KVASSNESVEGEN 4 AS

5913 EIKANGERVÅG

Finances

Share Ownership

Return on Equity

7,16 %

Current Ratio

18,89

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 000	3 096 000	96 000	75 000
Net Income	82 000	2 412 000	73 000	55 000
Total Assets	1 276 000	3 976 000	999 000	768 000
Total Equity	1 146 000	1 064 000	751 000	679 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 000	3 096 000	96 000	75 000
Expenditure	5 000	5 000	5 000	8 000
Operating Profit	91 000	3 091 000	91 000	67 000
Financial Income	14 000	2 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	14 000	2 000	2 000	3 000
Earnings Before Tax	105 000	3 093 000	93 000	70 000
Tax	23 000	680 000	20 000	15 000
Net Income	82 000	2 412 000	73 000	55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	388 000	388 000	388 000	388 000
Total Current Assets	888 000	3 587 000	611 000	380 000
Total Assets	1 276 000	3 976 000	999 000	768 000
Total Retained Equity	710 000	628 000	316 000	243 000
Total Equity	1 146 000	1 064 000	751 000	679 000
Total Long-Term Debt	84 000	84 000	84 000	84 000
Total Current Debt	47 000	2 828 000	164 000	6 000
Total Equity and Debt	1 276 000	3 976 000	999 000	768 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	96 000	3 096 000	96 000	75 000
Revenue	96 000	3 096 000	96 000	75 000
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	5 000	5 000	5 000	8 000
Operating Profit	91 000	3 091 000	91 000	67 000
Financial Income	14 000	2 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	14 000	2 000	2 000	3 000
Dividends	0	2 100 000	0	0
Net Income	82 000	2 412 000	73 000	55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	388 000	388 000	388 000	388 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	388 000	388 000	388 000	388 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	388 000	388 000	388 000	388 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	788 000	3 487 000	611 000	304 000
Total Current Assets	888 000	3 587 000	611 000	380 000
Total Assets	1 276 000	3 976 000	999 000	768 000
Total Equity	1 146 000	1 064 000	751 000	679 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	84 000	84 000	84 000	84 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	2 100 000	0	0
Other Current Debt	24 000	48 000	144 000	0
Total Current Debt	47 000	2 828 000	164 000	6 000
Total Equity and Debt	1 276 000	3 976 000	999 000	768 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,16 %	226,69 %	9,72 %	8,1 %
Debt-to-Equity Ratio	0,07	0,08	0,11	0,12
Operating Profit Margin	94,79 %	99,84 %	94,79 %	89,33 %
Current Ratio	18,89	1,27	3,73	63,33
Quick Ratio	18,89	1,27	3,73	63,33
Equity Ratio	0,9	0,27	0,75	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %