KVALSUND INGENIØRER AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

153,73 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 804 000	8 726 000	9 803 000	9 679 000
Net Income	1 299 000	1 028 000	1 756 000	1 573 000
Total Assets	4 190 000	3 576 000	4 777 000	4 585 000
Total Equity	845 000	846 000	818 000	802 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 804 000	8 726 000	9 803 000	9 679 000
Expenditure	8 135 000	7 398 000	7 539 000	7 656 000
Operating Profit	1 670 000	1 328 000	2 264 000	2 023 000
Financial Income	7 000	7 000	7 000	5 000
Financial Costs	0	0	0	0
Financial Balance	7 000	7 000	7 000	5 000
Earnings Before Tax	1 677 000	1 334 000	2 270 000	2 028 000
Tax	378 000	306 000	514 000	455 000
Net Income	1 299 000	1 028 000	1 756 000	1 573 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	37 000	24 000	42 000
Total Current Assets	4 165 000	3 539 000	4 753 000	4 543 000
Total Assets	4 190 000	3 576 000	4 777 000	4 585 000
Total Retained Equity	740 000	741 000	713 000	697 000
Total Equity	845 000	846 000	818 000	802 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 345 000	2 730 000	3 959 000	3 783 000
Total Equity and Debt	4 190 000	3 576 000	4 777 000	4 585 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 804 000	8 726 000	9 803 000	9 679 000
Other Income	0	0	0	0
Revenue	9 804 000	8 726 000	9 803 000	9 679 000
Cost of Goods Sold	23 000	38 000	3 000	5 000
Salary Costs	6 354 000	5 620 000	5 889 000	6 093 000
Depreciation	10 000	16 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	8 135 000	7 398 000	7 539 000	7 656 000
Operating Profit	1 670 000	1 328 000	2 264 000	2 023 000
Financial Income	7 000	7 000	7 000	5 000
Financial Costs	0	0	0	0
Financial Balance	7 000	7 000	7 000	5 000
Dividends	1 300 000	1 000 000	1 740 000	1 550 000
Net Income	1 299 000	1 028 000	1 756 000	1 573 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	7 000	7 000	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	21 000	30 000	10 000	10 000
Fixtures	0	0	7 000	16 000
Total Tangible Assets	21 000	30 000	17 000	26 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 000	37 000	24 000	42 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 712 000	2 164 000	3 401 000	3 078 000
Total Current Assets	4 165 000	3 539 000	4 753 000	4 543 000
Total Assets	4 190 000	3 576 000	4 777 000	4 585 000
Total Equity	845 000	846 000	818 000	802 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	163 000	208 000	201 000	108 000
Unpaid Taxes	924 000	709 000	979 000	1 102 000
Dividends	1 300 000	1 000 000	1 740 000	1 550 000
Other Current Debt	583 000	506 000	535 000	561 000
Total Current Debt	3 345 000	2 730 000	3 959 000	3 783 000
Total Equity and Debt	4 190 000	3 576 000	4 777 000	4 585 000

Financial indicators	2022	2021	2020	2019
Return on Equity	153,73 %	121,51 %	214,67 %	196,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,03 %	15,22 %	23,09 %	20,9 %
Current Ratio	1,25	1,3	1,2	1,2
Quick Ratio	1,25	1,3	1,2	1,2
Equity Ratio	0,2	0,24	0,17	0,17
Gross Profit Margin	99,77 %	99,56 %	99,97 %	99,95 %