Kvennbekken Borettslag

2322 RIDABU

Finances

Share Ownership

Return on Equity

−81,93 %

Current Ratio

15,53

Debt-to-Equity Ratio

2,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 000 000	998 000	998 000	1 012 000
Net Income	−3 037 000	−644 000	−341 000	400 000
Total Assets	11 921 000	12 050 000	11 625 000	11 783 000
Total Equity	3 707 000	6 744 000	7 388 000	7 729 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 000 000	998 000	998 000	1 012 000
Expenditure	3 941 000	1 639 000	1 350 000	623 000
Operating Profit	−2 941 000	−640 000	−351 000	389 000
Financial Income	10 000	9 000	11 000	15 000
Financial Costs	105 000	13 000	1 000	4 000
Financial Balance	−95 000	−4 000	10 000	11 000
Earnings Before Tax	−3 037 000	−644 000	−341 000	400 000
Tax	0	0	0	0
Net Income	−3 037 000	−644 000	−341 000	400 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 099 000	11 099 000	11 099 000	11 099 000
Total Current Assets	823 000	951 000	526 000	684 000
Total Assets	11 921 000	12 050 000	11 625 000	11 783 000
Total Retained Equity	3 705 000	6 742 000	7 386 000	7 727 000
Total Equity	3 707 000	6 744 000	7 388 000	7 729 000
Total Long-Term Debt	8 162 000	5 242 000	4 000 000	4 000 000
Total Current Debt	53 000	64 000	237 000	54 000
Total Equity and Debt	11 921 000	12 050 000	11 625 000	11 783 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 000 000	998 000	998 000	1 012 000
Revenue	1 000 000	998 000	998 000	1 012 000
Cost of Goods Sold	0	0	0	0
Salary Costs	50 000	50 000	103 000	51 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 941 000	1 639 000	1 350 000	623 000
Operating Profit	−2 941 000	−640 000	−351 000	389 000
Financial Income	10 000	9 000	11 000	15 000
Financial Costs	105 000	13 000	1 000	4 000
Financial Balance	−95 000	−4 000	10 000	11 000
Dividends	0	0	0	0
Net Income	−3 037 000	−644 000	−341 000	400 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 099 000	11 099 000	11 099 000	11 099 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 099 000	11 099 000	11 099 000	11 099 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 099 000	11 099 000	11 099 000	11 099 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	763 000	890 000	468 000	633 000
Total Current Assets	823 000	951 000	526 000	684 000
Total Assets	11 921 000	12 050 000	11 625 000	11 783 000
Total Equity	3 707 000	6 744 000	7 388 000	7 729 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 162 000	5 242 000	4 000 000	4 000 000
Creditors	52 000	63 000	231 000	54 000
Unpaid Taxes	0	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	0	1 000	5 000	0
Total Current Debt	53 000	64 000	237 000	54 000
Total Equity and Debt	11 921 000	12 050 000	11 625 000	11 783 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−81,93 %	−9,55 %	−4,62 %	5,18 %
Debt-to-Equity Ratio	2,2	0,78	0,54	0,52
Operating Profit Margin	−294,1 %	−64,13 %	−35,17 %	38,44 %
Current Ratio	15,53	14,86	2,22	12,67
Quick Ratio	15,53	14,86	2,22	12,67
Equity Ratio	0,31	0,56	0,64	0,66
Gross Profit Margin	100 %	100 %	100 %	100 %