KVANDE-JENSEN AS

8150 ØRNES

Finances

Return on Equity

−5,24 %

Current Ratio

1,36

Debt-to-Equity Ratio

1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 131 000	1 442 000	1 387 000	205 000
Net Income	−209 000	55 000	267 000	−344 000
Total Assets	11 325 000	11 763 000	12 240 000	12 514 000
Total Equity	3 985 000	4 195 000	4 140 000	3 873 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 131 000	1 442 000	1 387 000	205 000
Expenditure	1 935 000	938 000	1 128 000	390 000
Operating Profit	196 000	504 000	259 000	−185 000
Financial Income	0	0	633 000	32 000
Financial Costs	405 000	449 000	626 000	191 000
Financial Balance	−405 000	−449 000	7 000	−159 000
Earnings Before Tax	−209 000	55 000	267 000	−344 000
Tax	0	0	0	0
Net Income	−209 000	55 000	267 000	−344 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 279 000	10 143 000	10 734 000	11 359 000
Total Current Assets	1 046 000	1 619 000	1 506 000	1 155 000
Total Assets	11 325 000	11 763 000	12 240 000	12 514 000
Total Retained Equity	3 838 000	4 048 000	3 993 000	3 726 000
Total Equity	3 985 000	4 195 000	4 140 000	3 873 000
Total Long-Term Debt	6 572 000	6 959 000	7 346 000	7 742 000
Total Current Debt	767 000	609 000	755 000	899 000
Total Equity and Debt	11 325 000	11 763 000	12 240 000	12 514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	7 000
Other Income	2 131 000	1 442 000	1 387 000	198 000
Revenue	2 131 000	1 442 000	1 387 000	205 000
Cost of Goods Sold	0	5 000	0	0
Salary Costs	0	0	0	0
Depreciation	556 000	555 000	556 000	136 000
Impairment	0	0	0	0
Expenditure	1 935 000	938 000	1 128 000	390 000
Operating Profit	196 000	504 000	259 000	−185 000
Financial Income	0	0	633 000	32 000
Financial Costs	405 000	449 000	626 000	191 000
Financial Balance	−405 000	−449 000	7 000	−159 000
Dividends	0	0	0	0
Net Income	−209 000	55 000	267 000	−344 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 224 000	8 885 000	9 176 000	9 404 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	426 000	630 000	833 000	975 000
Total Tangible Assets	9 650 000	9 515 000	10 009 000	10 379 000
Total Fiancial Fixed Assets	629 000	629 000	725 000	980 000
Total Fixed Assets	10 279 000	10 143 000	10 734 000	11 359 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	214 000	926 000	693 000	304 000
Total Current Assets	1 046 000	1 619 000	1 506 000	1 155 000
Total Assets	11 325 000	11 763 000	12 240 000	12 514 000
Total Equity	3 985 000	4 195 000	4 140 000	3 873 000
Short-Term Group Debt	543 000	512 000	695 000	0
Total Long-Term Debt	6 572 000	6 959 000	7 346 000	7 742 000
Creditors	1 000	−14 000	14 000	899 000
Unpaid Taxes	26 000	84 000	31 000	0
Dividends	0	0	0	0
Other Current Debt	198 000	27 000	16 000	0
Total Current Debt	767 000	609 000	755 000	899 000
Total Equity and Debt	11 325 000	11 763 000	12 240 000	12 514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,24 %	1,31 %	6,45 %	−8,88 %
Debt-to-Equity Ratio	1,65	1,66	1,77	2
Operating Profit Margin	9,2 %	34,95 %	18,67 %	−90,24 %
Current Ratio	1,36	2,66	1,99	1,28
Quick Ratio	1,36	2,66	1,99	1,28
Equity Ratio	0,35	0,36	0,34	0,31
Gross Profit Margin	100 %	99,65 %	100 %	100 %