KVAMNET EIGEDOM AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

7,94 %

Current Ratio

12,65

Debt-to-Equity Ratio

4,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	867 000	834 000	1 191 000	648 000
Net Income	90 000	151 000	438 000	21 000
Total Assets	6 348 000	1 322 000	1 121 000	784 000
Total Equity	1 134 000	1 044 000	893 000	455 000

Income (NOK)	2022	2021	2020	2019
Revenue	867 000	834 000	1 191 000	648 000
Expenditure	649 000	640 000	625 000	615 000
Operating Profit	218 000	194 000	565 000	33 000
Financial Income	0	0	0	0
Financial Costs	103 000	0	4 000	7 000
Financial Balance	−103 000	0	−4 000	−7 000
Earnings Before Tax	115 000	194 000	561 000	27 000
Tax	25 000	43 000	123 000	6 000
Net Income	90 000	151 000	438 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 489 000	0	0	678 000
Total Current Assets	2 858 000	1 322 000	1 121 000	107 000
Total Assets	6 348 000	1 322 000	1 121 000	784 000
Total Retained Equity	1 034 000	944 000	793 000	355 000
Total Equity	1 134 000	1 044 000	893 000	455 000
Total Long-Term Debt	4 987 000	73 000	90 000	100 000
Total Current Debt	226 000	204 000	138 000	229 000
Total Equity and Debt	6 348 000	1 322 000	1 121 000	784 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	42 000	0	0
Other Income	867 000	792 000	1 191 000	648 000
Revenue	867 000	834 000	1 191 000	648 000
Cost of Goods Sold	0	42 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	14 000	19 000
Impairment	0	0	0	0
Expenditure	649 000	640 000	625 000	615 000
Operating Profit	218 000	194 000	565 000	33 000
Financial Income	0	0	0	0
Financial Costs	103 000	0	4 000	7 000
Financial Balance	−103 000	0	−4 000	−7 000
Dividends	0	0	0	0
Net Income	90 000	151 000	438 000	21 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	6 000
Real Eastate	3 489 000	0	0	672 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 489 000	0	0	672 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 489 000	0	0	678 000
Stock	173 000	173 000	155 000	0
Total Investments	0	0	0	0
Cash, Bank	2 043 000	4 000	512 000	2 000
Total Current Assets	2 858 000	1 322 000	1 121 000	107 000
Total Assets	6 348 000	1 322 000	1 121 000	784 000
Total Equity	1 134 000	1 044 000	893 000	455 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 987 000	73 000	90 000	100 000
Creditors	82 000	22 000	0	9 000
Unpaid Taxes	0	12 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	113 000	110 000	110 000	212 000
Total Current Debt	226 000	204 000	138 000	229 000
Total Equity and Debt	6 348 000	1 322 000	1 121 000	784 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,94 %	14,46 %	49,05 %	4,62 %
Debt-to-Equity Ratio	4,4	0,07	0,1	0,22
Operating Profit Margin	25,14 %	23,26 %	47,44 %	5,09 %
Current Ratio	12,65	6,48	8,12	0,47
Quick Ratio	53,92	42,65	−65,94	0,47
Equity Ratio	0,18	0,79	0,8	0,58
Gross Profit Margin	100 %	94,96 %	100 %	100 %