KVARVET EIENDOM AS

9800 VADSØ

Finances

Share Ownership

Return on Equity

147,54 %

Current Ratio

2,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 738 000	2 664 000	1 736 000	1 410 000
Net Income	1 229 000	−36 000	−420 000	−8 000
Total Assets	13 942 000	9 598 000	9 884 000	8 612 000
Total Equity	833 000	−396 000	−360 000	60 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 738 000	2 664 000	1 736 000	1 410 000
Expenditure	4 778 000	2 274 000	1 844 000	1 019 000
Operating Profit	1 960 000	390 000	−109 000	392 000
Financial Income	0	0	1 000	0
Financial Costs	384 000	461 000	430 000	389 000
Financial Balance	−384 000	−461 000	−429 000	−389 000
Earnings Before Tax	1 575 000	−71 000	−538 000	3 000
Tax	347 000	−36 000	−118 000	12 000
Net Income	1 229 000	−36 000	−420 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 664 000	6 937 000	9 334 000	8 506 000
Total Current Assets	3 278 000	2 661 000	550 000	106 000
Total Assets	13 942 000	9 598 000	9 884 000	8 612 000
Total Retained Equity	733 000	−496 000	−460 000	−40 000
Total Equity	833 000	−396 000	−360 000	60 000
Total Long-Term Debt	11 665 000	7 737 000	8 177 000	8 397 000
Total Current Debt	1 291 000	2 257 000	2 067 000	156 000
Total Equity and Debt	13 789 000	9 598 000	9 884 000	8 612 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 101 000	478 000	509 000	139 000
Other Income	5 637 000	2 187 000	1 227 000	1 271 000
Revenue	6 738 000	2 664 000	1 736 000	1 410 000
Cost of Goods Sold	208 000	96 000	18 000	35 000
Salary Costs	1 480 000	1 253 000	865 000	82 000
Depreciation	612 000	48 000	82 000	82 000
Impairment	0	0	0	0
Expenditure	4 778 000	2 274 000	1 844 000	1 019 000
Operating Profit	1 960 000	390 000	−109 000	392 000
Financial Income	0	0	1 000	0
Financial Costs	384 000	461 000	430 000	389 000
Financial Balance	−384 000	−461 000	−429 000	−389 000
Dividends	0	0	0	0
Net Income	1 229 000	−36 000	−420 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	151 000	116 000	4 000
Real Eastate	10 173 000	7 358 000	9 000 000	8 318 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	491 000	59 000	23 000	32 000
Total Tangible Assets	10 664 000	7 417 000	9 023 000	8 350 000
Total Fiancial Fixed Assets	0	−631 000	195 000	152 000
Total Fixed Assets	10 664 000	6 937 000	9 334 000	8 506 000
Stock	64 000	64 000	0	0
Total Investments	0	0	0	0
Cash, Bank	2 076 000	2 383 000	331 000	25 000
Total Current Assets	3 278 000	2 661 000	550 000	106 000
Total Assets	13 942 000	9 598 000	9 884 000	8 612 000
Total Equity	833 000	−396 000	−360 000	60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 665 000	7 737 000	8 177 000	8 397 000
Creditors	575 000	1 924 000	145 000	76 000
Unpaid Taxes	163 000	204 000	308 000	38 000
Dividends	0	0	0	0
Other Current Debt	416 000	129 000	133 000	35 000
Total Current Debt	1 291 000	2 257 000	2 067 000	156 000
Total Equity and Debt	13 789 000	9 598 000	9 884 000	8 612 000

Financial indicators	2022	2021	2020	2019
Return on Equity	147,54 %	9,09 %	116,67 %	−13,33 %
Debt-to-Equity Ratio	14	−19,54	−22,71	139,95
Operating Profit Margin	29,09 %	14,64 %	−6,28 %	27,8 %
Current Ratio	2,54	1,18	0,27	0,68
Quick Ratio	2,67	1,21	0,27	0,68
Equity Ratio	0,06	−0,04	−0,04	0,01
Gross Profit Margin	96,91 %	96,4 %	98,96 %	97,52 %