KVITSØY PRESERVING AS

4180 KVITSØY

Finances

Return on Equity

20,06 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	204 000	196 000	194 000	128 000
Net Income	64 000	63 000	67 000	−53 000
Total Assets	405 000	289 000	228 000	190 000
Total Equity	319 000	256 000	193 000	126 000

Income (NOK)	2022	2021	2020	2019
Revenue	204 000	196 000	194 000	128 000
Expenditure	145 000	136 000	130 000	185 000
Operating Profit	59 000	59 000	64 000	−57 000
Financial Income	5 000	4 000	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	5 000	4 000	3 000	4 000
Earnings Before Tax	64 000	63 000	67 000	−53 000
Tax	0	0	0	0
Net Income	64 000	63 000	67 000	−53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	297 000	149 000	169 000	188 000
Total Current Assets	108 000	139 000	59 000	2 000
Total Assets	405 000	289 000	228 000	190 000
Total Retained Equity	183 000	120 000	57 000	−10 000
Total Equity	319 000	256 000	193 000	126 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	85 000	33 000	35 000	64 000
Total Equity and Debt	405 000	289 000	228 000	190 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	204 000	196 000	194 000	128 000
Revenue	204 000	196 000	194 000	128 000
Cost of Goods Sold	0	0	0	0
Salary Costs	55 000	77 000	66 000	61 000
Depreciation	31 000	19 000	19 000	14 000
Impairment	0	0	0	0
Expenditure	145 000	136 000	130 000	185 000
Operating Profit	59 000	59 000	64 000	−57 000
Financial Income	5 000	4 000	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	5 000	4 000	3 000	4 000
Dividends	0	0	0	0
Net Income	64 000	63 000	67 000	−53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	296 000	149 000	168 000	188 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	296 000	149 000	168 000	188 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	297 000	149 000	169 000	188 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	54 000	139 000	59 000	2 000
Total Current Assets	108 000	139 000	59 000	2 000
Total Assets	405 000	289 000	228 000	190 000
Total Equity	319 000	256 000	193 000	126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	3 000	7 000	3 000
Unpaid Taxes	26 000	30 000	27 000	26 000
Dividends	0	0	0	0
Other Current Debt	55 000	0	0	35 000
Total Current Debt	85 000	33 000	35 000	64 000
Total Equity and Debt	405 000	289 000	228 000	190 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,06 %	24,61 %	34,72 %	−42,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,92 %	30,1 %	32,99 %	−44,53 %
Current Ratio	1,27	4,21	1,69	0,03
Quick Ratio	1,27	4,21	1,69	0,03
Equity Ratio	0,79	0,89	0,85	0,66
Gross Profit Margin	100 %	100 %	100 %	100 %