KVANVIK HOLDING AS

2335 STANGE

Finances

Return on Equity

80,14 %

Current Ratio

4 597

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	165 000	0	0
Net Income	3 675 000	−240 000	−6 253 000	7 530 000
Total Assets	4 597 000	1 826 000	2 683 000	12 062 000
Total Equity	4 586 000	911 000	2 011 000	10 542 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	165 000	0	0
Expenditure	90 000	88 000	556 000	978 000
Operating Profit	−90 000	77 000	−556 000	−977 000
Financial Income	3 951 000	345 000	134 000	9 944 000
Financial Costs	188 000	18 000	5 942 000	133 000
Financial Balance	3 763 000	327 000	−5 808 000	9 811 000
Earnings Before Tax	3 672 000	404 000	−6 363 000	8 833 000
Tax	−2 000	644 000	−110 000	1 303 000
Net Income	3 675 000	−240 000	−6 253 000	7 530 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	259 000	1 664 000
Total Current Assets	4 597 000	1 826 000	2 424 000	10 398 000
Total Assets	4 597 000	1 826 000	2 683 000	12 062 000
Total Retained Equity	4 486 000	811 000	1 911 000	10 442 000
Total Equity	4 586 000	911 000	2 011 000	10 542 000
Total Long-Term Debt	10 000	236 000	658 000	0
Total Current Debt	1 000	679 000	14 000	1 521 000
Total Equity and Debt	4 597 000	1 826 000	2 683 000	12 062 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	165 000	0	0
Revenue	0	165 000	0	0
Cost of Goods Sold	0	0	254 000	0
Salary Costs	0	0	8 000	18 000
Depreciation	0	0	18 000	90 000
Impairment	0	0	0	0
Expenditure	90 000	88 000	556 000	978 000
Operating Profit	−90 000	77 000	−556 000	−977 000
Financial Income	3 951 000	345 000	134 000	9 944 000
Financial Costs	188 000	18 000	5 942 000	133 000
Financial Balance	3 763 000	327 000	−5 808 000	9 811 000
Dividends	0	0	1 948 000	2 102 000
Net Income	3 675 000	−240 000	−6 253 000	7 530 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	259 000	148 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	18 000
Total Tangible Assets	0	0	0	18 000
Total Fiancial Fixed Assets	0	0	0	1 498 000
Total Fixed Assets	0	0	259 000	1 664 000
Stock	0	0	0	254 000
Total Investments	714 000	897 000	1 062 000	0
Cash, Bank	3 586 000	541 000	1 289 000	10 129 000
Total Current Assets	4 597 000	1 826 000	2 424 000	10 398 000
Total Assets	4 597 000	1 826 000	2 683 000	12 062 000
Total Equity	4 586 000	911 000	2 011 000	10 542 000
Short-Term Group Debt	0	312 000	0	0
Total Long-Term Debt	10 000	236 000	658 000	0
Creditors	1 000	0	14 000	14 000
Unpaid Taxes	0	0	0	5 000
Dividends	0	0	1 948 000	2 102 000
Other Current Debt	0	0	0	2 000
Total Current Debt	1 000	679 000	14 000	1 521 000
Total Equity and Debt	4 597 000	1 826 000	2 683 000	12 062 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,14 %	−26,34 %	−310,94 %	71,43 %
Debt-to-Equity Ratio	0	0,26	0,33	0
Operating Profit Margin	-	46,67 %	-	-
Current Ratio	4 597	2,69	173,14	6,84
Quick Ratio	4 597	2,69	173,14	8,21
Equity Ratio	1	0,5	0,75	0,87
Gross Profit Margin	-	100 %	-	-