KVÅSFOSSEN AS

4588 KVÅS

Finances

Share Ownership

Return on Equity

5,94 %

Current Ratio

2,02

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 323 000	1 923 000	2 496 000	2 184 000
Net Income	19 000	−241 000	159 000	−336 000
Total Assets	958 000	1 401 000	1 795 000	1 788 000
Total Equity	320 000	301 000	542 000	384 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 323 000	1 923 000	2 496 000	2 184 000
Expenditure	2 303 000	2 166 000	2 330 000	2 518 000
Operating Profit	19 000	−243 000	166 000	−335 000
Financial Income	0	0	0	0
Financial Costs	0	−2 000	7 000	1 000
Financial Balance	0	2 000	−7 000	−1 000
Earnings Before Tax	19 000	−241 000	159 000	−336 000
Tax	0	0	0	0
Net Income	19 000	−241 000	159 000	−336 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	685 000	848 000	916 000	1 065 000
Total Current Assets	273 000	553 000	879 000	723 000
Total Assets	958 000	1 401 000	1 795 000	1 788 000
Total Retained Equity	−204 000	−223 000	18 000	−141 000
Total Equity	320 000	301 000	542 000	384 000
Total Long-Term Debt	503 000	940 000	0	600 000
Total Current Debt	135 000	160 000	1 253 000	804 000
Total Equity and Debt	958 000	1 401 000	1 795 000	1 788 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 633 000	1 054 000	1 390 000	1 533 000
Other Income	690 000	869 000	1 106 000	651 000
Revenue	2 323 000	1 923 000	2 496 000	2 184 000
Cost of Goods Sold	174 000	157 000	426 000	190 000
Salary Costs	682 000	601 000	462 000	976 000
Depreciation	163 000	191 000	201 000	134 000
Impairment	0	0	0	0
Expenditure	2 303 000	2 166 000	2 330 000	2 518 000
Operating Profit	19 000	−243 000	166 000	−335 000
Financial Income	0	0	0	0
Financial Costs	0	−2 000	7 000	1 000
Financial Balance	0	2 000	−7 000	−1 000
Dividends	0	0	0	0
Net Income	19 000	−241 000	159 000	−336 000

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	538 000	615 000	84 000	833 000
Fixtures	146 000	233 000	832 000	229 000
Total Tangible Assets	685 000	848 000	916 000	1 062 000
Total Fiancial Fixed Assets	0	0	0	3 000
Total Fixed Assets	685 000	848 000	916 000	1 065 000
Stock	55 000	58 000	10 000	38 000
Total Investments	0	0	0	0
Cash, Bank	25 000	237 000	344 000	314 000
Total Current Assets	273 000	553 000	879 000	723 000
Total Assets	958 000	1 401 000	1 795 000	1 788 000
Total Equity	320 000	301 000	542 000	384 000
Short-Term Group Debt	0	0	0	100 000
Total Long-Term Debt	503 000	940 000	0	600 000
Creditors	36 000	72 000	265 000	294 000
Unpaid Taxes	34 000	32 000	31 000	41 000
Dividends	0	0	0	0
Other Current Debt	65 000	56 000	957 000	369 000
Total Current Debt	135 000	160 000	1 253 000	804 000
Total Equity and Debt	958 000	1 401 000	1 795 000	1 788 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,94 %	−80,07 %	29,34 %	−87,5 %
Debt-to-Equity Ratio	1,57	3,12	0	1,56
Operating Profit Margin	0,82 %	−12,64 %	6,65 %	−15,34 %
Current Ratio	2,02	3,46	0,7	0,9
Quick Ratio	3,41	5,42	0,71	0,94
Equity Ratio	0,33	0,21	0,3	0,21
Gross Profit Margin	92,51 %	91,84 %	82,93 %	91,3 %