KVENNIN AS

2040 KLØFTA

Finances

Return on Equity

−150 %

Current Ratio

1,15

Debt-to-Equity Ratio

5,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	891 000	683 000	746 000	429 000
Net Income	−78 000	−50 000	32 000	−14 000
Total Assets	594 000	618 000	468 000	309 000
Total Equity	52 000	130 000	180 000	148 000

Income (NOK)	2022	2021	2020	2019
Revenue	891 000	683 000	746 000	429 000
Expenditure	952 000	723 000	741 000	446 000
Operating Profit	−61 000	−41 000	5 000	−17 000
Financial Income	0	0	29 000	0
Financial Costs	17 000	9 000	0	1 000
Financial Balance	−17 000	−9 000	29 000	−1 000
Earnings Before Tax	−78 000	−50 000	33 000	−18 000
Tax	0	0	1 000	−4 000
Net Income	−78 000	−50 000	32 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	306 000	424 000	81 000	170 000
Total Current Assets	289 000	194 000	387 000	139 000
Total Assets	594 000	618 000	468 000	309 000
Total Retained Equity	−48 000	30 000	80 000	48 000
Total Equity	52 000	130 000	180 000	148 000
Total Long-Term Debt	291 000	310 000	41 000	81 000
Total Current Debt	251 000	178 000	248 000	81 000
Total Equity and Debt	594 000	618 000	468 000	309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	891 000	632 000	746 000	429 000
Other Income	0	50 000	0	0
Revenue	891 000	683 000	746 000	429 000
Cost of Goods Sold	487 000	301 000	328 000	257 000
Salary Costs	2 000	0	77 000	0
Depreciation	118 000	103 000	41 000	36 000
Impairment	0	0	0	0
Expenditure	952 000	723 000	741 000	446 000
Operating Profit	−61 000	−41 000	5 000	−17 000
Financial Income	0	0	29 000	0
Financial Costs	17 000	9 000	0	1 000
Financial Balance	−17 000	−9 000	29 000	−1 000
Dividends	0	0	0	0
Net Income	−78 000	−50 000	32 000	−14 000

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	306 000	424 000	81 000	122 000
Total Tangible Assets	306 000	424 000	81 000	122 000
Total Fiancial Fixed Assets	0	0	0	48 000
Total Fixed Assets	306 000	424 000	81 000	170 000
Stock	184 000	166 000	122 000	63 000
Total Investments	0	0	0	0
Cash, Bank	0	9 000	239 000	62 000
Total Current Assets	289 000	194 000	387 000	139 000
Total Assets	594 000	618 000	468 000	309 000
Total Equity	52 000	130 000	180 000	148 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	291 000	310 000	41 000	81 000
Creditors	103 000	153 000	103 000	81 000
Unpaid Taxes	4 000	1 000	33 000	0
Dividends	0	0	0	0
Other Current Debt	69 000	23 000	108 000	0
Total Current Debt	251 000	178 000	248 000	81 000
Total Equity and Debt	594 000	618 000	468 000	309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−150 %	−38,46 %	17,78 %	−9,46 %
Debt-to-Equity Ratio	5,6	2,38	0,23	0,55
Operating Profit Margin	−6,85 %	−6 %	0,67 %	−3,96 %
Current Ratio	1,15	1,09	1,56	1,72
Quick Ratio	4,31	16,17	3,07	7,72
Equity Ratio	0,09	0,21	0,38	0,48
Gross Profit Margin	45,34 %	55,93 %	56,03 %	40,09 %