KVANDE BETONGSERVICE AS

6652 SURNADAL

Finances

Share Ownership

Return on Equity

4,48 %

Current Ratio

1,4

Debt-to-Equity Ratio

7,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 977 000	1 607 000	1 570 000	1 381 000
Net Income	9 000	−76 000	60 000	−57 000
Total Assets	1 894 000	1 831 000	1 490 000	1 482 000
Total Equity	201 000	193 000	268 000	208 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 977 000	1 607 000	1 570 000	1 381 000
Expenditure	1 896 000	1 620 000	1 455 000	1 375 000
Operating Profit	81 000	−13 000	115 000	6 000
Financial Income	3 000	0	0	0
Financial Costs	76 000	63 000	55 000	64 000
Financial Balance	−73 000	−63 000	−55 000	−64 000
Earnings Before Tax	9 000	−76 000	61 000	−57 000
Tax	0	0	0	0
Net Income	9 000	−76 000	60 000	−57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 559 000	1 498 000	1 191 000	1 221 000
Total Current Assets	335 000	333 000	299 000	261 000
Total Assets	1 894 000	1 831 000	1 490 000	1 482 000
Total Retained Equity	171 000	163 000	238 000	178 000
Total Equity	201 000	193 000	268 000	208 000
Total Long-Term Debt	1 454 000	1 425 000	1 017 000	1 094 000
Total Current Debt	239 000	213 000	204 000	180 000
Total Equity and Debt	1 894 000	1 831 000	1 490 000	1 482 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 977 000	1 607 000	1 570 000	1 381 000
Other Income	0	0	0	0
Revenue	1 977 000	1 607 000	1 570 000	1 381 000
Cost of Goods Sold	237 000	115 000	34 000	66 000
Salary Costs	968 000	883 000	879 000	826 000
Depreciation	121 000	104 000	59 000	57 000
Impairment	0	0	0	0
Expenditure	1 896 000	1 620 000	1 455 000	1 375 000
Operating Profit	81 000	−13 000	115 000	6 000
Financial Income	3 000	0	0	0
Financial Costs	76 000	63 000	55 000	64 000
Financial Balance	−73 000	−63 000	−55 000	−64 000
Dividends	0	0	0	0
Net Income	9 000	−76 000	60 000	−57 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 135 000	1 060 000	1 086 000	1 111 000
Machinery and Plant Facilities	0	93 000	30 000	21 000
Fixtures	395 000	330 000	49 000	50 000
Total Tangible Assets	1 529 000	1 483 000	1 164 000	1 182 000
Total Fiancial Fixed Assets	30 000	15 000	27 000	39 000
Total Fixed Assets	1 559 000	1 498 000	1 191 000	1 221 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	198 000	157 000	136 000	190 000
Total Current Assets	335 000	333 000	299 000	261 000
Total Assets	1 894 000	1 831 000	1 490 000	1 482 000
Total Equity	201 000	193 000	268 000	208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 454 000	1 425 000	1 017 000	1 094 000
Creditors	54 000	37 000	52 000	27 000
Unpaid Taxes	105 000	88 000	68 000	72 000
Dividends	0	0	0	0
Other Current Debt	79 000	88 000	85 000	81 000
Total Current Debt	239 000	213 000	204 000	180 000
Total Equity and Debt	1 894 000	1 831 000	1 490 000	1 482 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,48 %	−39,38 %	22,39 %	−27,4 %
Debt-to-Equity Ratio	7,23	7,38	3,79	5,26
Operating Profit Margin	4,1 %	−0,81 %	7,32 %	0,43 %
Current Ratio	1,4	1,56	1,47	1,45
Quick Ratio	1,4	1,56	1,47	1,45
Equity Ratio	0,11	0,11	0,18	0,14
Gross Profit Margin	88,01 %	92,84 %	97,83 %	95,22 %