GEORG KVERNELAND AS

4313 SANDNES

Finances

Return on Equity

27,4 %

Current Ratio

613

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	130 000	15 000	638 000
Net Income	451 000	532 000	72 000	1 226 000
Total Assets	1 843 000	1 403 000	766 000	1 540 000
Total Equity	1 646 000	1 196 000	663 000	591 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	130 000	15 000	638 000
Expenditure	44 000	34 000	29 000	48 000
Operating Profit	−41 000	96 000	−14 000	590 000
Financial Income	679 000	458 000	85 000	772 000
Financial Costs	188 000	1 000	2 000	5 000
Financial Balance	491 000	457 000	83 000	767 000
Earnings Before Tax	451 000	553 000	70 000	1 357 000
Tax	0	21 000	−3 000	130 000
Net Income	451 000	532 000	72 000	1 226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 230 000	896 000	621 000	500 000
Total Current Assets	613 000	507 000	145 000	1 040 000
Total Assets	1 843 000	1 403 000	766 000	1 540 000
Total Retained Equity	1 616 000	1 166 000	633 000	561 000
Total Equity	1 646 000	1 196 000	663 000	591 000
Total Long-Term Debt	196 000	157 000	102 000	0
Total Current Debt	1 000	50 000	1 000	948 000
Total Equity and Debt	1 843 000	1 403 000	766 000	1 540 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 000	130 000	15 000	638 000
Other Income	0	0	0	0
Revenue	4 000	130 000	15 000	638 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	0	0	0	0
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	44 000	34 000	29 000	48 000
Operating Profit	−41 000	96 000	−14 000	590 000
Financial Income	679 000	458 000	85 000	772 000
Financial Costs	188 000	1 000	2 000	5 000
Financial Balance	491 000	457 000	83 000	767 000
Dividends	0	0	0	665 000
Net Income	451 000	532 000	72 000	1 226 000

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	0	0	0	0
Fixtures	17 000	0	0	0
Total Tangible Assets	17 000	0	0	0
Total Fiancial Fixed Assets	1 214 000	896 000	621 000	500 000
Total Fixed Assets	1 230 000	896 000	621 000	500 000
Stock	0	0	0	0
Total Investments	592 000	499 000	139 000	0
Cash, Bank	10 000	6 000	1 000	1 036 000
Total Current Assets	613 000	507 000	145 000	1 040 000
Total Assets	1 843 000	1 403 000	766 000	1 540 000
Total Equity	1 646 000	1 196 000	663 000	591 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	196 000	157 000	102 000	0
Creditors	1 000	1 000	1 000	1 000
Unpaid Taxes	0	29 000	0	152 000
Dividends	0	0	0	665 000
Other Current Debt	0	0	0	0
Total Current Debt	1 000	50 000	1 000	948 000
Total Equity and Debt	1 843 000	1 403 000	766 000	1 540 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,4 %	44,48 %	10,86 %	207,45 %
Debt-to-Equity Ratio	0,12	0,13	0,15	0
Operating Profit Margin	−1 025 %	73,85 %	−93,33 %	92,48 %
Current Ratio	613	10,14	145	1,1
Quick Ratio	613	10,14	145	1,1
Equity Ratio	0,89	0,85	0,87	0,38
Gross Profit Margin	100 %	100 %	100 %	99,84 %