BRØDR. KITTELSEN RØRLEGGERBEDRIFT AS

3060 SVELVIK

Finances

Share Ownership

Return on Equity

33,45 %

Current Ratio

2,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 337 000	5 196 000	4 460 000	4 128 000
Net Income	480 000	−109 000	509 000	−121 000
Total Assets	2 379 000	1 903 000	2 004 000	1 102 000
Total Equity	1 435 000	955 000	1 064 000	555 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 337 000	5 196 000	4 460 000	4 128 000
Expenditure	4 848 000	5 303 000	3 840 000	4 251 000
Operating Profit	551 000	−108 000	619 000	−122 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	0
Financial Balance	−1 000	−1 000	−1 000	0
Earnings Before Tax	550 000	−109 000	619 000	−122 000
Tax	70 000	0	110 000	0
Net Income	480 000	−109 000	509 000	−121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	245 000	307 000	184 000	235 000
Total Current Assets	2 134 000	1 596 000	1 820 000	867 000
Total Assets	2 379 000	1 903 000	2 004 000	1 102 000
Total Retained Equity	1 405 000	925 000	1 034 000	525 000
Total Equity	1 435 000	955 000	1 064 000	555 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	942 000	948 000	940 000	548 000
Total Equity and Debt	2 379 000	1 903 000	2 004 000	1 102 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 337 000	5 195 000	4 460 000	4 128 000
Other Income	0	0	0	0
Revenue	5 337 000	5 196 000	4 460 000	4 128 000
Cost of Goods Sold	2 368 000	2 873 000	1 783 000	1 793 000
Salary Costs	1 655 000	1 591 000	1 262 000	1 582 000
Depreciation	29 000	1 000	1 000	14 000
Impairment	0	0	0	0
Expenditure	4 848 000	5 303 000	3 840 000	4 251 000
Operating Profit	551 000	−108 000	619 000	−122 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	0
Financial Balance	−1 000	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	480 000	−109 000	509 000	−121 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	209 000	180 000	77 000	77 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	19 000	0	0	0
Fixtures	17 000	20 000	22 000	23 000
Total Tangible Assets	36 000	20 000	22 000	23 000
Total Fiancial Fixed Assets	0	107 000	85 000	136 000
Total Fixed Assets	245 000	307 000	184 000	235 000
Stock	273 000	213 000	433 000	157 000
Total Investments	0	0	0	0
Cash, Bank	528 000	214 000	311 000	103 000
Total Current Assets	2 134 000	1 596 000	1 820 000	867 000
Total Assets	2 379 000	1 903 000	2 004 000	1 102 000
Total Equity	1 435 000	955 000	1 064 000	555 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	252 000	359 000	279 000	161 000
Unpaid Taxes	405 000	378 000	380 000	188 000
Dividends	0	0	0	0
Other Current Debt	217 000	211 000	171 000	199 000
Total Current Debt	942 000	948 000	940 000	548 000
Total Equity and Debt	2 379 000	1 903 000	2 004 000	1 102 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,45 %	−11,41 %	47,84 %	−21,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,32 %	−2,08 %	13,88 %	−2,96 %
Current Ratio	2,27	1,68	1,94	1,58
Quick Ratio	3,19	2,17	3,59	2,22
Equity Ratio	0,6	0,5	0,53	0,5
Gross Profit Margin	55,63 %	44,71 %	60,02 %	56,56 %