KVALA INDUSTRISERVICE AS

5514 HAUGESUND

Finances

Share Ownership

Return on Equity

33,85 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 566 000	7 263 000	5 388 000	6 762 000
Net Income	916 000	760 000	24 000	2 000
Total Assets	4 828 000	3 184 000	2 236 000	2 200 000
Total Equity	2 706 000	1 790 000	1 030 000	1 007 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 566 000	7 263 000	5 388 000	6 762 000
Expenditure	9 393 000	6 455 000	5 363 000	6 759 000
Operating Profit	1 173 000	809 000	25 000	2 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	0
Earnings Before Tax	1 172 000	808 000	24 000	2 000
Tax	256 000	49 000	0	0
Net Income	916 000	760 000	24 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	438 000	244 000	345 000	318 000
Total Current Assets	4 390 000	2 940 000	1 891 000	1 881 000
Total Assets	4 828 000	3 184 000	2 236 000	2 200 000
Total Retained Equity	2 506 000	1 590 000	830 000	807 000
Total Equity	2 706 000	1 790 000	1 030 000	1 007 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 122 000	1 394 000	1 205 000	1 193 000
Total Equity and Debt	4 828 000	3 184 000	2 236 000	2 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 566 000	7 263 000	5 388 000	6 762 000
Other Income	0	0	0	0
Revenue	10 566 000	7 263 000	5 388 000	6 762 000
Cost of Goods Sold	488 000	412 000	449 000	293 000
Salary Costs	7 793 000	5 240 000	4 047 000	5 206 000
Depreciation	116 000	101 000	109 000	75 000
Impairment	0	0	0	0
Expenditure	9 393 000	6 455 000	5 363 000	6 759 000
Operating Profit	1 173 000	809 000	25 000	2 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	916 000	760 000	24 000	2 000

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	244 000	229 000	324 000	0
Fixtures	194 000	15 000	21 000	318 000
Total Tangible Assets	438 000	244 000	345 000	318 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	438 000	244 000	345 000	318 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 962 000	1 708 000	980 000	1 346 000
Total Current Assets	4 390 000	2 940 000	1 891 000	1 881 000
Total Assets	4 828 000	3 184 000	2 236 000	2 200 000
Total Equity	2 706 000	1 790 000	1 030 000	1 007 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	22 000	110 000	70 000
Unpaid Taxes	1 214 000	875 000	563 000	739 000
Dividends	0	0	0	0
Other Current Debt	634 000	448 000	533 000	384 000
Total Current Debt	2 122 000	1 394 000	1 205 000	1 193 000
Total Equity and Debt	4 828 000	3 184 000	2 236 000	2 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,85 %	42,46 %	2,33 %	0,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,1 %	11,14 %	0,46 %	0,03 %
Current Ratio	2,07	2,11	1,57	1,58
Quick Ratio	2,07	2,11	1,57	1,58
Equity Ratio	0,56	0,56	0,46	0,46
Gross Profit Margin	95,38 %	94,33 %	91,67 %	95,67 %