HÅNDTVERKSENTERET KVINESDAL AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

31,53 %

Current Ratio

0,63

Debt-to-Equity Ratio

19,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 243 000	1 295 000	1 136 000	976 000
Net Income	93 000	−363 000	101 000	97 000
Total Assets	7 204 000	7 161 000	6 900 000	3 299 000
Total Equity	295 000	202 000	565 000	−136 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 243 000	1 295 000	1 136 000	976 000
Expenditure	1 119 000	1 585 000	816 000	755 000
Operating Profit	124 000	−289 000	320 000	221 000
Financial Income	0	1 000	1 000	0
Financial Costs	2 000	173 000	188 000	94 000
Financial Balance	−2 000	−172 000	−187 000	−94 000
Earnings Before Tax	123 000	−462 000	132 000	127 000
Tax	30 000	−99 000	31 000	31 000
Net Income	93 000	−363 000	101 000	97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 532 000	6 694 000	6 735 000	3 263 000
Total Current Assets	673 000	467 000	165 000	35 000
Total Assets	7 204 000	7 161 000	6 900 000	3 299 000
Total Retained Equity	−1 003 000	−1 096 000	−733 000	−834 000
Total Equity	295 000	202 000	565 000	−136 000
Total Long-Term Debt	5 849 000	5 849 000	5 316 000	3 270 000
Total Current Debt	1 060 000	1 110 000	1 019 000	165 000
Total Equity and Debt	7 204 000	7 161 000	6 900 000	3 299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 243 000	1 295 000	1 136 000	976 000
Revenue	1 243 000	1 295 000	1 136 000	976 000
Cost of Goods Sold	0	18 000	0	0
Salary Costs	0	444 000	432 000	489 000
Depreciation	133 000	140 000	140 000	140 000
Impairment	0	0	0	0
Expenditure	1 119 000	1 585 000	816 000	755 000
Operating Profit	124 000	−289 000	320 000	221 000
Financial Income	0	1 000	1 000	0
Financial Costs	2 000	173 000	188 000	94 000
Financial Balance	−2 000	−172 000	−187 000	−94 000
Dividends	0	0	0	0
Net Income	93 000	−363 000	101 000	97 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	267 000	296 000	197 000	228 000
Real Eastate	6 265 000	6 652 000	6 530 000	3 021 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	−255 000	7 000	14 000
Total Tangible Assets	6 265 000	6 398 000	6 537 000	3 035 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 532 000	6 694 000	6 735 000	3 263 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	639 000	231 000	165 000	22 000
Total Current Assets	673 000	467 000	165 000	35 000
Total Assets	7 204 000	7 161 000	6 900 000	3 299 000
Total Equity	295 000	202 000	565 000	−136 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 849 000	5 849 000	5 316 000	3 270 000
Creditors	1 112 000	1 081 000	1 189 000	62 000
Unpaid Taxes	−52 000	28 000	−215 000	53 000
Dividends	0	0	0	0
Other Current Debt	0	0	45 000	51 000
Total Current Debt	1 060 000	1 110 000	1 019 000	165 000
Total Equity and Debt	7 204 000	7 161 000	6 900 000	3 299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,53 %	−179,7 %	17,88 %	−71,32 %
Debt-to-Equity Ratio	19,83	28,96	9,41	−24,04
Operating Profit Margin	9,98 %	−22,32 %	28,17 %	22,64 %
Current Ratio	0,63	0,42	0,16	0,21
Quick Ratio	0,63	0,42	0,16	0,21
Equity Ratio	0,04	0,03	0,08	−0,04
Gross Profit Margin	100 %	98,61 %	100 %	100 %