KOBBVÅG AS

9770 MEHAMN

Finances

Share Ownership

Return on Equity

13,3 %

Current Ratio

3,88

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 079 000	2 413 000	2 166 000	2 249 000
Net Income	325 000	305 000	116 000	213 000
Total Assets	3 499 000	3 407 000	3 585 000	2 568 000
Total Equity	2 443 000	2 118 000	1 812 000	1 689 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 079 000	2 413 000	2 166 000	2 249 000
Expenditure	2 620 000	1 952 000	1 953 000	1 933 000
Operating Profit	459 000	461 000	213 000	317 000
Financial Income	24 000	4 000	8 000	1 000
Financial Costs	50 000	59 000	63 000	43 000
Financial Balance	−26 000	−55 000	−55 000	−42 000
Earnings Before Tax	432 000	405 000	158 000	275 000
Tax	107 000	100 000	42 000	62 000
Net Income	325 000	305 000	116 000	213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 513 000	2 661 000	2 758 000	1 869 000
Total Current Assets	986 000	747 000	827 000	699 000
Total Assets	3 499 000	3 407 000	3 585 000	2 568 000
Total Retained Equity	2 193 000	1 868 000	1 562 000	1 438 000
Total Equity	2 443 000	2 118 000	1 812 000	1 689 000
Total Long-Term Debt	802 000	1 097 000	1 421 000	600 000
Total Current Debt	254 000	192 000	352 000	280 000
Total Equity and Debt	3 499 000	3 407 000	3 585 000	2 568 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 022 000	2 274 000	2 030 000	2 241 000
Other Income	57 000	139 000	136 000	8 000
Revenue	3 079 000	2 413 000	2 166 000	2 249 000
Cost of Goods Sold	87 000	71 000	69 000	26 000
Salary Costs	1 574 000	1 236 000	1 039 000	1 225 000
Depreciation	148 000	143 000	128 000	105 000
Impairment	0	0	0	0
Expenditure	2 620 000	1 952 000	1 953 000	1 933 000
Operating Profit	459 000	461 000	213 000	317 000
Financial Income	24 000	4 000	8 000	1 000
Financial Costs	50 000	59 000	63 000	43 000
Financial Balance	−26 000	−55 000	−55 000	−42 000
Dividends	0	0	0	0
Net Income	325 000	305 000	116 000	213 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 100 000	1 100 000	1 100 000	1 100 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	129 000
Fixtures	9 000	21 000	33 000	71 000
Total Tangible Assets	1 413 000	1 561 000	1 658 000	769 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 513 000	2 661 000	2 758 000	1 869 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	816 000	577 000	630 000	699 000
Total Current Assets	986 000	747 000	827 000	699 000
Total Assets	3 499 000	3 407 000	3 585 000	2 568 000
Total Equity	2 443 000	2 118 000	1 812 000	1 689 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	802 000	1 097 000	1 421 000	600 000
Creditors	27 000	4 000	17 000	12 000
Unpaid Taxes	206 000	250 000	222 000	187 000
Dividends	0	0	0	0
Other Current Debt	−78 000	−145 000	77 000	81 000
Total Current Debt	254 000	192 000	352 000	280 000
Total Equity and Debt	3 499 000	3 407 000	3 585 000	2 568 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,3 %	14,4 %	6,4 %	12,61 %
Debt-to-Equity Ratio	0,33	0,52	0,78	0,36
Operating Profit Margin	14,91 %	19,1 %	9,83 %	14,1 %
Current Ratio	3,88	3,89	2,35	2,5
Quick Ratio	3,88	3,89	2,35	2,5
Equity Ratio	0,7	0,62	0,51	0,66
Gross Profit Margin	97,17 %	97,06 %	96,81 %	98,84 %