KVARSTEIN ØKONOMI AS

4708 VENNESLA

Finances

Share Ownership

Return on Equity

191,67 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 291 000	1 888 000	1 736 000	778 000
Net Income	92 000	175 000	208 000	85 000
Total Assets	258 000	1 169 000	970 000	661 000
Total Equity	48 000	806 000	631 000	423 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 291 000	1 888 000	1 736 000	778 000
Expenditure	1 173 000	1 663 000	1 470 000	669 000
Operating Profit	118 000	225 000	266 000	108 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	118 000	225 000	266 000	108 000
Tax	26 000	49 000	59 000	24 000
Net Income	92 000	175 000	208 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	258 000	1 169 000	970 000	661 000
Total Assets	258 000	1 169 000	970 000	661 000
Total Retained Equity	18 000	776 000	601 000	393 000
Total Equity	48 000	806 000	631 000	423 000
Total Long-Term Debt	0	0	3 000	4 000
Total Current Debt	210 000	363 000	336 000	234 000
Total Equity and Debt	258 000	1 169 000	970 000	661 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 288 000	1 831 000	1 698 000	757 000
Other Income	3 000	56 000	38 000	21 000
Revenue	1 291 000	1 888 000	1 736 000	778 000
Cost of Goods Sold	0	1 000	2 000	31 000
Salary Costs	874 000	1 377 000	1 267 000	414 000
Depreciation	0	0	0	22 000
Impairment	0	0	0	0
Expenditure	1 173 000	1 663 000	1 470 000	669 000
Operating Profit	118 000	225 000	266 000	108 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	850 000	0	0	0
Net Income	92 000	175 000	208 000	85 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	48 000	229 000	127 000	59 000
Total Current Assets	258 000	1 169 000	970 000	661 000
Total Assets	258 000	1 169 000	970 000	661 000
Total Equity	48 000	806 000	631 000	423 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	4 000
Creditors	14 000	19 000	8 000	28 000
Unpaid Taxes	54 000	167 000	154 000	73 000
Dividends	850 000	0	0	0
Other Current Debt	116 000	125 000	116 000	105 000
Total Current Debt	210 000	363 000	336 000	234 000
Total Equity and Debt	258 000	1 169 000	970 000	661 000

Financial indicators	2022	2021	2020	2019
Return on Equity	191,67 %	21,71 %	32,96 %	20,09 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	9,14 %	11,92 %	15,32 %	13,88 %
Current Ratio	1,23	3,22	2,89	2,82
Quick Ratio	1,23	3,22	2,89	2,82
Equity Ratio	0,19	0,69	0,65	0,64
Gross Profit Margin	100 %	99,95 %	99,88 %	96,02 %