KVIKNE BILBERGING AS

2512 KVIKNE

Finances

Share Ownership

Return on Equity

32,88 %

Current Ratio

0,38

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	886 000	731 000	810 000	790 000
Net Income	171 000	−54 000	148 000	−81 000
Total Assets	823 000	960 000	1 097 000	1 321 000
Total Equity	520 000	350 000	404 000	255 000

Income (NOK)	2022	2021	2020	2019
Revenue	886 000	731 000	810 000	790 000
Expenditure	646 000	748 000	629 000	803 000
Operating Profit	241 000	−16 000	182 000	−13 000
Financial Income	5 000	0	0	0
Financial Costs	34 000	46 000	25 000	68 000
Financial Balance	−29 000	−46 000	−25 000	−68 000
Earnings Before Tax	212 000	−63 000	157 000	−81 000
Tax	41 000	−9 000	9 000	0
Net Income	171 000	−54 000	148 000	−81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	733 000	908 000	1 127 000	1 263 000
Total Current Assets	91 000	51 000	−30 000	58 000
Total Assets	823 000	960 000	1 097 000	1 321 000
Total Retained Equity	420 000	250 000	304 000	155 000
Total Equity	520 000	350 000	404 000	255 000
Total Long-Term Debt	66 000	335 000	636 000	961 000
Total Current Debt	237 000	274 000	57 000	104 000
Total Equity and Debt	823 000	960 000	1 097 000	1 321 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	810 000	731 000	810 000	790 000
Other Income	77 000	0	0	0
Revenue	886 000	731 000	810 000	790 000
Cost of Goods Sold	18 000	0	9 000	4 000
Salary Costs	13 000	−10 000	0	106 000
Depreciation	176 000	176 000	177 000	196 000
Impairment	0	0	0	0
Expenditure	646 000	748 000	629 000	803 000
Operating Profit	241 000	−16 000	182 000	−13 000
Financial Income	5 000	0	0	0
Financial Costs	34 000	46 000	25 000	68 000
Financial Balance	−29 000	−46 000	−25 000	−68 000
Dividends	0	0	0	0
Net Income	171 000	−54 000	148 000	−81 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	733 000	908 000	1 084 000	1 261 000
Total Tangible Assets	733 000	908 000	1 084 000	1 261 000
Total Fiancial Fixed Assets	0	0	42 000	2 000
Total Fixed Assets	733 000	908 000	1 127 000	1 263 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	−30 000	19 000
Total Current Assets	91 000	51 000	−30 000	58 000
Total Assets	823 000	960 000	1 097 000	1 321 000
Total Equity	520 000	350 000	404 000	255 000
Short-Term Group Debt	0	0	0	9 000
Total Long-Term Debt	66 000	335 000	636 000	961 000
Creditors	44 000	132 000	−2 000	65 000
Unpaid Taxes	90 000	24 000	29 000	30 000
Dividends	0	0	0	0
Other Current Debt	70 000	68 000	10 000	0
Total Current Debt	237 000	274 000	57 000	104 000
Total Equity and Debt	823 000	960 000	1 097 000	1 321 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,88 %	−15,43 %	36,63 %	−31,76 %
Debt-to-Equity Ratio	0,13	0,96	1,57	3,77
Operating Profit Margin	27,2 %	−2,19 %	22,47 %	−1,65 %
Current Ratio	0,38	0,19	−0,53	0,56
Quick Ratio	0,38	0,19	−0,53	0,56
Equity Ratio	0,63	0,36	0,37	0,19
Gross Profit Margin	97,97 %	100 %	98,89 %	99,49 %