KJETIL KLOVNING AS

5547 UTSIRA

Finances

Share Ownership

Return on Equity

5,76 %

Current Ratio

2,76

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 184 000	13 933 000	12 932 000	11 080 000
Net Income	119 000	149 000	270 000	106 000
Total Assets	3 780 000	3 725 000	2 938 000	2 130 000
Total Equity	2 066 000	1 947 000	1 798 000	1 528 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 184 000	13 933 000	12 932 000	11 080 000
Expenditure	13 009 000	13 745 000	12 593 000	10 945 000
Operating Profit	176 000	187 000	339 000	135 000
Financial Income	1 000	1 000	12 000	5 000
Financial Costs	36 000	15 000	23 000	6 000
Financial Balance	−35 000	−14 000	−11 000	−1 000
Earnings Before Tax	142 000	173 000	329 000	134 000
Tax	23 000	25 000	58 000	28 000
Net Income	119 000	149 000	270 000	106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	971 000	1 032 000	485 000	543 000
Total Current Assets	2 810 000	2 693 000	2 453 000	1 587 000
Total Assets	3 780 000	3 725 000	2 938 000	2 130 000
Total Retained Equity	1 866 000	1 747 000	1 598 000	1 328 000
Total Equity	2 066 000	1 947 000	1 798 000	1 528 000
Total Long-Term Debt	696 000	770 000	15 000	89 000
Total Current Debt	1 018 000	1 008 000	1 125 000	514 000
Total Equity and Debt	3 780 000	3 725 000	2 938 000	2 130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 936 000	13 767 000	12 765 000	11 033 000
Other Income	249 000	166 000	167 000	47 000
Revenue	13 184 000	13 933 000	12 932 000	11 080 000
Cost of Goods Sold	9 750 000	10 413 000	9 561 000	8 270 000
Salary Costs	2 247 000	2 438 000	2 263 000	1 993 000
Depreciation	162 000	137 000	166 000	125 000
Impairment	0	0	0	0
Expenditure	13 009 000	13 745 000	12 593 000	10 945 000
Operating Profit	176 000	187 000	339 000	135 000
Financial Income	1 000	1 000	12 000	5 000
Financial Costs	36 000	15 000	23 000	6 000
Financial Balance	−35 000	−14 000	−11 000	−1 000
Dividends	0	0	0	0
Net Income	119 000	149 000	270 000	106 000

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	103 000	380 000	396 000	417 000
Fixtures	768 000	653 000	89 000	126 000
Total Tangible Assets	871 000	1 032 000	485 000	543 000
Total Fiancial Fixed Assets	100 000	0	0	0
Total Fixed Assets	971 000	1 032 000	485 000	543 000
Stock	941 000	853 000	864 000	870 000
Total Investments	0	0	0	0
Cash, Bank	1 304 000	1 242 000	967 000	324 000
Total Current Assets	2 810 000	2 693 000	2 453 000	1 587 000
Total Assets	3 780 000	3 725 000	2 938 000	2 130 000
Total Equity	2 066 000	1 947 000	1 798 000	1 528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	696 000	770 000	15 000	89 000
Creditors	283 000	256 000	218 000	33 000
Unpaid Taxes	177 000	133 000	187 000	193 000
Dividends	0	0	0	0
Other Current Debt	543 000	619 000	645 000	257 000
Total Current Debt	1 018 000	1 008 000	1 125 000	514 000
Total Equity and Debt	3 780 000	3 725 000	2 938 000	2 130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,76 %	7,65 %	15,02 %	6,94 %
Debt-to-Equity Ratio	0,34	0,4	0,01	0,06
Operating Profit Margin	1,33 %	1,34 %	2,62 %	1,22 %
Current Ratio	2,76	2,67	2,18	3,09
Quick Ratio	36,49	17,37	9,4	−4,46
Equity Ratio	0,55	0,52	0,61	0,72
Gross Profit Margin	26,05 %	25,26 %	26,07 %	25,36 %