KVALITETBAD AS

1911 FLATEBY

Finances

Share Ownership

Return on Equity

81,56 %

Current Ratio

0,92

Debt-to-Equity Ratio

3,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 809 000	3 691 000	2 849 000	3 321 000
Net Income	597 000	381 000	260 000	367 000
Total Assets	3 730 000	897 000	1 182 000	1 146 000
Total Equity	732 000	284 000	53 000	643 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 809 000	3 691 000	2 849 000	3 321 000
Expenditure	4 046 000	3 204 000	2 520 000	2 855 000
Operating Profit	762 000	487 000	328 000	466 000
Financial Income	4 000	4 000	5 000	5 000
Financial Costs	0	0	0	0
Financial Balance	4 000	4 000	5 000	5 000
Earnings Before Tax	766 000	491 000	333 000	471 000
Tax	169 000	110 000	73 000	104 000
Net Income	597 000	381 000	260 000	367 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 125 000	131 000	139 000	183 000
Total Current Assets	606 000	765 000	1 043 000	963 000
Total Assets	3 730 000	897 000	1 182 000	1 146 000
Total Retained Equity	702 000	254 000	23 000	613 000
Total Equity	732 000	284 000	53 000	643 000
Total Long-Term Debt	2 337 000	5 000	5 000	1 000
Total Current Debt	661 000	607 000	1 123 000	502 000
Total Equity and Debt	3 730 000	897 000	1 182 000	1 146 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 809 000	3 691 000	2 849 000	3 321 000
Other Income	0	0	0	0
Revenue	4 809 000	3 691 000	2 849 000	3 321 000
Cost of Goods Sold	2 432 000	2 033 000	1 469 000	1 748 000
Salary Costs	1 283 000	868 000	818 000	819 000
Depreciation	30 000	40 000	44 000	58 000
Impairment	0	0	0	0
Expenditure	4 046 000	3 204 000	2 520 000	2 855 000
Operating Profit	762 000	487 000	328 000	466 000
Financial Income	4 000	4 000	5 000	5 000
Financial Costs	0	0	0	0
Financial Balance	4 000	4 000	5 000	5 000
Dividends	150 000	150 000	850 000	150 000
Net Income	597 000	381 000	260 000	367 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 024 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	101 000	131 000	139 000	183 000
Total Tangible Assets	3 125 000	131 000	139 000	183 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 125 000	131 000	139 000	183 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	551 000	755 000	1 032 000	952 000
Total Current Assets	606 000	765 000	1 043 000	963 000
Total Assets	3 730 000	897 000	1 182 000	1 146 000
Total Equity	732 000	284 000	53 000	643 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 337 000	5 000	5 000	1 000
Creditors	27 000	142 000	24 000	20 000
Unpaid Taxes	196 000	123 000	111 000	119 000
Dividends	150 000	150 000	850 000	150 000
Other Current Debt	119 000	83 000	65 000	109 000
Total Current Debt	661 000	607 000	1 123 000	502 000
Total Equity and Debt	3 730 000	897 000	1 182 000	1 146 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,56 %	134,15 %	490,57 %	57,08 %
Debt-to-Equity Ratio	3,19	0,02	0,09	0
Operating Profit Margin	15,85 %	13,19 %	11,51 %	14,03 %
Current Ratio	0,92	1,26	0,93	1,92
Quick Ratio	0,92	1,26	0,93	1,92
Equity Ratio	0,2	0,32	0,04	0,56
Gross Profit Margin	49,43 %	44,92 %	48,44 %	47,37 %