TØMMRERFIRMA KVARSNES AS

7038 TRONDHEIM

Finances

Return on Equity

7,92 %

Current Ratio

2,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 301 000	22 525 000	17 770 000	24 044 000
Net Income	558 000	673 000	664 000	1 440 000
Total Assets	12 344 000	11 732 000	10 590 000	9 598 000
Total Equity	7 047 000	6 629 000	5 955 000	5 292 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 301 000	22 525 000	17 770 000	24 044 000
Expenditure	23 566 000	21 487 000	16 878 000	22 214 000
Operating Profit	735 000	1 038 000	891 000	1 831 000
Financial Income	1 000	14 000	1 000	−44 000
Financial Costs	19 000	275 000	38 000	25 000
Financial Balance	−18 000	−261 000	−37 000	−69 000
Earnings Before Tax	717 000	778 000	853 000	1 762 000
Tax	159 000	105 000	190 000	323 000
Net Income	558 000	673 000	664 000	1 440 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 263 000	849 000	701 000	644 000
Total Current Assets	11 082 000	10 882 000	9 890 000	8 954 000
Total Assets	12 344 000	11 732 000	10 590 000	9 598 000
Total Retained Equity	6 947 000	6 529 000	5 855 000	5 192 000
Total Equity	7 047 000	6 629 000	5 955 000	5 292 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 298 000	5 103 000	4 635 000	4 306 000
Total Equity and Debt	12 344 000	11 732 000	10 590 000	9 598 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 301 000	22 525 000	17 770 000	24 044 000
Other Income	0	0	0	0
Revenue	24 301 000	22 525 000	17 770 000	24 044 000
Cost of Goods Sold	15 106 000	13 600 000	9 388 000	14 793 000
Salary Costs	5 827 000	5 833 000	5 361 000	5 511 000
Depreciation	158 000	133 000	104 000	100 000
Impairment	0	0	0	0
Expenditure	23 566 000	21 487 000	16 878 000	22 214 000
Operating Profit	735 000	1 038 000	891 000	1 831 000
Financial Income	1 000	14 000	1 000	−44 000
Financial Costs	19 000	275 000	38 000	25 000
Financial Balance	−18 000	−261 000	−37 000	−69 000
Dividends	140 000	0	0	1 000 000
Net Income	558 000	673 000	664 000	1 440 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	116 000	66 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	108 000	3 000	6 000	12 000
Fixtures	988 000	729 000	398 000	335 000
Total Tangible Assets	1 095 000	732 000	404 000	347 000
Total Fiancial Fixed Assets	51 000	51 000	297 000	297 000
Total Fixed Assets	1 263 000	849 000	701 000	644 000
Stock	580 000	323 000	339 000	0
Total Investments	0	0	0	0
Cash, Bank	4 645 000	3 842 000	2 303 000	3 607 000
Total Current Assets	11 082 000	10 882 000	9 890 000	8 954 000
Total Assets	12 344 000	11 732 000	10 590 000	9 598 000
Total Equity	7 047 000	6 629 000	5 955 000	5 292 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 403 000	3 128 000	2 352 000	1 089 000
Unpaid Taxes	842 000	920 000	765 000	1 188 000
Dividends	140 000	0	0	1 000 000
Other Current Debt	704 000	884 000	1 328 000	707 000
Total Current Debt	5 298 000	5 103 000	4 635 000	4 306 000
Total Equity and Debt	12 344 000	11 732 000	10 590 000	9 598 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,92 %	10,15 %	11,15 %	27,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,02 %	4,61 %	5,01 %	7,62 %
Current Ratio	2,09	2,13	2,13	2,08
Quick Ratio	2,35	2,28	2,3	2,08
Equity Ratio	0,57	0,57	0,56	0,55
Gross Profit Margin	37,84 %	39,62 %	47,17 %	38,48 %