$CVR
CHICAGO RIVET & MACHINE CO Stock $cvr

$cvr Overview Financials Valuation SEC Filings Company Website

2023 Q1 Form 10-K Financial Statement

#000119312523083675 Filed on March 29, 2023

Income Statement

Concept	2023 Q1	2022 Q4	2022
Revenue	$8.730M	$6.857M	$33.65M
YoY Change	-5.09%	-11.51%	-0.97%
Cost Of Revenue	$8.252M	$7.464M	$29.83M
YoY Change	12.41%	15.16%	8.44%
Gross Profit	$477.5K	-$607.2K	$3.815M
YoY Change	-74.28%	-147.9%	-40.99%
Gross Profit Margin	5.47%	-8.85%	11.34%
Selling, General & Admin	$1.258M	$1.183M	$4.993M
YoY Change	-2.93%	1.14%	-2.23%
% of Gross Profit	263.39%		130.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$306.0K	$319.7K	$1.280M
YoY Change	-4.49%	-2.39%	-2.93%
% of Gross Profit	64.09%		33.55%
Operating Expenses	$1.258M	$1.183M	$254.1K
YoY Change	-2.93%	1.14%	-95.02%
Operating Profit	-$780.2K	-$1.790M	$3.561M
YoY Change	-239.18%	-1919.4%	162.06%
Interest Expense			$55.33K
YoY Change			179.44%
% of Operating Profit			1.55%
Other Income/Expense, Net	$43.06K	$56.09K	$91.43K
YoY Change	341.14%	374.94%	155.69%
Pretax Income	-$737.1K	-$1.734M	$3.653M
YoY Change	-229.25%	-1673.47%	158.23%
Income Tax	-$154.0K	-$421.0K	$785.0K
% Of Pretax Income			21.49%
Net Earnings	-$583.1K	-$1.313M	$2.868M
YoY Change	-230.36%	-1716.96%	157.54%
Net Earnings / Revenue	-6.68%	-19.14%	8.52%
Basic Earnings Per Share
Diluted Earnings Per Share	-$0.60	-$1.36	$2.97
COMMON SHARES
Basic Shares Outstanding	966.1K shares	966.1K shares	966.1K shares
Diluted Shares Outstanding	966.1K shares		966.1K shares

Balance Sheet

Concept	2023 Q1	2022 Q4	2022
SHORT-TERM ASSETS
Cash & Short-Term Investments	$4.459M	$6.736M	$6.736M
YoY Change	9.92%	40.98%	40.98%
Cash & Equivalents	$2.266M	$4.045M	$4.045M
Short-Term Investments	$2.193M	$2.691M	$2.691M
Other Short-Term Assets	$420.2K	$422.7K	$931.9K
YoY Change	9.37%	22.1%	168.8%
Inventory	$9.999M	$9.121M	$9.121M
Prepaid Expenses
Receivables	$6.173M	$4.975M	$4.975M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$21.72M	$21.76M	$21.76M
YoY Change	4.98%	12.81%	12.81%
LONG-TERM ASSETS
Property, Plant & Equipment	$11.97M	$11.86M	$11.86M
YoY Change	-2.48%	-4.91%	-4.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$11.97M	$11.86M	$11.86M
YoY Change	-2.48%	-4.91%	-4.91%
TOTAL ASSETS
Total Short-Term Assets	$21.72M	$21.76M	$21.76M
Total Long-Term Assets	$11.97M	$11.86M	$11.86M
Total Assets	$33.69M	$33.63M	$33.63M
YoY Change	2.2%	5.85%	5.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.621M	$697.2K	$697.2K
YoY Change	12.07%	0.66%	0.66%
Accrued Expenses	$115.7K	$328.0K	$790.3K
YoY Change	-88.19%	-10.5%	-9.76%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$2.596M	$1.691M	$1.691M
YoY Change	-9.23%	-9.6%	-9.6%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.596M	$1.691M	$1.691M
Total Long-Term Liabilities	$0.00	$0.00	$0.00
Total Liabilities	$3.501M	$2.639M	$2.639M
YoY Change	-6.94%	-5.63%	-5.63%
SHAREHOLDERS EQUITY
Retained Earnings	$32.53M	$33.32M
YoY Change		6.44%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$3.922M	$3.922M
YoY Change		0.0%
Treasury Stock Shares
Shareholders Equity	$30.19M	$30.99M	$30.99M
YoY Change
Total Liabilities & Shareholders Equity	$33.69M	$33.63M	$33.63M
YoY Change	2.2%	5.85%	5.85%

Cashflow Statement

Concept	2023 Q1	2022 Q4	2022
OPERATING ACTIVITIES
Net Income	-$583.1K	-$1.313M	$2.868M
YoY Change	-230.36%	-1716.96%	157.54%
Depreciation, Depletion And Amortization	$306.0K	$319.7K	$1.280M
YoY Change	-4.49%	-2.39%	-2.93%
Cash From Operating Activities	-$1.651M	-$852.2K	-$1.265M
YoY Change	325.19%	57.09%	25.31%
INVESTING ACTIVITIES
Capital Expenditures	$413.4K	$273.9K	$969.9K
YoY Change	-442.83%	-428.85%	-244.57%
Acquisitions
YoY Change
Other Investing Activities	$498.0K	$55.00K	$5.093M
YoY Change			154.69%
Cash From Investing Activities	$84.58K	-$218.9K	$4.123M
YoY Change	-170.14%	162.78%	210.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$212.5K	-212.5K	-$850.2K
YoY Change	0.0%	0.0%	0.0%
NET CHANGE
Cash From Operating Activities	-$1.651M	-852.2K	-$1.265M
Cash From Investing Activities	$84.58K	-218.9K	$4.123M
Cash From Financing Activities	-$212.5K	-212.5K	-$850.2K
Net Change In Cash	-$1.779M	-1.284M	$2.008M
YoY Change	146.61%	53.12%	-478.34%
FREE CASH FLOW
Cash From Operating Activities	-$1.651M	-$852.2K	-$1.265M
Capital Expenditures	$413.4K	$273.9K	$969.9K
Free Cash Flow	-$2.065M	-$1.126M	-$2.235M
YoY Change	671.03%	145.22%	560.08%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022	dei	Document Type DocumentType	10-K
CY2022	dei	Document Annual Report DocumentAnnualReport	true
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	697235	usd
CY2021Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	692635	usd
CY2022Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	462332	usd
CY2021Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	509332	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	327961	usd
CY2022	dei	Document Period End Date DocumentPeriodEndDate	2022-12-31
CY2022	dei	Document Transition Report DocumentTransitionReport	false
CY2022	dei	Entity File Number EntityFileNumber	000-01227
CY2022	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	IL
CY2022	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	36-0904920
CY2022	dei	Entity Address Address Line1 EntityAddressAddressLine1	901 Frontenac Road
CY2022	dei	Entity Address City Or Town EntityAddressCityOrTown	Naperville
CY2022	dei	Entity Address State Or Province EntityAddressStateOrProvince	IL
CY2022	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	60563
CY2022	dei	City Area Code CityAreaCode	630
CY2022	dei	Local Phone Number LocalPhoneNumber	357-8500
CY2022	dei	Security12b Title Security12bTitle	Common Stock, par value $1.00 per share
CY2022	dei	Trading Symbol TradingSymbol	CVR
CY2022	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2022	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2022	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2022	dei	Entity Small Business EntitySmallBusiness	true
CY2022	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2022	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2022	dei	Entity Shell Company EntityShellCompany	false
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CY2023Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	966132	shares
CY2022	dei	Auditor Firm AuditorFirmId	173
CY2022	dei	Auditor Name AuditorName	Crowe LLP
CY2022	dei	Auditor Location AuditorLocation	Oak Brook, Illinois
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CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	4975137	usd
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	5647984	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	9121230	usd
CY2021Q4	us-gaap	Inventory Net InventoryNet	8519780	usd
CY2022Q4	us-gaap	Prepaid Taxes PrepaidTaxes	509119	usd
CY2021Q4	us-gaap	Prepaid Taxes PrepaidTaxes	440	usd
CY2022Q4	us-gaap	Other Assets Current OtherAssetsCurrent	422747	usd
CY2021Q4	us-gaap	Other Assets Current OtherAssetsCurrent	346236	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	21764334	usd
CY2021Q4	us-gaap	Assets Current AssetsCurrent	19292394	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	11861793	usd
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	12473864	usd
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CY2021Q4	us-gaap	Assets Assets	31766258	usd
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	366418	usd
CY2022Q4	us-gaap	Customer Advances And Deposits Current CustomerAdvancesAndDepositsCurrent	203717	usd
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CY2022Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	948084	usd
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CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	500000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2021Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2022Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2021Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1.00
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CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	4000000	shares
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CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	966132	shares
CY2022Q4	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	1138096	usd
CY2021Q4	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	1138096	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	447134	usd
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CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	31306233	usd
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CY2021Q4	us-gaap	Treasury Stock Value TreasuryStockValue	3922098	usd
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CY2021	us-gaap	Operating Income Loss OperatingIncomeLoss	1358915	usd
CY2022	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	91433	usd
