KVAM VVS AS

6008 ÅLESUND

Finances

Share Ownership

Return on Equity

66,04 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 581 000	1 773 000	2 785 000	2 396 000
Net Income	315 000	61 000	355 000	−174 000
Total Assets	1 153 000	403 000	822 000	721 000
Total Equity	477 000	162 000	101 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 581 000	1 773 000	2 785 000	2 396 000
Expenditure	2 184 000	1 703 000	2 336 000	2 622 000
Operating Profit	398 000	71 000	449 000	−226 000
Financial Income	5 000	9 000	5 000	3 000
Financial Costs	0	0	0	0
Financial Balance	5 000	9 000	5 000	3 000
Earnings Before Tax	403 000	79 000	454 000	−224 000
Tax	88 000	18 000	99 000	−49 000
Net Income	315 000	61 000	355 000	−174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 000	117 000	64 000	133 000
Total Current Assets	1 073 000	286 000	758 000	589 000
Total Assets	1 153 000	403 000	822 000	721 000
Total Retained Equity	427 000	112 000	51 000	−4 000
Total Equity	477 000	162 000	101 000	46 000
Total Long-Term Debt	0	18 000	0	0
Total Current Debt	677 000	224 000	722 000	676 000
Total Equity and Debt	1 153 000	403 000	822 000	721 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 581 000	1 773 000	2 785 000	2 396 000
Other Income	0	0	0	0
Revenue	2 581 000	1 773 000	2 785 000	2 396 000
Cost of Goods Sold	870 000	606 000	1 093 000	871 000
Salary Costs	1 080 000	835 000	862 000	1 376 000
Depreciation	10 000	10 000	50 000	96 000
Impairment	0	0	0	0
Expenditure	2 184 000	1 703 000	2 336 000	2 622 000
Operating Profit	398 000	71 000	449 000	−226 000
Financial Income	5 000	9 000	5 000	3 000
Financial Costs	0	0	0	0
Financial Balance	5 000	9 000	5 000	3 000
Dividends	0	0	300 000	0
Net Income	315 000	61 000	355 000	−174 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	39 000	39 000	56 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 000	79 000	26 000	76 000
Total Tangible Assets	69 000	79 000	26 000	76 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	81 000	117 000	64 000	133 000
Stock	13 000	4 000	4 000	13 000
Total Investments	0	0	0	0
Cash, Bank	643 000	153 000	240 000	200 000
Total Current Assets	1 073 000	286 000	758 000	589 000
Total Assets	1 153 000	403 000	822 000	721 000
Total Equity	477 000	162 000	101 000	46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	18 000	0	0
Creditors	99 000	58 000	105 000	141 000
Unpaid Taxes	210 000	97 000	159 000	227 000
Dividends	0	0	300 000	0
Other Current Debt	289 000	69 000	77 000	308 000
Total Current Debt	677 000	224 000	722 000	676 000
Total Equity and Debt	1 153 000	403 000	822 000	721 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,04 %	37,65 %	351,49 %	−378,26 %
Debt-to-Equity Ratio	0	0,11	0	0
Operating Profit Margin	15,42 %	4 %	16,12 %	−9,43 %
Current Ratio	1,58	1,28	1,05	0,87
Quick Ratio	1,62	1,3	1,06	0,89
Equity Ratio	0,41	0,4	0,12	0,06
Gross Profit Margin	66,29 %	65,82 %	60,75 %	63,65 %