KOLVIKHAVET AS

6004 ÅLESUND

Finances

Return on Equity

−28,55 %

Current Ratio

3,74

Debt-to-Equity Ratio

−1,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	283 000	408 000	653 000	1 039 000
Net Income	320 000	−613 000	−327 000	−337 000
Total Assets	137 000	168 000	812 000	303 000
Total Equity	−1 121 000	−1 441 000	−828 000	−502 000

Income (NOK)	2022	2021	2020	2019
Revenue	283 000	408 000	653 000	1 039 000
Expenditure	163 000	646 000	1 028 000	1 376 000
Operating Profit	120 000	−237 000	−376 000	−337 000
Financial Income	200 000	75 000	50 000	0
Financial Costs	0	451 000	1 000	0
Financial Balance	200 000	−376 000	49 000	0
Earnings Before Tax	320 000	−613 000	−327 000	−337 000
Tax	0	0	0	0
Net Income	320 000	−613 000	−327 000	−337 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	10 000	460 000	110 000
Total Current Assets	127 000	158 000	352 000	193 000
Total Assets	137 000	168 000	812 000	303 000
Total Retained Equity	−1 221 000	−1 541 000	−928 000	−602 000
Total Equity	−1 121 000	−1 441 000	−828 000	−502 000
Total Long-Term Debt	1 224 000	1 169 000	1 035 000	0
Total Current Debt	34 000	441 000	605 000	804 000
Total Equity and Debt	137 000	168 000	812 000	303 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	283 000	408 000	653 000	1 039 000
Other Income	0	0	0	0
Revenue	283 000	408 000	653 000	1 039 000
Cost of Goods Sold	129 000	25 000	33 000	57 000
Salary Costs	10 000	448 000	834 000	1 107 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	163 000	646 000	1 028 000	1 376 000
Operating Profit	120 000	−237 000	−376 000	−337 000
Financial Income	200 000	75 000	50 000	0
Financial Costs	0	451 000	1 000	0
Financial Balance	200 000	−376 000	49 000	0
Dividends	0	0	0	0
Net Income	320 000	−613 000	−327 000	−337 000

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	10 000	10 000	460 000	110 000
Total Fixed Assets	10 000	10 000	460 000	110 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	91 000	77 000	88 000
Total Current Assets	127 000	158 000	352 000	193 000
Total Assets	137 000	168 000	812 000	303 000
Total Equity	−1 121 000	−1 441 000	−828 000	−502 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 224 000	1 169 000	1 035 000	0
Creditors	4 000	0	0	9 000
Unpaid Taxes	30 000	84 000	219 000	316 000
Dividends	0	0	0	0
Other Current Debt	0	356 000	386 000	479 000
Total Current Debt	34 000	441 000	605 000	804 000
Total Equity and Debt	137 000	168 000	812 000	303 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,55 %	42,54 %	39,49 %	67,13 %
Debt-to-Equity Ratio	−1,09	−0,81	−1,25	−0
Operating Profit Margin	42,4 %	−58,09 %	−57,58 %	−32,44 %
Current Ratio	3,74	0,36	0,58	0,24
Quick Ratio	3,74	0,36	0,58	0,24
Equity Ratio	−8,18	−8,58	−1,02	−1,66
Gross Profit Margin	54,42 %	93,87 %	94,95 %	94,51 %