KVERNEVIK RING 213 AS

0278 OSLO

Finances

Share Ownership

Return on Equity

15,03 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 190 000	4 144 000	4 139 000	4 003 000
Net Income	2 292 000	2 334 000	2 171 000	2 311 000
Total Assets	22 761 000	22 510 000	23 637 000	24 374 000
Total Equity	15 247 000	12 954 000	10 620 000	8 449 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 190 000	4 144 000	4 139 000	4 003 000
Expenditure	1 055 000	904 000	952 000	686 000
Operating Profit	3 135 000	3 240 000	3 187 000	3 317 000
Financial Income	27 000	13 000	2 000	20 000
Financial Costs	224 000	260 000	406 000	374 000
Financial Balance	−197 000	−247 000	−404 000	−354 000
Earnings Before Tax	2 939 000	2 993 000	2 783 000	2 963 000
Tax	647 000	658 000	612 000	652 000
Net Income	2 292 000	2 334 000	2 171 000	2 311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 493 000	22 181 000	22 869 000	23 526 000
Total Current Assets	1 267 000	329 000	768 000	848 000
Total Assets	22 761 000	22 510 000	23 637 000	24 374 000
Total Retained Equity	14 471 000	12 178 000	9 844 000	7 673 000
Total Equity	15 247 000	12 954 000	10 620 000	8 449 000
Total Long-Term Debt	6 628 000	8 675 000	12 217 000	13 252 000
Total Current Debt	886 000	881 000	799 000	2 672 000
Total Equity and Debt	22 761 000	22 510 000	23 637 000	24 374 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 190 000	4 144 000	4 139 000	4 003 000
Revenue	4 190 000	4 144 000	4 139 000	4 003 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	688 000	688 000	688 000	438 000
Impairment	0	0	0	0
Expenditure	1 055 000	904 000	952 000	686 000
Operating Profit	3 135 000	3 240 000	3 187 000	3 317 000
Financial Income	27 000	13 000	2 000	20 000
Financial Costs	224 000	260 000	406 000	374 000
Financial Balance	−197 000	−247 000	−404 000	−354 000
Dividends	0	0	0	0
Net Income	2 292 000	2 334 000	2 171 000	2 311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 493 000	22 181 000	22 869 000	23 526 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 493 000	22 181 000	22 869 000	23 526 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 493 000	22 181 000	22 869 000	23 526 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	1 267 000	329 000	768 000	848 000
Total Assets	22 761 000	22 510 000	23 637 000	24 374 000
Total Equity	15 247 000	12 954 000	10 620 000	8 449 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 628 000	8 675 000	12 217 000	13 252 000
Creditors	52 000	31 000	1 000	1 739 000
Unpaid Taxes	140 000	149 000	150 000	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	1 000	358 000
Total Current Debt	886 000	881 000	799 000	2 672 000
Total Equity and Debt	22 761 000	22 510 000	23 637 000	24 374 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,03 %	18,02 %	20,44 %	27,35 %
Debt-to-Equity Ratio	0,43	0,67	1,15	1,57
Operating Profit Margin	74,82 %	78,19 %	77 %	82,86 %
Current Ratio	1,43	0,37	0,96	0,32
Quick Ratio	1,43	0,37	0,96	0,32
Equity Ratio	0,67	0,58	0,45	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %