KVITSTEINEN AS

0551 OSLO

Finances

Return on Equity

−59,79 %

Current Ratio

309,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 561 000	964 000	1 555 000	329 000
Total Assets	2 619 000	4 183 000	3 218 000	1 660 000
Total Equity	2 611 000	4 173 000	3 209 000	1 654 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	7 000	7 000	5 000	4 000
Operating Profit	−7 000	−7 000	−5 000	−4 000
Financial Income	0	1 110 000	1 577 000	333 000
Financial Costs	1 555 000	136 000	16 000	0
Financial Balance	−1 555 000	974 000	1 561 000	333 000
Earnings Before Tax	−1 561 000	966 000	1 556 000	329 000
Tax	0	2 000	1 000	0
Net Income	−1 561 000	964 000	1 555 000	329 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	141 000	141 000	141 000	157 000
Total Current Assets	2 478 000	4 042 000	3 076 000	1 503 000
Total Assets	2 619 000	4 183 000	3 218 000	1 660 000
Total Retained Equity	1 741 000	3 302 000	2 338 000	783 000
Total Equity	2 611 000	4 173 000	3 209 000	1 654 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 000	10 000	9 000	7 000
Total Equity and Debt	2 619 000	4 183 000	3 218 000	1 660 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 000	7 000	5 000	4 000
Operating Profit	−7 000	−7 000	−5 000	−4 000
Financial Income	0	1 110 000	1 577 000	333 000
Financial Costs	1 555 000	136 000	16 000	0
Financial Balance	−1 555 000	974 000	1 561 000	333 000
Dividends	0	0	0	0
Net Income	−1 561 000	964 000	1 555 000	329 000

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	141 000	141 000	141 000	157 000
Total Fixed Assets	141 000	141 000	141 000	157 000
Stock	0	0	0	0
Total Investments	2 429 000	3 981 000	3 036 000	1 491 000
Cash, Bank	49 000	60 000	40 000	12 000
Total Current Assets	2 478 000	4 042 000	3 076 000	1 503 000
Total Assets	2 619 000	4 183 000	3 218 000	1 660 000
Total Equity	2 611 000	4 173 000	3 209 000	1 654 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	8 000	8 000	7 000
Total Current Debt	8 000	10 000	9 000	7 000
Total Equity and Debt	2 619 000	4 183 000	3 218 000	1 660 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−59,79 %	23,1 %	48,46 %	19,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	309,75	404,2	341,78	214,71
Quick Ratio	309,75	404,2	341,78	214,71
Equity Ratio	1	1	1	1
Gross Profit Margin	-	-	-	-