KVISTINGEN AS

7074 SPONGDAL

Finances

Share Ownership

Return on Equity

88,72 %

Current Ratio

5,4

Debt-to-Equity Ratio

−6,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	193 000	225 000	236 000	108 000
Net Income	−118 000	−45 000	40 000	−43 000
Total Assets	794 000	1 150 000	567 000	791 000
Total Equity	−133 000	−16 000	30 000	−10 000

Income (NOK)	2022	2021	2020	2019
Revenue	193 000	225 000	236 000	108 000
Expenditure	289 000	260 000	196 000	150 000
Operating Profit	−96 000	−34 000	39 000	−42 000
Financial Income	0	0	0	0
Financial Costs	22 000	11 000	0	1 000
Financial Balance	−22 000	−11 000	0	−1 000
Earnings Before Tax	−118 000	−45 000	40 000	−43 000
Tax	0	0	0	0
Net Income	−118 000	−45 000	40 000	−43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	562 000	778 000	311 000	419 000
Total Current Assets	232 000	371 000	256 000	372 000
Total Assets	794 000	1 150 000	567 000	791 000
Total Retained Equity	−238 000	−120 000	−75 000	−114 000
Total Equity	−133 000	−16 000	30 000	−10 000
Total Long-Term Debt	885 000	1 163 000	500 000	800 000
Total Current Debt	43 000	2 000	37 000	0
Total Equity and Debt	794 000	1 150 000	567 000	791 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	193 000	225 000	236 000	108 000
Other Income	0	0	0	0
Revenue	193 000	225 000	236 000	108 000
Cost of Goods Sold	0	0	0	3 000
Salary Costs	0	0	0	0
Depreciation	216 000	218 000	167 000	134 000
Impairment	0	0	0	0
Expenditure	289 000	260 000	196 000	150 000
Operating Profit	−96 000	−34 000	39 000	−42 000
Financial Income	0	0	0	0
Financial Costs	22 000	11 000	0	1 000
Financial Balance	−22 000	−11 000	0	−1 000
Dividends	0	0	0	0
Net Income	−118 000	−45 000	40 000	−43 000

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	562 000	778 000	311 000	419 000
Fixtures	0	0	0	0
Total Tangible Assets	562 000	778 000	311 000	419 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	562 000	778 000	311 000	419 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	232 000	246 000	171 000	331 000
Total Current Assets	232 000	371 000	256 000	372 000
Total Assets	794 000	1 150 000	567 000	791 000
Total Equity	−133 000	−16 000	30 000	−10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	885 000	1 163 000	500 000	800 000
Creditors	11 000	0	0	0
Unpaid Taxes	30 000	0	37 000	0
Dividends	0	0	0	0
Other Current Debt	1 000	2 000	0	0
Total Current Debt	43 000	2 000	37 000	0
Total Equity and Debt	794 000	1 150 000	567 000	791 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,72 %	281,25 %	133,33 %	430 %
Debt-to-Equity Ratio	−6,65	−72,69	16,67	−80
Operating Profit Margin	−49,74 %	−15,11 %	16,53 %	−38,89 %
Current Ratio	5,4	185,5	6,92	-
Quick Ratio	5,4	185,5	6,92	-
Equity Ratio	−0,17	−0,01	0,05	−0,01
Gross Profit Margin	100 %	100 %	100 %	97,22 %