KVENILD AREAL AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

215,85 %

Current Ratio

3,52

Debt-to-Equity Ratio

−70,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−885 000	−186 000	−756 000	−555 000
Total Assets	28 911 000	28 803 000	25 845 000	24 700 000
Total Equity	−410 000	475 000	−1 133 000	−376 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	160 000	83 000	54 000	80 000
Operating Profit	−160 000	−83 000	−54 000	−80 000
Financial Income	14 000	0	0	0
Financial Costs	989 000	609 000	702 000	474 000
Financial Balance	−975 000	−609 000	−702 000	−474 000
Earnings Before Tax	−1 135 000	−692 000	−756 000	−555 000
Tax	−250 000	−506 000	0	0
Net Income	−885 000	−186 000	−756 000	−555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 748 000	26 502 000	25 845 000	24 601 000
Total Current Assets	1 163 000	2 300 000	0	99 000
Total Assets	28 911 000	28 803 000	25 845 000	24 700 000
Total Retained Equity	−885 000	0	−1 333 000	−576 000
Total Equity	−410 000	475 000	−1 133 000	−376 000
Total Long-Term Debt	28 991 000	26 757 000	26 150 000	25 000 000
Total Current Debt	330 000	1 571 000	828 000	77 000
Total Equity and Debt	28 911 000	28 803 000	25 845 000	24 700 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	160 000	83 000	54 000	80 000
Operating Profit	−160 000	−83 000	−54 000	−80 000
Financial Income	14 000	0	0	0
Financial Costs	989 000	609 000	702 000	474 000
Financial Balance	−975 000	−609 000	−702 000	−474 000
Dividends	0	0	0	0
Net Income	−885 000	−186 000	−756 000	−555 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	250 000	0	0	0
Real Eastate	27 498 000	26 502 000	25 845 000	24 601 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	27 498 000	26 502 000	25 845 000	24 601 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 748 000	26 502 000	25 845 000	24 601 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	99 000
Total Current Assets	1 163 000	2 300 000	0	99 000
Total Assets	28 911 000	28 803 000	25 845 000	24 700 000
Total Equity	−410 000	475 000	−1 133 000	−376 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 991 000	26 757 000	26 150 000	25 000 000
Creditors	330 000	420 000	41 000	19 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 151 000	787 000	58 000
Total Current Debt	330 000	1 571 000	828 000	77 000
Total Equity and Debt	28 911 000	28 803 000	25 845 000	24 700 000

Financial indicators	2022	2021	2020	2019
Return on Equity	215,85 %	−39,16 %	66,73 %	147,61 %
Debt-to-Equity Ratio	−70,71	56,33	−23,08	−66,49
Operating Profit Margin	-	-	-	-
Current Ratio	3,52	1,46	0	1,29
Quick Ratio	3,52	1,46	0	1,29
Equity Ratio	−0,01	0,02	−0,04	−0,02
Gross Profit Margin	-	-	-	-