KVADTRAINING AS

4638 KRISTIANSAND S

Finances

Return on Equity

70,31 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 074 000	551 000	130 000	91 000
Net Income	45 000	−35 000	−30 000	41 000
Total Assets	222 000	608 000	87 000	111 000
Total Equity	64 000	19 000	54 000	83 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 074 000	551 000	130 000	91 000
Expenditure	1 011 000	603 000	154 000	31 000
Operating Profit	63 000	−51 000	−25 000	60 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	62 000	−51 000	−25 000	60 000
Tax	17 000	−16 000	5 000	18 000
Net Income	45 000	−35 000	−30 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	0	0	0
Total Current Assets	192 000	608 000	87 000	111 000
Total Assets	222 000	608 000	87 000	111 000
Total Retained Equity	34 000	−6 000	29 000	59 000
Total Equity	64 000	19 000	54 000	83 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	158 000	590 000	34 000	28 000
Total Equity and Debt	222 000	608 000	87 000	111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	385 000	476 000	130 000	91 000
Other Income	689 000	74 000	0	0
Revenue	1 074 000	551 000	130 000	91 000
Cost of Goods Sold	15 000	16 000	14 000	0
Salary Costs	734 000	337 000	94 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 011 000	603 000	154 000	31 000
Operating Profit	63 000	−51 000	−25 000	60 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	4 000
Net Income	45 000	−35 000	−30 000	41 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	30 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	50 000	455 000	74 000	107 000
Total Current Assets	192 000	608 000	87 000	111 000
Total Assets	222 000	608 000	87 000	111 000
Total Equity	64 000	19 000	54 000	83 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	0	0	0
Unpaid Taxes	48 000	44 000	10 000	0
Dividends	0	0	0	4 000
Other Current Debt	76 000	542 000	8 000	0
Total Current Debt	158 000	590 000	34 000	28 000
Total Equity and Debt	222 000	608 000	87 000	111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,31 %	−184,21 %	−55,56 %	49,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,87 %	−9,26 %	−19,23 %	65,93 %
Current Ratio	1,22	1,03	2,56	3,96
Quick Ratio	1,22	1,03	2,56	3,96
Equity Ratio	0,29	0,03	0,62	0,75
Gross Profit Margin	98,6 %	97,1 %	89,23 %	100 %