JØRN MORTEN KVIKSTAD AS

2836 BIRI

Finances

Share Ownership

Return on Equity

59,04 %

Current Ratio

0,08

Debt-to-Equity Ratio

−0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 000	425 000	673 000	774 000
Net Income	−98 000	−17 000	−89 000	11 000
Total Assets	122 000	127 000	227 000	414 000
Total Equity	−166 000	−68 000	−51 000	38 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 000	425 000	673 000	774 000
Expenditure	125 000	440 000	778 000	716 000
Operating Profit	−120 000	−15 000	−105 000	58 000
Financial Income	0	0	1 000	2 000
Financial Costs	6 000	8 000	10 000	0
Financial Balance	−6 000	−8 000	−9 000	2 000
Earnings Before Tax	−126 000	−22 000	−114 000	61 000
Tax	−28 000	−5 000	−25 000	49 000
Net Income	−98 000	−17 000	−89 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	105 000	113 000	144 000	242 000
Total Current Assets	18 000	15 000	83 000	172 000
Total Assets	122 000	127 000	227 000	414 000
Total Retained Equity	−196 000	−98 000	−81 000	8 000
Total Equity	−166 000	−68 000	−51 000	38 000
Total Long-Term Debt	76 000	114 000	150 000	246 000
Total Current Debt	213 000	82 000	127 000	130 000
Total Equity and Debt	122 000	127 000	227 000	414 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 000	424 000	650 000	735 000
Other Income	0	0	22 000	40 000
Revenue	5 000	425 000	673 000	774 000
Cost of Goods Sold	0	24 000	32 000	43 000
Salary Costs	21 000	220 000	467 000	459 000
Depreciation	36 000	36 000	54 000	37 000
Impairment	0	0	0	0
Expenditure	125 000	440 000	778 000	716 000
Operating Profit	−120 000	−15 000	−105 000	58 000
Financial Income	0	0	1 000	2 000
Financial Costs	6 000	8 000	10 000	0
Financial Balance	−6 000	−8 000	−9 000	2 000
Dividends	0	0	0	0
Net Income	−98 000	−17 000	−89 000	11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	57 000	29 000	24 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	84 000	120 000	242 000
Total Tangible Assets	48 000	84 000	120 000	242 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	105 000	113 000	144 000	242 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	3 000	62 000	120 000
Total Current Assets	18 000	15 000	83 000	172 000
Total Assets	122 000	127 000	227 000	414 000
Total Equity	−166 000	−68 000	−51 000	38 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	76 000	114 000	150 000	246 000
Creditors	16 000	31 000	30 000	27 000
Unpaid Taxes	0	8 000	50 000	47 000
Dividends	0	0	0	0
Other Current Debt	198 000	43 000	48 000	55 000
Total Current Debt	213 000	82 000	127 000	130 000
Total Equity and Debt	122 000	127 000	227 000	414 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,04 %	25 %	174,51 %	28,95 %
Debt-to-Equity Ratio	−0,46	−1,68	−2,94	6,47
Operating Profit Margin	−2 400 %	−3,53 %	−15,6 %	7,49 %
Current Ratio	0,08	0,18	0,65	1,32
Quick Ratio	0,08	0,18	0,65	1,32
Equity Ratio	−1,36	−0,54	−0,22	0,09
Gross Profit Margin	100 %	94,35 %	95,25 %	94,44 %