KVIKNEHYTTA AS

2512 KVIKNE

Finances

Return on Equity

6 068,75 %

Current Ratio

1,08

Debt-to-Equity Ratio

−185,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 146 000	9 197 000	10 221 000	14 134 000
Net Income	−971 000	222 000	−289 000	526 000
Total Assets	5 586 000	5 884 000	5 492 000	7 152 000
Total Equity	−16 000	955 000	733 000	1 022 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 146 000	9 197 000	10 221 000	14 134 000
Expenditure	8 961 000	8 684 000	10 097 000	12 192 000
Operating Profit	−760 000	447 000	−214 000	842 000
Financial Income	47 000	43 000	36 000	38 000
Financial Costs	258 000	213 000	200 000	213 000
Financial Balance	−211 000	−170 000	−164 000	−175 000
Earnings Before Tax	−971 000	277 000	−378 000	666 000
Tax	0	55 000	−89 000	140 000
Net Income	−971 000	222 000	−289 000	526 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 725 000	2 980 000	3 100 000	3 061 000
Total Current Assets	2 861 000	2 904 000	2 391 000	4 091 000
Total Assets	5 586 000	5 884 000	5 492 000	7 152 000
Total Retained Equity	−1 211 000	−240 000	−462 000	−173 000
Total Equity	−16 000	955 000	733 000	1 022 000
Total Long-Term Debt	2 961 000	3 230 000	3 463 000	3 586 000
Total Current Debt	2 642 000	1 699 000	1 295 000	2 544 000
Total Equity and Debt	5 586 000	5 884 000	5 492 000	7 152 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 146 000	9 197 000	10 221 000	14 134 000
Other Income	0	0	0	0
Revenue	8 146 000	9 197 000	10 221 000	14 134 000
Cost of Goods Sold	3 169 000	3 917 000	5 108 000	6 358 000
Salary Costs	4 450 000	3 526 000	3 740 000	4 539 000
Depreciation	219 000	184 000	199 000	229 000
Impairment	0	0	0	0
Expenditure	8 961 000	8 684 000	10 097 000	12 192 000
Operating Profit	−760 000	447 000	−214 000	842 000
Financial Income	47 000	43 000	36 000	38 000
Financial Costs	258 000	213 000	200 000	213 000
Financial Balance	−211 000	−170 000	−164 000	−175 000
Dividends	0	0	0	0
Net Income	−971 000	222 000	−289 000	526 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	732 000	732 000	787 000	698 000
Real Eastate	1 597 000	1 667 000	1 762 000	1 857 000
Machinery and Plant Facilities	137 000	240 000	150 000	221 000
Fixtures	64 000	82 000	141 000	16 000
Total Tangible Assets	1 798 000	1 989 000	2 052 000	2 094 000
Total Fiancial Fixed Assets	195 000	259 000	261 000	269 000
Total Fixed Assets	2 725 000	2 980 000	3 100 000	3 061 000
Stock	1 849 000	1 385 000	1 343 000	2 117 000
Total Investments	0	0	0	0
Cash, Bank	146 000	133 000	628 000	643 000
Total Current Assets	2 861 000	2 904 000	2 391 000	4 091 000
Total Assets	5 586 000	5 884 000	5 492 000	7 152 000
Total Equity	−16 000	955 000	733 000	1 022 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 961 000	3 230 000	3 463 000	3 586 000
Creditors	547 000	29 000	279 000	338 000
Unpaid Taxes	393 000	356 000	398 000	429 000
Dividends	0	0	0	0
Other Current Debt	818 000	665 000	617 000	1 777 000
Total Current Debt	2 642 000	1 699 000	1 295 000	2 544 000
Total Equity and Debt	5 586 000	5 884 000	5 492 000	7 152 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6 068,75 %	23,25 %	−39,43 %	51,47 %
Debt-to-Equity Ratio	−185,06	3,38	4,72	3,51
Operating Profit Margin	−9,33 %	4,86 %	−2,09 %	5,96 %
Current Ratio	1,08	1,71	1,85	1,61
Quick Ratio	3,61	9,25	−49,81	9,58
Equity Ratio	−0	0,16	0,13	0,14
Gross Profit Margin	61,1 %	57,41 %	50,02 %	55,02 %