KVITINGAN HOLDING AS

6425 MOLDE

Finances

Return on Equity

74,95 %

Current Ratio

0,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	344 000	0	232 000	230 000
Total Assets	509 000	525 000	745 000	744 000
Total Equity	459 000	475 000	475 000	244 000

Income (NOK)	2022	2020	2019
Revenue	0	0	0
Expenditure	0	3 000	3 000
Operating Profit	0	−3 000	−3 000
Financial Income	348 000	234 000	234 000
Financial Costs	0	0	0
Financial Balance	348 000	234 000	234 000
Earnings Before Tax	348 000	231 000	231 000
Tax	4 000	−1 000	1 000
Net Income	344 000	232 000	230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	500 000	504 000	504 000	504 000
Total Current Assets	9 000	21 000	241 000	240 000
Total Assets	509 000	525 000	745 000	744 000
Total Retained Equity	429 000	445 000	445 000	214 000
Total Equity	459 000	475 000	475 000	244 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	50 000	50 000	270 000	500 000
Total Equity and Debt	509 000	525 000	745 000	744 000

Cash flow (NOK)	2022	2020	2019
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	0	3 000	3 000
Operating Profit	0	−3 000	−3 000
Financial Income	348 000	234 000	234 000
Financial Costs	0	0	0
Financial Balance	348 000	234 000	234 000
Dividends	360 000	0	0
Net Income	344 000	232 000	230 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	4 000	4 000
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	500 000	500 000	500 000	500 000
Total Fixed Assets	500 000	504 000	504 000	504 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	21 000	7 000	6 000
Total Current Assets	9 000	21 000	241 000	240 000
Total Assets	509 000	525 000	745 000	744 000
Total Equity	459 000	475 000	475 000	244 000
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	360 000	0	0	0
Other Current Debt	50 000	50 000	270 000	500 000
Total Current Debt	50 000	50 000	270 000	500 000
Total Equity and Debt	509 000	525 000	745 000	744 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,95 %	0 %	48,84 %	94,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,18	0,42	0,89	0,48
Quick Ratio	0,18	0,42	0,89	0,48
Equity Ratio	0,9	0,9	0,64	0,33
Gross Profit Margin	-	-	-	-