets	14 885 000	10 053 000	8 150 000	6 978 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 287 000	2 798 000	814 000	987 000
Total Current Assets	7 564 000	7 216 000	6 729 000	6 495 000
Total Assets	22 449 000	17 268 000	14 879 000	13 473 000
Total Equity	13 159 000	7 775 000	4 930 000	3 477 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 722 000	3 916 000	3 850 000	3 519 000
Creditors	226 000	128 000	123 000	189 000
Unpaid Taxes	1 317 000	1 008 000	1 164 000	1 038 000
Dividends	0	0	0	0
Other Current Debt	4 024 000	4 440 000	4 812 000	5 248 000
Total Current Debt	5 567 000	5 577 000	6 099 000	6 476 000
Total Equity and Debt	22 449 000	17 268 000	14 879 000	13 473 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,91 %	36,59 %	29,47 %	26,14 %
Debt-to-Equity Ratio	0,28	0,5	0,78	1,01
Operating Profit Margin	47,64 %	40,7 %	17,11 %	10,59 %
Current Ratio	1,36	1,29	1,1	1
Quick Ratio	1,36	1,29	1,1	1
Equity Ratio	0,59	0,45	0,33	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %