KVÅLSETH UTLEIGE AS

3840 SELJORD

Finances

Share Ownership

Return on Equity

41,67 %

Current Ratio

0,43

Debt-to-Equity Ratio

−3,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	490 000	403 000	285 000	148 000
Net Income	−45 000	−70 000	21 000	−8 000
Total Assets	623 000	740 000	164 000	182 000
Total Equity	−108 000	−64 000	7 000	−14 000

Income (NOK)	2022	2021	2020	2019
Revenue	490 000	403 000	285 000	148 000
Expenditure	515 000	455 000	264 000	156 000
Operating Profit	−26 000	−52 000	21 000	−8 000
Financial Income	0	0	0	0
Financial Costs	18 000	18 000	0	0
Financial Balance	−18 000	−18 000	0	0
Earnings Before Tax	−45 000	−70 000	21 000	−8 000
Tax	0	0	0	0
Net Income	−45 000	−70 000	21 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	465 000	524 000	17 000	22 000
Total Current Assets	158 000	217 000	147 000	160 000
Total Assets	623 000	740 000	164 000	182 000
Total Retained Equity	−138 000	−94 000	−23 000	−44 000
Total Equity	−108 000	−64 000	7 000	−14 000
Total Long-Term Debt	363 000	415 000	0	0
Total Current Debt	368 000	389 000	158 000	196 000
Total Equity and Debt	623 000	740 000	164 000	182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	490 000	403 000	230 000	148 000
Other Income	0	0	55 000	0
Revenue	490 000	403 000	285 000	148 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	97 000	90 000	5 000	2 000
Impairment	17 000	17 000	0	0
Expenditure	515 000	455 000	264 000	156 000
Operating Profit	−26 000	−52 000	21 000	−8 000
Financial Income	0	0	0	0
Financial Costs	18 000	18 000	0	0
Financial Balance	−18 000	−18 000	0	0
Dividends	0	0	0	0
Net Income	−45 000	−70 000	21 000	−8 000

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	0	0	0	0
Fixtures	465 000	524 000	17 000	22 000
Total Tangible Assets	465 000	524 000	17 000	22 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	465 000	524 000	17 000	22 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	35 000	30 000	18 000	51 000
Total Current Assets	158 000	217 000	147 000	160 000
Total Assets	623 000	740 000	164 000	182 000
Total Equity	−108 000	−64 000	7 000	−14 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	363 000	415 000	0	0
Creditors	103 000	78 000	39 000	11 000
Unpaid Taxes	24 000	0	2 000	0
Dividends	0	0	0	0
Other Current Debt	241 000	311 000	117 000	185 000
Total Current Debt	368 000	389 000	158 000	196 000
Total Equity and Debt	623 000	740 000	164 000	182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,67 %	109,38 %	300 %	57,14 %
Debt-to-Equity Ratio	−3,36	−6,48	0	−0
Operating Profit Margin	−5,31 %	−12,9 %	7,37 %	−5,41 %
Current Ratio	0,43	0,56	0,93	0,82
Quick Ratio	0,43	0,56	0,93	0,82
Equity Ratio	−0,17	−0,09	0,04	−0,08
Gross Profit Margin	100 %	100 %	100 %	100 %