KVADNOR AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

94,51 %

Current Ratio

1,74

Debt-to-Equity Ratio

4,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 236 000	25 266 000	12 548 000	0
Net Income	2 083 000	3 023 000	308 000	−5 000
Total Assets	21 063 000	18 740 000	15 122 000	326 000
Total Equity	2 204 000	3 420 000	397 000	90 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 236 000	25 266 000	12 548 000	0
Expenditure	27 598 000	21 259 000	12 006 000	8 000
Operating Profit	2 638 000	4 007 000	542 000	−8 000
Financial Income	340 000	75 000	93 000	0
Financial Costs	305 000	205 000	236 000	0
Financial Balance	35 000	−130 000	−143 000	0
Earnings Before Tax	2 673 000	3 877 000	398 000	−8 000
Tax	589 000	854 000	91 000	−3 000
Net Income	2 083 000	3 023 000	308 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 311 000	5 859 000	7 453 000	185 000
Total Current Assets	16 752 000	12 880 000	7 669 000	140 000
Total Assets	21 063 000	18 740 000	15 122 000	326 000
Total Retained Equity	2 109 000	3 326 000	303 000	−5 000
Total Equity	2 204 000	3 420 000	397 000	90 000
Total Long-Term Debt	9 206 000	10 402 000	11 388 000	0
Total Current Debt	9 653 000	4 918 000	3 337 000	236 000
Total Equity and Debt	21 063 000	18 740 000	15 122 000	326 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 185 000	24 366 000	12 548 000	0
Other Income	51 000	900 000	0	0
Revenue	30 236 000	25 266 000	12 548 000	0
Cost of Goods Sold	8 442 000	6 603 000	3 472 000	0
Salary Costs	9 586 000	7 372 000	4 684 000	6 000
Depreciation	1 593 000	1 593 000	797 000	0
Impairment	0	0	0	0
Expenditure	27 598 000	21 259 000	12 006 000	8 000
Operating Profit	2 638 000	4 007 000	542 000	−8 000
Financial Income	340 000	75 000	93 000	0
Financial Costs	305 000	205 000	236 000	0
Financial Balance	35 000	−130 000	−143 000	0
Dividends	3 300 000	0	0	0
Net Income	2 083 000	3 023 000	308 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 311 000	5 859 000	7 453 000	182 000
Total Tangible Assets	4 311 000	5 859 000	7 453 000	182 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 311 000	5 859 000	7 453 000	185 000
Stock	471 000	347 000	366 000	0
Total Investments	0	0	0	0
Cash, Bank	15 510 000	11 735 000	6 804 000	94 000
Total Current Assets	16 752 000	12 880 000	7 669 000	140 000
Total Assets	21 063 000	18 740 000	15 122 000	326 000
Total Equity	2 204 000	3 420 000	397 000	90 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 206 000	10 402 000	11 388 000	0
Creditors	2 267 000	1 662 000	1 462 000	236 000
Unpaid Taxes	1 652 000	1 369 000	1 059 000	0
Dividends	3 300 000	0	0	0
Other Current Debt	1 729 000	1 087 000	816 000	0
Total Current Debt	9 653 000	4 918 000	3 337 000	236 000
Total Equity and Debt	21 063 000	18 740 000	15 122 000	326 000

Financial indicators	2022	2021	2020	2019
Return on Equity	94,51 %	88,39 %	77,58 %	−5,56 %
Debt-to-Equity Ratio	4,18	3,04	28,69	0
Operating Profit Margin	8,72 %	15,86 %	4,32 %	-
Current Ratio	1,74	2,62	2,3	0,59
Quick Ratio	1,82	2,82	2,58	0,59
Equity Ratio	0,1	0,18	0,03	0,28
Gross Profit Margin	72,08 %	73,87 %	72,33 %	-