KVÆRNHUSET INDUSTRI-INKUBATOR AS

4373 EGERSUND

Finances

Return on Equity

−49,86 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	108 000	40 000	75 000	52 000
Net Income	−350 000	−111 000	−729 000	39 000
Total Assets	1 622 000	2 064 000	2 215 000	3 046 000
Total Equity	702 000	1 052 000	1 163 000	1 891 000

Income (NOK)	2022	2021	2020	2019
Revenue	108 000	40 000	75 000	52 000
Expenditure	108 000	40 000	75 000	52 000
Operating Profit	0	0	0	0
Financial Income	69 000	5 000	9 000	45 000
Financial Costs	413 000	115 000	736 000	0
Financial Balance	−344 000	−110 000	−727 000	45 000
Earnings Before Tax	−344 000	−110 000	−726 000	45 000
Tax	6 000	1 000	2 000	5 000
Net Income	−350 000	−111 000	−729 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	475 000	590 000	1 326 000
Total Current Assets	1 572 000	1 588 000	1 624 000	1 720 000
Total Assets	1 622 000	2 064 000	2 215 000	3 046 000
Total Retained Equity	−798 000	−448 000	−337 000	391 000
Total Equity	702 000	1 052 000	1 163 000	1 891 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	921 000	1 012 000	1 052 000	1 155 000
Total Equity and Debt	1 622 000	2 064 000	2 215 000	3 046 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	108 000	40 000	75 000	52 000
Revenue	108 000	40 000	75 000	52 000
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	108 000	40 000	75 000	52 000
Operating Profit	0	0	0	0
Financial Income	69 000	5 000	9 000	45 000
Financial Costs	413 000	115 000	736 000	0
Financial Balance	−344 000	−110 000	−727 000	45 000
Dividends	0	0	0	0
Net Income	−350 000	−111 000	−729 000	39 000

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	50 000	475 000	590 000	1 326 000
Total Fixed Assets	50 000	475 000	590 000	1 326 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 572 000	1 588 000	1 624 000	1 720 000
Total Current Assets	1 572 000	1 588 000	1 624 000	1 720 000
Total Assets	1 622 000	2 064 000	2 215 000	3 046 000
Total Equity	702 000	1 052 000	1 163 000	1 891 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	1 000	0	25 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	901 000	1 009 000	1 050 000	1 125 000
Total Current Debt	921 000	1 012 000	1 052 000	1 155 000
Total Equity and Debt	1 622 000	2 064 000	2 215 000	3 046 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,86 %	−10,55 %	−62,68 %	2,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0 %	0 %	0 %	0 %
Current Ratio	1,71	1,57	1,54	1,49
Quick Ratio	1,71	1,57	1,54	1,49
Equity Ratio	0,43	0,51	0,53	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %