KVASIR GROUP LIMITED Financials
- Company number
- 05598228CopyCopy
- Registered office
- 16 Witney Way, Boldon Business Park, Boldon, Tyne & Wear NE35 9PE
- Incorporated
- 20/10/2005
Company snapshot
- Status
- Active
- Employees
- 12 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-52.93%vs 20222022: £322.26K
Cash in Bank
21.86%vs 20222022: £121.48K
Employees
+2vs 20222022: 10
In 2023, KVASIR GROUP LIMITED reported net assets of £151.70K. The same filing shows cash in bank of £148.03K. Reported headcount was 12 in 2023. Net Assets fell from £322.26K in 2022 to £151.70K in 2023 (-52.93%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-52.93%from £322.26K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures KVASIR GROUP LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-71.5%vs 2021-46.6% a year compound (CAGR)
Cash in Bank
-36%vs 2021-20% a year compound (CAGR)
Employees
-40%vs 2021-8Biggest decrease
Net Assets-71.5%
£532.08K in 2021 to £151.70K in 2023
Every indicator Okredo holds for KVASIR GROUP LIMITED fell between 2021 and 2023. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank and employee numbers falling alongside it. See the full year-by-year figures.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for KVASIR GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 532.08K | 322.26K | 151.70K |
| Total Assets£ | – | – | – |
| Cash in Bank£ | 231.21K | 121.48K | 148.03K |
| Total Liabilities£ | – | – | – |
| Employees | 20 | 10 | 12 |
KVASIR GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for KVASIR GROUP LIMITED covering 2021–2023, across 3 reported indicators. The most recent reported year is 2023.
KVASIR GROUP LIMITED reported net assets of £151.70K for 2023. That compares with £322.26K in 2022, a change of -52.93%.
KVASIR GROUP LIMITED reported cash in bank of £148.03K for 2023. That compares with £121.48K in 2022, a change of 21.86%.
KVASIR GROUP LIMITED reported 12 employees in 2023, compared with 10 in 2022.
Between 2021 and 2023, KVASIR GROUP LIMITED's net assets fell by 71.5%, cash in bank fell by 36% and employee numbers fell by 40%. Net assets contracted at 46.6% a year across the two years to 2023, from £532.08K to £151.70K. Reported headcount went from 20 in 2021 to 12 in 2023 (-8).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.