KVC NORDIC AS

3294 STAVERN

Finances

Share Ownership

Return on Equity

−4 237,5 %

Current Ratio

0,55

Debt-to-Equity Ratio

504,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	367 000	592 000	1 278 000	9 000
Net Income	−1 356 000	944 000	−25 000	−331 000
Total Assets	17 555 000	20 874 000	22 236 000	17 054 000
Total Equity	32 000	1 388 000	444 000	469 000

Income (NOK)	2022	2021	2020	2019
Revenue	367 000	592 000	1 278 000	9 000
Expenditure	1 788 000	489 000	228 000	97 000
Operating Profit	−1 420 000	103 000	1 050 000	−89 000
Financial Income	1 000	0	0	0
Financial Costs	4 000	−1 007 000	980 000	337 000
Financial Balance	−3 000	1 007 000	−980 000	−337 000
Earnings Before Tax	−1 424 000	1 109 000	70 000	−426 000
Tax	−67 000	165 000	95 000	−95 000
Net Income	−1 356 000	944 000	−25 000	−331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 798 000	19 634 000	21 549 000	16 863 000
Total Current Assets	757 000	1 241 000	687 000	192 000
Total Assets	17 555 000	20 874 000	22 236 000	17 054 000
Total Retained Equity	−768 000	588 000	−356 000	−331 000
Total Equity	32 000	1 388 000	444 000	469 000
Total Long-Term Debt	16 157 000	16 224 000	17 411 000	0
Total Current Debt	1 366 000	3 262 000	4 380 000	16 585 000
Total Equity and Debt	17 555 000	20 874 000	22 236 000	17 054 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 000	21 000	523 000	0
Other Income	307 000	571 000	755 000	9 000
Revenue	367 000	592 000	1 278 000	9 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 000	−10 000	0	0
Depreciation	38 000	50 000	50 000	27 000
Impairment	0	0	0	0
Expenditure	1 788 000	489 000	228 000	97 000
Operating Profit	−1 420 000	103 000	1 050 000	−89 000
Financial Income	1 000	0	0	0
Financial Costs	4 000	−1 007 000	980 000	337 000
Financial Balance	−3 000	1 007 000	−980 000	−337 000
Dividends	0	0	0	0
Net Income	−1 356 000	944 000	−25 000	−331 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	95 000
Real Eastate	16 695 000	19 500 000	21 365 000	16 599 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	67 000	67 000	118 000	168 000
Total Tangible Assets	16 762 000	19 568 000	21 482 000	16 767 000
Total Fiancial Fixed Assets	36 000	66 000	66 000	1 000
Total Fixed Assets	16 798 000	19 634 000	21 549 000	16 863 000
Stock	0	0	38 000	33 000
Total Investments	0	0	0	0
Cash, Bank	20 000	730 000	59 000	127 000
Total Current Assets	757 000	1 241 000	687 000	192 000
Total Assets	17 555 000	20 874 000	22 236 000	17 054 000
Total Equity	32 000	1 388 000	444 000	469 000
Short-Term Group Debt	1 260 000	2 860 000	0	16 494 000
Total Long-Term Debt	16 157 000	16 224 000	17 411 000	0
Creditors	106 000	303 000	134 000	64 000
Unpaid Taxes	0	0	0	−4 000
Dividends	0	0	0	0
Other Current Debt	0	0	36 000	32 000
Total Current Debt	1 366 000	3 262 000	4 380 000	16 585 000
Total Equity and Debt	17 555 000	20 874 000	22 236 000	17 054 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4 237,5 %	68,01 %	−5,63 %	−70,58 %
Debt-to-Equity Ratio	504,91	11,69	39,21	0
Operating Profit Margin	−386,92 %	17,4 %	82,16 %	−988,89 %
Current Ratio	0,55	0,38	0,16	0,01
Quick Ratio	0,55	0,38	0,16	0,01
Equity Ratio	0	0,07	0,02	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %