KVIK FREDRIKSTAD AS

1662 ROLVSØY

Finances

Share Ownership

Return on Equity

29,67 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 266 000	45 832 000	40 159 000	37 295 000
Net Income	1 689 000	2 388 000	1 784 000	2 037 000
Total Assets	17 538 000	17 936 000	14 514 000	12 854 000
Total Equity	5 693 000	5 504 000	4 466 000	5 183 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 266 000	45 832 000	40 159 000	37 295 000
Expenditure	62 998 000	42 643 000	37 955 000	34 652 000
Operating Profit	2 268 000	3 189 000	2 203 000	2 644 000
Financial Income	4 000	−3 000	108 000	1 000
Financial Costs	53 000	24 000	33 000	32 000
Financial Balance	−49 000	−27 000	75 000	−31 000
Earnings Before Tax	2 219 000	3 162 000	2 278 000	2 613 000
Tax	529 000	774 000	495 000	576 000
Net Income	1 689 000	2 388 000	1 784 000	2 037 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	530 000	247 000	314 000	382 000
Total Current Assets	17 008 000	17 689 000	14 200 000	12 472 000
Total Assets	17 538 000	17 936 000	14 514 000	12 854 000
Total Retained Equity	5 663 000	5 474 000	4 436 000	5 153 000
Total Equity	5 693 000	5 504 000	4 466 000	5 183 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 845 000	12 432 000	10 048 000	7 671 000
Total Equity and Debt	17 538 000	17 936 000	14 514 000	12 854 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 249 000	45 832 000	40 159 000	37 295 000
Other Income	17 000	0	0	0
Revenue	65 266 000	45 832 000	40 159 000	37 295 000
Cost of Goods Sold	45 698 000	31 320 000	27 867 000	25 124 000
Salary Costs	9 526 000	6 337 000	5 392 000	5 338 000
Depreciation	142 000	68 000	68 000	71 000
Impairment	0	0	0	0
Expenditure	62 998 000	42 643 000	37 955 000	34 652 000
Operating Profit	2 268 000	3 189 000	2 203 000	2 644 000
Financial Income	4 000	−3 000	108 000	1 000
Financial Costs	53 000	24 000	33 000	32 000
Financial Balance	−49 000	−27 000	75 000	−31 000
Dividends	1 500 000	1 350 000	2 500 000	0
Net Income	1 689 000	2 388 000	1 784 000	2 037 000

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	88 000	74 000	95 000	116 000
Fixtures	442 000	173 000	219 000	266 000
Total Tangible Assets	530 000	247 000	314 000	382 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	530 000	247 000	314 000	382 000
Stock	4 648 000	2 669 000	2 234 000	2 299 000
Total Investments	0	0	0	0
Cash, Bank	10 375 000	12 905 000	9 974 000	8 376 000
Total Current Assets	17 008 000	17 689 000	14 200 000	12 472 000
Total Assets	17 538 000	17 936 000	14 514 000	12 854 000
Total Equity	5 693 000	5 504 000	4 466 000	5 183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	836 000	225 000	0	0
Unpaid Taxes	1 917 000	1 848 000	1 681 000	1 618 000
Dividends	1 500 000	1 350 000	2 500 000	0
Other Current Debt	8 563 000	9 585 000	7 872 000	5 477 000
Total Current Debt	11 845 000	12 432 000	10 048 000	7 671 000
Total Equity and Debt	17 538 000	17 936 000	14 514 000	12 854 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,67 %	43,39 %	39,95 %	39,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,48 %	6,96 %	5,49 %	7,09 %
Current Ratio	1,44	1,42	1,41	1,63
Quick Ratio	2,36	1,81	1,82	2,32
Equity Ratio	0,32	0,31	0,31	0,4
Gross Profit Margin	29,98 %	31,66 %	30,61 %	32,63 %