KVIK HAUGESUND AS

5536 HAUGESUND

Finances

Share Ownership

Return on Equity

−30,59 %

Current Ratio

1,41

Debt-to-Equity Ratio

1,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 946 000	24 642 000	20 216 000	18 007 000
Net Income	−376 000	1 317 000	1 265 000	643 000
Total Assets	7 620 000	7 539 000	6 290 000	4 176 000
Total Equity	1 229 000	2 005 000	687 000	−178 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 946 000	24 642 000	20 216 000	18 007 000
Expenditure	24 235 000	22 808 000	18 559 000	17 323 000
Operating Profit	−288 000	1 835 000	1 657 000	683 000
Financial Income	0	0	36 000	0
Financial Costs	64 000	27 000	35 000	35 000
Financial Balance	−64 000	−27 000	1 000	−35 000
Earnings Before Tax	−353 000	1 808 000	1 657 000	649 000
Tax	24 000	490 000	392 000	6 000
Net Income	−376 000	1 317 000	1 265 000	643 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 569 000	309 000	348 000	363 000
Total Current Assets	6 051 000	7 231 000	5 941 000	3 813 000
Total Assets	7 620 000	7 539 000	6 290 000	4 176 000
Total Retained Equity	1 129 000	1 905 000	587 000	−278 000
Total Equity	1 229 000	2 005 000	687 000	−178 000
Total Long-Term Debt	2 113 000	277 000	313 000	343 000
Total Current Debt	4 278 000	5 258 000	5 289 000	4 010 000
Total Equity and Debt	7 620 000	7 539 000	6 290 000	4 176 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 946 000	24 642 000	20 216 000	18 007 000
Other Income	0	0	0	0
Revenue	23 946 000	24 642 000	20 216 000	18 007 000
Cost of Goods Sold	16 081 000	15 575 000	13 028 000	11 617 000
Salary Costs	4 630 000	4 071 000	2 960 000	3 093 000
Depreciation	111 000	62 000	58 000	8 000
Impairment	0	0	0	0
Expenditure	24 235 000	22 808 000	18 559 000	17 323 000
Operating Profit	−288 000	1 835 000	1 657 000	683 000
Financial Income	0	0	36 000	0
Financial Costs	64 000	27 000	35 000	35 000
Financial Balance	−64 000	−27 000	1 000	−35 000
Dividends	400 000	0	400 000	0
Net Income	−376 000	1 317 000	1 265 000	643 000

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	343 000
Fixtures	1 569 000	309 000	348 000	20 000
Total Tangible Assets	1 569 000	309 000	348 000	363 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 569 000	309 000	348 000	363 000
Stock	2 356 000	2 307 000	2 040 000	1 509 000
Total Investments	0	0	0	0
Cash, Bank	1 131 000	2 578 000	1 256 000	234 000
Total Current Assets	6 051 000	7 231 000	5 941 000	3 813 000
Total Assets	7 620 000	7 539 000	6 290 000	4 176 000
Total Equity	1 229 000	2 005 000	687 000	−178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 113 000	277 000	313 000	343 000
Creditors	380 000	187 000	715 000	727 000
Unpaid Taxes	968 000	1 185 000	911 000	816 000
Dividends	400 000	0	400 000	0
Other Current Debt	2 907 000	3 395 000	2 872 000	2 461 000
Total Current Debt	4 278 000	5 258 000	5 289 000	4 010 000
Total Equity and Debt	7 620 000	7 539 000	6 290 000	4 176 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,59 %	65,69 %	184,13 %	−361,24 %
Debt-to-Equity Ratio	1,72	0,14	0,46	−1,93
Operating Profit Margin	−1,2 %	7,45 %	8,2 %	3,79 %
Current Ratio	1,41	1,38	1,12	0,95
Quick Ratio	3,15	2,45	1,83	1,52
Equity Ratio	0,16	0,27	0,11	−0,04
Gross Profit Margin	32,84 %	36,79 %	35,56 %	35,49 %