KVATEK AS

5141 FYLLINGSDALEN

Finances

Share Ownership

Return on Equity

31,67 %

Current Ratio

3,39

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 670 000	1 676 000	2 259 000	2 043 000
Net Income	343 000	158 000	491 000	267 000
Total Assets	2 259 000	2 768 000	2 683 000	1 525 000
Total Equity	1 083 000	740 000	1 682 000	1 191 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 670 000	1 676 000	2 259 000	2 043 000
Expenditure	1 194 000	1 233 000	1 616 000	1 701 000
Operating Profit	478 000	441 000	643 000	343 000
Financial Income	1 000	0	0	1 000
Financial Costs	37 000	39 000	18 000	1 000
Financial Balance	−36 000	−39 000	−18 000	0
Earnings Before Tax	442 000	403 000	626 000	343 000
Tax	99 000	245 000	135 000	76 000
Net Income	343 000	158 000	491 000	267 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	645 000	1 323 000	747 000	155 000
Total Current Assets	1 614 000	1 446 000	1 936 000	1 370 000
Total Assets	2 259 000	2 768 000	2 683 000	1 525 000
Total Retained Equity	1 053 000	710 000	1 652 000	1 161 000
Total Equity	1 083 000	740 000	1 682 000	1 191 000
Total Long-Term Debt	700 000	1 361 000	615 000	0
Total Current Debt	476 000	668 000	385 000	334 000
Total Equity and Debt	2 259 000	2 768 000	2 683 000	1 525 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 219 000	2 283 000	2 259 000	2 043 000
Other Income	451 000	−608 000	0	0
Revenue	1 670 000	1 676 000	2 259 000	2 043 000
Cost of Goods Sold	184 000	233 000	165 000	224 000
Salary Costs	320 000	311 000	980 000	1 095 000
Depreciation	176 000	184 000	127 000	35 000
Impairment	0	0	0	0
Expenditure	1 194 000	1 233 000	1 616 000	1 701 000
Operating Profit	478 000	441 000	643 000	343 000
Financial Income	1 000	0	0	1 000
Financial Costs	37 000	39 000	18 000	1 000
Financial Balance	−36 000	−39 000	−18 000	0
Dividends	0	400 000	0	0
Net Income	343 000	158 000	491 000	267 000

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	645 000	1 322 000	747 000	155 000
Total Tangible Assets	645 000	1 322 000	747 000	155 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	645 000	1 323 000	747 000	155 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 156 000	829 000	1 219 000	957 000
Total Current Assets	1 614 000	1 446 000	1 936 000	1 370 000
Total Assets	2 259 000	2 768 000	2 683 000	1 525 000
Total Equity	1 083 000	740 000	1 682 000	1 191 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	700 000	1 361 000	615 000	0
Creditors	93 000	109 000	66 000	50 000
Unpaid Taxes	32 000	21 000	104 000	85 000
Dividends	0	400 000	0	0
Other Current Debt	238 000	34 000	90 000	123 000
Total Current Debt	476 000	668 000	385 000	334 000
Total Equity and Debt	2 259 000	2 768 000	2 683 000	1 525 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,67 %	21,35 %	29,19 %	22,42 %
Debt-to-Equity Ratio	0,65	1,84	0,37	0
Operating Profit Margin	28,62 %	26,31 %	28,46 %	16,79 %
Current Ratio	3,39	2,16	5,03	4,1
Quick Ratio	3,39	2,16	5,03	4,1
Equity Ratio	0,48	0,27	0,63	0,78
Gross Profit Margin	88,98 %	86,1 %	92,7 %	89,04 %