T. KVERNSTRØM INVEST AS

0266 OSLO

Finances

Return on Equity

18,38 %

Current Ratio

222,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 334 000	1 937 000	1 128 000	80 000
Total Assets	7 284 000	7 533 000	6 781 000	8 400 000
Total Equity	7 259 000	5 926 000	5 589 000	5 556 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	73 000	52 000	110 000	49 000
Operating Profit	−73 000	−52 000	−110 000	−49 000
Financial Income	1 412 000	2 009 000	1 233 000	151 000
Financial Costs	5 000	20 000	5 000	7 000
Financial Balance	1 407 000	1 989 000	1 228 000	144 000
Earnings Before Tax	1 334 000	1 937 000	1 117 000	95 000
Tax	0	0	−11 000	15 000
Net Income	1 334 000	1 937 000	1 128 000	80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 718 000	718 000	718 000	718 000
Total Current Assets	5 567 000	6 816 000	6 063 000	7 682 000
Total Assets	7 284 000	7 533 000	6 781 000	8 400 000
Total Retained Equity	6 519 000	5 186 000	4 849 000	4 816 000
Total Equity	7 259 000	5 926 000	5 589 000	5 556 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	25 000	1 608 000	1 192 000	2 844 000
Total Equity and Debt	7 284 000	7 533 000	6 781 000	8 400 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	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	73 000	52 000	110 000	49 000
Operating Profit	−73 000	−52 000	−110 000	−49 000
Financial Income	1 412 000	2 009 000	1 233 000	151 000
Financial Costs	5 000	20 000	5 000	7 000
Financial Balance	1 407 000	1 989 000	1 228 000	144 000
Dividends	0	1 600 000	1 095 000	2 807 000
Net Income	1 334 000	1 937 000	1 128 000	80 000

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	218 000	218 000	218 000	218 000
Total Tangible Assets	218 000	218 000	218 000	218 000
Total Fiancial Fixed Assets	1 500 000	500 000	500 000	500 000
Total Fixed Assets	1 718 000	718 000	718 000	718 000
Stock	0	0	0	0
Total Investments	759 000	855 000	355 000	0
Cash, Bank	3 980 000	4 157 000	4 247 000	4 640 000
Total Current Assets	5 567 000	6 816 000	6 063 000	7 682 000
Total Assets	7 284 000	7 533 000	6 781 000	8 400 000
Total Equity	7 259 000	5 926 000	5 589 000	5 556 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	8 000	82 000	22 000
Unpaid Taxes	0	0	0	0
Dividends	0	1 600 000	1 095 000	2 807 000
Other Current Debt	25 000	0	0	0
Total Current Debt	25 000	1 608 000	1 192 000	2 844 000
Total Equity and Debt	7 284 000	7 533 000	6 781 000	8 400 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,38 %	32,69 %	20,18 %	1,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	222,68	4,24	5,09	2,7
Quick Ratio	222,68	4,24	5,09	2,7
Equity Ratio	1	0,79	0,82	0,66
Gross Profit Margin	-	-	-	-