STANGESKOVENE KVÆRNER AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

32,69 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 917 000	59 273 000	54 433 000	45 520 000
Net Income	3 043 000	1 854 000	3 226 000	441 000
Total Assets	20 793 000	19 682 000	20 920 000	16 379 000
Total Equity	9 309 000	9 894 000	10 209 000	10 735 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 917 000	59 273 000	54 433 000	45 520 000
Expenditure	62 995 000	56 914 000	50 369 000	45 006 000
Operating Profit	3 922 000	2 360 000	4 065 000	515 000
Financial Income	39 000	41 000	78 000	138 000
Financial Costs	35 000	16 000	0	11 000
Financial Balance	4 000	25 000	78 000	127 000
Earnings Before Tax	3 925 000	2 386 000	4 142 000	641 000
Tax	882 000	532 000	917 000	200 000
Net Income	3 043 000	1 854 000	3 226 000	441 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	678 000	893 000	1 067 000	1 255 000
Total Current Assets	20 115 000	18 790 000	19 853 000	15 124 000
Total Assets	20 793 000	19 682 000	20 920 000	16 379 000
Total Retained Equity	1 309 000	1 894 000	2 209 000	2 735 000
Total Equity	9 309 000	9 894 000	10 209 000	10 735 000
Total Long-Term Debt	289 000	431 000	510 000	683 000
Total Current Debt	11 195 000	9 358 000	10 201 000	4 961 000
Total Equity and Debt	20 793 000	19 682 000	20 920 000	16 379 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 917 000	59 273 000	54 433 000	45 430 000
Other Income	0	0	0	90 000
Revenue	66 917 000	59 273 000	54 433 000	45 520 000
Cost of Goods Sold	47 920 000	41 897 000	36 960 000	32 094 000
Salary Costs	8 172 000	8 358 000	7 284 000	6 834 000
Depreciation	219 000	233 000	227 000	267 000
Impairment	0	0	0	0
Expenditure	62 995 000	56 914 000	50 369 000	45 006 000
Operating Profit	3 922 000	2 360 000	4 065 000	515 000
Financial Income	39 000	41 000	78 000	138 000
Financial Costs	35 000	16 000	0	11 000
Financial Balance	4 000	25 000	78 000	127 000
Dividends	0	0	0	0
Net Income	3 043 000	1 854 000	3 226 000	441 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	393 000	477 000	561 000	606 000
Machinery and Plant Facilities	21 000	39 000	85 000	131 000
Fixtures	264 000	377 000	422 000	518 000
Total Tangible Assets	678 000	893 000	1 067 000	1 255 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	678 000	893 000	1 067 000	1 255 000
Stock	9 250 000	10 642 000	7 761 000	7 719 000
Total Investments	0	0	0	0
Cash, Bank	26 000	24 000	30 000	420 000
Total Current Assets	20 115 000	18 790 000	19 853 000	15 124 000
Total Assets	20 793 000	19 682 000	20 920 000	16 379 000
Total Equity	9 309 000	9 894 000	10 209 000	10 735 000
Short-Term Group Debt	5 098 000	3 439 000	4 937 000	534 000
Total Long-Term Debt	289 000	431 000	510 000	683 000
Creditors	1 285 000	1 587 000	2 041 000	1 796 000
Unpaid Taxes	2 197 000	1 583 000	1 446 000	876 000
Dividends	0	0	0	0
Other Current Debt	2 615 000	2 749 000	1 746 000	1 460 000
Total Current Debt	11 195 000	9 358 000	10 201 000	4 961 000
Total Equity and Debt	20 793 000	19 682 000	20 920 000	16 379 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,69 %	18,74 %	31,6 %	4,11 %
Debt-to-Equity Ratio	0,03	0,04	0,05	0,06
Operating Profit Margin	5,86 %	3,98 %	7,47 %	1,13 %
Current Ratio	1,8	2,01	1,95	3,05
Quick Ratio	10,34	−14,63	8,14	−5,48
Equity Ratio	0,45	0,5	0,49	0,66
Gross Profit Margin	28,39 %	29,32 %	32,1 %	29,49 %