KVITVANG FJELLSPRENGNING AS

7608 LEVANGER

Finances

Share Ownership

Return on Equity

−218,44 %

Current Ratio

0,61

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 608 000	3 389 000	1 762 000	4 064 000
Net Income	−758 000	353 000	−572 000	146 000
Total Assets	1 301 000	1 508 000	1 711 000	2 755 000
Total Equity	347 000	1 105 000	752 000	1 323 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 608 000	3 389 000	1 762 000	4 064 000
Expenditure	3 564 000	2 913 000	2 450 000	3 821 000
Operating Profit	−956 000	476 000	−688 000	244 000
Financial Income	0	0	3 000	4 000
Financial Costs	15 000	24 000	48 000	61 000
Financial Balance	−15 000	−24 000	−45 000	−57 000
Earnings Before Tax	−972 000	453 000	−733 000	187 000
Tax	−214 000	100 000	−161 000	41 000
Net Income	−758 000	353 000	−572 000	146 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	847 000	916 000	1 112 000	1 312 000
Total Current Assets	455 000	592 000	599 000	1 443 000
Total Assets	1 301 000	1 508 000	1 711 000	2 755 000
Total Retained Equity	247 000	1 005 000	652 000	1 223 000
Total Equity	347 000	1 105 000	752 000	1 323 000
Total Long-Term Debt	204 000	250 000	758 000	1 002 000
Total Current Debt	750 000	153 000	201 000	430 000
Total Equity and Debt	1 301 000	1 508 000	1 711 000	2 755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 508 000	2 241 000	1 707 000	3 764 000
Other Income	100 000	1 148 000	55 000	300 000
Revenue	2 608 000	3 389 000	1 762 000	4 064 000
Cost of Goods Sold	1 486 000	919 000	475 000	1 560 000
Salary Costs	489 000	636 000	637 000	632 000
Depreciation	343 000	349 000	375 000	447 000
Impairment	0	0	0	0
Expenditure	3 564 000	2 913 000	2 450 000	3 821 000
Operating Profit	−956 000	476 000	−688 000	244 000
Financial Income	0	0	3 000	4 000
Financial Costs	15 000	24 000	48 000	61 000
Financial Balance	−15 000	−24 000	−45 000	−57 000
Dividends	0	0	0	0
Net Income	−758 000	353 000	−572 000	146 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	258 000	44 000	144 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	432 000	664 000	893 000	1 200 000
Fixtures	52 000	72 000	75 000	51 000
Total Tangible Assets	484 000	736 000	968 000	1 252 000
Total Fiancial Fixed Assets	105 000	135 000	0	60 000
Total Fixed Assets	847 000	916 000	1 112 000	1 312 000
Stock	88 000	50 000	88 000	53 000
Total Investments	0	0	0	0
Cash, Bank	19 000	173 000	321 000	1 213 000
Total Current Assets	455 000	592 000	599 000	1 443 000
Total Assets	1 301 000	1 508 000	1 711 000	2 755 000
Total Equity	347 000	1 105 000	752 000	1 323 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	204 000	250 000	758 000	1 002 000
Creditors	146 000	31 000	64 000	173 000
Unpaid Taxes	53 000	22 000	53 000	179 000
Dividends	0	0	0	0
Other Current Debt	309 000	100 000	84 000	77 000
Total Current Debt	750 000	153 000	201 000	430 000
Total Equity and Debt	1 301 000	1 508 000	1 711 000	2 755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−218,44 %	31,95 %	−76,06 %	11,04 %
Debt-to-Equity Ratio	0,59	0,23	1,01	0,76
Operating Profit Margin	−36,66 %	14,05 %	−39,05 %	6 %
Current Ratio	0,61	3,87	2,98	3,36
Quick Ratio	0,69	5,75	5,3	3,83
Equity Ratio	0,27	0,73	0,44	0,48
Gross Profit Margin	43,02 %	72,88 %	73,04 %	61,61 %