KVAKKESTADGÅRDENE AS

1400 SKI

Finances

Share Ownership

Return on Equity

11,38 %

Current Ratio

0,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 398 000	7 444 000	7 266 000	7 873 000
Net Income	752 000	2 001 000	2 196 000	2 574 000
Total Assets	13 456 000	12 264 000	12 204 000	13 746 000
Total Equity	6 610 000	9 358 000	9 856 000	11 160 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 398 000	7 444 000	7 266 000	7 873 000
Expenditure	6 350 000	4 884 000	4 459 000	4 702 000
Operating Profit	1 048 000	2 560 000	2 807 000	3 170 000
Financial Income	30 000	48 000	105 000	114 000
Financial Costs	108 000	51 000	78 000	0
Financial Balance	−78 000	−3 000	27 000	114 000
Earnings Before Tax	971 000	2 557 000	2 834 000	3 284 000
Tax	219 000	555 000	638 000	711 000
Net Income	752 000	2 001 000	2 196 000	2 574 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 379 000	10 315 000	10 271 000	9 876 000
Total Current Assets	2 077 000	1 949 000	1 932 000	3 870 000
Total Assets	13 456 000	12 264 000	12 204 000	13 746 000
Total Retained Equity	3 010 000	5 758 000	6 256 000	7 560 000
Total Equity	6 610 000	9 358 000	9 856 000	11 160 000
Total Long-Term Debt	0	5 000	0	38 000
Total Current Debt	6 846 000	2 901 000	2 347 000	2 548 000
Total Equity and Debt	13 456 000	12 264 000	12 204 000	13 746 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	7 398 000	7 444 000	7 266 000	7 873 000
Revenue	7 398 000	7 444 000	7 266 000	7 873 000
Cost of Goods Sold	6 000	21 000	34 000	20 000
Salary Costs	1 736 000	1 685 000	1 358 000	1 466 000
Depreciation	619 000	663 000	646 000	536 000
Impairment	0	0	0	0
Expenditure	6 350 000	4 884 000	4 459 000	4 702 000
Operating Profit	1 048 000	2 560 000	2 807 000	3 170 000
Financial Income	30 000	48 000	105 000	114 000
Financial Costs	108 000	51 000	78 000	0
Financial Balance	−78 000	−3 000	27 000	114 000
Dividends	3 500 000	2 500 000	3 500 000	7 100 000
Net Income	752 000	2 001 000	2 196 000	2 574 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 350 000	10 250 000	9 780 000	9 774 000
Machinery and Plant Facilities	0	0	0	57 000
Fixtures	29 000	65 000	491 000	45 000
Total Tangible Assets	11 379 000	10 315 000	10 271 000	9 876 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 379 000	10 315 000	10 271 000	9 876 000
Stock	0	0	0	0
Total Investments	977 000	1 498 000	1 510 000	2 239 000
Cash, Bank	932 000	375 000	345 000	1 313 000
Total Current Assets	2 077 000	1 949 000	1 932 000	3 870 000
Total Assets	13 456 000	12 264 000	12 204 000	13 746 000
Total Equity	6 610 000	9 358 000	9 856 000	11 160 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	0	38 000
Creditors	343 000	35 000	8 000	54 000
Unpaid Taxes	256 000	221 000	79 000	156 000
Dividends	3 500 000	2 500 000	3 500 000	7 100 000
Other Current Debt	6 023 000	2 095 000	122 000	128 000
Total Current Debt	6 846 000	2 901 000	2 347 000	2 548 000
Total Equity and Debt	13 456 000	12 264 000	12 204 000	13 746 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,38 %	21,38 %	22,28 %	23,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,17 %	34,39 %	38,63 %	40,26 %
Current Ratio	0,3	0,67	0,82	1,52
Quick Ratio	0,3	0,67	0,82	1,52
Equity Ratio	0,49	0,76	0,81	0,81
Gross Profit Margin	99,92 %	99,72 %	99,53 %	99,75 %