ØYVIND T. KVINGE AS

1642 SALTNES

Finances

Share Ownership

Return on Equity

84,64 %

Current Ratio

0,53

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 922 000	2 307 000	1 967 000	1 227 000
Net Income	959 000	1 537 000	2 268 000	−1 313 000
Total Assets	1 611 000	4 975 000	3 798 000	3 101 000
Total Equity	1 133 000	175 000	2 537 000	270 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 922 000	2 307 000	1 967 000	1 227 000
Expenditure	550 000	385 000	−624 000	2 275 000
Operating Profit	1 372 000	1 922 000	2 592 000	−1 048 000
Financial Income	17 000	55 000	56 000	55 000
Financial Costs	125 000	5 000	8 000	330 000
Financial Balance	−108 000	50 000	48 000	−275 000
Earnings Before Tax	1 263 000	1 972 000	2 639 000	−1 323 000
Tax	305 000	435 000	371 000	−11 000
Net Income	959 000	1 537 000	2 268 000	−1 313 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 381 000	4 813 000	3 647 000	2 894 000
Total Current Assets	230 000	162 000	151 000	207 000
Total Assets	1 611 000	4 975 000	3 798 000	3 101 000
Total Retained Equity	1 033 000	75 000	2 437 000	170 000
Total Equity	1 133 000	175 000	2 537 000	270 000
Total Long-Term Debt	40 000	79 000	111 000	131 000
Total Current Debt	437 000	4 721 000	1 150 000	2 700 000
Total Equity and Debt	1 611 000	4 975 000	3 798 000	3 101 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 922 000	2 307 000	1 967 000	1 227 000
Other Income	0	0	0	0
Revenue	1 922 000	2 307 000	1 967 000	1 227 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	12 000
Depreciation	54 000	54 000	0	54 000
Impairment	0	0	0	0
Expenditure	550 000	385 000	−624 000	2 275 000
Operating Profit	1 372 000	1 922 000	2 592 000	−1 048 000
Financial Income	17 000	55 000	56 000	55 000
Financial Costs	125 000	5 000	8 000	330 000
Financial Balance	−108 000	50 000	48 000	−275 000
Dividends	0	3 900 000	0	700 000
Net Income	959 000	1 537 000	2 268 000	−1 313 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	104 000	157 000	211 000	211 000
Total Tangible Assets	104 000	157 000	211 000	211 000
Total Fiancial Fixed Assets	1 277 000	4 655 000	3 436 000	2 683 000
Total Fixed Assets	1 381 000	4 813 000	3 647 000	2 894 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	1 000	15 000	0
Total Current Assets	230 000	162 000	151 000	207 000
Total Assets	1 611 000	4 975 000	3 798 000	3 101 000
Total Equity	1 133 000	175 000	2 537 000	270 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 000	79 000	111 000	131 000
Creditors	26 000	0	585 000	1 846 000
Unpaid Taxes	0	0	12 000	12 000
Dividends	0	3 900 000	0	700 000
Other Current Debt	100 000	181 000	198 000	213 000
Total Current Debt	437 000	4 721 000	1 150 000	2 700 000
Total Equity and Debt	1 611 000	4 975 000	3 798 000	3 101 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,64 %	878,29 %	89,4 %	−486,3 %
Debt-to-Equity Ratio	0,04	0,45	0,04	0,49
Operating Profit Margin	71,38 %	83,31 %	131,77 %	−85,41 %
Current Ratio	0,53	0,03	0,13	0,08
Quick Ratio	0,53	0,03	0,13	0,08
Equity Ratio	0,7	0,04	0,67	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %