KVANDE & NORDVIK EIENDOM AS

6640 KVANNE

Finances

Return on Equity

6,32 %

Current Ratio

19,12

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	270 000	270 000	270 000	270 000
Net Income	254 000	−55 000	−14 000	−39 000
Total Assets	4 597 000	4 627 000	5 062 000	5 287 000
Total Equity	4 020 000	3 766 000	3 821 000	3 836 000

Income (NOK)	2022	2021	2020	2019
Revenue	270 000	270 000	270 000	270 000
Expenditure	357 000	322 000	426 000	292 000
Operating Profit	−87 000	−52 000	−156 000	−22 000
Financial Income	369 000	20 000	23 000	38 000
Financial Costs	27 000	23 000	−119 000	55 000
Financial Balance	342 000	−3 000	142 000	−17 000
Earnings Before Tax	254 000	−55 000	−14 000	−39 000
Tax	0	0	0	0
Net Income	254 000	−55 000	−14 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 162 000	3 381 000	3 601 000	3 621 000
Total Current Assets	1 434 000	1 247 000	1 460 000	1 667 000
Total Assets	4 597 000	4 627 000	5 062 000	5 287 000
Total Retained Equity	3 020 000	2 766 000	2 821 000	2 836 000
Total Equity	4 020 000	3 766 000	3 821 000	3 836 000
Total Long-Term Debt	502 000	778 000	1 088 000	1 402 000
Total Current Debt	75 000	83 000	152 000	50 000
Total Equity and Debt	4 597 000	4 627 000	5 062 000	5 287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	270 000	270 000	270 000	270 000
Revenue	270 000	270 000	270 000	270 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	218 000	221 000	216 000	211 000
Impairment	0	0	0	0
Expenditure	357 000	322 000	426 000	292 000
Operating Profit	−87 000	−52 000	−156 000	−22 000
Financial Income	369 000	20 000	23 000	38 000
Financial Costs	27 000	23 000	−119 000	55 000
Financial Balance	342 000	−3 000	142 000	−17 000
Dividends	0	0	0	0
Net Income	254 000	−55 000	−14 000	−39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 062 000	2 281 000	2 501 000	2 674 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 062 000	2 281 000	2 501 000	2 674 000
Total Fiancial Fixed Assets	1 100 000	1 100 000	1 100 000	947 000
Total Fixed Assets	3 162 000	3 381 000	3 601 000	3 621 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 065 000	1 200 000	1 451 000	1 659 000
Total Current Assets	1 434 000	1 247 000	1 460 000	1 667 000
Total Assets	4 597 000	4 627 000	5 062 000	5 287 000
Total Equity	4 020 000	3 766 000	3 821 000	3 836 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	502 000	778 000	1 088 000	1 402 000
Creditors	1 000	0	108 000	14 000
Unpaid Taxes	47 000	56 000	19 000	16 000
Dividends	0	0	0	0
Other Current Debt	27 000	27 000	25 000	20 000
Total Current Debt	75 000	83 000	152 000	50 000
Total Equity and Debt	4 597 000	4 627 000	5 062 000	5 287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,32 %	−1,46 %	−0,37 %	−1,02 %
Debt-to-Equity Ratio	0,12	0,21	0,28	0,37
Operating Profit Margin	−32,22 %	−19,26 %	−57,78 %	−8,15 %
Current Ratio	19,12	15,02	9,61	33,34
Quick Ratio	19,12	15,02	9,61	33,34
Equity Ratio	0,87	0,81	0,75	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %