KWL VA AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

285,71 %

Current Ratio

0,67

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	2 844 000	3 584 000	2 208 000
Net Income	−220 000	110 000	4 000
Total Assets	894 000	924 000	656 000
Total Equity	−77 000	144 000	34 000

Income (NOK)	2022	2021	2020
Revenue	2 844 000	3 584 000	2 208 000
Expenditure	3 067 000	3 431 000	2 186 000
Operating Profit	−223 000	153 000	23 000
Financial Income	4 000	3 000	2 000
Financial Costs	14 000	6 000	3 000
Financial Balance	−10 000	−3 000	−1 000
Earnings Before Tax	−233 000	150 000	22 000
Tax	−13 000	41 000	18 000
Net Income	−220 000	110 000	4 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	246 000	308 000	178 000
Total Current Assets	648 000	616 000	477 000
Total Assets	894 000	924 000	656 000
Total Retained Equity	−107 000	114 000	4 000
Total Equity	−77 000	144 000	34 000
Total Long-Term Debt	0	13 000	8 000
Total Current Debt	971 000	767 000	613 000
Total Equity and Debt	894 000	924 000	656 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 616 000	3 584 000	2 208 000
Other Income	229 000	0	0
Revenue	2 844 000	3 584 000	2 208 000
Cost of Goods Sold	491 000	1 024 000	719 000
Salary Costs	1 501 000	1 651 000	830 000
Depreciation	62 000	46 000	3 000
Impairment	0	0	0
Expenditure	3 067 000	3 431 000	2 186 000
Operating Profit	−223 000	153 000	23 000
Financial Income	4 000	3 000	2 000
Financial Costs	14 000	6 000	3 000
Financial Balance	−10 000	−3 000	−1 000
Dividends	0	0	0
Net Income	−220 000	110 000	4 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	119 000	112 000	0
Fixtures	127 000	196 000	178 000
Total Tangible Assets	246 000	308 000	178 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	246 000	308 000	178 000
Stock	145 000	0	0
Total Investments	0	0	0
Cash, Bank	178 000	477 000	123 000
Total Current Assets	648 000	616 000	477 000
Total Assets	894 000	924 000	656 000
Total Equity	−77 000	144 000	34 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	13 000	8 000
Creditors	325 000	189 000	466 000
Unpaid Taxes	450 000	387 000	108 000
Dividends	0	0	0
Other Current Debt	196 000	155 000	28 000
Total Current Debt	971 000	767 000	613 000
Total Equity and Debt	894 000	924 000	656 000

Financial indicators	2022	2021	2020
Return on Equity	285,71 %	76,39 %	11,76 %
Debt-to-Equity Ratio	−0	0,09	0,24
Operating Profit Margin	−7,84 %	4,27 %	1,04 %
Current Ratio	0,67	0,8	0,78
Quick Ratio	0,78	0,8	0,78
Equity Ratio	−0,09	0,16	0,05
Gross Profit Margin	82,74 %	71,43 %	67,44 %