KVALHEIM FRITIDSENTER AS

5937 BØVÅGEN

Finances

Share Ownership

Return on Equity

54,89 %

Current Ratio

0,55

Debt-to-Equity Ratio

1,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 831 000	2 095 000	17 329 000	4 111 000
Net Income	1 865 000	−2 059 000	9 721 000	473 000
Total Assets	9 526 000	9 173 000	16 365 000	13 924 000
Total Equity	3 398 000	1 532 000	3 592 000	1 870 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 831 000	2 095 000	17 329 000	4 111 000
Expenditure	5 303 000	4 714 000	4 695 000	3 147 000
Operating Profit	2 528 000	−2 619 000	12 635 000	964 000
Financial Income	1 000	0	4 000	1 000
Financial Costs	138 000	22 000	176 000	358 000
Financial Balance	−137 000	−22 000	−172 000	−357 000
Earnings Before Tax	2 391 000	−2 640 000	12 463 000	608 000
Tax	526 000	−581 000	2 742 000	135 000
Net Income	1 865 000	−2 059 000	9 721 000	473 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 103 000	8 746 000	15 699 000	13 625 000
Total Current Assets	422 000	427 000	665 000	299 000
Total Assets	9 526 000	9 173 000	16 365 000	13 924 000
Total Retained Equity	874 000	−991 000	1 068 000	−653 000
Total Equity	3 398 000	1 532 000	3 592 000	1 870 000
Total Long-Term Debt	5 357 000	7 026 000	3 722 000	11 319 000
Total Current Debt	771 000	615 000	9 051 000	734 000
Total Equity and Debt	9 526 000	9 173 000	16 365 000	13 924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 791 000	2 022 000	1 342 000	3 985 000
Other Income	4 040 000	73 000	15 987 000	126 000
Revenue	7 831 000	2 095 000	17 329 000	4 111 000
Cost of Goods Sold	1 045 000	335 000	237 000	183 000
Salary Costs	1 780 000	1 724 000	2 127 000	2 434 000
Depreciation	559 000	609 000	631 000	801 000
Impairment	0	0	−2 000 000	−2 000 000
Expenditure	5 303 000	4 714 000	4 695 000	3 147 000
Operating Profit	2 528 000	−2 619 000	12 635 000	964 000
Financial Income	1 000	0	4 000	1 000
Financial Costs	138 000	22 000	176 000	358 000
Financial Balance	−137 000	−22 000	−172 000	−357 000
Dividends	0	0	0	0
Net Income	1 865 000	−2 059 000	9 721 000	473 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	30 000	45 000	590 000
Real Eastate	5 768 000	7 428 000	7 478 000	10 754 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 049 000	1 289 000	1 462 000	2 281 000
Total Tangible Assets	6 817 000	8 716 000	8 939 000	13 035 000
Total Fiancial Fixed Assets	2 276 000	0	6 715 000	0
Total Fixed Assets	9 103 000	8 746 000	15 699 000	13 625 000
Stock	35 000	27 000	39 000	64 000
Total Investments	0	0	0	0
Cash, Bank	96 000	103 000	71 000	71 000
Total Current Assets	422 000	427 000	665 000	299 000
Total Assets	9 526 000	9 173 000	16 365 000	13 924 000
Total Equity	3 398 000	1 532 000	3 592 000	1 870 000
Short-Term Group Debt	0	0	8 000 000	0
Total Long-Term Debt	5 357 000	7 026 000	3 722 000	11 319 000
Creditors	104 000	78 000	544 000	227 000
Unpaid Taxes	110 000	81 000	83 000	96 000
Dividends	0	0	0	0
Other Current Debt	558 000	457 000	424 000	411 000
Total Current Debt	771 000	615 000	9 051 000	734 000
Total Equity and Debt	9 526 000	9 173 000	16 365 000	13 924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,89 %	−134,4 %	270,63 %	25,29 %
Debt-to-Equity Ratio	1,58	4,59	1,04	6,05
Operating Profit Margin	32,28 %	−125,01 %	72,91 %	23,45 %
Current Ratio	0,55	0,69	0,07	0,41
Quick Ratio	0,57	0,73	0,07	0,45
Equity Ratio	0,36	0,17	0,22	0,13
Gross Profit Margin	86,66 %	84,01 %	98,63 %	95,55 %