KVELSRUD GÅRD AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

37,86 %

Current Ratio

0,09

Debt-to-Equity Ratio

−1,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	905 000	688 000	577 000	552 000
Net Income	−4 775 000	−5 431 000	−3 046 000	−2 330 000
Total Assets	12 313 000	12 391 000	12 002 000	10 269 000
Total Equity	−12 612 000	−7 836 000	−2 405 000	641 000

Income (NOK)	2022	2021	2020	2019
Revenue	905 000	688 000	577 000	552 000
Expenditure	4 676 000	5 479 000	3 109 000	2 519 000
Operating Profit	−3 771 000	−4 791 000	−2 532 000	−1 967 000
Financial Income	7 000	8 000	8 000	8 000
Financial Costs	1 012 000	649 000	521 000	370 000
Financial Balance	−1 005 000	−641 000	−513 000	−362 000
Earnings Before Tax	−4 775 000	−5 431 000	−3 046 000	−2 330 000
Tax	0	0	0	0
Net Income	−4 775 000	−5 431 000	−3 046 000	−2 330 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 120 000	12 185 000	11 653 000	9 929 000
Total Current Assets	192 000	206 000	350 000	340 000
Total Assets	12 313 000	12 391 000	12 002 000	10 269 000
Total Retained Equity	−18 712 000	−13 936 000	−8 505 000	−5 459 000
Total Equity	−12 612 000	−7 836 000	−2 405 000	641 000
Total Long-Term Debt	22 857 000	18 723 000	12 974 000	9 025 000
Total Current Debt	2 067 000	1 504 000	1 434 000	603 000
Total Equity and Debt	12 313 000	12 391 000	12 002 000	10 269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	673 000	297 000	323 000	224 000
Other Income	232 000	390 000	254 000	328 000
Revenue	905 000	688 000	577 000	552 000
Cost of Goods Sold	69 000	94 000	62 000	137 000
Salary Costs	2 578 000	3 002 000	954 000	1 190 000
Depreciation	305 000	240 000	227 000	228 000
Impairment	0	0	0	0
Expenditure	4 676 000	5 479 000	3 109 000	2 519 000
Operating Profit	−3 771 000	−4 791 000	−2 532 000	−1 967 000
Financial Income	7 000	8 000	8 000	8 000
Financial Costs	1 012 000	649 000	521 000	370 000
Financial Balance	−1 005 000	−641 000	−513 000	−362 000
Dividends	0	0	0	0
Net Income	−4 775 000	−5 431 000	−3 046 000	−2 330 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 575 000	11 563 000	11 327 000	9 579 000
Machinery and Plant Facilities	545 000	621 000	323 000	339 000
Fixtures	0	0	2 000	10 000
Total Tangible Assets	12 120 000	12 185 000	11 653 000	9 929 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 120 000	12 185 000	11 653 000	9 929 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	100 000	56 000	39 000
Total Current Assets	192 000	206 000	350 000	340 000
Total Assets	12 313 000	12 391 000	12 002 000	10 269 000
Total Equity	−12 612 000	−7 836 000	−2 405 000	641 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 857 000	18 723 000	12 974 000	9 025 000
Creditors	1 502 000	963 000	1 208 000	506 000
Unpaid Taxes	64 000	193 000	92 000	44 000
Dividends	0	0	0	0
Other Current Debt	501 000	348 000	134 000	53 000
Total Current Debt	2 067 000	1 504 000	1 434 000	603 000
Total Equity and Debt	12 313 000	12 391 000	12 002 000	10 269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,86 %	69,31 %	126,65 %	−363,49 %
Debt-to-Equity Ratio	−1,81	−2,39	−5,39	14,08
Operating Profit Margin	−416,69 %	−696,37 %	−438,82 %	−356,34 %
Current Ratio	0,09	0,14	0,24	0,56
Quick Ratio	0,09	0,14	0,24	0,56
Equity Ratio	−1,02	−0,63	−0,2	0,06
Gross Profit Margin	92,38 %	86,34 %	89,25 %	75,18 %