KVAMSVÅG AS

5911 ALVERSUND

Finances

Return on Equity

114,29 %

Current Ratio

6,14

Debt-to-Equity Ratio

48,71

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 083 000	738 000	659 000	490 000
Net Income	120 000	53 000	55 000	−97 000
Total Assets	5 529 000	3 557 000	3 631 000	3 728 000
Total Equity	105 000	−16 000	−69 000	−124 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 083 000	738 000	659 000	490 000
Expenditure	963 000	685 000	604 000	566 000
Operating Profit	120 000	53 000	55 000	−76 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	21 000
Financial Balance	0	0	0	−21 000
Earnings Before Tax	120 000	53 000	55 000	−97 000
Tax	0	0	0	0
Net Income	120 000	53 000	55 000	−97 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	3 632 000	3 416 000	3 491 000	3 565 000
Total Current Assets	1 897 000	141 000	140 000	162 000
Total Assets	5 529 000	3 557 000	3 631 000	3 728 000
Total Retained Equity	5 000	−116 000	−169 000	−224 000
Total Equity	105 000	−16 000	−69 000	−124 000
Total Long-Term Debt	5 115 000	3 697 000	3 822 000	4 034 000
Total Current Debt	309 000	−124 000	−122 000	−183 000
Total Equity and Debt	5 529 000	3 557 000	3 631 000	3 728 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	848 000	738 000	659 000	490 000
Other Income	235 000	0	0	0
Revenue	1 083 000	738 000	659 000	490 000
Cost of Goods Sold	128 000	0	52 000	0
Salary Costs	0	0	0	0
Depreciation	86 000	75 000	75 000	53 000
Impairment	235 000	0	0	0
Expenditure	963 000	685 000	604 000	566 000
Operating Profit	120 000	53 000	55 000	−76 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	21 000
Financial Balance	0	0	0	−21 000
Dividends	0	0	0	0
Net Income	120 000	53 000	55 000	−97 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 128 000	3 232 000	3 291 000	3 351 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	365 000	46 000	61 000	76 000
Total Tangible Assets	3 493 000	3 277 000	3 352 000	3 427 000
Total Fiancial Fixed Assets	139 000	139 000	139 000	139 000
Total Fixed Assets	3 632 000	3 416 000	3 491 000	3 565 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 348 000	24 000	17 000	111 000
Total Current Assets	1 897 000	141 000	140 000	162 000
Total Assets	5 529 000	3 557 000	3 631 000	3 728 000
Total Equity	105 000	−16 000	−69 000	−124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 115 000	3 697 000	3 822 000	4 034 000
Creditors	292 000	−68 000	−82 000	−125 000
Unpaid Taxes	24 000	20 000	36 000	−43 000
Dividends	0	0	0	0
Other Current Debt	54 000	−15 000	−15 000	−15 000
Total Current Debt	309 000	−124 000	−122 000	−183 000
Total Equity and Debt	5 529 000	3 557 000	3 631 000	3 728 000

Financial indicators	2021	2020	2019	2018
Return on Equity	114,29 %	−331,25 %	−79,71 %	78,23 %
Debt-to-Equity Ratio	48,71	−231,06	−55,39	−32,53
Operating Profit Margin	11,08 %	7,18 %	8,35 %	−15,51 %
Current Ratio	6,14	−1,14	−1,15	−0,89
Quick Ratio	6,14	−1,14	−1,15	−0,89
Equity Ratio	0,02	−0	−0,02	−0,03
Gross Profit Margin	88,18 %	100 %	92,11 %	100 %