KNUT NÆVESTAD SNEKKERVERKSTED AS

1081 OSLO

Finances

Share Ownership

Return on Equity

13,79 %

Current Ratio

2,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 880 000	19 038 000	17 699 000	19 591 000
Net Income	585 000	1 108 000	872 000	1 102 000
Total Assets	6 507 000	7 559 000	7 058 000	6 931 000
Total Equity	4 242 000	3 656 000	4 548 000	3 676 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 880 000	19 038 000	17 699 000	19 591 000
Expenditure	18 096 000	17 825 000	16 157 000	18 437 000
Operating Profit	747 000	1 429 000	1 125 000	1 422 000
Financial Income	15 000	5 000	3 000	2 000
Financial Costs	12 000	13 000	11 000	11 000
Financial Balance	3 000	−8 000	−8 000	−9 000
Earnings Before Tax	750 000	1 421 000	1 118 000	1 413 000
Tax	165 000	313 000	246 000	311 000
Net Income	585 000	1 108 000	872 000	1 102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	687 000	535 000	554 000	280 000
Total Current Assets	5 820 000	7 024 000	6 504 000	6 651 000
Total Assets	6 507 000	7 559 000	7 058 000	6 931 000
Total Retained Equity	4 142 000	3 556 000	4 448 000	3 576 000
Total Equity	4 242 000	3 656 000	4 548 000	3 676 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 265 000	3 903 000	2 510 000	3 255 000
Total Equity and Debt	6 507 000	7 559 000	7 058 000	6 931 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 583 000	18 998 000	17 646 000	19 546 000
Other Income	297 000	40 000	53 000	45 000
Revenue	18 880 000	19 038 000	17 699 000	19 591 000
Cost of Goods Sold	8 200 000	7 529 000	5 872 000	8 040 000
Salary Costs	5 480 000	6 228 000	6 390 000	6 416 000
Depreciation	161 000	182 000	170 000	137 000
Impairment	0	0	0	0
Expenditure	18 096 000	17 825 000	16 157 000	18 437 000
Operating Profit	747 000	1 429 000	1 125 000	1 422 000
Financial Income	15 000	5 000	3 000	2 000
Financial Costs	12 000	13 000	11 000	11 000
Financial Balance	3 000	−8 000	−8 000	−9 000
Dividends	0	2 000 000	0	500 000
Net Income	585 000	1 108 000	872 000	1 102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	47 000	47 000	52 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	328 000	488 000	507 000	226 000
Total Tangible Assets	328 000	488 000	507 000	226 000
Total Fiancial Fixed Assets	314 000	0	0	2 000
Total Fixed Assets	687 000	535 000	554 000	280 000
Stock	843 000	1 008 000	541 000	1 107 000
Total Investments	0	0	0	0
Cash, Bank	3 556 000	4 346 000	3 208 000	3 330 000
Total Current Assets	5 820 000	7 024 000	6 504 000	6 651 000
Total Assets	6 507 000	7 559 000	7 058 000	6 931 000
Total Equity	4 242 000	3 656 000	4 548 000	3 676 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	736 000	776 000	611 000	773 000
Unpaid Taxes	780 000	995 000	1 041 000	1 081 000
Dividends	0	2 000 000	0	500 000
Other Current Debt	586 000	820 000	617 000	597 000
Total Current Debt	2 265 000	3 903 000	2 510 000	3 255 000
Total Equity and Debt	6 507 000	7 559 000	7 058 000	6 931 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,79 %	30,31 %	19,17 %	29,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,96 %	7,51 %	6,36 %	7,26 %
Current Ratio	2,57	1,8	2,59	2,04
Quick Ratio	4,09	2,43	3,3	3,1
Equity Ratio	0,65	0,48	0,64	0,53
Gross Profit Margin	56,57 %	60,45 %	66,82 %	58,96 %