KVALVÅGNES MASKINFØRERUTLEIE AS

5953 FONNES

Finances

Share Ownership

Return on Equity

27,37 %

Current Ratio

2,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	313 000	243 000	227 000	74 000
Net Income	26 000	48 000	13 000	−98 000
Total Assets	135 000	124 000	42 000	74 000
Total Equity	95 000	69 000	21 000	8 000

Income (NOK)	2022	2021	2020	2019
Revenue	313 000	243 000	227 000	74 000
Expenditure	286 000	195 000	215 000	173 000
Operating Profit	26 000	48 000	13 000	−98 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	26 000	48 000	13 000	−98 000
Tax	0	0	0	0
Net Income	26 000	48 000	13 000	−98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	7 000	16 000	12 000
Total Current Assets	92 000	116 000	26 000	62 000
Total Assets	135 000	124 000	42 000	74 000
Total Retained Equity	76 000	50 000	2 000	−11 000
Total Equity	95 000	69 000	21 000	8 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	40 000	55 000	21 000	66 000
Total Equity and Debt	135 000	124 000	42 000	74 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	313 000	243 000	135 000	74 000
Other Income	0	0	92 000	0
Revenue	313 000	243 000	227 000	74 000
Cost of Goods Sold	19 000	0	0	1 000
Salary Costs	94 000	108 000	45 000	15 000
Depreciation	6 000	7 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	286 000	195 000	215 000	173 000
Operating Profit	26 000	48 000	13 000	−98 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	26 000	48 000	13 000	−98 000

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	36 000	0	7 000	12 000
Total Tangible Assets	36 000	0	7 000	12 000
Total Fiancial Fixed Assets	7 000	7 000	9 000	0
Total Fixed Assets	43 000	7 000	16 000	12 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	83 000	116 000	26 000	2 000
Total Current Assets	92 000	116 000	26 000	62 000
Total Assets	135 000	124 000	42 000	74 000
Total Equity	95 000	69 000	21 000	8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	2 000	0
Unpaid Taxes	28 000	44 000	16 000	7 000
Dividends	0	0	0	0
Other Current Debt	11 000	10 000	3 000	59 000
Total Current Debt	40 000	55 000	21 000	66 000
Total Equity and Debt	135 000	124 000	42 000	74 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,37 %	69,57 %	61,9 %	−1 225 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,31 %	19,75 %	5,73 %	−132,43 %
Current Ratio	2,3	2,11	1,24	0,94
Quick Ratio	2,3	2,11	1,24	0,94
Equity Ratio	0,7	0,56	0,5	0,11
Gross Profit Margin	93,93 %	100 %	100 %	98,65 %