AS KVARISS

4513 MANDAL

Finances

Share Ownership

Return on Equity

86,6 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 879 000	876 000	709 000	1 074 000
Net Income	252 000	109 000	0	−2 000
Total Assets	1 337 000	533 000	274 000	422 000
Total Equity	291 000	139 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 879 000	876 000	709 000	1 074 000
Expenditure	1 555 000	736 000	709 000	1 078 000
Operating Profit	325 000	139 000	0	−4 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	2 000	0	1 000	−1 000
Financial Balance	−2 000	1 000	0	2 000
Earnings Before Tax	323 000	139 000	0	−2 000
Tax	71 000	30 000	0	0
Net Income	252 000	109 000	0	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 337 000	533 000	274 000	422 000
Total Assets	1 337 000	533 000	274 000	422 000
Total Retained Equity	261 000	109 000	0	0
Total Equity	291 000	139 000	30 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 046 000	394 000	244 000	392 000
Total Equity and Debt	1 337 000	533 000	274 000	422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 879 000	876 000	709 000	1 074 000
Other Income	0	0	0	0
Revenue	1 879 000	876 000	709 000	1 074 000
Cost of Goods Sold	0	0	0	4 000
Salary Costs	1 481 000	666 000	620 000	958 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 555 000	736 000	709 000	1 078 000
Operating Profit	325 000	139 000	0	−4 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	2 000	0	1 000	−1 000
Financial Balance	−2 000	1 000	0	2 000
Dividends	100 000	0	0	0
Net Income	252 000	109 000	0	−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	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	977 000	321 000	236 000	250 000
Total Current Assets	1 337 000	533 000	274 000	422 000
Total Assets	1 337 000	533 000	274 000	422 000
Total Equity	291 000	139 000	30 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	6 000	8 000	7 000
Unpaid Taxes	701 000	292 000	181 000	292 000
Dividends	100 000	0	0	0
Other Current Debt	259 000	65 000	55 000	92 000
Total Current Debt	1 046 000	394 000	244 000	392 000
Total Equity and Debt	1 337 000	533 000	274 000	422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,6 %	78,42 %	0 %	−6,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,3 %	15,87 %	0 %	−0,37 %
Current Ratio	1,28	1,35	1,12	1,08
Quick Ratio	1,28	1,35	1,12	1,08
Equity Ratio	0,22	0,26	0,11	0,07
Gross Profit Margin	100 %	100 %	100 %	99,63 %