KWAN AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

61,84 %

Current Ratio

5,64

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	467 000	538 000	583 000	641 000
Net Income	141 000	249 000	63 000	84 000
Total Assets	440 000	359 000	239 000	272 000
Total Equity	228 000	119 000	55 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	467 000	538 000	583 000	641 000
Expenditure	287 000	300 000	479 000	501 000
Operating Profit	181 000	238 000	104 000	140 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	181 000	237 000	104 000	140 000
Tax	40 000	−12 000	42 000	56 000
Net Income	141 000	249 000	63 000	84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	−134 000	−125 000	−115 000
Total Current Assets	440 000	493 000	364 000	388 000
Total Assets	440 000	359 000	239 000	272 000
Total Retained Equity	0	−109 000	−173 000	−154 000
Total Equity	228 000	119 000	55 000	74 000
Total Long-Term Debt	134 000	0	0	0
Total Current Debt	78 000	240 000	184 000	199 000
Total Equity and Debt	440 000	359 000	239 000	272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	467 000	538 000	583 000	631 000
Other Income	1 000	0	0	9 000
Revenue	467 000	538 000	583 000	641 000
Cost of Goods Sold	30 000	22 000	44 000	40 000
Salary Costs	5 000	23 000	27 000	39 000
Depreciation	0	9 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	287 000	300 000	479 000	501 000
Operating Profit	181 000	238 000	104 000	140 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	32 000	185 000	81 000	106 000
Net Income	141 000	249 000	63 000	84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	−134 000	−134 000	−134 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	9 000	19 000
Total Tangible Assets	0	0	9 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	−134 000	−125 000	−115 000
Stock	33 000	43 000	37 000	57 000
Total Investments	0	0	0	0
Cash, Bank	386 000	428 000	307 000	305 000
Total Current Assets	440 000	493 000	364 000	388 000
Total Assets	440 000	359 000	239 000	272 000
Total Equity	228 000	119 000	55 000	74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	134 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	32 000	185 000	81 000	106 000
Other Current Debt	7 000	3 000	12 000	13 000
Total Current Debt	78 000	240 000	184 000	199 000
Total Equity and Debt	440 000	359 000	239 000	272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,84 %	209,24 %	114,55 %	113,51 %
Debt-to-Equity Ratio	0,59	0	0	0
Operating Profit Margin	38,76 %	44,24 %	17,84 %	21,84 %
Current Ratio	5,64	2,05	1,98	1,95
Quick Ratio	9,78	2,5	2,48	2,73
Equity Ratio	0,52	0,33	0,23	0,27
Gross Profit Margin	93,58 %	95,91 %	92,45 %	93,76 %