KVERNELAND BIL VEST AS

4313 SANDNES

Finances

Return on Equity

14,55 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	447 513 000	340 485 000	304 926 000	307 211 000
Net Income	7 835 000	12 739 000	8 796 000	4 420 000
Total Assets	203 346 000	112 956 000	123 142 000	126 484 000
Total Equity	53 861 000	37 398 000	24 659 000	43 863 000

Income (NOK)	2022	2021	2020	2019
Revenue	447 513 000	340 485 000	304 926 000	307 211 000
Expenditure	435 477 000	323 036 000	292 879 000	300 290 000
Operating Profit	12 037 000	17 449 000	12 047 000	6 920 000
Financial Income	162 000	266 000	250 000	302 000
Financial Costs	2 271 000	1 383 000	1 005 000	1 563 000
Financial Balance	−2 109 000	−1 117 000	−755 000	−1 261 000
Earnings Before Tax	9 927 000	16 332 000	11 292 000	5 660 000
Tax	2 092 000	3 593 000	2 496 000	1 240 000
Net Income	7 835 000	12 739 000	8 796 000	4 420 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 507 000	21 826 000	10 956 000	7 612 000
Total Current Assets	175 840 000	91 130 000	112 186 000	118 872 000
Total Assets	203 346 000	112 956 000	123 142 000	126 484 000
Total Retained Equity	32 123 000	15 700 000	2 961 000	22 165 000
Total Equity	53 861 000	37 398 000	24 659 000	43 863 000
Total Long-Term Debt	17 584 000	34 389 000	5 844 000	32 276 000
Total Current Debt	131 901 000	41 168 000	92 639 000	50 345 000
Total Equity and Debt	203 346 000	112 956 000	123 142 000	126 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	441 711 000	335 812 000	300 539 000	302 911 000
Other Income	5 802 000	4 673 000	4 387 000	4 300 000
Revenue	447 513 000	340 485 000	304 926 000	307 211 000
Cost of Goods Sold	369 132 000	275 325 000	250 579 000	257 140 000
Salary Costs	39 489 000	28 326 000	27 065 000	26 345 000
Depreciation	2 431 000	1 497 000	1 372 000	1 370 000
Impairment	0	0	0	0
Expenditure	435 477 000	323 036 000	292 879 000	300 290 000
Operating Profit	12 037 000	17 449 000	12 047 000	6 920 000
Financial Income	162 000	266 000	250 000	302 000
Financial Costs	2 271 000	1 383 000	1 005 000	1 563 000
Financial Balance	−2 109 000	−1 117 000	−755 000	−1 261 000
Dividends	0	0	28 000 000	0
Net Income	7 835 000	12 739 000	8 796 000	4 420 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 113 000	1 499 000	1 048 000	538 000
Real Eastate	14 143 000	11 443 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 138 000	8 799 000	5 161 000	6 834 000
Total Tangible Assets	25 281 000	20 242 000	5 161 000	6 834 000
Total Fiancial Fixed Assets	113 000	84 000	4 747 000	240 000
Total Fixed Assets	27 507 000	21 826 000	10 956 000	7 612 000
Stock	130 462 000	46 034 000	50 686 000	66 300 000
Total Investments	0	8 640 000	8 524 000	8 214 000
Cash, Bank	14 237 000	20 601 000	34 462 000	11 033 000
Total Current Assets	175 840 000	91 130 000	112 186 000	118 872 000
Total Assets	203 346 000	112 956 000	123 142 000	126 484 000
Total Equity	53 861 000	37 398 000	24 659 000	43 863 000
Short-Term Group Debt	131 000	0	0	0
Total Long-Term Debt	17 584 000	34 389 000	5 844 000	32 276 000
Creditors	87 651 000	21 548 000	46 683 000	31 271 000
Unpaid Taxes	5 838 000	4 962 000	2 852 000	7 289 000
Dividends	0	0	28 000 000	0
Other Current Debt	35 862 000	10 613 000	12 098 000	10 130 000
Total Current Debt	131 901 000	41 168 000	92 639 000	50 345 000
Total Equity and Debt	203 346 000	112 956 000	123 142 000	126 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,55 %	34,06 %	35,67 %	10,08 %
Debt-to-Equity Ratio	0,33	0,92	0,24	0,74
Operating Profit Margin	2,69 %	5,12 %	3,95 %	2,25 %
Current Ratio	1,33	2,21	1,21	2,36
Quick Ratio	122,2	−18,73	2,67	−7,45
Equity Ratio	0,26	0,33	0,2	0,35
Gross Profit Margin	17,51 %	19,14 %	17,82 %	16,3 %