KROA KVINESDAL AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

213,84 %

Current Ratio

0,52

Debt-to-Equity Ratio

−1,26

Key figures (NOK)	2022	2021	2020
Revenue	2 995 000	1 818 000	1 458 000
Net Income	−340 000	257 000	−109 000
Total Assets	529 000	324 000	644 000
Total Equity	−159 000	181 000	−76 000

Income (NOK)	2022	2021	2020
Revenue	2 995 000	1 818 000	1 458 000
Expenditure	3 303 000	1 509 000	1 552 000
Operating Profit	−307 000	309 000	−93 000
Financial Income	0	2 000	0
Financial Costs	36 000	12 000	15 000
Financial Balance	−36 000	−10 000	−15 000
Earnings Before Tax	−344 000	299 000	−109 000
Tax	−4 000	42 000	0
Net Income	−340 000	257 000	−109 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	276 000	198 000	246 000
Total Current Assets	254 000	126 000	398 000
Total Assets	529 000	324 000	644 000
Total Retained Equity	−192 000	148 000	−109 000
Total Equity	−159 000	181 000	−76 000
Total Long-Term Debt	200 000	4 000	413 000
Total Current Debt	488 000	139 000	307 000
Total Equity and Debt	529 000	324 000	644 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 967 000	1 616 000	1 419 000
Other Income	28 000	202 000	39 000
Revenue	2 995 000	1 818 000	1 458 000
Cost of Goods Sold	1 063 000	580 000	588 000
Salary Costs	1 312 000	317 000	408 000
Depreciation	92 000	54 000	40 000
Impairment	0	0	0
Expenditure	3 303 000	1 509 000	1 552 000
Operating Profit	−307 000	309 000	−93 000
Financial Income	0	2 000	0
Financial Costs	36 000	12 000	15 000
Financial Balance	−36 000	−10 000	−15 000
Dividends	0	0	0
Net Income	−340 000	257 000	−109 000

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	10 000	14 000	66 000
Fixtures	266 000	184 000	179 000
Total Tangible Assets	276 000	198 000	246 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	276 000	198 000	246 000
Stock	68 000	82 000	126 000
Total Investments	0	0	0
Cash, Bank	170 000	32 000	193 000
Total Current Assets	254 000	126 000	398 000
Total Assets	529 000	324 000	644 000
Total Equity	−159 000	181 000	−76 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	200 000	4 000	413 000
Creditors	80 000	71 000	9 000
Unpaid Taxes	228 000	29 000	47 000
Dividends	0	0	0
Other Current Debt	180 000	0	250 000
Total Current Debt	488 000	139 000	307 000
Total Equity and Debt	529 000	324 000	644 000

Financial indicators	2022	2021	2020
Return on Equity	213,84 %	141,99 %	143,42 %
Debt-to-Equity Ratio	−1,26	0,02	−5,43
Operating Profit Margin	−10,25 %	17 %	−6,38 %
Current Ratio	0,52	0,91	1,3
Quick Ratio	0,6	2,21	2,2
Equity Ratio	−0,3	0,56	−0,12
Gross Profit Margin	64,51 %	68,1 %	59,67 %