KVERNEVIKVEGEN 4 AS

4048 HAFRSFJORD

Finances

Share Ownership

Return on Equity

−142,75 %

Current Ratio

0,08

Debt-to-Equity Ratio

−2,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 536 000	2 347 000	1 476 000	1 179 000
Net Income	1 389 000	854 000	−142 000	−266 000
Total Assets	2 532 000	5 788 000	7 384 000	7 547 000
Total Equity	−973 000	−2 361 000	−3 215 000	−3 074 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 536 000	2 347 000	1 476 000	1 179 000
Expenditure	895 000	994 000	1 080 000	1 047 000
Operating Profit	1 640 000	1 353 000	396 000	133 000
Financial Income	1 000	0	0	0
Financial Costs	252 000	499 000	538 000	398 000
Financial Balance	−251 000	−499 000	−538 000	−398 000
Earnings Before Tax	1 389 000	854 000	−142 000	−266 000
Tax	0	0	0	0
Net Income	1 389 000	854 000	−142 000	−266 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 412 000	5 647 000	7 273 000	7 427 000
Total Current Assets	119 000	141 000	111 000	121 000
Total Assets	2 532 000	5 788 000	7 384 000	7 547 000
Total Retained Equity	−2 190 000	−3 578 000	−4 432 000	−4 291 000
Total Equity	−973 000	−2 361 000	−3 215 000	−3 074 000
Total Long-Term Debt	2 028 000	7 275 000	10 039 000	10 174 000
Total Current Debt	1 476 000	874 000	560 000	447 000
Total Equity and Debt	2 532 000	5 788 000	7 384 000	7 547 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	841 000	1 440 000	1 427 000	1 179 000
Other Income	1 695 000	907 000	48 000	0
Revenue	2 536 000	2 347 000	1 476 000	1 179 000
Cost of Goods Sold	37 000	5 000	−10 000	42 000
Salary Costs	505 000	266 000	308 000	233 000
Depreciation	0	119 000	154 000	271 000
Impairment	0	0	0	0
Expenditure	895 000	994 000	1 080 000	1 047 000
Operating Profit	1 640 000	1 353 000	396 000	133 000
Financial Income	1 000	0	0	0
Financial Costs	252 000	499 000	538 000	398 000
Financial Balance	−251 000	−499 000	−538 000	−398 000
Dividends	0	0	0	0
Net Income	1 389 000	854 000	−142 000	−266 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 334 000	5 569 000	7 273 000	7 427 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	78 000	78 000	0	0
Total Tangible Assets	2 412 000	5 647 000	7 273 000	7 427 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 412 000	5 647 000	7 273 000	7 427 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	41 000	22 000	23 000	34 000
Total Current Assets	119 000	141 000	111 000	121 000
Total Assets	2 532 000	5 788 000	7 384 000	7 547 000
Total Equity	−973 000	−2 361 000	−3 215 000	−3 074 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 028 000	7 275 000	10 039 000	10 174 000
Creditors	332 000	316 000	164 000	244 000
Unpaid Taxes	115 000	328 000	180 000	69 000
Dividends	0	0	0	0
Other Current Debt	1 030 000	230 000	216 000	134 000
Total Current Debt	1 476 000	874 000	560 000	447 000
Total Equity and Debt	2 532 000	5 788 000	7 384 000	7 547 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−142,75 %	−36,17 %	4,42 %	8,65 %
Debt-to-Equity Ratio	−2,08	−3,08	−3,12	−3,31
Operating Profit Margin	64,67 %	57,65 %	26,83 %	11,28 %
Current Ratio	0,08	0,16	0,2	0,27
Quick Ratio	0,08	0,16	0,2	0,27
Equity Ratio	−0,38	−0,41	−0,44	−0,41
Gross Profit Margin	98,54 %	99,79 %	100,68 %	96,44 %