CY2021	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	55557	usd
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CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	1414472	usd
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CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-530777	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2036954	usd
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CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2036954	usd
CY2022	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1271679	usd
CY2021	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	300500	usd
CY2022Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	4460071	usd
CY2021Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	4645923	usd
CY2022	us-gaap	Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure	<p style="font:10pt Arial;margin:0"><b>Revenue Recognition-</b> Revenue is recognized when control of the promised goods or services is transferred to our customers, generally upon shipment of goods or completion of services, in an amount that reflects the consideration we expect to receive in exchange for those goods or services. Sales taxes we may collect concurrent with revenue producing activities are excluded from revenue. Revenue is recognized net of certain sales adjustments to arrive at net sales as reported on the statement of income. These adjustments primarily relate to customer returns and allowances, which vary over time. The Company records a liability and reduction in sales for estimated product returns based upon historical experience. If we determine that our obligation under warranty claims is probable and subject to reasonable determination, an estimate of that liability is recorded as an offset against revenue at that time. As of December 31, 2022 and 2021, reserves for warranty claims were not material. Cash received by the Company prior to shipment is recorded as unearned revenue. In 2022 and 2021 the Company recognized revenue from such payments of $302,357 and $248,799, respectively, that was included in the unearned revenue balance at the beginning of the period. Shipping and handling fees billed to customers are recognized in net sales, and related costs as cost of sales, when incurred.</p>
CY2022	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	302357	usd
CY2021	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	248799	usd
CY2022	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p style="font:10pt Arial;margin:0"><b>Credit Risk-</b>The Company extends credit on the basis of terms that are customary within our markets to various companies doing business primarily in the automotive industry. The Company has a concentration of credit risk primarily within the automotive industry and in the Midwestern United States. The Company has established an allowance for accounts that may become uncollectible in the future. This estimated allowance is based primarily on management's evaluation of the financial condition of the customer and historical experience. The Company monitors its accounts receivable and charges to expense an amount equal to its estimate of potential credit losses. The Company considers a number of factors in determining its estimates, including the length of time its trade accounts receivable are past due, the Company's previous loss history and the customer's current ability to pay its obligation. Accounts receivable balances are charged off against the allowance when it is determined that the receivable will not be recovered.</p>
CY2022Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	2747427	usd
CY2021Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	2181457	usd
CY2022Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	2534732	usd
CY2021Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	2304400	usd
CY2022Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	621000	usd
CY2021Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	612000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	9121230	usd
CY2021Q4	us-gaap	Inventory Net InventoryNet	8519780	usd
CY2022Q4	us-gaap	Liability For Uncertain Tax Positions Current LiabilityForUncertainTaxPositionsCurrent	0	usd
CY2021Q4	us-gaap	Liability For Uncertain Tax Positions Current LiabilityForUncertainTaxPositionsCurrent	0	usd
CY2022	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	0	usd
CY2021	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	0	usd
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	966132	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	966132	shares
CY2022	us-gaap	Use Of Estimates UseOfEstimates	<p style="font:10pt Arial;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0"><span style="font-family:Arial"><b>Use of Estimates-</b>The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and the accompanying notes. Significant items subject to estimates and assumptions include depreciable lives, deferred taxes and valuation allowances for accounts receivable and inventory obsolescence. Actual results could differ from those estimates.</span></p>
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-85000	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	785000	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	301000	usd
CY2022Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	1510513	usd
CY2021Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	1778819	usd
CY2022Q4	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	6818066	usd
CY2021Q4	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	8456983	usd
CY2022Q4	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	35982194	usd
CY2021Q4	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	35618735	usd
CY2022Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	1038768	usd
CY2021Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	1060379	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	33487748	usd
CY2021Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	34441052	usd
CY2022Q4	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	11861793	usd
CY2021Q4	us-gaap	Property Plant And Equipment Other Net PropertyPlantAndEquipmentOtherNet	12473864	usd
CY2022Q4	us-gaap	Other Employee Related Liabilities Current OtherEmployeeRelatedLiabilitiesCurrent	170000	usd
CY2021Q4	us-gaap	Other Employee Related Liabilities Current OtherEmployeeRelatedLiabilitiesCurrent	145000	usd
CY2022Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	41497	usd
CY2021Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	80269	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	116464	usd
CY2021Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	141149	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	327961	usd
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	366418	usd
CY2022	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	723000	usd
CY2021	us-gaap	Federal Income Tax Expense Benefit Continuing Operations FederalIncomeTaxExpenseBenefitContinuingOperations	378000	usd
CY2022	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	40000	usd
CY2021	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	8000	usd
CY2022	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	22000	usd
CY2022	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	767000	usd
CY2022	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210	pure
CY2021	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	297000	usd
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210	pure
CY2022	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-14000	usd
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	-0.004	pure
CY2021	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-2000	usd
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	-0.001	pure
CY2022	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	32000	usd
CY2022	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.009	pure
CY2021	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	6000	usd
CY2021	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.004	pure
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	785000	usd
CY2022	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.215	pure
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	301000	usd
CY2021	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.213	pure
CY2022Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	1216451	usd
CY2021Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	1196119	usd
CY2022Q4	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	157687	usd
CY2021Q4	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	157600	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences	71923	usd
CY2021Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences	74037	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts	38250	usd
CY2021Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts	38250	usd
CY2022Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	507	usd
CY2021Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	148	usd
CY2022Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	948084	usd
CY2021Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	926084	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	usd
CY2021Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	usd
CY2022	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	170000	usd
CY2021	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	145000	usd
CY2022	us-gaap	Investment Income Interest InvestmentIncomeInterest	55333	usd
CY2021	us-gaap	Investment Income Interest InvestmentIncomeInterest	19797	usd
CY2022	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	36100	usd
CY2021	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	35760	usd
CY2022	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	91433	usd
CY2021	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	55557	usd
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	33646033	usd
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	33974558	usd
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	33646033	usd
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	33974558	usd
CY2022	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	91000	usd
CY2021	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	27000	usd
CY2022Q4	us-gaap	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals	51000	usd
CY2022	us-gaap	Dividends Payable Date Declared Day Month And Year DividendsPayableDateDeclaredDayMonthAndYear	2023-02-20
CY2022Q4	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.22
CY2022Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	212549	usd
CY2022	us-gaap	Dividend Payable Date To Be Paid Day Month And Year DividendPayableDateToBePaidDayMonthAndYear	2023-03-20
CY2022	us-gaap	Dividends Payable Date Of Record Day Month And Year DividendsPayableDateOfRecordDayMonthAndYear	2023-03-03

Files In Submission

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$CVR
CHICAGO RIVET & MACHINE CO Stock $cvr

2023 Q1 Form 10-K Financial Statement

#000119312523083675 Filed on March 29, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CVR CHICAGO RIVET & MACHINE CO Stock $cvr

2023 Q1 Form 10-K Financial Statement

#000119312523083675 Filed on March 29, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CVR
CHICAGO RIVET & MACHINE CO Stock $cvr