KVAM ELEKTRO AS

5610 ØYSTESE

Finances

Return on Equity

5,45 %

Current Ratio

2,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 941 000	26 223 000	28 333 000	34 534 000
Net Income	537 000	866 000	−254 000	1 234 000
Total Assets	13 978 000	14 218 000	13 894 000	16 913 000
Total Equity	9 859 000	10 022 000	9 556 000	10 210 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 941 000	26 223 000	28 333 000	34 534 000
Expenditure	27 296 000	25 567 000	29 810 000	32 888 000
Operating Profit	646 000	1 130 000	−259 000	1 478 000
Financial Income	95 000	5 000	9 000	13 000
Financial Costs	51 000	24 000	75 000	114 000
Financial Balance	44 000	−19 000	−66 000	−101 000
Earnings Before Tax	689 000	1 112 000	−324 000	1 377 000
Tax	152 000	245 000	−71 000	144 000
Net Income	537 000	866 000	−254 000	1 234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 192 000	2 352 000	2 595 000	4 937 000
Total Current Assets	11 786 000	11 865 000	11 299 000	11 976 000
Total Assets	13 978 000	14 218 000	13 894 000	16 913 000
Total Retained Equity	9 609 000	9 772 000	9 306 000	9 960 000
Total Equity	9 859 000	10 022 000	9 556 000	10 210 000
Total Long-Term Debt	41 000	190 000	351 000	1 997 000
Total Current Debt	4 078 000	4 006 000	3 987 000	4 706 000
Total Equity and Debt	13 978 000	14 218 000	13 894 000	16 913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 810 000	25 916 000	28 009 000	34 359 000
Other Income	131 000	307 000	324 000	175 000
Revenue	27 941 000	26 223 000	28 333 000	34 534 000
Cost of Goods Sold	16 899 000	15 916 000	18 373 000	20 756 000
Salary Costs	7 682 000	6 805 000	8 466 000	9 298 000
Depreciation	205 000	250 000	430 000	522 000
Impairment	0	0	0	0
Expenditure	27 296 000	25 567 000	29 810 000	32 888 000
Operating Profit	646 000	1 130 000	−259 000	1 478 000
Financial Income	95 000	5 000	9 000	13 000
Financial Costs	51 000	24 000	75 000	114 000
Financial Balance	44 000	−19 000	−66 000	−101 000
Dividends	700 000	400 000	400 000	400 000
Net Income	537 000	866 000	−254 000	1 234 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	186 000	221 000	214 000	191 000
Real Eastate	0	0	0	2 009 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	237 000	382 000	632 000	988 000
Total Tangible Assets	237 000	382 000	632 000	2 997 000
Total Fiancial Fixed Assets	1 769 000	1 749 000	1 749 000	1 749 000
Total Fixed Assets	2 192 000	2 352 000	2 595 000	4 937 000
Stock	3 234 000	5 768 000	5 391 000	3 926 000
Total Investments	0	0	0	0
Cash, Bank	1 324 000	1 615 000	2 217 000	1 626 000
Total Current Assets	11 786 000	11 865 000	11 299 000	11 976 000
Total Assets	13 978 000	14 218 000	13 894 000	16 913 000
Total Equity	9 859 000	10 022 000	9 556 000	10 210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	41 000	190 000	351 000	1 997 000
Creditors	1 411 000	972 000	1 248 000	873 000
Unpaid Taxes	1 113 000	1 187 000	1 112 000	1 809 000
Dividends	700 000	400 000	400 000	400 000
Other Current Debt	737 000	1 194 000	1 227 000	1 290 000
Total Current Debt	4 078 000	4 006 000	3 987 000	4 706 000
Total Equity and Debt	13 978 000	14 218 000	13 894 000	16 913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,45 %	8,64 %	−2,66 %	12,09 %
Debt-to-Equity Ratio	0	0,02	0,04	0,2
Operating Profit Margin	2,31 %	4,31 %	−0,91 %	4,28 %
Current Ratio	2,89	2,96	2,83	2,54
Quick Ratio	13,96	−6,73	−8,05	15,35
Equity Ratio	0,71	0,7	0,69	0,6
Gross Profit Margin	39,52 %	39,31 %	35,15 %	39,9 %