KVÆNTIN AS

2815 GJØVIK

Finances

Share Ownership

Return on Equity

99,75 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 841 000	3 133 000	847 000	3 569 000
Net Income	397 000	−539 000	205 000	260 000
Total Assets	977 000	931 000	1 013 000	710 000
Total Equity	398 000	6 000	545 000	340 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 841 000	3 133 000	847 000	3 569 000
Expenditure	4 328 000	3 816 000	576 000	3 232 000
Operating Profit	513 000	−683 000	271 000	337 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	2 000	0	1 000	1 000
Financial Balance	−1 000	0	0	0
Earnings Before Tax	512 000	−683 000	271 000	337 000
Tax	115 000	−144 000	65 000	77 000
Net Income	397 000	−539 000	205 000	260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	144 000	0	0
Total Current Assets	948 000	786 000	1 013 000	710 000
Total Assets	977 000	931 000	1 013 000	710 000
Total Retained Equity	303 000	−88 000	451 000	246 000
Total Equity	398 000	6 000	545 000	340 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	580 000	924 000	468 000	370 000
Total Equity and Debt	977 000	931 000	1 013 000	710 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 840 000	2 419 000	883 000	2 112 000
Other Income	2 000 000	714 000	−36 000	1 457 000
Revenue	4 841 000	3 133 000	847 000	3 569 000
Cost of Goods Sold	2 899 000	2 136 000	69 000	2 531 000
Salary Costs	24 000	30 000	5 000	3 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 328 000	3 816 000	576 000	3 232 000
Operating Profit	513 000	−683 000	271 000	337 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	2 000	0	1 000	1 000
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	397 000	−539 000	205 000	260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	144 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	144 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	795 000	307 000	843 000	591 000
Total Current Assets	948 000	786 000	1 013 000	710 000
Total Assets	977 000	931 000	1 013 000	710 000
Total Equity	398 000	6 000	545 000	340 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	131 000	705 000	4 000	69 000
Unpaid Taxes	0	0	0	18 000
Dividends	0	0	0	0
Other Current Debt	448 000	219 000	399 000	209 000
Total Current Debt	580 000	924 000	468 000	370 000
Total Equity and Debt	977 000	931 000	1 013 000	710 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,75 %	−8 983,33 %	37,61 %	76,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,6 %	−21,8 %	32 %	9,44 %
Current Ratio	1,63	0,85	2,16	1,92
Quick Ratio	1,63	0,85	2,16	1,92
Equity Ratio	0,41	0,01	0,54	0,48
Gross Profit Margin	40,12 %	31,82 %	91,85 %	29,08 %