KVERNSTAD KRAFT AS

2372 BRØTTUM

Finances

Share Ownership

Return on Equity

5,91 %

Current Ratio

0,77

Debt-to-Equity Ratio

−3,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 531 000	5 143 000	2 411 000	4 729 000
Net Income	−426 000	1 233 000	−2 724 000	827 000
Total Assets	19 461 000	21 703 000	20 394 000	23 088 000
Total Equity	−7 207 000	−6 780 000	−8 013 000	−5 289 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 531 000	5 143 000	2 411 000	4 729 000
Expenditure	2 871 000	2 920 000	2 012 000	2 350 000
Operating Profit	660 000	2 223 000	398 000	2 380 000
Financial Income	5 000	4 000	5 000	5 000
Financial Costs	1 092 000	994 000	1 062 000	1 324 000
Financial Balance	−1 087 000	−990 000	−1 057 000	−1 319 000
Earnings Before Tax	−426 000	1 233 000	−659 000	1 060 000
Tax	0	0	2 065 000	232 000
Net Income	−426 000	1 233 000	−2 724 000	827 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 742 000	19 602 000	19 076 000	21 848 000
Total Current Assets	719 000	2 100 000	1 318 000	1 240 000
Total Assets	19 461 000	21 703 000	20 394 000	23 088 000
Total Retained Equity	−7 407 000	−6 980 000	−8 213 000	−5 489 000
Total Equity	−7 207 000	−6 780 000	−8 013 000	−5 289 000
Total Long-Term Debt	25 734 000	26 635 000	27 633 000	28 033 000
Total Current Debt	933 000	1 848 000	774 000	344 000
Total Equity and Debt	19 461 000	21 703 000	20 394 000	23 088 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 511 000	1 407 000	1 002 000	4 729 000
Other Income	21 000	3 736 000	1 409 000	0
Revenue	3 531 000	5 143 000	2 411 000	4 729 000
Cost of Goods Sold	245 000	203 000	174 000	127 000
Salary Costs	833 000	637 000	261 000	703 000
Depreciation	854 000	838 000	788 000	784 000
Impairment	0	0	0	0
Expenditure	2 871 000	2 920 000	2 012 000	2 350 000
Operating Profit	660 000	2 223 000	398 000	2 380 000
Financial Income	5 000	4 000	5 000	5 000
Financial Costs	1 092 000	994 000	1 062 000	1 324 000
Financial Balance	−1 087 000	−990 000	−1 057 000	−1 319 000
Dividends	0	0	0	0
Net Income	−426 000	1 233 000	−2 724 000	827 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 065 000
Real Eastate	2 463 000	16 839 000	16 055 000	0
Machinery and Plant Facilities	0	0	0	16 408 000
Fixtures	16 279 000	2 763 000	3 021 000	3 375 000
Total Tangible Assets	18 742 000	19 602 000	19 076 000	19 783 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 742 000	19 602 000	19 076 000	21 848 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	141 000	1 255 000	17 000	905 000
Total Current Assets	719 000	2 100 000	1 318 000	1 240 000
Total Assets	19 461 000	21 703 000	20 394 000	23 088 000
Total Equity	−7 207 000	−6 780 000	−8 013 000	−5 289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 734 000	26 635 000	27 633 000	28 033 000
Creditors	593 000	1 536 000	153 000	103 000
Unpaid Taxes	155 000	185 000	28 000	162 000
Dividends	0	0	0	0
Other Current Debt	185 000	127 000	56 000	79 000
Total Current Debt	933 000	1 848 000	774 000	344 000
Total Equity and Debt	19 461 000	21 703 000	20 394 000	23 088 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,91 %	−18,19 %	33,99 %	−15,64 %
Debt-to-Equity Ratio	−3,57	−3,93	−3,45	−5,3
Operating Profit Margin	18,69 %	43,22 %	16,51 %	50,33 %
Current Ratio	0,77	1,14	1,7	3,6
Quick Ratio	0,77	1,14	1,7	3,6
Equity Ratio	−0,37	−0,31	−0,39	−0,23
Gross Profit Margin	93,06 %	96,05 %	92,78 %	97,31 %