KVASSHOVD AS

5096 BERGEN

Finances

Return on Equity

−15,18 %

Current Ratio

24,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	354 000	149 000	113 000	113 000
Net Income	−3 299 000	−5 818 000	23 476 000	495 000
Total Assets	21 918 000	30 860 000	37 260 000	13 794 000
Total Equity	21 739 000	25 138 000	37 256 000	13 780 000

Income (NOK)	2022	2021	2020	2019
Revenue	354 000	149 000	113 000	113 000
Expenditure	294 000	236 000	185 000	180 000
Operating Profit	60 000	−88 000	−73 000	−67 000
Financial Income	5 528 000	5 686 000	24 450 000	577 000
Financial Costs	8 886 000	11 416 000	902 000	15 000
Financial Balance	−3 358 000	−5 730 000	23 548 000	562 000
Earnings Before Tax	−3 299 000	−5 818 000	23 476 000	495 000
Tax	0	0	0	0
Net Income	−3 299 000	−5 818 000	23 476 000	495 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 449 000	17 457 000	12 648 000	11 874 000
Total Current Assets	4 469 000	13 403 000	24 612 000	1 920 000
Total Assets	21 918 000	30 860 000	37 260 000	13 794 000
Total Retained Equity	21 639 000	25 038 000	37 156 000	13 680 000
Total Equity	21 739 000	25 138 000	37 256 000	13 780 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	179 000	5 722 000	4 000	14 000
Total Equity and Debt	21 918 000	30 860 000	37 260 000	13 794 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	354 000	149 000	113 000	113 000
Other Income	0	0	0	0
Revenue	354 000	149 000	113 000	113 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	1 000	1 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	294 000	236 000	185 000	180 000
Operating Profit	60 000	−88 000	−73 000	−67 000
Financial Income	5 528 000	5 686 000	24 450 000	577 000
Financial Costs	8 886 000	11 416 000	902 000	15 000
Financial Balance	−3 358 000	−5 730 000	23 548 000	562 000
Dividends	100 000	6 300 000	0	0
Net Income	−3 299 000	−5 818 000	23 476 000	495 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	17 449 000	17 457 000	12 648 000	11 874 000
Total Fixed Assets	17 449 000	17 457 000	12 648 000	11 874 000
Stock	0	0	0	0
Total Investments	4 122 000	10 314 000	21 125 000	188 000
Cash, Bank	72 000	2 589 000	3 465 000	1 732 000
Total Current Assets	4 469 000	13 403 000	24 612 000	1 920 000
Total Assets	21 918 000	30 860 000	37 260 000	13 794 000
Total Equity	21 739 000	25 138 000	37 256 000	13 780 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	17 000	2 000	4 000
Unpaid Taxes	46 000	1 000	2 000	9 000
Dividends	100 000	6 300 000	0	0
Other Current Debt	33 000	5 703 000	0	1 000
Total Current Debt	179 000	5 722 000	4 000	14 000
Total Equity and Debt	21 918 000	30 860 000	37 260 000	13 794 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,18 %	−23,14 %	63,01 %	3,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,95 %	−59,06 %	−64,6 %	−59,29 %
Current Ratio	24,97	2,34	6 153	137,14
Quick Ratio	24,97	2,34	6 153	137,14
Equity Ratio	0,99	0,81	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %