KVESTAD MASSEMOTTAK AS

1433 ÅS

Finances

Share Ownership

Return on Equity

120,26 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	5 591 000	840 000	0
Net Income	2 671 000	529 000	−9 000
Total Assets	5 611 000	1 219 000	30 000
Total Equity	2 221 000	550 000	21 000

Income (NOK)	2022	2021	2020
Revenue	5 591 000	840 000	0
Expenditure	2 166 000	165 000	9 000
Operating Profit	3 425 000	675 000	−9 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	3 425 000	675 000	−9 000
Tax	754 000	147 000	0
Net Income	2 671 000	529 000	−9 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 181 000	195 000	0
Total Current Assets	4 430 000	1 024 000	30 000
Total Assets	5 611 000	1 219 000	30 000
Total Retained Equity	2 191 000	520 000	−9 000
Total Equity	2 221 000	550 000	21 000
Total Long-Term Debt	39 000	8 000	0
Total Current Debt	3 351 000	661 000	9 000
Total Equity and Debt	5 611 000	1 219 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 591 000	840 000	0
Other Income	0	0	0
Revenue	5 591 000	840 000	0
Cost of Goods Sold	950 000	0	0
Salary Costs	283 000	0	0
Depreciation	108 000	2 000	0
Impairment	0	0	0
Expenditure	2 166 000	165 000	9 000
Operating Profit	3 425 000	675 000	−9 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	1 000 000	0	0
Net Income	2 671 000	529 000	−9 000

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	1 181 000	195 000	0
Fixtures	0	0	0
Total Tangible Assets	1 181 000	195 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 181 000	195 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 902 000	1 024 000	30 000
Total Current Assets	4 430 000	1 024 000	30 000
Total Assets	5 611 000	1 219 000	30 000
Total Equity	2 221 000	550 000	21 000
Short-Term Group Debt	14 000	5 000	9 000
Total Long-Term Debt	39 000	8 000	0
Creditors	65 000	246 000	0
Unpaid Taxes	518 000	111 000	0
Dividends	1 000 000	0	0
Other Current Debt	1 031 000	161 000	0
Total Current Debt	3 351 000	661 000	9 000
Total Equity and Debt	5 611 000	1 219 000	30 000

Financial indicators	2022	2021	2020
Return on Equity	120,26 %	96,18 %	−42,86 %
Debt-to-Equity Ratio	0,02	0,01	0
Operating Profit Margin	61,26 %	80,36 %	-
Current Ratio	1,32	1,55	3,33
Quick Ratio	1,32	1,55	3,33
Equity Ratio	0,4	0,45	0,7
Gross Profit Margin	83,01 %	100 %	-