KVARTNES AS

4276 VEAVÅGEN

Finances

Share Ownership

Return on Equity

−1,23 %

Current Ratio

19,53

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 929 000	1 512 000	1 534 000	2 464 000
Net Income	−65 000	−92 000	26 000	705 000
Total Assets	8 907 000	9 081 000	5 679 000	7 822 000
Total Equity	5 287 000	5 351 000	5 443 000	5 417 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 929 000	1 512 000	1 534 000	2 464 000
Expenditure	3 040 000	1 645 000	1 529 000	1 584 000
Operating Profit	−112 000	−133 000	5 000	881 000
Financial Income	29 000	17 000	30 000	25 000
Financial Costs	0	0	0	0
Financial Balance	29 000	17 000	30 000	25 000
Earnings Before Tax	−83 000	−117 000	35 000	905 000
Tax	−18 000	−25 000	9 000	200 000
Net Income	−65 000	−92 000	26 000	705 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 564 000	6 679 000	3 289 000	5 431 000
Total Current Assets	2 343 000	2 402 000	2 390 000	2 391 000
Total Assets	8 907 000	9 081 000	5 679 000	7 822 000
Total Retained Equity	2 675 000	2 739 000	2 831 000	2 805 000
Total Equity	5 287 000	5 351 000	5 443 000	5 417 000
Total Long-Term Debt	3 500 000	3 500 000	0	2 000 000
Total Current Debt	120 000	230 000	236 000	405 000
Total Equity and Debt	8 907 000	9 081 000	5 679 000	7 822 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 881 000	1 464 000	1 436 000	1 823 000
Other Income	48 000	48 000	98 000	641 000
Revenue	2 929 000	1 512 000	1 534 000	2 464 000
Cost of Goods Sold	0	0	0	0
Salary Costs	972 000	974 000	954 000	938 000
Depreciation	134 000	134 000	134 000	74 000
Impairment	0	0	0	0
Expenditure	3 040 000	1 645 000	1 529 000	1 584 000
Operating Profit	−112 000	−133 000	5 000	881 000
Financial Income	29 000	17 000	30 000	25 000
Financial Costs	0	0	0	0
Financial Balance	29 000	17 000	30 000	25 000
Dividends	0	0	0	0
Net Income	−65 000	−92 000	26 000	705 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 764 000	3 746 000	222 000	2 230 000
Real Eastate	1 218 000	1 243 000	542 000	567 000
Machinery and Plant Facilities	0	0	726 000	726 000
Fixtures	0	0	0	0
Total Tangible Assets	2 799 000	2 933 000	3 067 000	3 201 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 564 000	6 679 000	3 289 000	5 431 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 327 000	2 374 000	2 352 000	2 375 000
Total Current Assets	2 343 000	2 402 000	2 390 000	2 391 000
Total Assets	8 907 000	9 081 000	5 679 000	7 822 000
Total Equity	5 287 000	5 351 000	5 443 000	5 417 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 500 000	3 500 000	0	2 000 000
Creditors	106 000	29 000	19 000	223 000
Unpaid Taxes	−44 000	149 000	164 000	155 000
Dividends	0	0	0	0
Other Current Debt	59 000	52 000	53 000	28 000
Total Current Debt	120 000	230 000	236 000	405 000
Total Equity and Debt	8 907 000	9 081 000	5 679 000	7 822 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,23 %	−1,72 %	0,48 %	13,01 %
Debt-to-Equity Ratio	0,66	0,65	0	0,37
Operating Profit Margin	−3,82 %	−8,8 %	0,33 %	35,75 %
Current Ratio	19,53	10,44	10,13	5,9
Quick Ratio	19,53	10,44	10,13	5,9
Equity Ratio	0,59	0,59	0,96	0,69
Gross Profit Margin	100 %	100 %	100 %	100 %