KVALEN AS

5515 HAUGESUND

Finances

Return on Equity

59,71 %

Current Ratio

0,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 541 000	2 761 000	4 494 000	0
Net Income	787 000	210 000	855 000	−1 000
Total Assets	3 251 000	1 152 000	2 329 000	65 000
Total Equity	1 318 000	531 000	871 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 541 000	2 761 000	4 494 000	0
Expenditure	2 492 000	2 491 000	3 409 000	1 000
Operating Profit	1 049 000	270 000	1 086 000	−1 000
Financial Income	0	0	0	0
Financial Costs	37 000	0	0	0
Financial Balance	−37 000	0	0	0
Earnings Before Tax	1 012 000	270 000	1 086 000	−1 000
Tax	225 000	60 000	231 000	0
Net Income	787 000	210 000	855 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 623 000	8 000	15 000	65 000
Total Current Assets	628 000	1 144 000	2 314 000	0
Total Assets	3 251 000	1 152 000	2 329 000	65 000
Total Retained Equity	1 287 000	501 000	819 000	−36 000
Total Equity	1 318 000	531 000	871 000	15 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 933 000	621 000	1 458 000	50 000
Total Equity and Debt	3 251 000	1 152 000	2 329 000	65 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 541 000	2 761 000	4 494 000	0
Other Income	0	0	0	0
Revenue	3 541 000	2 761 000	4 494 000	0
Cost of Goods Sold	0	11 000	0	0
Salary Costs	1 889 000	2 031 000	3 082 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 492 000	2 491 000	3 409 000	1 000
Operating Profit	1 049 000	270 000	1 086 000	−1 000
Financial Income	0	0	0	0
Financial Costs	37 000	0	0	0
Financial Balance	−37 000	0	0	0
Dividends	0	150 000	0	0
Net Income	787 000	210 000	855 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 615 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 615 000	0	0	0
Total Fiancial Fixed Assets	8 000	8 000	15 000	65 000
Total Fixed Assets	2 623 000	8 000	15 000	65 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	554 000	887 000	1 518 000	0
Total Current Assets	628 000	1 144 000	2 314 000	0
Total Assets	3 251 000	1 152 000	2 329 000	65 000
Total Equity	1 318 000	531 000	871 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 000	14 000	9 000	0
Unpaid Taxes	281 000	300 000	592 000	0
Dividends	0	150 000	0	0
Other Current Debt	1 408 000	97 000	626 000	50 000
Total Current Debt	1 933 000	621 000	1 458 000	50 000
Total Equity and Debt	3 251 000	1 152 000	2 329 000	65 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,71 %	39,55 %	98,16 %	−6,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,62 %	9,78 %	24,17 %	-
Current Ratio	0,32	1,84	1,59	0
Quick Ratio	0,32	1,84	1,59	0
Equity Ratio	0,41	0,46	0,37	0,23
Gross Profit Margin	100 %	99,6 %	100 %	-