KVERNDALSGT. 1 AS

3717 SKIEN

Finances

Share Ownership

Return on Equity

32,2 %

Current Ratio

0,26

Debt-to-Equity Ratio

−4,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	791 000	707 000	583 000	1 116 000
Net Income	−426 000	−188 000	−487 000	−274 000
Total Assets	4 256 000	4 635 000	4 235 000	4 223 000
Total Equity	−1 323 000	−897 000	−709 000	−222 000

Income (NOK)	2022	2021	2020	2019
Revenue	791 000	707 000	583 000	1 116 000
Expenditure	1 080 000	730 000	944 000	1 364 000
Operating Profit	−289 000	−24 000	−361 000	−248 000
Financial Income	0	0	0	0
Financial Costs	235 000	217 000	194 000	173 000
Financial Balance	−235 000	−217 000	−194 000	−173 000
Earnings Before Tax	−524 000	−241 000	−556 000	−420 000
Tax	−98 000	−53 000	−68 000	−146 000
Net Income	−426 000	−188 000	−487 000	−274 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 190 000	4 071 000	3 880 000	4 026 000
Total Current Assets	65 000	563 000	355 000	197 000
Total Assets	4 256 000	4 635 000	4 235 000	4 223 000
Total Retained Equity	−1 857 000	−1 431 000	−1 243 000	−756 000
Total Equity	−1 323 000	−897 000	−709 000	−222 000
Total Long-Term Debt	5 329 000	4 867 000	4 731 000	4 101 000
Total Current Debt	250 000	665 000	213 000	344 000
Total Equity and Debt	4 256 000	4 635 000	4 235 000	4 223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	84 000
Other Income	791 000	707 000	583 000	1 032 000
Revenue	791 000	707 000	583 000	1 116 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	88 000	117 000	146 000	146 000
Impairment	0	0	0	0
Expenditure	1 080 000	730 000	944 000	1 364 000
Operating Profit	−289 000	−24 000	−361 000	−248 000
Financial Income	0	0	0	0
Financial Costs	235 000	217 000	194 000	173 000
Financial Balance	−235 000	−217 000	−194 000	−173 000
Dividends	0	0	0	0
Net Income	−426 000	−188 000	−487 000	−274 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 190 000	4 071 000	3 880 000	4 026 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 190 000	4 071 000	3 880 000	4 026 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 190 000	4 071 000	3 880 000	4 026 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	401 000	84 000	79 000
Total Current Assets	65 000	563 000	355 000	197 000
Total Assets	4 256 000	4 635 000	4 235 000	4 223 000
Total Equity	−1 323 000	−897 000	−709 000	−222 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 329 000	4 867 000	4 731 000	4 101 000
Creditors	111 000	540 000	115 000	219 000
Unpaid Taxes	14 000	0	−28 000	0
Dividends	0	0	0	0
Other Current Debt	125 000	125 000	125 000	125 000
Total Current Debt	250 000	665 000	213 000	344 000
Total Equity and Debt	4 256 000	4 635 000	4 235 000	4 223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,2 %	20,96 %	68,69 %	123,42 %
Debt-to-Equity Ratio	−4,03	−5,43	−6,67	−18,47
Operating Profit Margin	−36,54 %	−3,39 %	−61,92 %	−22,22 %
Current Ratio	0,26	0,85	1,67	0,57
Quick Ratio	0,26	0,85	1,67	0,57
Equity Ratio	−0,31	−0,19	−0,17	−0,05
Gross Profit Margin	100 %	100 %	100 %	100 %