KÅRVÅG NÆRINGSHAGE AS

6532 AVERØY

Finances

Share Ownership

Return on Equity

19,64 %

Current Ratio

0,06

Debt-to-Equity Ratio

−4,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	389 000	389 000	389 000	389 000
Net Income	−194 000	−183 000	−229 000	−172 000
Total Assets	3 729 000	3 853 000	4 015 000	4 069 000
Total Equity	−988 000	−794 000	−611 000	−382 000

Income (NOK)	2022	2021	2020	2019
Revenue	389 000	389 000	389 000	389 000
Expenditure	373 000	394 000	433 000	395 000
Operating Profit	16 000	−5 000	−44 000	−6 000
Financial Income	0	6 000	5 000	7 000
Financial Costs	265 000	237 000	254 000	222 000
Financial Balance	−265 000	−231 000	−249 000	−215 000
Earnings Before Tax	−249 000	−235 000	−293 000	−220 000
Tax	−55 000	−52 000	−64 000	−48 000
Net Income	−194 000	−183 000	−229 000	−172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 723 000	3 847 000	3 977 000	4 112 000
Total Current Assets	6 000	6 000	39 000	−43 000
Total Assets	3 729 000	3 853 000	4 015 000	4 069 000
Total Retained Equity	−1 988 000	−1 794 000	−1 611 000	−1 382 000
Total Equity	−988 000	−794 000	−611 000	−382 000
Total Long-Term Debt	4 618 000	4 578 000	4 248 000	4 358 000
Total Current Debt	99 000	70 000	378 000	93 000
Total Equity and Debt	3 729 000	3 853 000	4 015 000	4 069 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	389 000	389 000
Other Income	389 000	389 000	0	0
Revenue	389 000	389 000	389 000	389 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	7 000	0
Depreciation	179 000	181 000	200 000	200 000
Impairment	0	0	0	0
Expenditure	373 000	394 000	433 000	395 000
Operating Profit	16 000	−5 000	−44 000	−6 000
Financial Income	0	6 000	5 000	7 000
Financial Costs	265 000	237 000	254 000	222 000
Financial Balance	−265 000	−231 000	−249 000	−215 000
Dividends	0	0	0	0
Net Income	−194 000	−183 000	−229 000	−172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	561 000	506 000	454 000	390 000
Real Eastate	3 162 000	3 341 000	3 521 000	3 700 000
Machinery and Plant Facilities	0	0	2 000	22 000
Fixtures	0	0	0	0
Total Tangible Assets	3 162 000	3 341 000	3 522 000	3 722 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 723 000	3 847 000	3 977 000	4 112 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	6 000	0	−73 000
Total Current Assets	6 000	6 000	39 000	−43 000
Total Assets	3 729 000	3 853 000	4 015 000	4 069 000
Total Equity	−988 000	−794 000	−611 000	−382 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 618 000	4 578 000	4 248 000	4 358 000
Creditors	54 000	29 000	75 000	82 000
Unpaid Taxes	7 000	10 000	9 000	9 000
Dividends	0	0	0	0
Other Current Debt	38 000	30 000	18 000	2 000
Total Current Debt	99 000	70 000	378 000	93 000
Total Equity and Debt	3 729 000	3 853 000	4 015 000	4 069 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,64 %	23,05 %	37,48 %	45,03 %
Debt-to-Equity Ratio	−4,67	−5,77	−6,95	−11,41
Operating Profit Margin	4,11 %	−1,29 %	−11,31 %	−1,54 %
Current Ratio	0,06	0,09	0,1	−0,46
Quick Ratio	0,06	0,09	0,1	−0,46
Equity Ratio	−0,26	−0,21	−0,15	−0,09
Gross Profit Margin	100 %	100 %	100 %	100 %