GEIR OVE KVAM AS

5745 AURLAND

Finances

Return on Equity

27,77 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 954 000	1 196 000	987 000	1 445 000
Net Income	659 000	−21 000	−60 000	505 000
Total Assets	2 985 000	5 412 000	3 231 000	2 479 000
Total Equity	2 373 000	1 949 000	1 970 000	2 059 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 954 000	1 196 000	987 000	1 445 000
Expenditure	1 294 000	1 216 000	1 050 000	809 000
Operating Profit	659 000	−21 000	−64 000	635 000
Financial Income	0	8 000	9 000	13 000
Financial Costs	0	9 000	5 000	1 000
Financial Balance	0	−1 000	4 000	12 000
Earnings Before Tax	659 000	−21 000	−60 000	647 000
Tax	0	0	0	142 000
Net Income	659 000	−21 000	−60 000	505 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 980 000	2 058 000	2 124 000	0
Total Current Assets	1 005 000	3 354 000	1 106 000	2 479 000
Total Assets	2 985 000	5 412 000	3 231 000	2 479 000
Total Retained Equity	2 373 000	1 949 000	1 970 000	2 029 000
Total Equity	2 373 000	1 949 000	1 970 000	2 059 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	906 000	3 463 000	1 261 000	419 000
Total Equity and Debt	3 280 000	5 412 000	3 231 000	2 479 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	441 000	325 000	220 000	1 445 000
Other Income	1 512 000	871 000	767 000	0
Revenue	1 954 000	1 196 000	987 000	1 445 000
Cost of Goods Sold	46 000	12 000	36 000	33 000
Salary Costs	269 000	253 000	111 000	149 000
Depreciation	83 000	83 000	90 000	0
Impairment	0	0	0	0
Expenditure	1 294 000	1 216 000	1 050 000	809 000
Operating Profit	659 000	−21 000	−64 000	635 000
Financial Income	0	8 000	9 000	13 000
Financial Costs	0	9 000	5 000	1 000
Financial Balance	0	−1 000	4 000	12 000
Dividends	0	0	0	0
Net Income	659 000	−21 000	−60 000	505 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 854 000	1 918 000	1 981 000	0
Machinery and Plant Facilities	95 000	115 000	143 000	0
Fixtures	0	0	0	0
Total Tangible Assets	1 950 000	2 033 000	2 124 000	0
Total Fiancial Fixed Assets	30 000	25 000	0	0
Total Fixed Assets	1 980 000	2 058 000	2 124 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	696 000	150 000	1 013 000	2 452 000
Total Current Assets	1 005 000	3 354 000	1 106 000	2 479 000
Total Assets	2 985 000	5 412 000	3 231 000	2 479 000
Total Equity	2 373 000	1 949 000	1 970 000	2 059 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	60 000	4 000	37 000	10 000
Unpaid Taxes	38 000	17 000	0	15 000
Dividends	0	0	0	0
Other Current Debt	808 000	3 443 000	1 224 000	252 000
Total Current Debt	906 000	3 463 000	1 261 000	419 000
Total Equity and Debt	3 280 000	5 412 000	3 231 000	2 479 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,77 %	−1,08 %	−3,05 %	24,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	33,73 %	−1,76 %	−6,48 %	43,94 %
Current Ratio	1,11	0,97	0,88	5,92
Quick Ratio	1,11	0,97	0,88	5,92
Equity Ratio	0,79	0,36	0,61	0,83
Gross Profit Margin	97,65 %	99 %	96,35 %	97,72 %