KVÅL BILSERVICE AS

7350 BUVIKA

Finances

Share Ownership

Return on Equity

−29,78 %

Current Ratio

0,84

Debt-to-Equity Ratio

−0,53

Key figures (NOK)	2021	2020	2019	2018
Revenue	18 763 000	20 226 000	19 808 000	12 419 000
Net Income	201 000	−17 000	−427 000	−743 000
Total Assets	1 924 000	3 976 000	2 822 000	4 296 000
Total Equity	−675 000	−877 000	−860 000	−432 000

Income (NOK)	2021	2020	2019	2018
Revenue	18 763 000	20 226 000	19 808 000	12 419 000
Expenditure	18 563 000	20 243 000	20 227 000	13 160 000
Operating Profit	199 000	−16 000	−419 000	−741 000
Financial Income	3 000	5 000	22 000	10 000
Financial Costs	0	6 000	30 000	12 000
Financial Balance	3 000	−1 000	−8 000	−2 000
Earnings Before Tax	201 000	−17 000	−427 000	−743 000
Tax	0	0	0	0
Net Income	201 000	−17 000	−427 000	−743 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	30 000	39 000	182 000	263 000
Total Current Assets	1 894 000	3 936 000	2 640 000	4 034 000
Total Assets	1 924 000	3 976 000	2 822 000	4 296 000
Total Retained Equity	−875 000	−1 077 000	−1 060 000	−632 000
Total Equity	−675 000	−877 000	−860 000	−432 000
Total Long-Term Debt	357 000	607 000	809 000	1 096 000
Total Current Debt	2 243 000	4 245 000	2 873 000	3 633 000
Total Equity and Debt	1 924 000	3 976 000	2 822 000	4 296 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	17 363 000	19 102 000	18 368 000	11 745 000
Other Income	1 400 000	1 125 000	1 440 000	673 000
Revenue	18 763 000	20 226 000	19 808 000	12 419 000
Cost of Goods Sold	9 163 000	10 254 000	9 596 000	5 982 000
Salary Costs	5 241 000	5 603 000	5 822 000	3 991 000
Depreciation	9 000	79 000	80 000	82 000
Impairment	0	0	0	0
Expenditure	18 563 000	20 243 000	20 227 000	13 160 000
Operating Profit	199 000	−16 000	−419 000	−741 000
Financial Income	3 000	5 000	22 000	10 000
Financial Costs	0	6 000	30 000	12 000
Financial Balance	3 000	−1 000	−8 000	−2 000
Dividends	0	0	0	0
Net Income	201 000	−17 000	−427 000	−743 000

Balance details (NOK)	2021	2020	2019	2018
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	30 000	39 000	182 000	263 000
Total Tangible Assets	30 000	39 000	182 000	263 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	39 000	182 000	263 000
Stock	871 000	1 209 000	1 034 000	1 035 000
Total Investments	0	0	0	0
Cash, Bank	339 000	745 000	276 000	610 000
Total Current Assets	1 894 000	3 936 000	2 640 000	4 034 000
Total Assets	1 924 000	3 976 000	2 822 000	4 296 000
Total Equity	−675 000	−877 000	−860 000	−432 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	357 000	607 000	809 000	1 096 000
Creditors	1 168 000	1 821 000	844 000	1 917 000
Unpaid Taxes	273 000	535 000	535 000	426 000
Dividends	0	0	0	0
Other Current Debt	802 000	1 889 000	1 494 000	1 290 000
Total Current Debt	2 243 000	4 245 000	2 873 000	3 633 000
Total Equity and Debt	1 924 000	3 976 000	2 822 000	4 296 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−29,78 %	1,94 %	49,65 %	171,99 %
Debt-to-Equity Ratio	−0,53	−0,69	−0,94	−2,54
Operating Profit Margin	1,06 %	−0,08 %	−2,12 %	−5,97 %
Current Ratio	0,84	0,93	0,92	1,11
Quick Ratio	1,38	1,3	1,44	1,55
Equity Ratio	−0,35	−0,22	−0,3	−0,1
Gross Profit Margin	51,16 %	49,3 %	51,55 %	51,83 %