KVELDE RØRSERVICE AS

3282 KVELDE

Finances

Return on Equity

17,33 %

Current Ratio

3,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 757 000	3 387 000	3 100 000	4 223 000
Net Income	488 000	188 000	128 000	496 000
Total Assets	3 605 000	3 235 000	2 862 000	2 950 000
Total Equity	2 816 000	2 368 000	2 320 000	2 342 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 757 000	3 387 000	3 100 000	4 223 000
Expenditure	3 428 000	3 269 000	2 967 000	3 623 000
Operating Profit	330 000	229 000	134 000	599 000
Financial Income	245 000	26 000	28 000	33 000
Financial Costs	0	0	1 000	2 000
Financial Balance	245 000	26 000	27 000	31 000
Earnings Before Tax	575 000	254 000	161 000	630 000
Tax	87 000	66 000	33 000	134 000
Net Income	488 000	188 000	128 000	496 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	845 000	916 000	944 000	691 000
Total Current Assets	2 760 000	2 319 000	1 918 000	2 259 000
Total Assets	3 605 000	3 235 000	2 862 000	2 950 000
Total Retained Equity	2 716 000	2 268 000	2 220 000	2 242 000
Total Equity	2 816 000	2 368 000	2 320 000	2 342 000
Total Long-Term Debt	0	0	0	5 000
Total Current Debt	789 000	867 000	542 000	603 000
Total Equity and Debt	3 605 000	3 235 000	2 862 000	2 950 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 757 000	3 387 000	3 100 000	4 223 000
Other Income	0	0	0	0
Revenue	3 757 000	3 387 000	3 100 000	4 223 000
Cost of Goods Sold	1 392 000	1 230 000	1 208 000	1 599 000
Salary Costs	1 467 000	1 442 000	1 303 000	1 372 000
Depreciation	154 000	163 000	138 000	123 000
Impairment	0	0	0	0
Expenditure	3 428 000	3 269 000	2 967 000	3 623 000
Operating Profit	330 000	229 000	134 000	599 000
Financial Income	245 000	26 000	28 000	33 000
Financial Costs	0	0	1 000	2 000
Financial Balance	245 000	26 000	27 000	31 000
Dividends	40 000	40 000	0	0
Net Income	488 000	188 000	128 000	496 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	472 000	498 000	390 000	0
Machinery and Plant Facilities	84 000	163 000	282 000	401 000
Fixtures	69 000	34 000	52 000	70 000
Total Tangible Assets	625 000	696 000	724 000	471 000
Total Fiancial Fixed Assets	220 000	220 000	220 000	220 000
Total Fixed Assets	845 000	916 000	944 000	691 000
Stock	462 000	421 000	371 000	391 000
Total Investments	0	600 000	600 000	0
Cash, Bank	1 559 000	763 000	815 000	1 714 000
Total Current Assets	2 760 000	2 319 000	1 918 000	2 259 000
Total Assets	3 605 000	3 235 000	2 862 000	2 950 000
Total Equity	2 816 000	2 368 000	2 320 000	2 342 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	5 000
Creditors	163 000	249 000	252 000	60 000
Unpaid Taxes	302 000	211 000	56 000	233 000
Dividends	40 000	40 000	0	0
Other Current Debt	197 000	200 000	197 000	176 000
Total Current Debt	789 000	867 000	542 000	603 000
Total Equity and Debt	3 605 000	3 235 000	2 862 000	2 950 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,33 %	7,94 %	5,52 %	21,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,78 %	6,76 %	4,32 %	14,18 %
Current Ratio	3,5	2,67	3,54	3,75
Quick Ratio	8,44	5,2	11,22	10,66
Equity Ratio	0,78	0,73	0,81	0,79
Gross Profit Margin	62,95 %	63,68 %	61,03 %	62,14 %