KVADRATUREN GÅRDEIERFORENING AS

4610 KRISTIANSAND S

Finances

Return on Equity

50,41 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 154 000	1 886 000	1 606 000	1 859 000
Net Income	122 000	54 000	−29 000	−67 000
Total Assets	794 000	1 232 000	1 041 000	1 150 000
Total Equity	242 000	120 000	66 000	95 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 154 000	1 886 000	1 606 000	1 859 000
Expenditure	1 987 000	1 795 000	1 615 000	1 910 000
Operating Profit	168 000	91 000	−8 000	−51 000
Financial Income	0	0	0	0
Financial Costs	12 000	22 000	29 000	36 000
Financial Balance	−12 000	−22 000	−29 000	−36 000
Earnings Before Tax	156 000	69 000	−37 000	−87 000
Tax	34 000	15 000	−8 000	−19 000
Net Income	122 000	54 000	−29 000	−67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	167 000	301 000	463 000
Total Current Assets	740 000	1 065 000	741 000	687 000
Total Assets	794 000	1 232 000	1 041 000	1 150 000
Total Retained Equity	61 000	−61 000	−115 000	−86 000
Total Equity	242 000	120 000	66 000	95 000
Total Long-Term Debt	0	97 000	247 000	447 000
Total Current Debt	552 000	1 014 000	728 000	608 000
Total Equity and Debt	794 000	1 232 000	1 041 000	1 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	543 000	503 000	395 000	0
Other Income	1 611 000	1 383 000	1 211 000	1 859 000
Revenue	2 154 000	1 886 000	1 606 000	1 859 000
Cost of Goods Sold	1 254 000	1 126 000	1 086 000	1 278 000
Salary Costs	36 000	23 000	35 000	34 000
Depreciation	128 000	128 000	171 000	171 000
Impairment	0	0	0	0
Expenditure	1 987 000	1 795 000	1 615 000	1 910 000
Operating Profit	168 000	91 000	−8 000	−51 000
Financial Income	0	0	0	0
Financial Costs	12 000	22 000	29 000	36 000
Financial Balance	−12 000	−22 000	−29 000	−36 000
Dividends	0	0	0	0
Net Income	122 000	54 000	−29 000	−67 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	54 000	39 000	46 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	128 000	255 000	426 000
Total Tangible Assets	0	128 000	255 000	426 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	54 000	167 000	301 000	463 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	212 000	114 000	217 000	173 000
Total Current Assets	740 000	1 065 000	741 000	687 000
Total Assets	794 000	1 232 000	1 041 000	1 150 000
Total Equity	242 000	120 000	66 000	95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	97 000	247 000	447 000
Creditors	257 000	991 000	425 000	335 000
Unpaid Taxes	1 000	0	0	4 000
Dividends	0	0	0	0
Other Current Debt	245 000	0	201 000	66 000
Total Current Debt	552 000	1 014 000	728 000	608 000
Total Equity and Debt	794 000	1 232 000	1 041 000	1 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,41 %	45 %	−43,94 %	−70,53 %
Debt-to-Equity Ratio	0	0,81	3,74	4,71
Operating Profit Margin	7,8 %	4,83 %	−0,5 %	−2,74 %
Current Ratio	1,34	1,05	1,02	1,13
Quick Ratio	1,34	1,05	1,02	1,13
Equity Ratio	0,3	0,1	0,06	0,08
Gross Profit Margin	41,78 %	40,3 %	32,38 %	31,25 %