KVERNRØD AS

7509 STJØRDAL

Finances

Return on Equity

20,63 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 000	116 000	24 000	27 000
Net Income	540 000	419 000	−213 000	196 000
Total Assets	3 018 000	2 768 000	2 343 000	2 653 000
Total Equity	2 618 000	2 478 000	2 058 000	2 272 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 000	116 000	24 000	27 000
Expenditure	43 000	122 000	32 000	37 000
Operating Profit	−18 000	−6 000	−8 000	−11 000
Financial Income	589 000	431 000	111 000	207 000
Financial Costs	29 000	5 000	316 000	0
Financial Balance	560 000	426 000	−205 000	207 000
Earnings Before Tax	541 000	419 000	−213 000	196 000
Tax	1 000	0	0	0
Net Income	540 000	419 000	−213 000	196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 222 000	2 205 000	2 035 000	2 467 000
Total Current Assets	797 000	563 000	308 000	186 000
Total Assets	3 018 000	2 768 000	2 343 000	2 653 000
Total Retained Equity	811 000	671 000	252 000	465 000
Total Equity	2 618 000	2 478 000	2 058 000	2 272 000
Total Long-Term Debt	0	282 000	276 000	0
Total Current Debt	400 000	8 000	9 000	381 000
Total Equity and Debt	3 018 000	2 768 000	2 343 000	2 653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	92 000	0	3 000
Other Income	24 000	24 000	24 000	24 000
Revenue	24 000	116 000	24 000	27 000
Cost of Goods Sold	0	88 000	0	0
Salary Costs	0	0	0	0
Depreciation	5 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	43 000	122 000	32 000	37 000
Operating Profit	−18 000	−6 000	−8 000	−11 000
Financial Income	589 000	431 000	111 000	207 000
Financial Costs	29 000	5 000	316 000	0
Financial Balance	560 000	426 000	−205 000	207 000
Dividends	400 000	0	0	100 000
Net Income	540 000	419 000	−213 000	196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	23 000	0	0
Total Tangible Assets	18 000	23 000	0	0
Total Fiancial Fixed Assets	2 204 000	2 182 000	2 035 000	2 467 000
Total Fixed Assets	2 222 000	2 205 000	2 035 000	2 467 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	722 000	239 000	271 000	151 000
Total Current Assets	797 000	563 000	308 000	186 000
Total Assets	3 018 000	2 768 000	2 343 000	2 653 000
Total Equity	2 618 000	2 478 000	2 058 000	2 272 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	282 000	276 000	0
Creditors	0	4 000	5 000	5 000
Unpaid Taxes	0	0	0	1 000
Dividends	400 000	0	0	100 000
Other Current Debt	0	4 000	4 000	276 000
Total Current Debt	400 000	8 000	9 000	381 000
Total Equity and Debt	3 018 000	2 768 000	2 343 000	2 653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,63 %	16,91 %	−10,35 %	8,63 %
Debt-to-Equity Ratio	0	0,11	0,13	0
Operating Profit Margin	−75 %	−5,17 %	−33,33 %	−40,74 %
Current Ratio	1,99	70,38	34,22	0,49
Quick Ratio	1,99	70,38	34,22	0,49
Equity Ratio	0,87	0,9	0,88	0,86
Gross Profit Margin	100 %	24,14 %	100 %	100 %