KVINESDAL GOLF AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

5,51 %

Current Ratio

5,22

Debt-to-Equity Ratio

7,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	591 000	633 000	474 000	1 339 000
Net Income	7 000	−53 000	−10 000	113 000
Total Assets	1 059 000	254 000	244 000	242 000
Total Equity	127 000	120 000	173 000	184 000

Income (NOK)	2022	2021	2020	2019
Revenue	591 000	633 000	474 000	1 339 000
Expenditure	541 000	686 000	488 000	1 197 000
Operating Profit	51 000	−53 000	−13 000	140 000
Financial Income	0	0	0	0
Financial Costs	43 000	0	0	6 000
Financial Balance	−43 000	0	0	−6 000
Earnings Before Tax	7 000	−53 000	−13 000	135 000
Tax	0	0	−3 000	22 000
Net Income	7 000	−53 000	−10 000	113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	893 000	39 000	42 000	0
Total Current Assets	167 000	216 000	202 000	242 000
Total Assets	1 059 000	254 000	244 000	242 000
Total Retained Equity	97 000	90 000	143 000	154 000
Total Equity	127 000	120 000	173 000	184 000
Total Long-Term Debt	900 000	0	0	0
Total Current Debt	32 000	135 000	71 000	58 000
Total Equity and Debt	1 059 000	254 000	244 000	242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	591 000	633 000	469 000	1 120 000
Other Income	0	0	5 000	218 000
Revenue	591 000	633 000	474 000	1 339 000
Cost of Goods Sold	168 000	416 000	211 000	698 000
Salary Costs	38 000	201 000	206 000	353 000
Depreciation	95 000	0	0	13 000
Impairment	0	0	0	0
Expenditure	541 000	686 000	488 000	1 197 000
Operating Profit	51 000	−53 000	−13 000	140 000
Financial Income	0	0	0	0
Financial Costs	43 000	0	0	6 000
Financial Balance	−43 000	0	0	−6 000
Dividends	0	0	0	0
Net Income	7 000	−53 000	−10 000	113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	39 000	42 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	854 000	0	0	0
Total Tangible Assets	854 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	893 000	39 000	42 000	0
Stock	18 000	14 000	44 000	53 000
Total Investments	0	0	0	0
Cash, Bank	112 000	168 000	114 000	162 000
Total Current Assets	167 000	216 000	202 000	242 000
Total Assets	1 059 000	254 000	244 000	242 000
Total Equity	127 000	120 000	173 000	184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	900 000	0	0	0
Creditors	0	7 000	42 000	3 000
Unpaid Taxes	5 000	106 000	6 000	1 000
Dividends	0	0	0	0
Other Current Debt	28 000	22 000	22 000	32 000
Total Current Debt	32 000	135 000	71 000	58 000
Total Equity and Debt	1 059 000	254 000	244 000	242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,51 %	−44,17 %	−5,78 %	61,41 %
Debt-to-Equity Ratio	7,09	0	0	0
Operating Profit Margin	8,63 %	−8,37 %	−2,74 %	10,46 %
Current Ratio	5,22	1,6	2,85	4,17
Quick Ratio	11,93	1,79	7,48	48,4
Equity Ratio	0,12	0,47	0,71	0,76
Gross Profit Margin	71,57 %	34,28 %	55,49 %	47,87 %