KVÅLE REGNSKAP AS

7320 FANNREM

Finances

Share Ownership

Return on Equity

47,21 %

Current Ratio

3,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 124 000	2 160 000	1 746 000	1 334 000
Net Income	432 000	452 000	260 000	276 000
Total Assets	1 316 000	1 037 000	1 039 000	800 000
Total Equity	915 000	483 000	432 000	310 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 124 000	2 160 000	1 746 000	1 334 000
Expenditure	1 571 000	1 574 000	1 414 000	981 000
Operating Profit	553 000	586 000	332 000	352 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Earnings Before Tax	553 000	586 000	333 000	353 000
Tax	122 000	134 000	73 000	78 000
Net Income	432 000	452 000	260 000	276 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	11 000	17 000	0
Total Current Assets	1 310 000	1 027 000	1 022 000	800 000
Total Assets	1 316 000	1 037 000	1 039 000	800 000
Total Retained Equity	873 000	441 000	389 000	280 000
Total Equity	915 000	483 000	432 000	310 000
Total Long-Term Debt	0	0	1 000	1 000
Total Current Debt	401 000	554 000	606 000	490 000
Total Equity and Debt	1 316 000	1 037 000	1 039 000	800 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 124 000	2 160 000	1 746 000	1 336 000
Other Income	0	0	0	−2 000
Revenue	2 124 000	2 160 000	1 746 000	1 334 000
Cost of Goods Sold	171 000	114 000	55 000	51 000
Salary Costs	1 222 000	1 096 000	1 035 000	642 000
Depreciation	6 000	6 000	2 000	7 000
Impairment	0	0	0	0
Expenditure	1 571 000	1 574 000	1 414 000	981 000
Operating Profit	553 000	586 000	332 000	352 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Dividends	0	100 000	150 000	100 000
Net Income	432 000	452 000	260 000	276 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	11 000	17 000	0
Total Tangible Assets	4 000	11 000	17 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	11 000	17 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 035 000	747 000	776 000	543 000
Total Current Assets	1 310 000	1 027 000	1 022 000	800 000
Total Assets	1 316 000	1 037 000	1 039 000	800 000
Total Equity	915 000	483 000	432 000	310 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	1 000
Creditors	27 000	36 000	34 000	47 000
Unpaid Taxes	137 000	126 000	163 000	92 000
Dividends	0	100 000	150 000	100 000
Other Current Debt	113 000	157 000	186 000	170 000
Total Current Debt	401 000	554 000	606 000	490 000
Total Equity and Debt	1 316 000	1 037 000	1 039 000	800 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,21 %	93,58 %	60,19 %	89,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,04 %	27,13 %	19,01 %	26,39 %
Current Ratio	3,27	1,85	1,69	1,63
Quick Ratio	3,27	1,85	1,69	1,63
Equity Ratio	0,7	0,47	0,42	0,39
Gross Profit Margin	91,95 %	94,72 %	96,85 %	96,18 %