KVASSNESVEGEN 25 AS

5914 ISDALSTØ

Finances

Return on Equity

16,66 %

Current Ratio

1,72

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	10 211 000	9 677 000	9 455 000
Net Income	5 934 000	5 203 000	6 479 000
Total Assets	43 170 000	38 858 000	37 466 000
Total Equity	35 625 000	34 691 000	31 488 000

Income (NOK)	2022	2021	2020
Revenue	10 211 000	9 677 000	9 455 000
Expenditure	2 714 000	3 027 000	2 022 000
Operating Profit	7 498 000	6 650 000	7 433 000
Financial Income	114 000	22 000	88 000
Financial Costs	2 000	1 000	1 000
Financial Balance	112 000	21 000	87 000
Earnings Before Tax	7 610 000	6 672 000	7 520 000
Tax	1 675 000	1 469 000	1 041 000
Net Income	5 934 000	5 203 000	6 479 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	30 984 000	31 464 000	29 323 000
Total Current Assets	12 186 000	7 394 000	8 143 000
Total Assets	43 170 000	38 858 000	37 466 000
Total Retained Equity	4 268 000	3 334 000	131 000
Total Equity	35 625 000	34 691 000	31 488 000
Total Long-Term Debt	449 000	501 000	570 000
Total Current Debt	7 096 000	3 666 000	5 408 000
Total Equity and Debt	43 170 000	38 858 000	37 466 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	51 000
Other Income	10 211 000	9 677 000	9 404 000
Revenue	10 211 000	9 677 000	9 455 000
Cost of Goods Sold	1 000	0	19 000
Salary Costs	0	0	0
Depreciation	1 320 000	1 293 000	1 187 000
Impairment	0	0	0
Expenditure	2 714 000	3 027 000	2 022 000
Operating Profit	7 498 000	6 650 000	7 433 000
Financial Income	114 000	22 000	88 000
Financial Costs	2 000	1 000	1 000
Financial Balance	112 000	21 000	87 000
Dividends	5 000 000	2 000 000	4 000 000
Net Income	5 934 000	5 203 000	6 479 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	27 002 000	28 094 000	29 067 000
Machinery and Plant Facilities	0	0	0
Fixtures	781 000	169 000	256 000
Total Tangible Assets	27 784 000	28 264 000	29 323 000
Total Fiancial Fixed Assets	3 200 000	3 200 000	0
Total Fixed Assets	30 984 000	31 464 000	29 323 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	11 535 000	6 914 000	7 735 000
Total Current Assets	12 186 000	7 394 000	8 143 000
Total Assets	43 170 000	38 858 000	37 466 000
Total Equity	35 625 000	34 691 000	31 488 000
Short-Term Group Debt	5 000 000	2 000 000	4 000 000
Total Long-Term Debt	449 000	501 000	570 000
Creditors	103 000	5 000	93 000
Unpaid Taxes	265 000	124 000	247 000
Dividends	5 000 000	2 000 000	4 000 000
Other Current Debt	0	0	0
Total Current Debt	7 096 000	3 666 000	5 408 000
Total Equity and Debt	43 170 000	38 858 000	37 466 000

Financial indicators	2022	2021	2020
Return on Equity	16,66 %	15 %	20,58 %
Debt-to-Equity Ratio	0,01	0,01	0,02
Operating Profit Margin	73,43 %	68,72 %	78,61 %
Current Ratio	1,72	2,02	1,51
Quick Ratio	1,72	2,02	1,51
Equity Ratio	0,83	0,89	0,84
Gross Profit Margin	99,99 %	100 %	99,8 %