KVN2 AS

3111 TØNSBERG

Finances

Share Ownership

Return on Equity

−1,1 %

Current Ratio

0,18

Debt-to-Equity Ratio

5,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 898 000	1 665 000	1 614 000	1 610 000
Net Income	−30 000	77 000	−29 000	−200 000
Total Assets	21 698 000	21 250 000	21 735 000	22 048 000
Total Equity	2 734 000	2 764 000	2 687 000	2 716 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 898 000	1 665 000	1 614 000	1 610 000
Expenditure	1 299 000	1 030 000	1 005 000	1 163 000
Operating Profit	599 000	636 000	609 000	448 000
Financial Income	1 000	0	0	153 000
Financial Costs	613 000	512 000	621 000	916 000
Financial Balance	−612 000	−512 000	−621 000	−763 000
Earnings Before Tax	−13 000	124 000	−12 000	−315 000
Tax	17 000	47 000	17 000	−114 000
Net Income	−30 000	77 000	−29 000	−200 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 935 000	21 036 000	21 646 000	21 915 000
Total Current Assets	763 000	214 000	88 000	133 000
Total Assets	21 698 000	21 250 000	21 735 000	22 048 000
Total Retained Equity	1 234 000	1 264 000	1 187 000	1 216 000
Total Equity	2 734 000	2 764 000	2 687 000	2 716 000
Total Long-Term Debt	14 820 000	14 864 000	18 772 000	16 186 000
Total Current Debt	4 143 000	3 622 000	276 000	3 146 000
Total Equity and Debt	21 698 000	21 250 000	21 735 000	22 048 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 410 000	1 334 000	1 614 000	1 610 000
Other Income	488 000	331 000	0	0
Revenue	1 898 000	1 665 000	1 614 000	1 610 000
Cost of Goods Sold	488 000	331 000	17 000	52 000
Salary Costs	0	0	0	0
Depreciation	576 000	564 000	560 000	542 000
Impairment	0	0	0	0
Expenditure	1 299 000	1 030 000	1 005 000	1 163 000
Operating Profit	599 000	636 000	609 000	448 000
Financial Income	1 000	0	0	153 000
Financial Costs	613 000	512 000	621 000	916 000
Financial Balance	−612 000	−512 000	−621 000	−763 000
Dividends	0	0	0	0
Net Income	−30 000	77 000	−29 000	−200 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	27 000	74 000	91 000
Real Eastate	20 814 000	21 009 000	21 573 000	21 824 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	109 000	0	0	0
Total Tangible Assets	20 924 000	21 009 000	21 573 000	21 824 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 935 000	21 036 000	21 646 000	21 915 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 000	121 000	9 000	0
Total Current Assets	763 000	214 000	88 000	133 000
Total Assets	21 698 000	21 250 000	21 735 000	22 048 000
Total Equity	2 734 000	2 764 000	2 687 000	2 716 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 820 000	14 864 000	18 772 000	16 186 000
Creditors	76 000	48 000	72 000	61 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 067 000	3 573 000	205 000	3 085 000
Total Current Debt	4 143 000	3 622 000	276 000	3 146 000
Total Equity and Debt	21 698 000	21 250 000	21 735 000	22 048 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,1 %	2,79 %	−1,08 %	−7,36 %
Debt-to-Equity Ratio	5,42	5,38	6,99	5,96
Operating Profit Margin	31,56 %	38,2 %	37,73 %	27,83 %
Current Ratio	0,18	0,06	0,32	0,04
Quick Ratio	0,18	0,06	0,32	0,04
Equity Ratio	0,13	0,13	0,12	0,12
Gross Profit Margin	74,29 %	80,12 %	98,95 %	96,77 %