KVARBERG AS

2365 ÅSMARKA

Finances

Return on Equity

−42,75 %

Current Ratio

0,75

Debt-to-Equity Ratio

−1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 754 000	41 274 000	38 782 000	37 998 000
Net Income	554 000	−1 850 000	−279 000	−4 152 000
Total Assets	11 570 000	12 689 000	15 813 000	13 558 000
Total Equity	−1 296 000	−1 850 000	0	279 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 754 000	41 274 000	38 782 000	37 998 000
Expenditure	38 788 000	43 510 000	38 925 000	43 037 000
Operating Profit	966 000	−2 237 000	−143 000	−5 039 000
Financial Income	5 000	126 000	13 000	38 000
Financial Costs	262 000	262 000	227 000	318 000
Financial Balance	−257 000	−136 000	−214 000	−280 000
Earnings Before Tax	710 000	−2 372 000	−357 000	−5 320 000
Tax	156 000	−522 000	−79 000	−1 168 000
Net Income	554 000	−1 850 000	−279 000	−4 152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 852 000	3 720 000	3 769 000	4 396 000
Total Current Assets	8 718 000	8 969 000	12 043 000	9 162 000
Total Assets	11 570 000	12 689 000	15 813 000	13 558 000
Total Retained Equity	−1 373 000	−1 927 000	−77 000	202 000
Total Equity	−1 296 000	−1 850 000	0	279 000
Total Long-Term Debt	1 315 000	2 877 000	5 731 000	3 649 000
Total Current Debt	11 551 000	11 661 000	10 082 000	9 630 000
Total Equity and Debt	11 570 000	12 689 000	15 813 000	13 558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 831 000	41 122 000	38 708 000	37 880 000
Other Income	923 000	152 000	74 000	118 000
Revenue	39 754 000	41 274 000	38 782 000	37 998 000
Cost of Goods Sold	11 238 000	14 625 000	12 760 000	11 161 000
Salary Costs	12 712 000	12 915 000	13 080 000	14 665 000
Depreciation	464 000	637 000	664 000	622 000
Impairment	0	0	0	0
Expenditure	38 788 000	43 510 000	38 925 000	43 037 000
Operating Profit	966 000	−2 237 000	−143 000	−5 039 000
Financial Income	5 000	126 000	13 000	38 000
Financial Costs	262 000	262 000	227 000	318 000
Financial Balance	−257 000	−136 000	−214 000	−280 000
Dividends	0	0	0	0
Net Income	554 000	−1 850 000	−279 000	−4 152 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 957 000	2 113 000	1 591 000	1 513 000
Real Eastate	317 000	398 000	355 000	388 000
Machinery and Plant Facilities	204 000	363 000	404 000	1 107 000
Fixtures	368 000	652 000	945 000	593 000
Total Tangible Assets	889 000	1 413 000	1 704 000	2 087 000
Total Fiancial Fixed Assets	7 000	194 000	474 000	795 000
Total Fixed Assets	2 852 000	3 720 000	3 769 000	4 396 000
Stock	214 000	297 000	67 000	180 000
Total Investments	0	0	0	0
Cash, Bank	147 000	429 000	452 000	502 000
Total Current Assets	8 718 000	8 969 000	12 043 000	9 162 000
Total Assets	11 570 000	12 689 000	15 813 000	13 558 000
Total Equity	−1 296 000	−1 850 000	0	279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 315 000	2 877 000	5 731 000	3 649 000
Creditors	4 597 000	6 032 000	3 960 000	3 876 000
Unpaid Taxes	2 238 000	2 834 000	2 844 000	1 711 000
Dividends	0	0	0	0
Other Current Debt	4 281 000	2 401 000	3 480 000	3 298 000
Total Current Debt	11 551 000	11 661 000	10 082 000	9 630 000
Total Equity and Debt	11 570 000	12 689 000	15 813 000	13 558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,75 %	100 %	-	−1 488,17 %
Debt-to-Equity Ratio	−1,01	−1,56	-	13,08
Operating Profit Margin	2,43 %	−5,42 %	−0,37 %	−13,26 %
Current Ratio	0,75	0,77	1,19	0,95
Quick Ratio	0,77	0,79	1,2	0,97
Equity Ratio	−0,11	−0,15	0	0,02
Gross Profit Margin	71,73 %	64,57 %	67,1 %	70,63 %