Kvickstop AS

ASDissolved

Org 985491380Fjellhamarveien 5-7, 2010 StrømmenVedlikehold og reparasjon av motorvogner, unntatt motorsykler· NACE 45200Est. 2003 · 23 years old8 employees

Overview

Kvickstop AS is a Norwegian AS based in Strømmen, operating in the Vedlikehold og reparasjon av motorvogner, unntatt motorsykler sector. Incorporated in 2003, the company has 8 employees and reported revenue of NOK 22.4m in its latest annual filing.

Revenue 2021

22.4M NOK

+5% vs 2020

EBITDA margin

11.7 %

+79% vs 2020

Net profit 2021

1.9M NOK

+70% vs 2020

Key ratios

See full ratios →

41.2 %

Average

Around the average of companies in the same industry

20172021

1.3×

Average

Around the average of companies in the same industry

20172021

32.7 %

Very strong

Among the 10% highest rated companies in the industry

20172021

EBITDA — year on year

NOK thousands

Key figures

Annual report 2021

Revenue	22.4M NOK	+5%
EBITDA	2.6M NOK	+79%
Net profit	1.9M NOK	+70%
Total assets	5.8M NOK	+46%
Equity	2.4M NOK	+385%
Employees	8	—

Financial development

In its most recent annual report (2021), Kvickstop AS reported revenue of NOK 22.4m, an increase of 5% on the year before. The figures on this page draw on 5 annual filings covering 2017 to 2021. The bottom line showed a net profit of NOK 1.9m, and the EBITDA margin stood at 11.7%.

At the end of 2021, equity financed 41.2% of the balance sheet, and current assets covered short-term debt 1.3 times.

Financials

Revenue

NOK millions

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2021	2020	2019	2018	2017
Revenue	22,395	21,267	25,281	27,686	27,352
Staff expenses	-10,910	-9,894	-11,883	-12,300	-11,970
EBITDA	2,613	1,462	-533	1,119	1,839
Depreciation & amort.	-164	-16	-4	-4	-1
EBIT	2,449	1,446	-536	1,115	1,838
Net financials	0	-3	8	5	11
Profit before tax	2,449	1,443	-528	1,120	1,850
Tax	540	320	-115	259	445
Net profit	1,909	1,123	-413	861	1,405

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Balance sheet

NOK thousands

Item	2021	2020	2019	2018	2017
Total assets	5,843	3,989	3,222	4,728	5,974
Equity	2,405	496	223	636	635
Long-term debt	26	0	0	0	0
Short-term debt	3,412	3,493	2,999	4,091	5,339
Total debt	3,438	3,493	2,999	4,091	5,339

Financial ratios

5-year trend

EBITDA margin

11.7 %

20172021

Equity ratio

41.2 %

Average

Around the average of companies in the same industry

20172021

Return on equity

79.4 %

Very strong

Among the 20% highest rated companies in the industry

20172021

Net profit margin

8.5 %

Strong

Among the 30% highest rated companies in the industry

20172021

Asset turnover

3.83×

Very strong

Among the 20% highest rated companies in the industry

20172021

Debt / equity

1.43×

Average

Around the average of companies in the same industry

20172021

Sector performance

28 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginStrong

Among the 30% highest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginStrong

Among the 30% highest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginStrong

Among the 30% highest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 20% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 10% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioStrong

Among the 30% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioAverage

Around the average of companies in the same industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioAverage

Around the average of companies in the same industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioStrong

Among the 30% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityAverage

Around the average of companies in the same industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalWeak

Among the 40% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioStrong

Among the 30% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityAverage

Around the average of companies in the same industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 20% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 10% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtStrong

Among the 30% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 10% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverVery strong

Among the 20% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverVery weak

Among the 10% lowest rated companies in the industry

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Equity to contributed capitalStrong

Among the 40% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery strong

Among the 10% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's debt.

Annual reports & filings

Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Org number of Kvickstop AS?

Kvickstop AS is registered with Brønnøysundsregistrene under Org 985491380.

What is the revenue of Kvickstop AS?

Kvickstop AS reported revenue of NOK 22.4m in 2021.

How many employees does Kvickstop AS have?

Kvickstop AS employs 8 people as of the latest annual report.

Where is Kvickstop AS headquartered?

Kvickstop AS's registered address is Fjellhamarveien 5-7.