KVAM REKNESKAPSKONTOR AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

30,7 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 898 000	7 394 000	7 310 000	7 127 000
Net Income	241 000	322 000	632 000	507 000
Total Assets	3 744 000	3 584 000	4 155 000	5 487 000
Total Equity	785 000	544 000	512 000	737 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 898 000	7 394 000	7 310 000	7 127 000
Expenditure	7 684 000	7 021 000	6 518 000	6 389 000
Operating Profit	214 000	374 000	793 000	739 000
Financial Income	133 000	85 000	147 000	140 000
Financial Costs	38 000	46 000	129 000	217 000
Financial Balance	95 000	39 000	18 000	−77 000
Earnings Before Tax	309 000	413 000	810 000	662 000
Tax	68 000	91 000	178 000	155 000
Net Income	241 000	322 000	632 000	507 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	79 000	37 000	46 000	10 000
Total Current Assets	3 665 000	3 548 000	4 109 000	5 477 000
Total Assets	3 744 000	3 584 000	4 155 000	5 487 000
Total Retained Equity	385 000	144 000	112 000	337 000
Total Equity	785 000	544 000	512 000	737 000
Total Long-Term Debt	208 000	458 000	708 000	1 201 000
Total Current Debt	2 750 000	2 582 000	2 935 000	3 550 000
Total Equity and Debt	3 744 000	3 584 000	4 155 000	5 487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 898 000	7 394 000	7 310 000	7 127 000
Other Income	0	0	0	0
Revenue	7 898 000	7 394 000	7 310 000	7 127 000
Cost of Goods Sold	129 000	89 000	114 000	112 000
Salary Costs	6 021 000	5 402 000	5 014 000	4 946 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 684 000	7 021 000	6 518 000	6 389 000
Operating Profit	214 000	374 000	793 000	739 000
Financial Income	133 000	85 000	147 000	140 000
Financial Costs	38 000	46 000	129 000	217 000
Financial Balance	95 000	39 000	18 000	−77 000
Dividends	0	0	100 000	0
Net Income	241 000	322 000	632 000	507 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	37 000	46 000	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	44 000	0	0	0
Total Tangible Assets	44 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	79 000	37 000	46 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	194 000	502 000	86 000	188 000
Total Current Assets	3 665 000	3 548 000	4 109 000	5 477 000
Total Assets	3 744 000	3 584 000	4 155 000	5 487 000
Total Equity	785 000	544 000	512 000	737 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	208 000	458 000	708 000	1 201 000
Creditors	152 000	97 000	74 000	61 000
Unpaid Taxes	838 000	812 000	777 000	971 000
Dividends	0	0	100 000	0
Other Current Debt	987 000	1 305 000	2 084 000	1 427 000
Total Current Debt	2 750 000	2 582 000	2 935 000	3 550 000
Total Equity and Debt	3 744 000	3 584 000	4 155 000	5 487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,7 %	59,19 %	123,44 %	68,79 %
Debt-to-Equity Ratio	0,26	0,84	1,38	1,63
Operating Profit Margin	2,71 %	5,06 %	10,85 %	10,37 %
Current Ratio	1,33	1,37	1,4	1,54
Quick Ratio	1,33	1,37	1,4	1,54
Equity Ratio	0,21	0,15	0,12	0,13
Gross Profit Margin	98,37 %	98,8 %	98,44 %	98,43 %