KVINNHERAD BIOENERGI AS

5464 DIMMELSVIK

Finances

Share Ownership

Return on Equity

106,69 %

Current Ratio

2,06

Debt-to-Equity Ratio

1,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 332 000	1 712 000	1 120 000	1 364 000
Net Income	1 291 000	176 000	−186 000	−305 000
Total Assets	5 310 000	3 564 000	3 589 000	4 156 000
Total Equity	1 210 000	519 000	343 000	528 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 332 000	1 712 000	1 120 000	1 364 000
Expenditure	1 533 000	1 386 000	1 235 000	1 588 000
Operating Profit	1 799 000	325 000	−115 000	−224 000
Financial Income	0	0	0	4 000
Financial Costs	72 000	58 000	71 000	85 000
Financial Balance	−72 000	−58 000	−71 000	−81 000
Earnings Before Tax	1 727 000	268 000	−186 000	−305 000
Tax	436 000	92 000	0	0
Net Income	1 291 000	176 000	−186 000	−305 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 583 000	2 185 000	2 806 000	3 427 000
Total Current Assets	3 727 000	1 379 000	784 000	729 000
Total Assets	5 310 000	3 564 000	3 589 000	4 156 000
Total Retained Equity	710 000	19 000	−157 000	28 000
Total Equity	1 210 000	519 000	343 000	528 000
Total Long-Term Debt	2 289 000	2 716 000	3 144 000	3 559 000
Total Current Debt	1 811 000	329 000	104 000	68 000
Total Equity and Debt	5 310 000	3 564 000	3 589 000	4 156 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 175 000	1 480 000	814 000	1 207 000
Other Income	157 000	232 000	307 000	157 000
Revenue	3 332 000	1 712 000	1 120 000	1 364 000
Cost of Goods Sold	164 000	408 000	172 000	305 000
Salary Costs	416 000	87 000	24 000	129 000
Depreciation	601 000	621 000	621 000	621 000
Impairment	0	0	0	0
Expenditure	1 533 000	1 386 000	1 235 000	1 588 000
Operating Profit	1 799 000	325 000	−115 000	−224 000
Financial Income	0	0	0	4 000
Financial Costs	72 000	58 000	71 000	85 000
Financial Balance	−72 000	−58 000	−71 000	−81 000
Dividends	600 000	0	0	0
Net Income	1 291 000	176 000	−186 000	−305 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 541 000	1 663 000	1 784 000	1 905 000
Machinery and Plant Facilities	42 000	522 000	1 022 000	1 522 000
Fixtures	0	0	0	0
Total Tangible Assets	1 583 000	2 185 000	2 806 000	3 427 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 583 000	2 185 000	2 806 000	3 427 000
Stock	83 000	102 000	299 000	46 000
Total Investments	0	0	0	0
Cash, Bank	840 000	400 000	566 000	428 000
Total Current Assets	3 727 000	1 379 000	784 000	729 000
Total Assets	5 310 000	3 564 000	3 589 000	4 156 000
Total Equity	1 210 000	519 000	343 000	528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 289 000	2 716 000	3 144 000	3 559 000
Creditors	209 000	65 000	100 000	37 000
Unpaid Taxes	520 000	163 000	0	18 000
Dividends	600 000	0	0	0
Other Current Debt	46 000	9 000	3 000	13 000
Total Current Debt	1 811 000	329 000	104 000	68 000
Total Equity and Debt	5 310 000	3 564 000	3 589 000	4 156 000

Financial indicators	2022	2021	2020	2019
Return on Equity	106,69 %	33,91 %	−54,23 %	−57,77 %
Debt-to-Equity Ratio	1,89	5,23	9,17	6,74
Operating Profit Margin	53,99 %	18,98 %	−10,27 %	−16,42 %
Current Ratio	2,06	4,19	7,54	10,72
Quick Ratio	2,16	6,07	−4,02	33,14
Equity Ratio	0,23	0,15	0,1	0,13
Gross Profit Margin	95,08 %	76,17 %	84,64 %	77,64 %