KVESS AS

4340 BRYNE

Finances

Share Ownership

Return on Equity

−73,02 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 369 000	2 536 000	2 324 000	2 359 000
Net Income	−46 000	19 000	34 000	174 000
Total Assets	249 000	297 000	327 000	456 000
Total Equity	63 000	109 000	90 000	56 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 369 000	2 536 000	2 324 000	2 359 000
Expenditure	2 428 000	2 511 000	2 280 000	2 138 000
Operating Profit	−60 000	25 000	44 000	221 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	−59 000	25 000	44 000	221 000
Tax	−13 000	5 000	10 000	47 000
Net Income	−46 000	19 000	34 000	174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	46 000	63 000	53 000
Total Current Assets	207 000	251 000	264 000	403 000
Total Assets	249 000	297 000	327 000	456 000
Total Retained Equity	33 000	79 000	60 000	26 000
Total Equity	63 000	109 000	90 000	56 000
Total Long-Term Debt	0	0	2 000	1 000
Total Current Debt	186 000	188 000	236 000	399 000
Total Equity and Debt	249 000	297 000	327 000	456 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 369 000	2 536 000	2 315 000	2 359 000
Other Income	0	0	9 000	0
Revenue	2 369 000	2 536 000	2 324 000	2 359 000
Cost of Goods Sold	1 131 000	1 174 000	1 072 000	1 023 000
Salary Costs	733 000	866 000	755 000	705 000
Depreciation	17 000	17 000	13 000	9 000
Impairment	0	0	0	0
Expenditure	2 428 000	2 511 000	2 280 000	2 138 000
Operating Profit	−60 000	25 000	44 000	221 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	140 000
Net Income	−46 000	19 000	34 000	174 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 000	9 000	12 000	15 000
Fixtures	24 000	38 000	51 000	38 000
Total Tangible Assets	29 000	46 000	63 000	53 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 000	46 000	63 000	53 000
Stock	5 000	5 000	5 000	5 000
Total Investments	0	0	0	0
Cash, Bank	128 000	212 000	147 000	236 000
Total Current Assets	207 000	251 000	264 000	403 000
Total Assets	249 000	297 000	327 000	456 000
Total Equity	63 000	109 000	90 000	56 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	1 000
Creditors	96 000	85 000	130 000	119 000
Unpaid Taxes	26 000	44 000	24 000	34 000
Dividends	0	0	0	140 000
Other Current Debt	63 000	51 000	73 000	59 000
Total Current Debt	186 000	188 000	236 000	399 000
Total Equity and Debt	249 000	297 000	327 000	456 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−73,02 %	17,43 %	37,78 %	310,71 %
Debt-to-Equity Ratio	0	0	0,02	0,02
Operating Profit Margin	−2,53 %	0,99 %	1,89 %	9,37 %
Current Ratio	1,11	1,34	1,12	1,01
Quick Ratio	1,14	1,37	1,14	1,02
Equity Ratio	0,25	0,37	0,28	0,12
Gross Profit Margin	52,26 %	53,71 %	53,87 %	56,63 %