KVINESDAL RESTAURANT DRIFT AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

168,03 %

Current Ratio

0,42

Debt-to-Equity Ratio

−1,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 141 000	7 566 000	4 514 000	3 494 000
Net Income	−657 000	275 000	50 000	57 000
Total Assets	1 345 000	1 601 000	845 000	427 000
Total Equity	−391 000	412 000	137 000	87 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 141 000	7 566 000	4 514 000	3 494 000
Expenditure	7 770 000	7 022 000	4 570 000	3 453 000
Operating Profit	−630 000	327 000	72 000	79 000
Financial Income	0	0	0	0
Financial Costs	27 000	61 000	8 000	6 000
Financial Balance	−27 000	−61 000	−8 000	−6 000
Earnings Before Tax	−657 000	266 000	64 000	73 000
Tax	0	−9 000	14 000	16 000
Net Income	−657 000	275 000	50 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	791 000	823 000	325 000	51 000
Total Current Assets	554 000	778 000	521 000	376 000
Total Assets	1 345 000	1 601 000	845 000	427 000
Total Retained Equity	−421 000	382 000	107 000	57 000
Total Equity	−391 000	412 000	137 000	87 000
Total Long-Term Debt	418 000	370 000	9 000	2 000
Total Current Debt	1 318 000	820 000	700 000	338 000
Total Equity and Debt	1 345 000	1 601 000	845 000	427 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 072 000	7 483 000	4 504 000	3 494 000
Other Income	69 000	82 000	10 000	0
Revenue	7 141 000	7 566 000	4 514 000	3 494 000
Cost of Goods Sold	2 637 000	2 682 000	1 863 000	1 319 000
Salary Costs	3 048 000	2 659 000	1 672 000	1 256 000
Depreciation	177 000	131 000	41 000	3 000
Impairment	0	0	0	0
Expenditure	7 770 000	7 022 000	4 570 000	3 453 000
Operating Profit	−630 000	327 000	72 000	79 000
Financial Income	0	0	0	0
Financial Costs	27 000	61 000	8 000	6 000
Financial Balance	−27 000	−61 000	−8 000	−6 000
Dividends	0	0	0	0
Net Income	−657 000	275 000	50 000	57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	32 000	0	56 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	593 000	771 000	227 000	51 000
Total Tangible Assets	625 000	771 000	283 000	51 000
Total Fiancial Fixed Assets	166 000	52 000	42 000	0
Total Fixed Assets	791 000	823 000	325 000	51 000
Stock	190 000	0	217 000	88 000
Total Investments	0	0	0	0
Cash, Bank	347 000	670 000	191 000	54 000
Total Current Assets	554 000	778 000	521 000	376 000
Total Assets	1 345 000	1 601 000	845 000	427 000
Total Equity	−391 000	412 000	137 000	87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	418 000	370 000	9 000	2 000
Creditors	194 000	133 000	198 000	60 000
Unpaid Taxes	783 000	356 000	306 000	136 000
Dividends	0	0	0	0
Other Current Debt	273 000	331 000	189 000	128 000
Total Current Debt	1 318 000	820 000	700 000	338 000
Total Equity and Debt	1 345 000	1 601 000	845 000	427 000

Financial indicators	2022	2021	2020	2019
Return on Equity	168,03 %	66,75 %	36,5 %	65,52 %
Debt-to-Equity Ratio	−1,07	0,9	0,07	0,02
Operating Profit Margin	−8,82 %	4,32 %	1,6 %	2,26 %
Current Ratio	0,42	0,95	0,74	1,11
Quick Ratio	0,49	0,95	1,08	1,5
Equity Ratio	−0,29	0,26	0,16	0,2
Gross Profit Margin	63,07 %	64,55 %	58,73 %	62,25 %