KVARDAG AS

0884 OSLO

Finances

Share Ownership

Return on Equity

12,54 %

Current Ratio

4,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	505 000	641 000	397 000	491 000
Net Income	41 000	−43 000	145 000	53 000
Total Assets	426 000	356 000	617 000	460 000
Total Equity	327 000	286 000	330 000	184 000

Income (NOK)	2022	2021	2020	2019
Revenue	505 000	641 000	397 000	491 000
Expenditure	465 000	709 000	347 000	447 000
Operating Profit	41 000	−68 000	50 000	43 000
Financial Income	0	61 000	117 000	10 000
Financial Costs	0	36 000	22 000	0
Financial Balance	0	25 000	95 000	10 000
Earnings Before Tax	41 000	−43 000	145 000	53 000
Tax	0	0	0	0
Net Income	41 000	−43 000	145 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	426 000	356 000	617 000	460 000
Total Assets	426 000	356 000	617 000	460 000
Total Retained Equity	297 000	256 000	300 000	154 000
Total Equity	327 000	286 000	330 000	184 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	100 000	70 000	287 000	276 000
Total Equity and Debt	426 000	356 000	617 000	460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	505 000	641 000	397 000	491 000
Other Income	0	0	0	0
Revenue	505 000	641 000	397 000	491 000
Cost of Goods Sold	43 000	83 000	53 000	64 000
Salary Costs	174 000	325 000	111 000	174 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	465 000	709 000	347 000	447 000
Operating Profit	41 000	−68 000	50 000	43 000
Financial Income	0	61 000	117 000	10 000
Financial Costs	0	36 000	22 000	0
Financial Balance	0	25 000	95 000	10 000
Dividends	0	0	0	0
Net Income	41 000	−43 000	145 000	53 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	58 000	27 000	44 000	83 000
Total Investments	0	0	418 000	0
Cash, Bank	358 000	317 000	142 000	366 000
Total Current Assets	426 000	356 000	617 000	460 000
Total Assets	426 000	356 000	617 000	460 000
Total Equity	327 000	286 000	330 000	184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	10 000	5 000	2 000
Unpaid Taxes	66 000	0	22 000	20 000
Dividends	0	0	0	0
Other Current Debt	25 000	60 000	260 000	254 000
Total Current Debt	100 000	70 000	287 000	276 000
Total Equity and Debt	426 000	356 000	617 000	460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,54 %	−15,03 %	43,94 %	28,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,12 %	−10,61 %	12,59 %	8,76 %
Current Ratio	4,26	5,09	2,15	1,67
Quick Ratio	10,14	8,28	2,54	2,38
Equity Ratio	0,77	0,8	0,53	0,4
Gross Profit Margin	91,49 %	87,05 %	86,65 %	86,97 %