KVENILD EIENDOM III AS

7042 TRONDHEIM

Finances

Share Ownership

Return on Equity

−56,81 %

Current Ratio

6,6

Debt-to-Equity Ratio

19,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	261 000	606 000	595 000
Net Income	−346 000	−76 000	192 000	170 000
Total Assets	12 734 000	12 651 000	12 679 000	12 889 000
Total Equity	609 000	954 000	1 030 000	1 030 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	261 000	606 000	595 000
Expenditure	57 000	36 000	39 000	37 000
Operating Profit	−57 000	224 000	567 000	558 000
Financial Income	0	1 000	1 000	7 000
Financial Costs	408 000	301 000	322 000	347 000
Financial Balance	−408 000	−300 000	−321 000	−340 000
Earnings Before Tax	−465 000	−76 000	246 000	218 000
Tax	−119 000	0	54 000	48 000
Net Income	−346 000	−76 000	192 000	170 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 602 000	12 484 000	12 536 000	12 803 000
Total Current Assets	132 000	167 000	143 000	87 000
Total Assets	12 734 000	12 651 000	12 679 000	12 889 000
Total Retained Equity	−421 000	−76 000	0	0
Total Equity	609 000	954 000	1 030 000	1 030 000
Total Long-Term Debt	12 105 000	11 687 000	11 401 000	11 639 000
Total Current Debt	20 000	9 000	248 000	220 000
Total Equity and Debt	12 734 000	12 651 000	12 679 000	12 889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	261 000	606 000	595 000
Revenue	0	261 000	606 000	595 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	57 000	36 000	39 000	37 000
Operating Profit	−57 000	224 000	567 000	558 000
Financial Income	0	1 000	1 000	7 000
Financial Costs	408 000	301 000	322 000	347 000
Financial Balance	−408 000	−300 000	−321 000	−340 000
Dividends	0	0	0	0
Net Income	−346 000	−76 000	192 000	170 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	119 000	0	0	0
Real Eastate	12 484 000	12 338 000	12 317 000	12 317 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 484 000	12 338 000	12 317 000	12 317 000
Total Fiancial Fixed Assets	0	146 000	219 000	486 000
Total Fixed Assets	12 602 000	12 484 000	12 536 000	12 803 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	132 000	150 000	4 000	12 000
Total Current Assets	132 000	167 000	143 000	87 000
Total Assets	12 734 000	12 651 000	12 679 000	12 889 000
Total Equity	609 000	954 000	1 030 000	1 030 000
Short-Term Group Debt	0	0	246 000	218 000
Total Long-Term Debt	12 105 000	11 687 000	11 401 000	11 639 000
Creditors	20 000	9 000	2 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	20 000	9 000	248 000	220 000
Total Equity and Debt	12 734 000	12 651 000	12 679 000	12 889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−56,81 %	−7,97 %	18,64 %	16,5 %
Debt-to-Equity Ratio	19,88	12,25	11,07	11,3
Operating Profit Margin	-	85,82 %	93,56 %	93,78 %
Current Ratio	6,6	18,56	0,58	0,4
Quick Ratio	6,6	18,56	0,58	0,4
Equity Ratio	0,05	0,08	0,08	0,08
Gross Profit Margin	-	100 %	100 %	100 %