KVALVIK REHABILITERING/ SONG RECORDS NORWAY AS

1453 BJØRNEMYR

Finances

Return on Equity

19,46 %

Current Ratio

0,24

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 108 000	2 483 000	2 365 000	2 658 000
Net Income	393 000	469 000	688 000	517 000
Total Assets	2 949 000	6 407 000	6 423 000	6 268 000
Total Equity	2 020 000	5 041 000	4 671 000	4 123 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 108 000	2 483 000	2 365 000	2 658 000
Expenditure	1 588 000	1 841 000	1 440 000	1 917 000
Operating Profit	520 000	641 000	925 000	742 000
Financial Income	0	0	0	0
Financial Costs	16 000	39 000	51 000	81 000
Financial Balance	−16 000	−39 000	−51 000	−81 000
Earnings Before Tax	504 000	602 000	874 000	661 000
Tax	111 000	133 000	187 000	143 000
Net Income	393 000	469 000	688 000	517 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 732 000	5 971 000	6 010 000	5 811 000
Total Current Assets	216 000	436 000	413 000	456 000
Total Assets	2 949 000	6 407 000	6 423 000	6 268 000
Total Retained Equity	1 920 000	4 941 000	4 571 000	4 023 000
Total Equity	2 020 000	5 041 000	4 671 000	4 123 000
Total Long-Term Debt	32 000	0	801 000	1 493 000
Total Current Debt	897 000	1 366 000	950 000	652 000
Total Equity and Debt	2 949 000	6 407 000	6 423 000	6 268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 711 000	2 313 000	2 192 000	2 443 000
Other Income	398 000	169 000	173 000	215 000
Revenue	2 108 000	2 483 000	2 365 000	2 658 000
Cost of Goods Sold	79 000	70 000	81 000	55 000
Salary Costs	310 000	681 000	759 000	979 000
Depreciation	39 000	39 000	26 000	0
Impairment	0	0	0	0
Expenditure	1 588 000	1 841 000	1 440 000	1 917 000
Operating Profit	520 000	641 000	925 000	742 000
Financial Income	0	0	0	0
Financial Costs	16 000	39 000	51 000	81 000
Financial Balance	−16 000	−39 000	−51 000	−81 000
Dividends	0	0	10 000	0
Net Income	393 000	469 000	688 000	517 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 581 000	5 781 000	5 781 000	5 781 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	121 000	160 000	199 000	30 000
Total Tangible Assets	2 702 000	5 941 000	5 980 000	5 811 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	0
Total Fixed Assets	2 732 000	5 971 000	6 010 000	5 811 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	94 000	94 000	117 000	243 000
Total Current Assets	216 000	436 000	413 000	456 000
Total Assets	2 949 000	6 407 000	6 423 000	6 268 000
Total Equity	2 020 000	5 041 000	4 671 000	4 123 000
Short-Term Group Debt	16 000	0	0	0
Total Long-Term Debt	32 000	0	801 000	1 493 000
Creditors	210 000	0	62 000	14 000
Unpaid Taxes	11 000	26 000	59 000	44 000
Dividends	0	0	10 000	0
Other Current Debt	585 000	1 234 000	669 000	451 000
Total Current Debt	897 000	1 366 000	950 000	652 000
Total Equity and Debt	2 949 000	6 407 000	6 423 000	6 268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,46 %	9,3 %	14,73 %	12,54 %
Debt-to-Equity Ratio	0,02	0	0,17	0,36
Operating Profit Margin	24,67 %	25,82 %	39,11 %	27,92 %
Current Ratio	0,24	0,32	0,43	0,7
Quick Ratio	0,24	0,32	0,43	0,7
Equity Ratio	0,68	0,79	0,73	0,66
Gross Profit Margin	96,25 %	97,18 %	96,58 %	97,93 %