KVENNA KUNSTVERKSTED AS

6640 KVANNE

Finances

Share Ownership

Return on Equity

170 %

Current Ratio

0,08

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	188 000	294 000	200 000	118 000
Net Income	−85 000	3 000	−7 000	27 000
Total Assets	791 000	828 000	842 000	811 000
Total Equity	−50 000	34 000	31 000	38 000

Income (NOK)	2022	2021	2020	2019
Revenue	188 000	294 000	200 000	118 000
Expenditure	272 000	290 000	207 000	89 000
Operating Profit	−85 000	3 000	−7 000	29 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−85 000	3 000	−7 000	29 000
Tax	0	0	0	2 000
Net Income	−85 000	3 000	−7 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	721 000	723 000	723 000	738 000
Total Current Assets	70 000	105 000	119 000	73 000
Total Assets	791 000	828 000	842 000	811 000
Total Retained Equity	−70 000	14 000	11 000	18 000
Total Equity	−50 000	34 000	31 000	38 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	842 000	794 000	811 000	772 000
Total Equity and Debt	791 000	828 000	842 000	811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−12 000	112 000	83 000	58 000
Other Income	200 000	183 000	118 000	60 000
Revenue	188 000	294 000	200 000	118 000
Cost of Goods Sold	17 000	25 000	93 000	8 000
Salary Costs	0	0	0	0
Depreciation	21 000	15 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	272 000	290 000	207 000	89 000
Operating Profit	−85 000	3 000	−7 000	29 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−85 000	3 000	−7 000	27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	708 000	723 000	723 000	738 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	0	0	0
Total Tangible Assets	721 000	723 000	723 000	738 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	721 000	723 000	723 000	738 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 000	5 000	11 000	6 000
Total Current Assets	70 000	105 000	119 000	73 000
Total Assets	791 000	828 000	842 000	811 000
Total Equity	−50 000	34 000	31 000	38 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	28 000	9 000	0	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	813 000	785 000	811 000	767 000
Total Current Debt	842 000	794 000	811 000	772 000
Total Equity and Debt	791 000	828 000	842 000	811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	170 %	8,82 %	−22,58 %	71,05 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−45,21 %	1,02 %	−3,5 %	24,58 %
Current Ratio	0,08	0,13	0,15	0,09
Quick Ratio	0,08	0,13	0,15	0,09
Equity Ratio	−0,06	0,04	0,04	0,05
Gross Profit Margin	90,96 %	91,5 %	53,5 %	93,22 %