KVERNELAND EIENDOMSUTVIKLING AS

4006 STAVANGER

Finances

Return on Equity

0,8 %

Current Ratio

2,11

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	335 000	368 000	618 000	638 000
Net Income	954 000	102 000	15 218 000	−853 000
Total Assets	157 871 000	168 003 000	130 390 000	144 345 000
Total Equity	119 985 000	119 530 000	119 428 000	106 249 000

Income (NOK)	2022	2021	2020	2019
Revenue	335 000	368 000	618 000	638 000
Expenditure	2 165 000	2 815 000	3 553 000	937 000
Operating Profit	−1 830 000	−2 447 000	−2 935 000	−299 000
Financial Income	4 011 000	3 473 000	19 269 000	3 097 000
Financial Costs	958 000	831 000	617 000	3 164 000
Financial Balance	3 053 000	2 642 000	18 652 000	−67 000
Earnings Before Tax	1 223 000	195 000	15 717 000	−366 000
Tax	269 000	93 000	499 000	488 000
Net Income	954 000	102 000	15 218 000	−853 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	151 046 000	162 539 000	120 542 000	131 018 000
Total Current Assets	6 825 000	5 463 000	9 848 000	13 327 000
Total Assets	157 871 000	168 003 000	130 390 000	144 345 000
Total Retained Equity	33 663 000	33 208 000	33 106 000	19 927 000
Total Equity	119 985 000	119 530 000	119 428 000	106 249 000
Total Long-Term Debt	34 649 000	36 061 000	1 533 000	13 626 000
Total Current Debt	3 237 000	12 411 000	9 429 000	24 470 000
Total Equity and Debt	157 871 000	168 003 000	130 390 000	144 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	41 000	0	27 000
Other Income	335 000	327 000	618 000	611 000
Revenue	335 000	368 000	618 000	638 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	183 000	183 000	183 000
Depreciation	14 000	164 000	164 000	164 000
Impairment	0	0	0	0
Expenditure	2 165 000	2 815 000	3 553 000	937 000
Operating Profit	−1 830 000	−2 447 000	−2 935 000	−299 000
Financial Income	4 011 000	3 473 000	19 269 000	3 097 000
Financial Costs	958 000	831 000	617 000	3 164 000
Financial Balance	3 053 000	2 642 000	18 652 000	−67 000
Dividends	0	0	0	0
Net Income	954 000	102 000	15 218 000	−853 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	14 000	178 000	342 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	14 000	178 000	342 000
Total Fiancial Fixed Assets	151 046 000	162 526 000	120 364 000	130 676 000
Total Fixed Assets	151 046 000	162 539 000	120 542 000	131 018 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	120 000	196 000	3 737 000	77 000
Total Current Assets	6 825 000	5 463 000	9 848 000	13 327 000
Total Assets	157 871 000	168 003 000	130 390 000	144 345 000
Total Equity	119 985 000	119 530 000	119 428 000	106 249 000
Short-Term Group Debt	3 223 000	12 395 000	7 735 000	24 418 000
Total Long-Term Debt	34 649 000	36 061 000	1 533 000	13 626 000
Creditors	14 000	15 000	944 000	52 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	750 000	0
Total Current Debt	3 237 000	12 411 000	9 429 000	24 470 000
Total Equity and Debt	157 871 000	168 003 000	130 390 000	144 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,8 %	0,09 %	12,74 %	−0,8 %
Debt-to-Equity Ratio	0,29	0,3	0,01	0,13
Operating Profit Margin	−546,27 %	−664,95 %	−474,92 %	−46,87 %
Current Ratio	2,11	0,44	1,04	0,54
Quick Ratio	2,11	0,44	1,04	0,54
Equity Ratio	0,76	0,71	0,92	0,74
Gross Profit Margin	100 %	100 %	100 %	100 %