KVARSVIK EIENDOM AS

6530 AVERØY

Finances

Share Ownership

Return on Equity

−7,09 %

Current Ratio

18,9

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	535 000	699 000	609 000	477 000
Net Income	−113 000	85 000	642 000	−172 000
Total Assets	2 405 000	2 789 000	2 931 000	2 468 000
Total Equity	1 593 000	1 706 000	1 770 000	1 427 000

Income (NOK)	2022	2021	2020	2019
Revenue	535 000	699 000	609 000	477 000
Expenditure	639 000	546 000	485 000	618 000
Operating Profit	−104 000	153 000	124 000	−141 000
Financial Income	0	0	580 000	0
Financial Costs	41 000	43 000	43 000	45 000
Financial Balance	−41 000	−43 000	537 000	−45 000
Earnings Before Tax	−144 000	109 000	661 000	−185 000
Tax	−32 000	24 000	19 000	−13 000
Net Income	−113 000	85 000	642 000	−172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	874 000	931 000	967 000	1 997 000
Total Current Assets	1 531 000	1 859 000	1 964 000	471 000
Total Assets	2 405 000	2 789 000	2 931 000	2 468 000
Total Retained Equity	1 342 000	1 455 000	1 519 000	1 176 000
Total Equity	1 593 000	1 706 000	1 770 000	1 427 000
Total Long-Term Debt	731 000	820 000	856 000	908 000
Total Current Debt	81 000	264 000	305 000	133 000
Total Equity and Debt	2 405 000	2 789 000	2 931 000	2 468 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	231 000	376 000	155 000	130 000
Other Income	304 000	322 000	454 000	347 000
Revenue	535 000	699 000	609 000	477 000
Cost of Goods Sold	169 000	164 000	53 000	83 000
Salary Costs	126 000	83 000	128 000	102 000
Depreciation	56 000	57 000	53 000	118 000
Impairment	0	0	0	0
Expenditure	639 000	546 000	485 000	618 000
Operating Profit	−104 000	153 000	124 000	−141 000
Financial Income	0	0	580 000	0
Financial Costs	41 000	43 000	43 000	45 000
Financial Balance	−41 000	−43 000	537 000	−45 000
Dividends	0	150 000	299 000	50 000
Net Income	−113 000	85 000	642 000	−172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	801 000	839 000	877 000	915 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	73 000	92 000	90 000	57 000
Total Tangible Assets	874 000	931 000	967 000	972 000
Total Fiancial Fixed Assets	0	0	0	1 025 000
Total Fixed Assets	874 000	931 000	967 000	1 997 000
Stock	247 000	228 000	178 000	155 000
Total Investments	0	0	0	0
Cash, Bank	870 000	1 172 000	240 000	294 000
Total Current Assets	1 531 000	1 859 000	1 964 000	471 000
Total Assets	2 405 000	2 789 000	2 931 000	2 468 000
Total Equity	1 593 000	1 706 000	1 770 000	1 427 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	731 000	820 000	856 000	908 000
Creditors	0	0	5 000	−1 000
Unpaid Taxes	43 000	46 000	46 000	21 000
Dividends	0	150 000	299 000	50 000
Other Current Debt	37 000	41 000	54 000	55 000
Total Current Debt	81 000	264 000	305 000	133 000
Total Equity and Debt	2 405 000	2 789 000	2 931 000	2 468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,09 %	4,98 %	36,27 %	−12,05 %
Debt-to-Equity Ratio	0,46	0,48	0,48	0,64
Operating Profit Margin	−19,44 %	21,89 %	20,36 %	−29,56 %
Current Ratio	18,9	7,04	6,44	3,54
Quick Ratio	−9,22	51,64	15,46	−21,41
Equity Ratio	0,66	0,61	0,6	0,58
Gross Profit Margin	68,41 %	76,54 %	91,3 %	82,6 %