TORE KVÆRNER AS

2050 JESSHEIM

Finances

Return on Equity

6,32 %

Current Ratio

6,03

Debt-to-Equity Ratio

3,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	184 703 000	181 465 000	163 709 000	206 615 000
Net Income	18 457 000	30 814 000	25 078 000	30 002 000
Total Assets	1 501 469 000	1 522 741 000	1 504 367 000	1 513 234 000
Total Equity	291 903 000	295 643 000	292 144 000	290 042 000

Income (NOK)	2022	2021	2020	2019
Revenue	184 703 000	181 465 000	163 709 000	206 615 000
Expenditure	120 453 000	108 757 000	93 735 000	126 014 000
Operating Profit	64 251 000	72 708 000	69 973 000	80 600 000
Financial Income	4 432 000	387 000	1 964 000	3 731 000
Financial Costs	44 348 000	32 839 000	39 333 000	45 251 000
Financial Balance	−39 916 000	−32 452 000	−37 369 000	−41 520 000
Earnings Before Tax	24 335 000	40 256 000	32 604 000	39 080 000
Tax	5 878 000	9 442 000	7 526 000	9 078 000
Net Income	18 457 000	30 814 000	25 078 000	30 002 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 134 236 000	1 137 552 000	1 161 996 000	1 200 364 000
Total Current Assets	367 233 000	385 188 000	342 372 000	312 870 000
Total Assets	1 501 469 000	1 522 741 000	1 504 367 000	1 513 234 000
Total Retained Equity	286 708 000	290 448 000	286 949 000	284 847 000
Total Equity	291 903 000	295 643 000	292 144 000	290 042 000
Total Long-Term Debt	1 148 620 000	1 172 430 000	1 174 569 000	1 176 314 000
Total Current Debt	60 946 000	54 667 000	37 654 000	46 878 000
Total Equity and Debt	1 501 469 000	1 522 741 000	1 504 367 000	1 513 234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 511 000	60 835 000	41 637 000	86 566 000
Other Income	122 192 000	120 630 000	122 071 000	120 049 000
Revenue	184 703 000	181 465 000	163 709 000	206 615 000
Cost of Goods Sold	7 256 000	8 849 000	11 165 000	39 109 000
Salary Costs	19 922 000	17 174 000	14 946 000	14 213 000
Depreciation	37 952 000	36 712 000	37 548 000	38 367 000
Impairment	0	0	0	0
Expenditure	120 453 000	108 757 000	93 735 000	126 014 000
Operating Profit	64 251 000	72 708 000	69 973 000	80 600 000
Financial Income	4 432 000	387 000	1 964 000	3 731 000
Financial Costs	44 348 000	32 839 000	39 333 000	45 251 000
Financial Balance	−39 916 000	−32 452 000	−37 369 000	−41 520 000
Dividends	0	0	0	0
Net Income	18 457 000	30 814 000	25 078 000	30 002 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 097 501 000	1 120 131 000	1 154 306 000	1 196 717 000
Machinery and Plant Facilities	16 025 000	10 668 000	5 877 000	1 997 000
Fixtures	2 529 000	739 000	846 000	773 000
Total Tangible Assets	1 116 055 000	1 131 538 000	1 161 029 000	1 199 487 000
Total Fiancial Fixed Assets	18 181 000	6 014 000	967 000	877 000
Total Fixed Assets	1 134 236 000	1 137 552 000	1 161 996 000	1 200 364 000
Stock	1 839 000	6 380 000	12 615 000	17 157 000
Total Investments	0	0	0	0
Cash, Bank	344 429 000	365 191 000	316 125 000	287 355 000
Total Current Assets	367 233 000	385 188 000	342 372 000	312 870 000
Total Assets	1 501 469 000	1 522 741 000	1 504 367 000	1 513 234 000
Total Equity	291 903 000	295 643 000	292 144 000	290 042 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 148 620 000	1 172 430 000	1 174 569 000	1 176 314 000
Creditors	6 881 000	8 934 000	7 042 000	14 572 000
Unpaid Taxes	6 660 000	6 527 000	6 191 000	7 098 000
Dividends	0	0	0	0
Other Current Debt	31 364 000	23 357 000	7 815 000	5 812 000
Total Current Debt	60 946 000	54 667 000	37 654 000	46 878 000
Total Equity and Debt	1 501 469 000	1 522 741 000	1 504 367 000	1 513 234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,32 %	10,42 %	8,58 %	10,34 %
Debt-to-Equity Ratio	3,93	3,97	4,02	4,06
Operating Profit Margin	34,79 %	40,07 %	42,74 %	39,01 %
Current Ratio	6,03	7,05	9,09	6,67
Quick Ratio	6,21	7,98	13,67	10,53
Equity Ratio	0,19	0,19	0,19	0,19
Gross Profit Margin	96,07 %	95,12 %	93,18 %	81,07 %