LEGEKONTORET FOR SJØMENN T. KVALVIK AS

5515 HAUGESUND

Finances

Return on Equity

−28,32 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 578 000	3 308 000	3 205 000	3 231 000
Net Income	−113 000	63 000	134 000	−37 000
Total Assets	860 000	944 000	899 000	726 000
Total Equity	399 000	512 000	449 000	314 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 578 000	3 308 000	3 205 000	3 231 000
Expenditure	3 691 000	3 229 000	3 048 000	3 269 000
Operating Profit	−114 000	79 000	158 000	−38 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	1 000
Earnings Before Tax	−113 000	79 000	159 000	−37 000
Tax	0	16 000	24 000	0
Net Income	−113 000	63 000	134 000	−37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	29 000	34 000	39 000
Total Current Assets	836 000	915 000	864 000	688 000
Total Assets	860 000	944 000	899 000	726 000
Total Retained Equity	299 000	412 000	349 000	214 000
Total Equity	399 000	512 000	449 000	314 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	461 000	432 000	450 000	412 000
Total Equity and Debt	860 000	944 000	899 000	726 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 931 000	2 662 000	1 013 000	1 098 000
Other Income	647 000	646 000	2 193 000	2 133 000
Revenue	3 578 000	3 308 000	3 205 000	3 231 000
Cost of Goods Sold	48 000	77 000	117 000	38 000
Salary Costs	2 221 000	1 873 000	1 748 000	1 957 000
Depreciation	5 000	5 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	3 691 000	3 229 000	3 048 000	3 269 000
Operating Profit	−114 000	79 000	158 000	−38 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	1 000
Dividends	0	0	0	0
Net Income	−113 000	63 000	134 000	−37 000

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	24 000	29 000	34 000	39 000
Total Tangible Assets	24 000	29 000	34 000	39 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 000	29 000	34 000	39 000
Stock	0	0	0	0
Total Investments	33 000	33 000	33 000	33 000
Cash, Bank	715 000	788 000	783 000	565 000
Total Current Assets	836 000	915 000	864 000	688 000
Total Assets	860 000	944 000	899 000	726 000
Total Equity	399 000	512 000	449 000	314 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 000	8 000	0	43 000
Unpaid Taxes	74 000	69 000	70 000	61 000
Dividends	0	0	0	0
Other Current Debt	368 000	339 000	356 000	308 000
Total Current Debt	461 000	432 000	450 000	412 000
Total Equity and Debt	860 000	944 000	899 000	726 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,32 %	12,3 %	29,84 %	−11,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,19 %	2,39 %	4,93 %	−1,18 %
Current Ratio	1,81	2,12	1,92	1,67
Quick Ratio	1,81	2,12	1,92	1,67
Equity Ratio	0,46	0,54	0,5	0,43
Gross Profit Margin	98,66 %	97,67 %	96,35 %	98,82 %