KVENDBOE AS

3724 SKIEN

Finances

Return on Equity

27,93 %

Current Ratio

109,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	288 000	165 000	194 000	320 000
Net Income	2 054 000	1 131 000	805 000	1 376 000
Total Assets	7 420 000	5 381 000	4 414 000	5 656 000
Total Equity	7 353 000	5 299 000	4 336 000	5 531 000

Income (NOK)	2022	2021	2020	2019
Revenue	288 000	165 000	194 000	320 000
Expenditure	290 000	338 000	228 000	202 000
Operating Profit	−3 000	−173 000	−34 000	118 000
Financial Income	2 072 000	1 276 000	839 000	1 297 000
Financial Costs	0	0	0	0
Financial Balance	2 072 000	1 276 000	839 000	1 297 000
Earnings Before Tax	2 069 000	1 102 000	805 000	1 416 000
Tax	15 000	−29 000	1 000	40 000
Net Income	2 054 000	1 131 000	805 000	1 376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 393 000	1 298 000	1 534 000	884 000
Total Current Assets	5 027 000	4 084 000	2 880 000	4 772 000
Total Assets	7 420 000	5 381 000	4 414 000	5 656 000
Total Retained Equity	7 253 000	5 199 000	4 236 000	5 431 000
Total Equity	7 353 000	5 299 000	4 336 000	5 531 000
Total Long-Term Debt	21 000	6 000	35 000	25 000
Total Current Debt	46 000	77 000	44 000	100 000
Total Equity and Debt	7 420 000	5 381 000	4 414 000	5 656 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	178 000	165 000	194 000	320 000
Other Income	110 000	0	0	0
Revenue	288 000	165 000	194 000	320 000
Cost of Goods Sold	0	0	0	0
Salary Costs	23 000	18 000	11 000	27 000
Depreciation	211 000	236 000	161 000	0
Impairment	0	0	0	0
Expenditure	290 000	338 000	228 000	202 000
Operating Profit	−3 000	−173 000	−34 000	118 000
Financial Income	2 072 000	1 276 000	839 000	1 297 000
Financial Costs	0	0	0	0
Financial Balance	2 072 000	1 276 000	839 000	1 297 000
Dividends	0	168 000	2 000 000	0
Net Income	2 054 000	1 131 000	805 000	1 376 000

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	1 878 000	783 000	1 019 000	369 000
Total Tangible Assets	1 878 000	783 000	1 019 000	369 000
Total Fiancial Fixed Assets	515 000	515 000	515 000	515 000
Total Fixed Assets	2 393 000	1 298 000	1 534 000	884 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 588 000	2 811 000	1 686 000	3 469 000
Total Current Assets	5 027 000	4 084 000	2 880 000	4 772 000
Total Assets	7 420 000	5 381 000	4 414 000	5 656 000
Total Equity	7 353 000	5 299 000	4 336 000	5 531 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 000	6 000	35 000	25 000
Creditors	0	32 000	0	1 000
Unpaid Taxes	46 000	45 000	44 000	81 000
Dividends	0	168 000	2 000 000	0
Other Current Debt	0	0	0	0
Total Current Debt	46 000	77 000	44 000	100 000
Total Equity and Debt	7 420 000	5 381 000	4 414 000	5 656 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,93 %	21,34 %	18,57 %	24,88 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−1,04 %	−104,85 %	−17,53 %	36,88 %
Current Ratio	109,28	53,04	65,45	47,72
Quick Ratio	109,28	53,04	65,45	47,72
Equity Ratio	0,99	0,98	0,98	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %