KVALES EIENDOM AS

4022 STAVANGER

Finances

Return on Equity

−9,24 %

Current Ratio

19,86

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	21 000	38 000	0
Net Income	−417 000	585 000	314 000	466 000
Total Assets	5 183 000	5 872 000	7 775 000	5 107 000
Total Equity	4 512 000	4 929 000	4 344 000	4 029 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	21 000	38 000	0
Expenditure	46 000	160 000	88 000	92 000
Operating Profit	−46 000	−139 000	−50 000	−92 000
Financial Income	13 000	715 000	377 000	538 000
Financial Costs	394 000	27 000	29 000	0
Financial Balance	−381 000	688 000	348 000	538 000
Earnings Before Tax	−427 000	549 000	297 000	446 000
Tax	−10 000	−36 000	−17 000	−20 000
Net Income	−417 000	585 000	314 000	466 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	3 974 000	0
Total Current Assets	5 183 000	5 872 000	3 801 000	5 107 000
Total Assets	5 183 000	5 872 000	7 775 000	5 107 000
Total Retained Equity	4 092 000	4 509 000	3 924 000	3 609 000
Total Equity	4 512 000	4 929 000	4 344 000	4 029 000
Total Long-Term Debt	410 000	513 000	2 961 000	827 000
Total Current Debt	261 000	430 000	470 000	251 000
Total Equity and Debt	5 183 000	5 872 000	7 775 000	5 107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	21 000	38 000	0
Revenue	0	21 000	38 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	46 000	160 000	88 000	92 000
Operating Profit	−46 000	−139 000	−50 000	−92 000
Financial Income	13 000	715 000	377 000	538 000
Financial Costs	394 000	27 000	29 000	0
Financial Balance	−381 000	688 000	348 000	538 000
Dividends	0	0	0	0
Net Income	−417 000	585 000	314 000	466 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	3 974 000	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	3 974 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	3 974 000	0
Stock	0	0	0	0
Total Investments	3 824 000	4 217 000	3 508 000	3 641 000
Cash, Bank	1 359 000	1 655 000	292 000	1 466 000
Total Current Assets	5 183 000	5 872 000	3 801 000	5 107 000
Total Assets	5 183 000	5 872 000	7 775 000	5 107 000
Total Equity	4 512 000	4 929 000	4 344 000	4 029 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	410 000	513 000	2 961 000	827 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	168 000	318 000	321 000	64 000
Total Current Debt	261 000	430 000	470 000	251 000
Total Equity and Debt	5 183 000	5 872 000	7 775 000	5 107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,24 %	11,87 %	7,23 %	11,57 %
Debt-to-Equity Ratio	0,09	0,1	0,68	0,21
Operating Profit Margin	-	−661,9 %	−131,58 %	-
Current Ratio	19,86	13,66	8,09	20,35
Quick Ratio	19,86	13,66	8,09	20,35
Equity Ratio	0,87	0,84	0,56	0,79
Gross Profit Margin	-	100 %	100 %	-