KVERNENESSMITH UTLEIGE AS

5460 HUSNES

Finances

Share Ownership

Return on Equity

−3,96 %

Current Ratio

0,05

Debt-to-Equity Ratio

−0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	594 000	460 000	418 000	1 192 000
Net Income	36 000	113 000	−195 000	−36 000
Total Assets	440 000	557 000	682 000	845 000
Total Equity	−909 000	−946 000	−1 059 000	−864 000

Income (NOK)	2022	2021	2020	2019
Revenue	594 000	460 000	418 000	1 192 000
Expenditure	425 000	223 000	477 000	1 081 000
Operating Profit	169 000	237 000	−59 000	112 000
Financial Income	0	0	0	0
Financial Costs	132 000	124 000	136 000	148 000
Financial Balance	−132 000	−124 000	−136 000	−148 000
Earnings Before Tax	36 000	113 000	−195 000	−36 000
Tax	0	0	0	0
Net Income	36 000	113 000	−195 000	−36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	410 000	503 000	600 000	697 000
Total Current Assets	31 000	53 000	82 000	148 000
Total Assets	440 000	557 000	682 000	845 000
Total Retained Equity	−1 249 000	−1 286 000	−1 399 000	−1 204 000
Total Equity	−909 000	−946 000	−1 059 000	−864 000
Total Long-Term Debt	742 000	809 000	869 000	897 000
Total Current Debt	608 000	693 000	872 000	812 000
Total Equity and Debt	440 000	557 000	682 000	845 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	486 000	287 000	301 000	1 093 000
Other Income	108 000	173 000	117 000	99 000
Revenue	594 000	460 000	418 000	1 192 000
Cost of Goods Sold	170 000	0	5 000	60 000
Salary Costs	0	13 000	49 000	582 000
Depreciation	94 000	97 000	97 000	72 000
Impairment	0	0	0	0
Expenditure	425 000	223 000	477 000	1 081 000
Operating Profit	169 000	237 000	−59 000	112 000
Financial Income	0	0	0	0
Financial Costs	132 000	124 000	136 000	148 000
Financial Balance	−132 000	−124 000	−136 000	−148 000
Dividends	0	0	0	0
Net Income	36 000	113 000	−195 000	−36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	345 000	390 000	435 000	480 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	65 000	113 000	165 000	217 000
Total Tangible Assets	410 000	503 000	600 000	697 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	410 000	503 000	600 000	697 000
Stock	0	0	0	2 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	1 000
Total Current Assets	31 000	53 000	82 000	148 000
Total Assets	440 000	557 000	682 000	845 000
Total Equity	−909 000	−946 000	−1 059 000	−864 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	742 000	809 000	869 000	897 000
Creditors	42 000	109 000	132 000	149 000
Unpaid Taxes	92 000	40 000	26 000	138 000
Dividends	0	0	0	0
Other Current Debt	150 000	224 000	394 000	205 000
Total Current Debt	608 000	693 000	872 000	812 000
Total Equity and Debt	440 000	557 000	682 000	845 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,96 %	−11,95 %	18,41 %	4,17 %
Debt-to-Equity Ratio	−0,82	−0,86	−0,82	−1,04
Operating Profit Margin	28,45 %	51,52 %	−14,11 %	9,4 %
Current Ratio	0,05	0,08	0,09	0,18
Quick Ratio	0,05	0,08	0,09	0,18
Equity Ratio	−2,07	−1,7	−1,55	−1,02
Gross Profit Margin	71,38 %	100 %	98,8 %	94,97 %