KONGSVARD AS

5384 TORANGSVÅG

Finances

Share Ownership

Return on Equity

−12,3 %

Current Ratio

0,13

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 625 000	11 638 000	3 866 000	0
Net Income	−5 722 000	−4 387 000	−9 418 000	0
Total Assets	81 475 000	86 582 000	75 285 000	30 000
Total Equity	46 503 000	−13 775 000	−9 388 000	30 000

Income (NOK)	2022	2021	2020
Revenue	5 625 000	11 638 000	3 866 000
Expenditure	11 210 000	15 856 000	13 288 000
Operating Profit	−5 584 000	−4 218 000	−9 421 000
Financial Income	10 000	124 000	6 000
Financial Costs	147 000	294 000	2 000
Financial Balance	−137 000	−170 000	4 000
Earnings Before Tax	−5 722 000	−4 387 000	−9 418 000
Tax	0	0	0
Net Income	−5 722 000	−4 387 000	−9 418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 769 000	83 693 000	73 010 000	0
Total Current Assets	706 000	2 888 000	2 275 000	30 000
Total Assets	81 475 000	86 582 000	75 285 000	30 000
Total Retained Equity	−19 527 000	−13 805 000	−9 418 000	0
Total Equity	46 503 000	−13 775 000	−9 388 000	30 000
Total Long-Term Debt	29 509 000	82 730 000	82 240 000	0
Total Current Debt	5 464 000	17 627 000	2 432 000	0
Total Equity and Debt	81 475 000	86 582 000	75 285 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 625 000	11 638 000	3 639 000
Other Income	0	1 000	227 000
Revenue	5 625 000	11 638 000	3 866 000
Cost of Goods Sold	359 000	460 000	5 156 000
Salary Costs	1 318 000	2 113 000	210 000
Depreciation	3 729 000	3 618 000	2 994 000
Impairment	0	0	0
Expenditure	11 210 000	15 856 000	13 288 000
Operating Profit	−5 584 000	−4 218 000	−9 421 000
Financial Income	10 000	124 000	6 000
Financial Costs	147 000	294 000	2 000
Financial Balance	−137 000	−170 000	4 000
Dividends	0	0	0
Net Income	−5 722 000	−4 387 000	−9 418 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000 000	34 000 000	21 000 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	51 971 000	0
Total Tangible Assets	46 769 000	49 693 000	52 010 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	80 769 000	83 693 000	73 010 000	0
Stock	0	0	146 000	0
Total Investments	0	0	0	0
Cash, Bank	66 000	257 000	73 000	30 000
Total Current Assets	706 000	2 888 000	2 275 000	30 000
Total Assets	81 475 000	86 582 000	75 285 000	30 000
Total Equity	46 503 000	−13 775 000	−9 388 000	30 000
Short-Term Group Debt	0	12 955 000	68 000	0
Total Long-Term Debt	29 509 000	82 730 000	82 240 000	0
Creditors	5 416 000	4 466 000	2 264 000	0
Unpaid Taxes	44 000	121 000	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	86 000	100 000	0
Total Current Debt	5 464 000	17 627 000	2 432 000	0
Total Equity and Debt	81 475 000	86 582 000	75 285 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,3 %	31,85 %	100,32 %	0 %
Debt-to-Equity Ratio	0,63	−6,01	−8,76	0
Operating Profit Margin	−99,27 %	−36,24 %	−243,69 %	-
Current Ratio	0,13	0,16	0,94	-
Quick Ratio	0,13	0,16	1	-
Equity Ratio	0,57	−0,16	−0,12	1
Gross Profit Margin	93,62 %	96,05 %	−33,37 %	-