KVARBERG HOLDING AS

2380 BRUMUNDDAL

Finances

Return on Equity

56,68 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	159 684 000	124 620 000	1 220 000	1 220 000
Net Income	13 218 000	8 535 000	1 229 000	916 000
Total Assets	66 512 000	68 777 000	11 385 000	11 463 000
Total Equity	23 322 000	17 054 000	11 385 000	11 157 000

Income (NOK)	2022	2021	2020	2019
Revenue	159 684 000	124 620 000	1 220 000	1 220 000
Expenditure	154 203 000	114 101 000	2 000	285 000
Operating Profit	5 481 000	10 521 000	1 218 000	935 000
Financial Income	9 562 000	814 000	11 000	5 000
Financial Costs	764 000	691 000	0	24 000
Financial Balance	8 798 000	123 000	11 000	−19 000
Earnings Before Tax	14 279 000	10 643 000	1 229 000	916 000
Tax	1 061 000	2 108 000	0	0
Net Income	13 218 000	8 535 000	1 229 000	916 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 769 000	25 294 000	9 448 000	9 448 000
Total Current Assets	48 744 000	43 483 000	1 938 000	2 016 000
Total Assets	66 512 000	68 777 000	11 385 000	11 463 000
Total Retained Equity	10 348 000	16 914 000	11 245 000	11 017 000
Total Equity	23 322 000	17 054 000	11 385 000	11 157 000
Total Long-Term Debt	12 150 000	20 200 000	0	300 000
Total Current Debt	31 040 000	31 522 000	0	7 000
Total Equity and Debt	66 512 000	68 777 000	11 385 000	11 463 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	158 661 000	122 361 000	0	0
Other Income	1 023 000	2 259 000	1 220 000	1 220 000
Revenue	159 684 000	124 620 000	1 220 000	1 220 000
Cost of Goods Sold	73 416 000	48 016 000	0	0
Salary Costs	55 512 000	49 297 000	0	0
Depreciation	1 747 000	1 624 000	0	275 000
Impairment	0	0	0	0
Expenditure	154 203 000	114 101 000	2 000	285 000
Operating Profit	5 481 000	10 521 000	1 218 000	935 000
Financial Income	9 562 000	814 000	11 000	5 000
Financial Costs	764 000	691 000	0	24 000
Financial Balance	8 798 000	123 000	11 000	−19 000
Dividends	0	0	0	0
Net Income	13 218 000	8 535 000	1 229 000	916 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	524 000	287 000	0	0
Real Eastate	12 643 000	17 457 000	0	0
Machinery and Plant Facilities	65 000	17 000	0	0
Fixtures	2 449 000	2 189 000	0	0
Total Tangible Assets	15 156 000	19 663 000	0	0
Total Fiancial Fixed Assets	2 089 000	5 344 000	9 448 000	9 448 000
Total Fixed Assets	17 769 000	25 294 000	9 448 000	9 448 000
Stock	7 939 000	8 284 000	0	0
Total Investments	0	0	0	0
Cash, Bank	5 338 000	17 925 000	557 000	591 000
Total Current Assets	48 744 000	43 483 000	1 938 000	2 016 000
Total Assets	66 512 000	68 777 000	11 385 000	11 463 000
Total Equity	23 322 000	17 054 000	11 385 000	11 157 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 150 000	20 200 000	0	300 000
Creditors	12 835 000	7 133 000	0	0
Unpaid Taxes	5 091 000	5 252 000	0	0
Dividends	0	0	0	0
Other Current Debt	11 881 000	9 780 000	0	7 000
Total Current Debt	31 040 000	31 522 000	0	7 000
Total Equity and Debt	66 512 000	68 777 000	11 385 000	11 463 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,68 %	50,05 %	10,79 %	8,21 %
Debt-to-Equity Ratio	0,52	1,18	0	0,03
Operating Profit Margin	3,43 %	8,44 %	99,84 %	76,64 %
Current Ratio	1,57	1,38	-	288
Quick Ratio	2,11	1,87	-	288
Equity Ratio	0,35	0,25	1	0,97
Gross Profit Margin	54,02 %	61,47 %	100 %	100 %