KVARØY SMOLT AS

8626 MO I RANA

Finances

Share Ownership

Return on Equity

−30,92 %

Current Ratio

0,27

Debt-to-Equity Ratio

1,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 403 000	57 761 000	61 735 000	56 290 000
Net Income	−9 416 000	−7 821 000	5 232 000	1 224 000
Total Assets	337 282 000	195 341 000	106 464 000	90 602 000
Total Equity	30 455 000	39 871 000	27 578 000	20 555 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 403 000	57 761 000	61 735 000	56 290 000
Expenditure	74 164 000	59 851 000	59 478 000	52 668 000
Operating Profit	−9 431 000	−8 117 000	8 859 000	3 822 000
Financial Income	5 000	3 000	8 000	2 000
Financial Costs	2 640 000	1 902 000	2 119 000	2 285 000
Financial Balance	−2 635 000	−1 899 000	−2 111 000	−2 283 000
Earnings Before Tax	−12 065 000	−10 017 000	6 747 000	1 539 000
Tax	−2 649 000	−2 196 000	1 515 000	316 000
Net Income	−9 416 000	−7 821 000	5 232 000	1 224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	267 020 000	129 987 000	67 023 000	60 637 000
Total Current Assets	70 262 000	65 354 000	39 441 000	29 964 000
Total Assets	337 282 000	195 341 000	106 464 000	90 602 000
Total Retained Equity	291 000	9 707 000	17 529 000	12 297 000
Total Equity	30 455 000	39 871 000	27 578 000	20 555 000
Total Long-Term Debt	45 215 000	50 192 000	62 865 000	8 435 000
Total Current Debt	261 613 000	105 278 000	16 022 000	61 611 000
Total Equity and Debt	337 282 000	195 341 000	106 464 000	90 602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 403 000	57 751 000	61 613 000	56 290 000
Other Income	0	10 000	122 000	0
Revenue	60 403 000	57 761 000	61 735 000	56 290 000
Cost of Goods Sold	30 072 000	24 824 000	28 873 000	23 841 000
Salary Costs	10 938 000	9 811 000	9 670 000	8 640 000
Depreciation	6 266 000	4 093 000	2 479 000	2 522 000
Impairment	659 000	0	0	0
Expenditure	74 164 000	59 851 000	59 478 000	52 668 000
Operating Profit	−9 431 000	−8 117 000	8 859 000	3 822 000
Financial Income	5 000	3 000	8 000	2 000
Financial Costs	2 640 000	1 902 000	2 119 000	2 285 000
Financial Balance	−2 635 000	−1 899 000	−2 111 000	−2 283 000
Dividends	0	0	0	0
Net Income	−9 416 000	−7 821 000	5 232 000	1 224 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	245 811 000	42 591 000	190 000	35 553 000
Machinery and Plant Facilities	20 752 000	87 223 000	66 658 000	20 730 000
Fixtures	457 000	173 000	175 000	4 230 000
Total Tangible Assets	267 020 000	129 987 000	67 023 000	60 513 000
Total Fiancial Fixed Assets	0	0	0	124 000
Total Fixed Assets	267 020 000	129 987 000	67 023 000	60 637 000
Stock	33 008 000	28 798 000	34 812 000	27 995 000
Total Investments	0	0	0	0
Cash, Bank	604 000	787 000	422 000	309 000
Total Current Assets	70 262 000	65 354 000	39 441 000	29 964 000
Total Assets	337 282 000	195 341 000	106 464 000	90 602 000
Total Equity	30 455 000	39 871 000	27 578 000	20 555 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 215 000	50 192 000	62 865 000	8 435 000
Creditors	41 946 000	13 902 000	7 207 000	9 127 000
Unpaid Taxes	741 000	586 000	522 000	457 000
Dividends	0	0	0	0
Other Current Debt	1 268 000	1 107 000	2 083 000	26 207 000
Total Current Debt	261 613 000	105 278 000	16 022 000	61 611 000
Total Equity and Debt	337 282 000	195 341 000	106 464 000	90 602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,92 %	−19,62 %	18,97 %	5,95 %
Debt-to-Equity Ratio	1,48	1,26	2,28	0,41
Operating Profit Margin	−15,61 %	−14,05 %	14,35 %	6,79 %
Current Ratio	0,27	0,62	2,46	0,49
Quick Ratio	0,31	0,85	−2,1	0,89
Equity Ratio	0,09	0,2	0,26	0,23
Gross Profit Margin	50,21 %	57,02 %	53,23 %	57,65 %