KVERNMO AS

7652 VERDAL

Finances

Return on Equity

66,52 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 663 000	99 774 000	96 823 000	75 865 000
Net Income	5 187 000	4 102 000	1 711 000	2 300 000
Total Assets	24 439 000	26 731 000	20 641 000	23 417 000
Total Equity	7 798 000	5 611 000	5 989 000	6 478 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 663 000	99 774 000	96 823 000	75 865 000
Expenditure	64 381 000	94 422 000	94 588 000	72 947 000
Operating Profit	5 281 000	5 352 000	2 235 000	2 919 000
Financial Income	1 176 000	3 000	37 000	100 000
Financial Costs	70 000	97 000	79 000	71 000
Financial Balance	1 106 000	−94 000	−42 000	29 000
Earnings Before Tax	6 388 000	5 258 000	2 194 000	2 948 000
Tax	1 200 000	1 157 000	483 000	648 000
Net Income	5 187 000	4 102 000	1 711 000	2 300 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 941 000	1 741 000	453 000	511 000
Total Current Assets	22 498 000	24 990 000	20 188 000	22 906 000
Total Assets	24 439 000	26 731 000	20 641 000	23 417 000
Total Retained Equity	7 447 000	5 259 000	5 638 000	6 127 000
Total Equity	7 798 000	5 611 000	5 989 000	6 478 000
Total Long-Term Debt	190 000	255 000	753 000	1 245 000
Total Current Debt	16 451 000	20 866 000	13 899 000	15 694 000
Total Equity and Debt	24 439 000	26 731 000	20 641 000	23 417 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 652 000	99 774 000	96 823 000	75 865 000
Other Income	11 000	0	0	0
Revenue	69 663 000	99 774 000	96 823 000	75 865 000
Cost of Goods Sold	37 100 000	69 745 000	71 876 000	50 506 000
Salary Costs	22 659 000	20 722 000	19 151 000	19 079 000
Depreciation	188 000	167 000	174 000	216 000
Impairment	0	0	0	0
Expenditure	64 381 000	94 422 000	94 588 000	72 947 000
Operating Profit	5 281 000	5 352 000	2 235 000	2 919 000
Financial Income	1 176 000	3 000	37 000	100 000
Financial Costs	70 000	97 000	79 000	71 000
Financial Balance	1 106 000	−94 000	−42 000	29 000
Dividends	3 000 000	4 480 000	0	0
Net Income	5 187 000	4 102 000	1 711 000	2 300 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 205 000	1 255 000	200 000	250 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	737 000	259 000	225 000	230 000
Total Tangible Assets	1 941 000	1 513 000	425 000	480 000
Total Fiancial Fixed Assets	0	228 000	28 000	31 000
Total Fixed Assets	1 941 000	1 741 000	453 000	511 000
Stock	734 000	728 000	645 000	635 000
Total Investments	0	0	0	0
Cash, Bank	9 029 000	7 092 000	9 085 000	6 114 000
Total Current Assets	22 498 000	24 990 000	20 188 000	22 906 000
Total Assets	24 439 000	26 731 000	20 641 000	23 417 000
Total Equity	7 798 000	5 611 000	5 989 000	6 478 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	190 000	255 000	753 000	1 245 000
Creditors	6 759 000	5 392 000	8 083 000	9 966 000
Unpaid Taxes	2 673 000	4 375 000	2 615 000	2 949 000
Dividends	3 000 000	4 480 000	0	0
Other Current Debt	2 754 000	6 944 000	2 226 000	2 779 000
Total Current Debt	16 451 000	20 866 000	13 899 000	15 694 000
Total Equity and Debt	24 439 000	26 731 000	20 641 000	23 417 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,52 %	73,11 %	28,57 %	35,5 %
Debt-to-Equity Ratio	0,02	0,05	0,13	0,19
Operating Profit Margin	7,58 %	5,36 %	2,31 %	3,85 %
Current Ratio	1,37	1,2	1,45	1,46
Quick Ratio	1,43	1,24	1,52	1,52
Equity Ratio	0,32	0,21	0,29	0,28
Gross Profit Margin	46,74 %	30,1 %	25,77 %	33,43 %