A. KVALSUND AS

6098 NERLANDSØY

Finances

Share Ownership

Return on Equity

−26,41 %

Current Ratio

0,09

Debt-to-Equity Ratio

−0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 538 000	1 909 000	2 202 000	1 566 000
Net Income	108 000	−313 000	176 000	−391 000
Total Assets	161 000	184 000	366 000	−30 000
Total Equity	−409 000	−517 000	−267 000	−443 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 538 000	1 909 000	2 202 000	1 566 000
Expenditure	1 404 000	2 202 000	2 010 000	1 939 000
Operating Profit	134 000	−293 000	193 000	−373 000
Financial Income	0	0	0	0
Financial Costs	26 000	20 000	16 000	18 000
Financial Balance	−26 000	−20 000	−16 000	−18 000
Earnings Before Tax	108 000	−313 000	176 000	−391 000
Tax	0	0	0	0
Net Income	108 000	−313 000	176 000	−391 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	119 000	173 000	27 000	79 000
Total Current Assets	42 000	11 000	339 000	−109 000
Total Assets	161 000	184 000	366 000	−30 000
Total Retained Equity	−502 000	−610 000	−297 000	−473 000
Total Equity	−409 000	−517 000	−267 000	−443 000
Total Long-Term Debt	127 000	165 000	266 000	63 000
Total Current Debt	443 000	536 000	366 000	350 000
Total Equity and Debt	161 000	184 000	366 000	−30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 538 000	1 909 000	2 202 000	1 566 000
Other Income	0	0	0	0
Revenue	1 538 000	1 909 000	2 202 000	1 566 000
Cost of Goods Sold	258 000	236 000	368 000	73 000
Salary Costs	902 000	1 650 000	1 294 000	1 501 000
Depreciation	40 000	40 000	33 000	54 000
Impairment	0	0	0	0
Expenditure	1 404 000	2 202 000	2 010 000	1 939 000
Operating Profit	134 000	−293 000	193 000	−373 000
Financial Income	0	0	0	0
Financial Costs	26 000	20 000	16 000	18 000
Financial Balance	−26 000	−20 000	−16 000	−18 000
Dividends	0	0	0	0
Net Income	108 000	−313 000	176 000	−391 000

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	119 000	159 000	0	32 000
Total Tangible Assets	119 000	159 000	0	32 000
Total Fiancial Fixed Assets	0	13 000	27 000	47 000
Total Fixed Assets	119 000	173 000	27 000	79 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	1 000	180 000	−151 000
Total Current Assets	42 000	11 000	339 000	−109 000
Total Assets	161 000	184 000	366 000	−30 000
Total Equity	−409 000	−517 000	−267 000	−443 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	127 000	165 000	266 000	63 000
Creditors	9 000	20 000	−166 000	23 000
Unpaid Taxes	155 000	148 000	221 000	130 000
Dividends	0	0	0	0
Other Current Debt	119 000	172 000	128 000	165 000
Total Current Debt	443 000	536 000	366 000	350 000
Total Equity and Debt	161 000	184 000	366 000	−30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,41 %	60,54 %	−65,92 %	88,26 %
Debt-to-Equity Ratio	−0,31	−0,32	−1	−0,14
Operating Profit Margin	8,71 %	−15,35 %	8,76 %	−23,82 %
Current Ratio	0,09	0,02	0,93	−0,31
Quick Ratio	0,09	0,02	0,93	−0,31
Equity Ratio	−2,54	−2,81	−0,73	14,77
Gross Profit Margin	83,22 %	87,64 %	83,29 %	95,34 %