KVADRATEN AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

4,59 %

Current Ratio

2,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 177 000	1 154 000	1 023 000	814 000
Net Income	159 000	226 000	197 000	−91 000
Total Assets	4 323 000	4 155 000	3 857 000	4 282 000
Total Equity	3 465 000	3 306 000	3 080 000	3 433 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 177 000	1 154 000	1 023 000	814 000
Expenditure	933 000	810 000	717 000	875 000
Operating Profit	244 000	343 000	306 000	−61 000
Financial Income	6 000	0	0	0
Financial Costs	17 000	14 000	14 000	18 000
Financial Balance	−11 000	−14 000	−14 000	−18 000
Earnings Before Tax	233 000	329 000	292 000	−79 000
Tax	74 000	103 000	96 000	12 000
Net Income	159 000	226 000	197 000	−91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 385 000	2 627 000	2 900 000	3 739 000
Total Current Assets	1 938 000	1 528 000	957 000	543 000
Total Assets	4 323 000	4 155 000	3 857 000	4 282 000
Total Retained Equity	2 665 000	2 506 000	2 280 000	2 633 000
Total Equity	3 465 000	3 306 000	3 080 000	3 433 000
Total Long-Term Debt	0	0	0	31 000
Total Current Debt	858 000	848 000	777 000	818 000
Total Equity and Debt	4 323 000	4 155 000	3 857 000	4 282 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 177 000	1 154 000	1 023 000	814 000
Revenue	1 177 000	1 154 000	1 023 000	814 000
Cost of Goods Sold	0	0	0	0
Salary Costs	118 000	118 000	0	120 000
Depreciation	241 000	273 000	289 000	301 000
Impairment	0	0	0	0
Expenditure	933 000	810 000	717 000	875 000
Operating Profit	244 000	343 000	306 000	−61 000
Financial Income	6 000	0	0	0
Financial Costs	17 000	14 000	14 000	18 000
Financial Balance	−11 000	−14 000	−14 000	−18 000
Dividends	0	0	0	0
Net Income	159 000	226 000	197 000	−91 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 345 000	2 573 000	2 801 000	3 029 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	54 000	99 000	160 000
Total Tangible Assets	2 385 000	2 627 000	2 900 000	3 189 000
Total Fiancial Fixed Assets	0	0	0	550 000
Total Fixed Assets	2 385 000	2 627 000	2 900 000	3 739 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 882 000	1 468 000	907 000	517 000
Total Current Assets	1 938 000	1 528 000	957 000	543 000
Total Assets	4 323 000	4 155 000	3 857 000	4 282 000
Total Equity	3 465 000	3 306 000	3 080 000	3 433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	31 000
Creditors	43 000	40 000	27 000	31 000
Unpaid Taxes	12 000	86 000	15 000	10 000
Dividends	0	0	0	0
Other Current Debt	729 000	620 000	638 000	765 000
Total Current Debt	858 000	848 000	777 000	818 000
Total Equity and Debt	4 323 000	4 155 000	3 857 000	4 282 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,59 %	6,84 %	6,4 %	−2,65 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	20,73 %	29,72 %	29,91 %	−7,49 %
Current Ratio	2,26	1,8	1,23	0,66
Quick Ratio	2,26	1,8	1,23	0,66
Equity Ratio	0,8	0,8	0,8	0,8
Gross Profit Margin	100 %	100 %	100 %	100 %