KVÅL NÆRINGSPARK AS

4012 STAVANGER

Finances

Share Ownership

Return on Equity

12,83 %

Current Ratio

1,09

Debt-to-Equity Ratio

−5,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 919 000	6 316 000	5 878 000	9 058 000
Net Income	−3 172 000	−4 319 000	−5 157 000	−2 567 000
Total Assets	131 005 000	136 510 000	128 796 000	130 928 000
Total Equity	−24 722 000	−25 105 000	−27 745 000	−22 588 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 919 000	6 316 000	5 878 000	9 058 000
Expenditure	6 145 000	7 083 000	7 344 000	6 553 000
Operating Profit	1 774 000	−766 000	−1 467 000	2 506 000
Financial Income	9 000	36 000	43 000	97 000
Financial Costs	5 849 000	4 807 000	5 187 000	5 894 000
Financial Balance	−5 840 000	−4 771 000	−5 144 000	−5 797 000
Earnings Before Tax	−4 067 000	−5 538 000	−6 612 000	−3 291 000
Tax	−895 000	−1 218 000	−1 455 000	−724 000
Net Income	−3 172 000	−4 319 000	−5 157 000	−2 567 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	121 755 000	123 278 000	126 355 000	126 683 000
Total Current Assets	9 251 000	13 233 000	2 440 000	4 245 000
Total Assets	131 005 000	136 510 000	128 796 000	130 928 000
Total Retained Equity	−44 822 000	−45 205 000	−47 845 000	−42 688 000
Total Equity	−24 722 000	−25 105 000	−27 745 000	−22 588 000
Total Long-Term Debt	147 230 000	0	140 866 000	140 866 000
Total Current Debt	8 497 000	161 615 000	15 675 000	12 650 000
Total Equity and Debt	131 005 000	136 510 000	128 796 000	130 928 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 919 000	6 316 000	5 878 000	9 058 000
Other Income	0	0	0	0
Revenue	7 919 000	6 316 000	5 878 000	9 058 000
Cost of Goods Sold	0	0	0	0
Salary Costs	46 000	42 000	43 000	44 000
Depreciation	3 360 000	3 969 000	4 425 000	4 514 000
Impairment	0	0	0	0
Expenditure	6 145 000	7 083 000	7 344 000	6 553 000
Operating Profit	1 774 000	−766 000	−1 467 000	2 506 000
Financial Income	9 000	36 000	43 000	97 000
Financial Costs	5 849 000	4 807 000	5 187 000	5 894 000
Financial Balance	−5 840 000	−4 771 000	−5 144 000	−5 797 000
Dividends	0	0	0	0
Net Income	−3 172 000	−4 319 000	−5 157 000	−2 567 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 925 000	14 033 000	14 778 000	13 323 000
Real Eastate	107 150 000	109 206 000	111 312 000	112 900 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	681 000	40 000	266 000	460 000
Total Tangible Assets	107 830 000	109 245 000	111 578 000	113 360 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	121 755 000	123 278 000	126 355 000	126 683 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 531 000	2 689 000	572 000	1 571 000
Total Current Assets	9 251 000	13 233 000	2 440 000	4 245 000
Total Assets	131 005 000	136 510 000	128 796 000	130 928 000
Total Equity	−24 722 000	−25 105 000	−27 745 000	−22 588 000
Short-Term Group Debt	0	29 566 000	0	0
Total Long-Term Debt	147 230 000	0	140 866 000	140 866 000
Creditors	440 000	192 000	529 000	400 000
Unpaid Taxes	606 000	377 000	379 000	465 000
Dividends	0	0	0	0
Other Current Debt	7 451 000	20 180 000	14 768 000	11 785 000
Total Current Debt	8 497 000	161 615 000	15 675 000	12 650 000
Total Equity and Debt	131 005 000	136 510 000	128 796 000	130 928 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,83 %	17,2 %	18,59 %	11,36 %
Debt-to-Equity Ratio	−5,96	−0	−5,08	−6,24
Operating Profit Margin	22,4 %	−12,13 %	−24,96 %	27,67 %
Current Ratio	1,09	0,08	0,16	0,34
Quick Ratio	1,09	0,08	0,16	0,34
Equity Ratio	−0,19	−0,18	−0,22	−0,17
Gross Profit Margin	100 %	100 %	100 %	100 %