KVS TRANSPORT AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

135,13 %

Current Ratio

0,62

Debt-to-Equity Ratio

−0,89

Key figures (NOK)	2021	2020	2019	2018
Revenue	20 273 000	10 282 000	10 873 000	9 628 000
Net Income	−3 543 000	247 000	−200 000	507 000
Total Assets	7 202 000	3 350 000	2 229 000	3 919 000
Total Equity	−2 622 000	920 000	910 000	1 353 000

Income (NOK)	2021	2020	2019	2018
Revenue	20 273 000	10 282 000	10 873 000	9 628 000
Expenditure	23 629 000	9 837 000	11 044 000	9 260 000
Operating Profit	−3 355 000	444 000	−171 000	368 000
Financial Income	0	0	0	0
Financial Costs	200 000	64 000	21 000	32 000
Financial Balance	−200 000	−64 000	−21 000	−32 000
Earnings Before Tax	−3 555 000	381 000	−192 000	336 000
Tax	−12 000	134 000	8 000	−171 000
Net Income	−3 543 000	247 000	−200 000	507 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 538 000	1 217 000	354 000	771 000
Total Current Assets	4 664 000	2 133 000	1 875 000	3 147 000
Total Assets	7 202 000	3 350 000	2 229 000	3 919 000
Total Retained Equity	−2 652 000	890 000	880 000	1 323 000
Total Equity	−2 622 000	920 000	910 000	1 353 000
Total Long-Term Debt	2 331 000	1 287 000	71 000	481 000
Total Current Debt	7 494 000	1 142 000	1 249 000	2 084 000
Total Equity and Debt	7 202 000	3 350 000	2 229 000	3 919 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	21 186 000	9 438 000	10 407 000	8 735 000
Other Income	−913 000	844 000	466 000	893 000
Revenue	20 273 000	10 282 000	10 873 000	9 628 000
Cost of Goods Sold	1 731 000	3 307 000	4 374 000	4 009 000
Salary Costs	13 365 000	2 967 000	2 695 000	2 074 000
Depreciation	308 000	249 000	45 000	158 000
Impairment	0	0	0	14 000
Expenditure	23 629 000	9 837 000	11 044 000	9 260 000
Operating Profit	−3 355 000	444 000	−171 000	368 000
Financial Income	0	0	0	0
Financial Costs	200 000	64 000	21 000	32 000
Financial Balance	−200 000	−64 000	−21 000	−32 000
Dividends	0	237 000	0	0
Net Income	−3 543 000	247 000	−200 000	507 000

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	2 289 000	694 000	79 000	714 000
Total Tangible Assets	2 289 000	694 000	79 000	714 000
Total Fiancial Fixed Assets	250 000	523 000	275 000	57 000
Total Fixed Assets	2 538 000	1 217 000	354 000	771 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	604 000	288 000	448 000	287 000
Total Current Assets	4 664 000	2 133 000	1 875 000	3 147 000
Total Assets	7 202 000	3 350 000	2 229 000	3 919 000
Total Equity	−2 622 000	920 000	910 000	1 353 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 331 000	1 287 000	71 000	481 000
Creditors	1 989 000	156 000	573 000	1 513 000
Unpaid Taxes	2 737 000	569 000	385 000	353 000
Dividends	0	237 000	0	0
Other Current Debt	2 768 000	372 000	291 000	151 000
Total Current Debt	7 494 000	1 142 000	1 249 000	2 084 000
Total Equity and Debt	7 202 000	3 350 000	2 229 000	3 919 000

Financial indicators	2021	2020	2019	2018
Return on Equity	135,13 %	26,85 %	−21,98 %	37,47 %
Debt-to-Equity Ratio	−0,89	1,4	0,08	0,36
Operating Profit Margin	−16,55 %	4,32 %	−1,57 %	3,82 %
Current Ratio	0,62	1,87	1,5	1,51
Quick Ratio	0,62	1,87	1,5	1,51
Equity Ratio	−0,36	0,27	0,41	0,35
Gross Profit Margin	91,46 %	67,84 %	59,77 %	58,36 %