KNUT QVALE AS

1362 HOSLE

Finances

Share Ownership

Return on Equity

−127,66 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	245 000	716 000	1 649 000	1 690 000
Net Income	−420 000	−75 000	107 000	17 000
Total Assets	1 291 000	1 782 000	2 159 000	2 169 000
Total Equity	329 000	749 000	824 000	717 000

Income (NOK)	2021	2020	2019	2018
Revenue	245 000	716 000	1 649 000	1 690 000
Expenditure	657 000	791 000	1 527 000	1 635 000
Operating Profit	−411 000	−74 000	122 000	54 000
Financial Income	0	−1 000	0	0
Financial Costs	9 000	0	15 000	37 000
Financial Balance	−9 000	−1 000	−15 000	−37 000
Earnings Before Tax	−420 000	−75 000	107 000	17 000
Tax	0	0	0	0
Net Income	−420 000	−75 000	107 000	17 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	169 000	169 000	169 000	126 000
Total Current Assets	1 123 000	1 614 000	1 990 000	2 043 000
Total Assets	1 291 000	1 782 000	2 159 000	2 169 000
Total Retained Equity	−431 000	−11 000	0	−42 000
Total Equity	329 000	749 000	824 000	717 000
Total Long-Term Debt	0	0	0	890 000
Total Current Debt	963 000	1 034 000	1 335 000	562 000
Total Equity and Debt	1 291 000	1 782 000	2 159 000	2 169 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	245 000	716 000	1 642 000	1 688 000
Other Income	0	0	6 000	2 000
Revenue	245 000	716 000	1 649 000	1 690 000
Cost of Goods Sold	337 000	539 000	1 062 000	1 115 000
Salary Costs	70 000	61 000	164 000	135 000
Depreciation	0	0	0	38 000
Impairment	0	0	0	0
Expenditure	657 000	791 000	1 527 000	1 635 000
Operating Profit	−411 000	−74 000	122 000	54 000
Financial Income	0	−1 000	0	0
Financial Costs	9 000	0	15 000	37 000
Financial Balance	−9 000	−1 000	−15 000	−37 000
Dividends	0	0	0	0
Net Income	−420 000	−75 000	107 000	17 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	169 000	169 000	169 000	126 000
Total Tangible Assets	169 000	169 000	169 000	126 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	169 000	169 000	169 000	126 000
Stock	698 000	1 035 000	1 320 000	1 620 000
Total Investments	0	0	0	0
Cash, Bank	182 000	318 000	515 000	295 000
Total Current Assets	1 123 000	1 614 000	1 990 000	2 043 000
Total Assets	1 291 000	1 782 000	2 159 000	2 169 000
Total Equity	329 000	749 000	824 000	717 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	890 000
Creditors	0	41 000	282 000	458 000
Unpaid Taxes	−26 000	−1 000	47 000	64 000
Dividends	0	0	0	0
Other Current Debt	989 000	994 000	1 005 000	40 000
Total Current Debt	963 000	1 034 000	1 335 000	562 000
Total Equity and Debt	1 291 000	1 782 000	2 159 000	2 169 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−127,66 %	−10,01 %	12,99 %	2,37 %
Debt-to-Equity Ratio	0	0	0	1,24
Operating Profit Margin	−167,76 %	−10,34 %	7,4 %	3,2 %
Current Ratio	1,17	1,56	1,49	3,64
Quick Ratio	4,24	−1 614	132,67	−1,93
Equity Ratio	0,25	0,42	0,38	0,33
Gross Profit Margin	−37,55 %	24,72 %	35,6 %	34,02 %