KVIST & VINKEL AS

1459 NESODDEN

Finances

Share Ownership

Return on Equity

132,31 %

Current Ratio

0,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 828 000	765 000	669 000	1 581 000
Net Income	86 000	178 000	−8 000	−196 000
Total Assets	893 000	630 000	331 000	601 000
Total Equity	65 000	−20 000	−198 000	−191 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 828 000	765 000	669 000	1 581 000
Expenditure	1 608 000	723 000	678 000	1 762 000
Operating Profit	127 000	178 000	−9 000	−180 000
Financial Income	0	0	0	−9 000
Financial Costs	0	0	−1 000	7 000
Financial Balance	0	0	1 000	−16 000
Earnings Before Tax	127 000	178 000	−8 000	−196 000
Tax	42 000	0	0	0
Net Income	86 000	178 000	−8 000	−196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	287 000	164 000	102 000	220 000
Total Current Assets	606 000	466 000	229 000	381 000
Total Assets	893 000	630 000	331 000	601 000
Total Retained Equity	35 000	−50 000	−228 000	−221 000
Total Equity	65 000	−20 000	−198 000	−191 000
Total Long-Term Debt	0	0	0	99 000
Total Current Debt	827 000	650 000	529 000	692 000
Total Equity and Debt	893 000	630 000	331 000	601 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 869 000	765 000	640 000	1 657 000
Other Income	−41 000	0	29 000	−76 000
Revenue	1 828 000	765 000	669 000	1 581 000
Cost of Goods Sold	652 000	192 000	324 000	1 179 000
Salary Costs	263 000	0	0	5 000
Depreciation	60 000	41 000	58 000	75 000
Impairment	0	0	0	0
Expenditure	1 608 000	723 000	678 000	1 762 000
Operating Profit	127 000	178 000	−9 000	−180 000
Financial Income	0	0	0	−9 000
Financial Costs	0	0	−1 000	7 000
Financial Balance	0	0	1 000	−16 000
Dividends	0	0	0	0
Net Income	86 000	178 000	−8 000	−196 000

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	269 000	146 000	84 000	202 000
Total Tangible Assets	269 000	146 000	84 000	202 000
Total Fiancial Fixed Assets	18 000	18 000	18 000	18 000
Total Fixed Assets	287 000	164 000	102 000	220 000
Stock	238 000	331 000	195 000	333 000
Total Investments	0	0	0	0
Cash, Bank	262 000	19 000	9 000	12 000
Total Current Assets	606 000	466 000	229 000	381 000
Total Assets	893 000	630 000	331 000	601 000
Total Equity	65 000	−20 000	−198 000	−191 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	99 000
Creditors	64 000	155 000	18 000	45 000
Unpaid Taxes	146 000	0	0	12 000
Dividends	0	0	0	0
Other Current Debt	575 000	495 000	511 000	635 000
Total Current Debt	827 000	650 000	529 000	692 000
Total Equity and Debt	893 000	630 000	331 000	601 000

Financial indicators	2022	2021	2020	2019
Return on Equity	132,31 %	−890 %	4,04 %	102,62 %
Debt-to-Equity Ratio	0	−0	−0	−0,52
Operating Profit Margin	6,95 %	23,27 %	−1,35 %	−11,39 %
Current Ratio	0,73	0,72	0,43	0,55
Quick Ratio	1,03	1,46	0,69	1,06
Equity Ratio	0,07	−0,03	−0,6	−0,32
Gross Profit Margin	64,33 %	74,9 %	51,57 %	25,43 %