KVARENG INVEST AS

4626 KRISTIANSAND S

Finances

Return on Equity

25,23 %

Current Ratio

80,37

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 406 000	481 000	−5 000	−31 000
Total Assets	7 237 000	5 764 000	5 214 000	5 196 000
Total Equity	5 572 000	4 166 000	3 685 000	3 690 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	132 000	41 000	27 000	25 000
Operating Profit	−132 000	−41 000	−27 000	−25 000
Financial Income	1 564 000	545 000	44 000	16 000
Financial Costs	26 000	23 000	23 000	22 000
Financial Balance	1 538 000	522 000	21 000	−6 000
Earnings Before Tax	1 406 000	481 000	−5 000	−31 000
Tax	0	0	0	0
Net Income	1 406 000	481 000	−5 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	245 000	245 000	245 000	245 000
Total Current Assets	6 992 000	5 519 000	4 969 000	4 951 000
Total Assets	7 237 000	5 764 000	5 214 000	5 196 000
Total Retained Equity	4 675 000	3 269 000	2 788 000	2 793 000
Total Equity	5 572 000	4 166 000	3 685 000	3 690 000
Total Long-Term Debt	1 578 000	1 552 000	1 529 000	1 506 000
Total Current Debt	87 000	46 000	0	0
Total Equity and Debt	7 237 000	5 764 000	5 214 000	5 196 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	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	132 000	41 000	27 000	25 000
Operating Profit	−132 000	−41 000	−27 000	−25 000
Financial Income	1 564 000	545 000	44 000	16 000
Financial Costs	26 000	23 000	23 000	22 000
Financial Balance	1 538 000	522 000	21 000	−6 000
Dividends	0	0	0	0
Net Income	1 406 000	481 000	−5 000	−31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	29 000	29 000	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	216 000	216 000	216 000	216 000
Total Fixed Assets	245 000	245 000	245 000	245 000
Stock	0	0	0	0
Total Investments	5 949 000	3 937 000	4 033 000	4 127 000
Cash, Bank	1 043 000	1 582 000	936 000	824 000
Total Current Assets	6 992 000	5 519 000	4 969 000	4 951 000
Total Assets	7 237 000	5 764 000	5 214 000	5 196 000
Total Equity	5 572 000	4 166 000	3 685 000	3 690 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 578 000	1 552 000	1 529 000	1 506 000
Creditors	87 000	46 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	87 000	46 000	0	0
Total Equity and Debt	7 237 000	5 764 000	5 214 000	5 196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,23 %	11,55 %	−0,14 %	−0,84 %
Debt-to-Equity Ratio	0,28	0,37	0,41	0,41
Operating Profit Margin	-	-	-	-
Current Ratio	80,37	119,98	-	-
Quick Ratio	80,37	119,98	-	-
Equity Ratio	0,77	0,72	0,71	0,71
Gross Profit Margin	-	-	-	-