KVASSNESVEGEN 33 AS

5914 ISDALSTØ

Finances

Share Ownership

Return on Equity

−6,18 %

Current Ratio

97,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	679 000	1 445 000	1 394 000	1 183 000
Net Income	−420 000	238 000	119 000	239 000
Total Assets	6 887 000	7 647 000	7 966 000	9 819 000
Total Equity	6 800 000	7 220 000	6 981 000	6 863 000

Income (NOK)	2022	2021	2020	2019
Revenue	679 000	1 445 000	1 394 000	1 183 000
Expenditure	673 000	1 119 000	1 199 000	866 000
Operating Profit	7 000	326 000	195 000	317 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	6 000	20 000	44 000	69 000
Financial Balance	−4 000	−20 000	−43 000	−67 000
Earnings Before Tax	2 000	306 000	152 000	249 000
Tax	422 000	68 000	33 000	10 000
Net Income	−420 000	238 000	119 000	239 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	252 000	5 718 000	5 807 000	5 964 000
Total Current Assets	6 635 000	1 929 000	2 159 000	3 856 000
Total Assets	6 887 000	7 647 000	7 966 000	9 819 000
Total Retained Equity	−1 300 000	−880 000	−1 119 000	−1 237 000
Total Equity	6 800 000	7 220 000	6 981 000	6 863 000
Total Long-Term Debt	19 000	274 000	875 000	1 475 000
Total Current Debt	68 000	153 000	110 000	1 481 000
Total Equity and Debt	6 887 000	7 647 000	7 966 000	9 819 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	679 000	1 445 000	1 394 000	1 183 000
Other Income	0	0	0	0
Revenue	679 000	1 445 000	1 394 000	1 183 000
Cost of Goods Sold	361 000	658 000	574 000	122 000
Salary Costs	0	0	0	0
Depreciation	0	138 000	270 000	270 000
Impairment	0	0	0	0
Expenditure	673 000	1 119 000	1 199 000	866 000
Operating Profit	7 000	326 000	195 000	317 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	6 000	20 000	44 000	69 000
Financial Balance	−4 000	−20 000	−43 000	−67 000
Dividends	0	0	0	0
Net Income	−420 000	238 000	119 000	239 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	417 000	441 000	388 000
Real Eastate	0	5 301 000	5 367 000	5 575 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	5 301 000	5 367 000	5 575 000
Total Fiancial Fixed Assets	252 000	0	0	0
Total Fixed Assets	252 000	5 718 000	5 807 000	5 964 000
Stock	6 609 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	1 200 000	1 332 000	2 771 000
Total Current Assets	6 635 000	1 929 000	2 159 000	3 856 000
Total Assets	6 887 000	7 647 000	7 966 000	9 819 000
Total Equity	6 800 000	7 220 000	6 981 000	6 863 000
Short-Term Group Debt	0	0	0	1 184 000
Total Long-Term Debt	19 000	274 000	875 000	1 475 000
Creditors	63 000	102 000	24 000	99 000
Unpaid Taxes	0	7 000	0	31 000
Dividends	0	0	0	0
Other Current Debt	0	1 000	1 000	168 000
Total Current Debt	68 000	153 000	110 000	1 481 000
Total Equity and Debt	6 887 000	7 647 000	7 966 000	9 819 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,18 %	3,3 %	1,7 %	3,48 %
Debt-to-Equity Ratio	0	0,04	0,13	0,21
Operating Profit Margin	1,03 %	22,56 %	13,99 %	26,8 %
Current Ratio	97,57	12,61	19,63	2,6
Quick Ratio	−1,01	12,61	19,63	2,6
Equity Ratio	0,99	0,94	0,88	0,7
Gross Profit Margin	46,83 %	54,46 %	58,82 %	89,69 %