KLEVEN MARITIME TECHNOLOGY AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

46,21 %

Current Ratio

4,75

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2018	2017	2016	2015
Revenue	7 252 000	6 227 000	8 168 000	7 030 000
Net Income	1 781 000	235 000	1 535 000	−1 314 000
Total Assets	5 044 000	3 838 000	5 016 000	5 614 000
Total Equity	3 854 000	2 073 000	1 837 000	302 000

Income (NOK)	2018	2017	2016	2015
Revenue	7 252 000	6 227 000	8 168 000	7 030 000
Expenditure	5 458 000	4 576 000	5 695 000	5 707 000
Operating Profit	1 794 000	1 651 000	2 474 000	1 323 000
Financial Income	14 000	7 000	10 000	13 000
Financial Costs	27 000	82 000	305 000	2 186 000
Financial Balance	−13 000	−75 000	−295 000	−2 173 000
Earnings Before Tax	1 781 000	1 576 000	2 179 000	−850 000
Tax	0	1 340 000	643 000	465 000
Net Income	1 781 000	235 000	1 535 000	−1 314 000

Balance (NOK)	2018	2017	2016	2015
Total Fixed Assets	60 000	7 000	1 353 000	2 002 000
Total Current Assets	4 983 000	3 831 000	3 663 000	3 612 000
Total Assets	5 044 000	3 838 000	5 016 000	5 614 000
Total Retained Equity	−7 846 000	−9 627 000	−9 863 000	−11 398 000
Total Equity	3 854 000	2 073 000	1 837 000	302 000
Total Long-Term Debt	140 000	1 126 000	2 250 000	3 450 000
Total Current Debt	1 050 000	639 000	929 000	1 862 000
Total Equity and Debt	5 044 000	3 838 000	5 016 000	5 614 000

Cash flow (NOK)	2018	2017	2016	2015
Sales Income	7 252 000	6 227 000	8 168 000	7 030 000
Other Income	0	0	0	0
Revenue	7 252 000	6 227 000	8 168 000	7 030 000
Cost of Goods Sold	500 000	958 000	1 772 000	1 601 000
Salary Costs	4 537 000	3 145 000	3 085 000	2 811 000
Depreciation	6 000	6 000	6 000	183 000
Impairment	0	0	0	448 000
Expenditure	5 458 000	4 576 000	5 695 000	5 707 000
Operating Profit	1 794 000	1 651 000	2 474 000	1 323 000
Financial Income	14 000	7 000	10 000	13 000
Financial Costs	27 000	82 000	305 000	2 186 000
Financial Balance	−13 000	−75 000	−295 000	−2 173 000
Dividends	0	0	0	0
Net Income	1 781 000	235 000	1 535 000	−1 314 000

Balance details (NOK)	2018	2017	2016	2015
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 340 000	1 984 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	59 000	0	0	0
Fixtures	1 000	7 000	13 000	18 000
Total Tangible Assets	60 000	7 000	13 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	60 000	7 000	1 353 000	2 002 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 233 000	3 339 000	2 628 000	2 916 000
Total Current Assets	4 983 000	3 831 000	3 663 000	3 612 000
Total Assets	5 044 000	3 838 000	5 016 000	5 614 000
Total Equity	3 854 000	2 073 000	1 837 000	302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	140 000	1 126 000	2 250 000	3 450 000
Creditors	249 000	89 000	418 000	474 000
Unpaid Taxes	401 000	232 000	237 000	683 000
Dividends	0	0	0	0
Other Current Debt	400 000	317 000	274 000	705 000
Total Current Debt	1 050 000	639 000	929 000	1 862 000
Total Equity and Debt	5 044 000	3 838 000	5 016 000	5 614 000

Financial indicators	2018	2017	2016	2015
Return on Equity	46,21 %	11,34 %	83,56 %	−435,1 %
Debt-to-Equity Ratio	0,04	0,54	1,22	11,42
Operating Profit Margin	24,74 %	26,51 %	30,29 %	18,82 %
Current Ratio	4,75	6	3,94	1,94
Quick Ratio	4,75	6	3,94	1,94
Equity Ratio	0,76	0,54	0,37	0,05
Gross Profit Margin	93,11 %	84,62 %	78,31 %	77,23 %