KVARSTEIN AS

1406 SKI

Finances

Return on Equity

8,36 %

Current Ratio

1 035,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	240 000	0
Net Income	1 235 000	1 936 000	1 147 000	2 811 000
Total Assets	14 784 000	13 549 000	14 688 000	13 476 000
Total Equity	14 772 000	13 536 000	13 600 000	13 453 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	240 000	0
Expenditure	58 000	36 000	29 000	30 000
Operating Profit	−58 000	−36 000	211 000	−30 000
Financial Income	1 604 000	1 465 000	469 000	2 869 000
Financial Costs	305 000	−534 000	−530 000	0
Financial Balance	1 299 000	1 999 000	999 000	2 869 000
Earnings Before Tax	1 241 000	1 963 000	1 210 000	2 839 000
Tax	5 000	27 000	64 000	28 000
Net Income	1 235 000	1 936 000	1 147 000	2 811 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 363 000	2 363 000	2 363 000	2 363 000
Total Current Assets	12 421 000	11 186 000	12 325 000	11 113 000
Total Assets	14 784 000	13 549 000	14 688 000	13 476 000
Total Retained Equity	14 453 000	13 217 000	13 281 000	13 135 000
Total Equity	14 772 000	13 536 000	13 600 000	13 453 000
Total Long-Term Debt	0	5 000	0	0
Total Current Debt	12 000	7 000	1 088 000	22 000
Total Equity and Debt	14 784 000	13 549 000	14 688 000	13 476 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	240 000	0
Other Income	0	0	0	0
Revenue	0	0	240 000	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	58 000	36 000	29 000	30 000
Operating Profit	−58 000	−36 000	211 000	−30 000
Financial Income	1 604 000	1 465 000	469 000	2 869 000
Financial Costs	305 000	−534 000	−530 000	0
Financial Balance	1 299 000	1 999 000	999 000	2 869 000
Dividends	0	0	1 000 000	0
Net Income	1 235 000	1 936 000	1 147 000	2 811 000

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	2 363 000	2 363 000	2 363 000	2 363 000
Total Fixed Assets	2 363 000	2 363 000	2 363 000	2 363 000
Stock	0	0	0	0
Total Investments	3 560 000	3 529 000	2 535 000	2 440 000
Cash, Bank	7 467 000	6 540 000	8 050 000	6 851 000
Total Current Assets	12 421 000	11 186 000	12 325 000	11 113 000
Total Assets	14 784 000	13 549 000	14 688 000	13 476 000
Total Equity	14 772 000	13 536 000	13 600 000	13 453 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	30 000	0
Dividends	0	0	1 000 000	0
Other Current Debt	10 000	0	0	0
Total Current Debt	12 000	7 000	1 088 000	22 000
Total Equity and Debt	14 784 000	13 549 000	14 688 000	13 476 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,36 %	14,3 %	8,43 %	20,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	87,92 %	-
Current Ratio	1 035,08	1 598	11,33	505,14
Quick Ratio	1 035,08	1 598	11,33	505,14
Equity Ratio	1	1	0,93	1
Gross Profit Margin	-	-	100 %	-