KVASSNESVEGEN UTVIKLING AS

5225 NESTTUN

Finances

Share Ownership

Return on Equity

22,97 %

Current Ratio

0,71

Debt-to-Equity Ratio

−5,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	121 000	264 000	387 000
Net Income	−1 268 000	135 000	−753 000	977 000
Total Assets	27 567 000	26 920 000	23 733 000	22 924 000
Total Equity	−5 521 000	−4 253 000	−4 388 000	−3 635 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	121 000	264 000	387 000
Expenditure	78 000	−625 000	351 000	−1 412 000
Operating Profit	−78 000	746 000	−87 000	1 798 000
Financial Income	0	0	0	0
Financial Costs	1 190 000	612 000	666 000	821 000
Financial Balance	−1 190 000	−612 000	−666 000	−821 000
Earnings Before Tax	−1 268 000	135 000	−753 000	977 000
Tax	0	0	0	0
Net Income	−1 268 000	135 000	−753 000	977 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 515 000	26 841 000	23 322 000	22 520 000
Total Current Assets	52 000	79 000	411 000	404 000
Total Assets	27 567 000	26 920 000	23 733 000	22 924 000
Total Retained Equity	−11 621 000	−10 353 000	−10 488 000	−9 735 000
Total Equity	−5 521 000	−4 253 000	−4 388 000	−3 635 000
Total Long-Term Debt	33 016 000	30 924 000	27 351 000	26 416 000
Total Current Debt	73 000	249 000	770 000	144 000
Total Equity and Debt	27 567 000	26 920 000	23 733 000	22 924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	121 000	264 000	387 000
Revenue	0	121 000	264 000	387 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	138 000	138 000	138 000
Impairment	0	−2 017 000	0	−1 811 000
Expenditure	78 000	−625 000	351 000	−1 412 000
Operating Profit	−78 000	746 000	−87 000	1 798 000
Financial Income	0	0	0	0
Financial Costs	1 190 000	612 000	666 000	821 000
Financial Balance	−1 190 000	−612 000	−666 000	−821 000
Dividends	0	0	0	0
Net Income	−1 268 000	135 000	−753 000	977 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 515 000	26 841 000	23 322 000	22 520 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	27 515 000	26 841 000	23 322 000	22 520 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 515 000	26 841 000	23 322 000	22 520 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	32 000	52 000	123 000
Total Current Assets	52 000	79 000	411 000	404 000
Total Assets	27 567 000	26 920 000	23 733 000	22 924 000
Total Equity	−5 521 000	−4 253 000	−4 388 000	−3 635 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 016 000	30 924 000	27 351 000	26 416 000
Creditors	26 000	221 000	129 000	99 000
Unpaid Taxes	0	0	8 000	0
Dividends	0	0	0	0
Other Current Debt	47 000	28 000	633 000	45 000
Total Current Debt	73 000	249 000	770 000	144 000
Total Equity and Debt	27 567 000	26 920 000	23 733 000	22 924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,97 %	−3,17 %	17,16 %	−26,88 %
Debt-to-Equity Ratio	−5,98	−7,27	−6,23	−7,27
Operating Profit Margin	-	616,53 %	−32,95 %	464,6 %
Current Ratio	0,71	0,32	0,53	2,81
Quick Ratio	0,71	0,32	0,53	2,81
Equity Ratio	−0,2	−0,16	−0,18	−0,16
Gross Profit Margin	-	100 %	100 %	100 %