KVINGE LOGISTIKK MONTASJE AS

1475 FINSTADJORDET

Finances

Share Ownership

Return on Equity

−94,04 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	4 271 000	4 498 000	3 369 000	4 630 000
Net Income	−205 000	340 000	71 000	268 000
Total Assets	905 000	1 803 000	1 283 000	1 458 000
Total Equity	218 000	423 000	607 000	637 000

Income (NOK)	2021	2020	2019	2018
Revenue	4 271 000	4 498 000	3 369 000	4 630 000
Expenditure	4 469 000	4 060 000	3 277 000	4 285 000
Operating Profit	−199 000	438 000	92 000	346 000
Financial Income	0	1 000	0	1 000
Financial Costs	7 000	3 000	2 000	1 000
Financial Balance	−7 000	−2 000	−2 000	0
Earnings Before Tax	−205 000	436 000	91 000	346 000
Tax	0	96 000	20 000	77 000
Net Income	−205 000	340 000	71 000	268 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	6 000	29 000	40 000	52 000
Total Current Assets	899 000	1 774 000	1 243 000	1 407 000
Total Assets	905 000	1 803 000	1 283 000	1 458 000
Total Retained Equity	198 000	403 000	587 000	616 000
Total Equity	218 000	423 000	607 000	637 000
Total Long-Term Debt	0	0	1 000	4 000
Total Current Debt	687 000	1 380 000	675 000	817 000
Total Equity and Debt	905 000	1 803 000	1 283 000	1 458 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	4 271 000	4 498 000	3 369 000	4 630 000
Other Income	0	0	0	0
Revenue	4 271 000	4 498 000	3 369 000	4 630 000
Cost of Goods Sold	1 379 000	1 283 000	629 000	1 242 000
Salary Costs	2 324 000	2 162 000	2 086 000	2 482 000
Depreciation	7 000	12 000	12 000	6 000
Impairment	0	0	0	0
Expenditure	4 469 000	4 060 000	3 277 000	4 285 000
Operating Profit	−199 000	438 000	92 000	346 000
Financial Income	0	1 000	0	1 000
Financial Costs	7 000	3 000	2 000	1 000
Financial Balance	−7 000	−2 000	−2 000	0
Dividends	0	500 000	100 000	0
Net Income	−205 000	340 000	71 000	268 000

Balance details (NOK)	2021	2020	2019	2018
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	6 000	29 000	40 000	52 000
Total Tangible Assets	6 000	29 000	40 000	52 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 000	29 000	40 000	52 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	692 000	1 123 000	629 000	694 000
Total Current Assets	899 000	1 774 000	1 243 000	1 407 000
Total Assets	905 000	1 803 000	1 283 000	1 458 000
Total Equity	218 000	423 000	607 000	637 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	4 000
Creditors	12 000	63 000	171 000	129 000
Unpaid Taxes	385 000	463 000	201 000	367 000
Dividends	0	500 000	100 000	0
Other Current Debt	290 000	257 000	180 000	248 000
Total Current Debt	687 000	1 380 000	675 000	817 000
Total Equity and Debt	905 000	1 803 000	1 283 000	1 458 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−94,04 %	80,38 %	11,7 %	42,07 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−4,66 %	9,74 %	2,73 %	7,47 %
Current Ratio	1,31	1,29	1,84	1,72
Quick Ratio	1,31	1,29	1,84	1,72
Equity Ratio	0,24	0,23	0,47	0,44
Gross Profit Margin	67,71 %	71,48 %	81,33 %	73,17 %