KVADRAT AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

−344,44 %

Current Ratio

1,26

Debt-to-Equity Ratio

1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 139 000	1 810 000	25 848 000	13 306 000
Net Income	−1 643 000	−1 060 000	−932 000	−838 000
Total Assets	3 943 000	4 018 000	4 659 000	26 406 000
Total Equity	477 000	477 000	536 000	536 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 139 000	1 810 000	25 848 000	13 306 000
Expenditure	4 217 000	3 150 000	26 306 000	13 998 000
Operating Profit	−2 078 000	−1 339 000	−458 000	−691 000
Financial Income	0	2 000	3 000	8 000
Financial Costs	28 000	26 000	740 000	392 000
Financial Balance	−28 000	−24 000	−737 000	−384 000
Earnings Before Tax	−2 106 000	−1 364 000	−1 195 000	−1 075 000
Tax	−462 000	−304 000	−263 000	−236 000
Net Income	−1 643 000	−1 060 000	−932 000	−838 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	264 000	2 131 000	2 029 000	2 162 000
Total Current Assets	3 679 000	1 887 000	2 630 000	24 245 000
Total Assets	3 943 000	4 018 000	4 659 000	26 406 000
Total Retained Equity	376 000	376 000	436 000	436 000
Total Equity	477 000	477 000	536 000	536 000
Total Long-Term Debt	543 000	827 000	1 106 000	19 378 000
Total Current Debt	2 924 000	2 714 000	3 016 000	6 493 000
Total Equity and Debt	3 943 000	4 018 000	4 659 000	26 406 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 920 000	1 810 000	25 848 000	13 306 000
Other Income	219 000	0	0	0
Revenue	2 139 000	1 810 000	25 848 000	13 306 000
Cost of Goods Sold	106 000	74 000	23 324 000	11 036 000
Salary Costs	3 471 000	2 468 000	1 679 000	2 035 000
Depreciation	179 000	219 000	453 000	425 000
Impairment	0	0	0	0
Expenditure	4 217 000	3 150 000	26 306 000	13 998 000
Operating Profit	−2 078 000	−1 339 000	−458 000	−691 000
Financial Income	0	2 000	3 000	8 000
Financial Costs	28 000	26 000	740 000	392 000
Financial Balance	−28 000	−24 000	−737 000	−384 000
Dividends	0	0	0	0
Net Income	−1 643 000	−1 060 000	−932 000	−838 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	60 000	1 748 000	1 444 000	1 181 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	204 000	383 000	585 000	980 000
Total Tangible Assets	204 000	383 000	585 000	980 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	264 000	2 131 000	2 029 000	2 162 000
Stock	0	0	0	22 723 000
Total Investments	0	0	0	0
Cash, Bank	415 000	183 000	281 000	959 000
Total Current Assets	3 679 000	1 887 000	2 630 000	24 245 000
Total Assets	3 943 000	4 018 000	4 659 000	26 406 000
Total Equity	477 000	477 000	536 000	536 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	543 000	827 000	1 106 000	19 378 000
Creditors	82 000	78 000	235 000	284 000
Unpaid Taxes	272 000	255 000	182 000	202 000
Dividends	0	0	0	0
Other Current Debt	2 569 000	2 382 000	2 599 000	6 006 000
Total Current Debt	2 924 000	2 714 000	3 016 000	6 493 000
Total Equity and Debt	3 943 000	4 018 000	4 659 000	26 406 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−344,44 %	−222,22 %	−173,88 %	−156,34 %
Debt-to-Equity Ratio	1,14	1,73	2,06	36,15
Operating Profit Margin	−97,15 %	−73,98 %	−1,77 %	−5,19 %
Current Ratio	1,26	0,7	0,87	3,73
Quick Ratio	1,26	0,7	0,87	−1,49
Equity Ratio	0,12	0,12	0,12	0,02
Gross Profit Margin	95,04 %	95,91 %	9,76 %	17,06 %