KVALSVIK ELEKTRO EIGEDOM AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

76,02 %

Current Ratio

5,69

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	280 000	326 000	280 000	293 000
Net Income	1 797 000	78 000	79 000	52 000
Total Assets	4 782 000	7 070 000	6 980 000	6 752 000
Total Equity	2 364 000	568 000	489 000	410 000

Income (NOK)	2022	2021	2020	2019
Revenue	280 000	326 000	280 000	293 000
Expenditure	100 000	132 000	80 000	160 000
Operating Profit	180 000	193 000	199 000	134 000
Financial Income	1 696 000	32 000	31 000	54 000
Financial Costs	45 000	125 000	129 000	120 000
Financial Balance	1 651 000	−93 000	−98 000	−66 000
Earnings Before Tax	1 831 000	100 000	102 000	67 000
Tax	34 000	22 000	22 000	15 000
Net Income	1 797 000	78 000	79 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 946 000	6 136 000	6 175 000	6 182 000
Total Current Assets	836 000	934 000	806 000	570 000
Total Assets	4 782 000	7 070 000	6 980 000	6 752 000
Total Retained Equity	2 240 000	443 000	365 000	286 000
Total Equity	2 364 000	568 000	489 000	410 000
Total Long-Term Debt	2 272 000	6 274 000	6 277 000	5 516 000
Total Current Debt	147 000	229 000	214 000	826 000
Total Equity and Debt	4 782 000	7 070 000	6 980 000	6 752 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	280 000	326 000	280 000	293 000
Other Income	0	0	0	0
Revenue	280 000	326 000	280 000	293 000
Cost of Goods Sold	0	49 000	0	0
Salary Costs	0	0	0	0
Depreciation	38 000	38 000	38 000	36 000
Impairment	0	0	0	0
Expenditure	100 000	132 000	80 000	160 000
Operating Profit	180 000	193 000	199 000	134 000
Financial Income	1 696 000	32 000	31 000	54 000
Financial Costs	45 000	125 000	129 000	120 000
Financial Balance	1 651 000	−93 000	−98 000	−66 000
Dividends	0	0	0	0
Net Income	1 797 000	78 000	79 000	52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 937 000	3 973 000	4 008 000	4 044 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	12 000	15 000	17 000
Total Tangible Assets	3 946 000	3 985 000	4 023 000	4 061 000
Total Fiancial Fixed Assets	0	2 152 000	2 152 000	2 120 000
Total Fixed Assets	3 946 000	6 136 000	6 175 000	6 182 000
Stock	244 000	244 000	244 000	221 000
Total Investments	0	0	0	0
Cash, Bank	591 000	636 000	562 000	349 000
Total Current Assets	836 000	934 000	806 000	570 000
Total Assets	4 782 000	7 070 000	6 980 000	6 752 000
Total Equity	2 364 000	568 000	489 000	410 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 272 000	6 274 000	6 277 000	5 516 000
Creditors	2 000	14 000	0	0
Unpaid Taxes	60 000	61 000	63 000	44 000
Dividends	0	0	0	0
Other Current Debt	48 000	128 000	128 000	765 000
Total Current Debt	147 000	229 000	214 000	826 000
Total Equity and Debt	4 782 000	7 070 000	6 980 000	6 752 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,02 %	13,73 %	16,16 %	12,68 %
Debt-to-Equity Ratio	0,96	11,05	12,84	13,45
Operating Profit Margin	64,29 %	59,2 %	71,07 %	45,73 %
Current Ratio	5,69	4,08	3,77	0,69
Quick Ratio	−8,62	−62,27	−26,87	0,94
Equity Ratio	0,49	0,08	0,07	0,06
Gross Profit Margin	100 %	84,97 %	100 %	100 %