KOVACS HOLDING AS

0283 OSLO

Finances

Return on Equity

71,6 %

Current Ratio

5,8

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 609 000	471 000	55 000	68 000
Net Income	1 505 000	293 000	304 000	−6 000
Total Assets	2 602 000	1 120 000	883 000	270 000
Total Equity	2 102 000	597 000	304 000	0

Income (NOK)	2022	2021	2020	2019
Revenue	2 609 000	471 000	55 000	68 000
Expenditure	679 000	95 000	9 000	3 000
Operating Profit	1 929 000	376 000	46 000	64 000
Financial Income	0	0	268 000	42 000
Financial Costs	0	0	0	94 000
Financial Balance	0	0	268 000	−52 000
Earnings Before Tax	1 929 000	376 000	315 000	12 000
Tax	425 000	83 000	10 000	18 000
Net Income	1 505 000	293 000	304 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	769 000	554 000	479 000	253 000
Total Current Assets	1 833 000	566 000	404 000	16 000
Total Assets	2 602 000	1 120 000	883 000	270 000
Total Retained Equity	2 072 000	567 000	274 000	−30 000
Total Equity	2 102 000	597 000	304 000	0
Total Long-Term Debt	184 000	429 000	564 000	252 000
Total Current Debt	316 000	94 000	14 000	18 000
Total Equity and Debt	2 602 000	1 120 000	883 000	270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 609 000	471 000	55 000	68 000
Other Income	0	0	0	0
Revenue	2 609 000	471 000	55 000	68 000
Cost of Goods Sold	0	0	0	0
Salary Costs	531 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	679 000	95 000	9 000	3 000
Operating Profit	1 929 000	376 000	46 000	64 000
Financial Income	0	0	268 000	42 000
Financial Costs	0	0	0	94 000
Financial Balance	0	0	268 000	−52 000
Dividends	0	0	0	0
Net Income	1 505 000	293 000	304 000	−6 000

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	769 000	554 000	479 000	253 000
Total Fixed Assets	769 000	554 000	479 000	253 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 000	67 000	10 000	16 000
Total Current Assets	1 833 000	566 000	404 000	16 000
Total Assets	2 602 000	1 120 000	883 000	270 000
Total Equity	2 102 000	597 000	304 000	0
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	184 000	429 000	564 000	252 000
Creditors	−1 000	0	0	0
Unpaid Taxes	17 000	11 000	4 000	0
Dividends	0	0	0	0
Other Current Debt	50 000	0	0	0
Total Current Debt	316 000	94 000	14 000	18 000
Total Equity and Debt	2 602 000	1 120 000	883 000	270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,6 %	49,08 %	100 %	-
Debt-to-Equity Ratio	0,09	0,72	1,86	-
Operating Profit Margin	73,94 %	79,83 %	83,64 %	94,12 %
Current Ratio	5,8	6,02	28,86	0,89
Quick Ratio	5,8	6,02	28,86	0,89
Equity Ratio	0,81	0,53	0,34	0
Gross Profit Margin	100 %	100 %	100 %	100 %