KVALSVIK VVS AS

6905 FLORØ

Finances

Share Ownership

Return on Equity

1,78 %

Current Ratio

4,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 733 000	2 099 000	2 082 000	1 899 000
Net Income	11 000	95 000	150 000	−102 000
Total Assets	804 000	913 000	803 000	923 000
Total Equity	618 000	607 000	512 000	362 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 733 000	2 099 000	2 082 000	1 899 000
Expenditure	1 706 000	1 993 000	1 910 000	1 989 000
Operating Profit	28 000	106 000	172 000	−90 000
Financial Income	0	3 000	0	0
Financial Costs	9 000	5 000	13 000	13 000
Financial Balance	−9 000	−2 000	−13 000	−13 000
Earnings Before Tax	19 000	103 000	159 000	−102 000
Tax	8 000	9 000	9 000	0
Net Income	11 000	95 000	150 000	−102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	0	0	0
Total Current Assets	772 000	913 000	803 000	923 000
Total Assets	804 000	913 000	803 000	923 000
Total Retained Equity	518 000	507 000	412 000	262 000
Total Equity	618 000	607 000	512 000	362 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	186 000	307 000	291 000	561 000
Total Equity and Debt	804 000	913 000	803 000	923 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 528 000	1 929 000	2 199 000	1 952 000
Other Income	206 000	170 000	−117 000	−53 000
Revenue	1 733 000	2 099 000	2 082 000	1 899 000
Cost of Goods Sold	713 000	945 000	977 000	628 000
Salary Costs	543 000	521 000	447 000	840 000
Depreciation	5 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	1 706 000	1 993 000	1 910 000	1 989 000
Operating Profit	28 000	106 000	172 000	−90 000
Financial Income	0	3 000	0	0
Financial Costs	9 000	5 000	13 000	13 000
Financial Balance	−9 000	−2 000	−13 000	−13 000
Dividends	0	0	0	0
Net Income	11 000	95 000	150 000	−102 000

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	23 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	23 000	0	0	0
Total Fiancial Fixed Assets	8 000	0	0	0
Total Fixed Assets	32 000	0	0	0
Stock	300 000	250 000	300 000	400 000
Total Investments	0	0	0	0
Cash, Bank	191 000	171 000	3 000	14 000
Total Current Assets	772 000	913 000	803 000	923 000
Total Assets	804 000	913 000	803 000	923 000
Total Equity	618 000	607 000	512 000	362 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	68 000	121 000	96 000	112 000
Unpaid Taxes	60 000	65 000	88 000	111 000
Dividends	0	0	0	0
Other Current Debt	49 000	112 000	81 000	237 000
Total Current Debt	186 000	307 000	291 000	561 000
Total Equity and Debt	804 000	913 000	803 000	923 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,78 %	15,65 %	29,3 %	−28,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,62 %	5,05 %	8,26 %	−4,74 %
Current Ratio	4,15	2,97	2,76	1,65
Quick Ratio	−6,77	16,02	−89,22	5,73
Equity Ratio	0,77	0,66	0,64	0,39
Gross Profit Margin	58,86 %	54,98 %	53,07 %	66,93 %