KVAMNET AS

5600 NORHEIMSUND

Finances

Return on Equity

3,99 %

Current Ratio

0,22

Debt-to-Equity Ratio

1,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 662 000	26 070 000	23 719 000	22 134 000
Net Income	1 422 000	1 678 000	1 919 000	1 239 000
Total Assets	109 423 000	98 622 000	90 332 000	84 180 000
Total Equity	35 667 000	34 245 000	32 567 000	30 648 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 662 000	26 070 000	23 719 000	22 134 000
Expenditure	24 551 000	21 896 000	19 304 000	18 821 000
Operating Profit	4 111 000	4 173 000	4 413 000	3 313 000
Financial Income	56 000	57 000	82 000	109 000
Financial Costs	2 345 000	2 079 000	2 035 000	1 834 000
Financial Balance	−2 289 000	−2 022 000	−1 953 000	−1 725 000
Earnings Before Tax	1 823 000	2 151 000	2 460 000	1 588 000
Tax	401 000	473 000	541 000	350 000
Net Income	1 422 000	1 678 000	1 919 000	1 239 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	106 311 000	95 690 000	87 409 000	80 537 000
Total Current Assets	3 112 000	2 931 000	2 924 000	3 643 000
Total Assets	109 423 000	98 622 000	90 332 000	84 180 000
Total Retained Equity	18 837 000	17 415 000	15 737 000	13 818 000
Total Equity	35 667 000	34 245 000	32 567 000	30 648 000
Total Long-Term Debt	59 654 000	48 320 000	43 947 000	36 051 000
Total Current Debt	14 101 000	16 056 000	13 818 000	17 481 000
Total Equity and Debt	109 423 000	98 622 000	90 332 000	84 180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 662 000	25 840 000	23 506 000	22 134 000
Other Income	0	230 000	213 000	0
Revenue	28 662 000	26 070 000	23 719 000	22 134 000
Cost of Goods Sold	8 670 000	7 518 000	7 222 000	7 740 000
Salary Costs	2 868 000	2 800 000	2 212 000	2 198 000
Depreciation	7 402 000	6 666 000	6 254 000	5 739 000
Impairment	0	0	0	0
Expenditure	24 551 000	21 896 000	19 304 000	18 821 000
Operating Profit	4 111 000	4 173 000	4 413 000	3 313 000
Financial Income	56 000	57 000	82 000	109 000
Financial Costs	2 345 000	2 079 000	2 035 000	1 834 000
Financial Balance	−2 289 000	−2 022 000	−1 953 000	−1 725 000
Dividends	0	0	0	0
Net Income	1 422 000	1 678 000	1 919 000	1 239 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 901 000	1 585 000	1 095 000	1 579 000
Machinery and Plant Facilities	100 729 000	90 377 000	82 261 000	77 202 000
Fixtures	782 000	829 000	1 153 000	1 757 000
Total Tangible Assets	103 411 000	92 790 000	84 509 000	80 537 000
Total Fiancial Fixed Assets	2 900 000	2 900 000	2 900 000	0
Total Fixed Assets	106 311 000	95 690 000	87 409 000	80 537 000
Stock	130 000	200 000	202 000	194 000
Total Investments	0	0	0	0
Cash, Bank	141 000	78 000	88 000	128 000
Total Current Assets	3 112 000	2 931 000	2 924 000	3 643 000
Total Assets	109 423 000	98 622 000	90 332 000	84 180 000
Total Equity	35 667 000	34 245 000	32 567 000	30 648 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	59 654 000	48 320 000	43 947 000	36 051 000
Creditors	7 863 000	6 477 000	6 260 000	12 511 000
Unpaid Taxes	405 000	388 000	320 000	367 000
Dividends	0	0	0	0
Other Current Debt	4 014 000	5 257 000	5 293 000	4 602 000
Total Current Debt	14 101 000	16 056 000	13 818 000	17 481 000
Total Equity and Debt	109 423 000	98 622 000	90 332 000	84 180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,99 %	4,9 %	5,89 %	4,04 %
Debt-to-Equity Ratio	1,67	1,41	1,35	1,18
Operating Profit Margin	14,34 %	16,01 %	18,61 %	14,97 %
Current Ratio	0,22	0,18	0,21	0,21
Quick Ratio	0,22	0,18	0,21	0,21
Equity Ratio	0,33	0,35	0,36	0,36
Gross Profit Margin	69,75 %	71,16 %	69,55 %	65,03 %