KVALE 1 AS

2212 KONGSVINGER

Finances

Share Ownership

Return on Equity

16,83 %

Current Ratio

1,64

Debt-to-Equity Ratio

3,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 144 000	1 076 000	854 000	545 000
Net Income	327 000	445 000	312 000	275 000
Total Assets	9 642 000	10 354 000	12 579 000	5 049 000
Total Equity	1 943 000	1 616 000	1 170 000	858 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 144 000	1 076 000	854 000	545 000
Expenditure	709 000	508 000	485 000	199 000
Operating Profit	435 000	568 000	369 000	346 000
Financial Income	1 000	1 000	5 000	5 000
Financial Costs	0	36 000	0	0
Financial Balance	1 000	−35 000	5 000	5 000
Earnings Before Tax	436 000	533 000	373 000	351 000
Tax	109 000	88 000	61 000	76 000
Net Income	327 000	445 000	312 000	275 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 406 000	9 942 000	9 288 000	4 323 000
Total Current Assets	236 000	412 000	3 291 000	727 000
Total Assets	9 642 000	10 354 000	12 579 000	5 049 000
Total Retained Equity	1 843 000	1 516 000	1 070 000	758 000
Total Equity	1 943 000	1 616 000	1 170 000	858 000
Total Long-Term Debt	7 555 000	8 605 000	10 610 000	2 850 000
Total Current Debt	144 000	133 000	799 000	1 341 000
Total Equity and Debt	9 642 000	10 354 000	12 579 000	5 049 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 000	0	0
Other Income	1 144 000	1 073 000	854 000	545 000
Revenue	1 144 000	1 076 000	854 000	545 000
Cost of Goods Sold	0	0	0	0
Salary Costs	51 000	0	0	0
Depreciation	554 000	432 000	367 000	149 000
Impairment	0	0	0	0
Expenditure	709 000	508 000	485 000	199 000
Operating Profit	435 000	568 000	369 000	346 000
Financial Income	1 000	1 000	5 000	5 000
Financial Costs	0	36 000	0	0
Financial Balance	1 000	−35 000	5 000	5 000
Dividends	0	0	0	0
Net Income	327 000	445 000	312 000	275 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 549 000	8 883 000	8 928 000	4 274 000
Machinery and Plant Facilities	302 000	0	0	0
Fixtures	538 000	1 059 000	360 000	48 000
Total Tangible Assets	9 406 000	9 942 000	9 288 000	4 323 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 406 000	9 942 000	9 288 000	4 323 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	228 000	410 000	1 829 000	469 000
Total Current Assets	236 000	412 000	3 291 000	727 000
Total Assets	9 642 000	10 354 000	12 579 000	5 049 000
Total Equity	1 943 000	1 616 000	1 170 000	858 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 555 000	8 605 000	10 610 000	2 850 000
Creditors	8 000	24 000	727 000	1 263 000
Unpaid Taxes	16 000	15 000	0	2 000
Dividends	0	0	0	0
Other Current Debt	11 000	7 000	10 000	0
Total Current Debt	144 000	133 000	799 000	1 341 000
Total Equity and Debt	9 642 000	10 354 000	12 579 000	5 049 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,83 %	27,54 %	26,67 %	32,05 %
Debt-to-Equity Ratio	3,89	5,32	9,07	3,32
Operating Profit Margin	38,02 %	52,79 %	43,21 %	63,49 %
Current Ratio	1,64	3,1	4,12	0,54
Quick Ratio	1,64	3,1	4,12	0,54
Equity Ratio	0,2	0,16	0,09	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %