KAVRINGEN AS

1452 NESODDTANGEN

Finances

Share Ownership

Return on Equity

18,15 %

Current Ratio

0,47

Debt-to-Equity Ratio

3,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 669 000	3 624 000	3 601 000	3 346 000
Net Income	584 000	751 000	973 000	203 000
Total Assets	16 763 000	16 723 000	18 623 000	18 637 000
Total Equity	3 218 000	2 946 000	2 429 000	3 156 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 669 000	3 624 000	3 601 000	3 346 000
Expenditure	2 417 000	2 204 000	1 813 000	2 340 000
Operating Profit	1 252 000	1 420 000	1 788 000	1 006 000
Financial Income	4 000	5 000	6 000	10 000
Financial Costs	507 000	461 000	547 000	756 000
Financial Balance	−503 000	−456 000	−541 000	−746 000
Earnings Before Tax	749 000	963 000	1 247 000	260 000
Tax	165 000	212 000	274 000	57 000
Net Income	584 000	751 000	973 000	203 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 751 000	16 117 000	16 372 000	16 807 000
Total Current Assets	1 012 000	606 000	2 251 000	1 830 000
Total Assets	16 763 000	16 723 000	18 623 000	18 637 000
Total Retained Equity	3 188 000	2 916 000	2 399 000	3 126 000
Total Equity	3 218 000	2 946 000	2 429 000	3 156 000
Total Long-Term Debt	11 388 000	12 292 000	13 098 000	13 490 000
Total Current Debt	2 157 000	1 485 000	3 096 000	1 991 000
Total Equity and Debt	16 763 000	16 723 000	18 623 000	18 637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 669 000	3 624 000	3 601 000	3 346 000
Other Income	0	0	0	0
Revenue	3 669 000	3 624 000	3 601 000	3 346 000
Cost of Goods Sold	0	0	0	0
Salary Costs	508 000	442 000	300 000	426 000
Depreciation	478 000	468 000	457 000	429 000
Impairment	0	0	0	0
Expenditure	2 417 000	2 204 000	1 813 000	2 340 000
Operating Profit	1 252 000	1 420 000	1 788 000	1 006 000
Financial Income	4 000	5 000	6 000	10 000
Financial Costs	507 000	461 000	547 000	756 000
Financial Balance	−503 000	−456 000	−541 000	−746 000
Dividends	0	0	0	0
Net Income	584 000	751 000	973 000	203 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 835 000	9 015 000	8 927 000	9 034 000
Machinery and Plant Facilities	4 671 000	6 827 000	7 156 000	7 469 000
Fixtures	15 000	44 000	59 000	74 000
Total Tangible Assets	15 521 000	15 887 000	16 142 000	16 577 000
Total Fiancial Fixed Assets	230 000	230 000	230 000	230 000
Total Fixed Assets	15 751 000	16 117 000	16 372 000	16 807 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	280 000	323 000	984 000	508 000
Total Current Assets	1 012 000	606 000	2 251 000	1 830 000
Total Assets	16 763 000	16 723 000	18 623 000	18 637 000
Total Equity	3 218 000	2 946 000	2 429 000	3 156 000
Short-Term Group Debt	600 000	300 000	1 968 000	628 000
Total Long-Term Debt	11 388 000	12 292 000	13 098 000	13 490 000
Creditors	436 000	5 000	39 000	321 000
Unpaid Taxes	40 000	37 000	19 000	37 000
Dividends	0	0	0	0
Other Current Debt	990 000	992 000	1 071 000	1 005 000
Total Current Debt	2 157 000	1 485 000	3 096 000	1 991 000
Total Equity and Debt	16 763 000	16 723 000	18 623 000	18 637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,15 %	25,49 %	40,06 %	6,43 %
Debt-to-Equity Ratio	3,54	4,17	5,39	4,27
Operating Profit Margin	34,12 %	39,18 %	49,65 %	30,07 %
Current Ratio	0,47	0,41	0,73	0,92
Quick Ratio	0,47	0,41	0,73	0,92
Equity Ratio	0,19	0,18	0,13	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %