KVAMNET HOLDING AS

5600 NORHEIMSUND

Finances

Return on Equity

0,3 %

Current Ratio

0,68

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	180 000	180 000	180 000	180 000
Net Income	27 000	335 000	3 371 000	389 000
Total Assets	12 421 000	12 004 000	12 868 000	10 609 000
Total Equity	9 035 000	9 007 000	8 672 000	5 302 000

Income (NOK)	2022	2021	2020	2019
Revenue	180 000	180 000	180 000	180 000
Expenditure	92 000	86 000	87 000	150 000
Operating Profit	88 000	94 000	93 000	30 000
Financial Income	57 000	432 000	3 616 000	625 000
Financial Costs	110 000	96 000	133 000	158 000
Financial Balance	−53 000	336 000	3 483 000	467 000
Earnings Before Tax	35 000	430 000	3 576 000	497 000
Tax	8 000	95 000	205 000	108 000
Net Income	27 000	335 000	3 371 000	389 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 120 000	9 862 000	9 865 000	9 917 000
Total Current Assets	1 301 000	2 142 000	3 003 000	691 000
Total Assets	12 421 000	12 004 000	12 868 000	10 609 000
Total Retained Equity	8 935 000	8 907 000	8 572 000	5 202 000
Total Equity	9 035 000	9 007 000	8 672 000	5 302 000
Total Long-Term Debt	1 480 000	482 000	639 000	806 000
Total Current Debt	1 906 000	2 514 000	3 556 000	4 502 000
Total Equity and Debt	12 421 000	12 004 000	12 868 000	10 609 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	180 000	180 000	180 000	180 000
Other Income	0	0	0	0
Revenue	180 000	180 000	180 000	180 000
Cost of Goods Sold	65 000	65 000	65 000	130 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	92 000	86 000	87 000	150 000
Operating Profit	88 000	94 000	93 000	30 000
Financial Income	57 000	432 000	3 616 000	625 000
Financial Costs	110 000	96 000	133 000	158 000
Financial Balance	−53 000	336 000	3 483 000	467 000
Dividends	0	0	0	0
Net Income	27 000	335 000	3 371 000	389 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	11 120 000	9 862 000	9 865 000	9 917 000
Total Fixed Assets	11 120 000	9 862 000	9 865 000	9 917 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	1 000	2 000	1 000
Total Current Assets	1 301 000	2 142 000	3 003 000	691 000
Total Assets	12 421 000	12 004 000	12 868 000	10 609 000
Total Equity	9 035 000	9 007 000	8 672 000	5 302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 480 000	482 000	639 000	806 000
Creditors	0	259 000	194 000	163 000
Unpaid Taxes	22 000	24 000	24 000	8 000
Dividends	0	0	0	0
Other Current Debt	1 876 000	2 137 000	3 025 000	4 223 000
Total Current Debt	1 906 000	2 514 000	3 556 000	4 502 000
Total Equity and Debt	12 421 000	12 004 000	12 868 000	10 609 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,3 %	3,72 %	38,87 %	7,34 %
Debt-to-Equity Ratio	0,16	0,05	0,07	0,15
Operating Profit Margin	48,89 %	52,22 %	51,67 %	16,67 %
Current Ratio	0,68	0,85	0,84	0,15
Quick Ratio	0,68	0,85	0,84	0,15
Equity Ratio	0,73	0,75	0,67	0,5
Gross Profit Margin	63,89 %	63,89 %	63,89 %	27,78 %