KVERNELAND INDUSTRIER AS

4307 SANDNES

Finances

Return on Equity

0,57 %

Current Ratio

7,67

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	600 000	850 000	2 013 000	24 660 000
Net Income	47 000	471 000	2 223 000	−103 000
Total Assets	9 480 000	12 029 000	12 206 000	17 232 000
Total Equity	8 301 000	11 354 000	10 883 000	8 660 000

Income (NOK)	2022	2021	2020	2019
Revenue	600 000	850 000	2 013 000	24 660 000
Expenditure	223 000	231 000	744 000	24 826 000
Operating Profit	376 000	619 000	1 269 000	−165 000
Financial Income	137 000	2 000	1 651 000	62 000
Financial Costs	364 000	18 000	68 000	29 000
Financial Balance	−227 000	−16 000	1 583 000	33 000
Earnings Before Tax	149 000	604 000	2 852 000	−133 000
Tax	102 000	133 000	629 000	−30 000
Net Income	47 000	471 000	2 223 000	−103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 691 000	2 355 000	1 785 000	2 586 000
Total Current Assets	7 788 000	9 674 000	10 422 000	14 646 000
Total Assets	9 480 000	12 029 000	12 206 000	17 232 000
Total Retained Equity	8 201 000	11 254 000	10 783 000	8 560 000
Total Equity	8 301 000	11 354 000	10 883 000	8 660 000
Total Long-Term Debt	164 000	212 000	883 000	692 000
Total Current Debt	1 015 000	462 000	440 000	7 881 000
Total Equity and Debt	9 480 000	12 029 000	12 206 000	17 232 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	600 000	680 000	990 000	24 478 000
Other Income	0	170 000	1 023 000	182 000
Revenue	600 000	850 000	2 013 000	24 660 000
Cost of Goods Sold	0	0	233 000	13 244 000
Salary Costs	0	0	19 000	7 448 000
Depreciation	105 000	107 000	257 000	399 000
Impairment	0	0	0	0
Expenditure	223 000	231 000	744 000	24 826 000
Operating Profit	376 000	619 000	1 269 000	−165 000
Financial Income	137 000	2 000	1 651 000	62 000
Financial Costs	364 000	18 000	68 000	29 000
Financial Balance	−227 000	−16 000	1 583 000	33 000
Dividends	0	0	0	0
Net Income	47 000	471 000	2 223 000	−103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	398 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	40 000	67 000	94 000	236 000
Fixtures	292 000	370 000	864 000	1 126 000
Total Tangible Assets	332 000	437 000	958 000	1 362 000
Total Fiancial Fixed Assets	1 359 000	1 918 000	827 000	827 000
Total Fixed Assets	1 691 000	2 355 000	1 785 000	2 586 000
Stock	0	0	0	357 000
Total Investments	0	0	0	0
Cash, Bank	2 174 000	1 694 000	1 996 000	6 330 000
Total Current Assets	7 788 000	9 674 000	10 422 000	14 646 000
Total Assets	9 480 000	12 029 000	12 206 000	17 232 000
Total Equity	8 301 000	11 354 000	10 883 000	8 660 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	164 000	212 000	883 000	692 000
Creditors	0	1 000	18 000	2 923 000
Unpaid Taxes	43 000	25 000	138 000	2 460 000
Dividends	0	0	0	0
Other Current Debt	972 000	285 000	285 000	2 498 000
Total Current Debt	1 015 000	462 000	440 000	7 881 000
Total Equity and Debt	9 480 000	12 029 000	12 206 000	17 232 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,57 %	4,15 %	20,43 %	−1,19 %
Debt-to-Equity Ratio	0,02	0,02	0,08	0,08
Operating Profit Margin	62,67 %	72,82 %	63,04 %	−0,67 %
Current Ratio	7,67	20,94	23,69	1,86
Quick Ratio	7,67	20,94	23,69	1,95
Equity Ratio	0,88	0,94	0,89	0,5
Gross Profit Margin	100 %	100 %	88,43 %	46,29 %