KVITEGGA AS

6218 HELLESYLT

Finances

Share Ownership

Return on Equity

15,12 %

Current Ratio

2,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	578 000	492 000	476 000	360 000
Net Income	13 000	13 000	7 000	−19 000
Total Assets	132 000	93 000	110 000	86 000
Total Equity	86 000	73 000	60 000	53 000

Income (NOK)	2022	2021	2020	2019
Revenue	578 000	492 000	476 000	360 000
Expenditure	564 000	474 000	466 000	383 000
Operating Profit	15 000	17 000	9 000	−22 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Earnings Before Tax	16 000	19 000	11 000	−21 000
Tax	3 000	5 000	4 000	−1 000
Net Income	13 000	13 000	7 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	5 000	17 000	33 000
Total Current Assets	127 000	88 000	93 000	53 000
Total Assets	132 000	93 000	110 000	86 000
Total Retained Equity	56 000	43 000	30 000	23 000
Total Equity	86 000	73 000	60 000	53 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	45 000	20 000	50 000	33 000
Total Equity and Debt	132 000	93 000	110 000	86 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	578 000	492 000	476 000	360 000
Other Income	0	0	0	0
Revenue	578 000	492 000	476 000	360 000
Cost of Goods Sold	236 000	211 000	203 000	183 000
Salary Costs	73 000	42 000	54 000	0
Depreciation	0	12 000	16 000	18 000
Impairment	0	0	0	0
Expenditure	564 000	474 000	466 000	383 000
Operating Profit	15 000	17 000	9 000	−22 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Net Income	13 000	13 000	7 000	−19 000

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	12 000	28 000
Total Tangible Assets	0	0	12 000	28 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	5 000	5 000	17 000	33 000
Stock	90 000	34 000	30 000	18 000
Total Investments	0	0	0	0
Cash, Bank	19 000	29 000	6 000	9 000
Total Current Assets	127 000	88 000	93 000	53 000
Total Assets	132 000	93 000	110 000	86 000
Total Equity	86 000	73 000	60 000	53 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	1 000	37 000	24 000
Unpaid Taxes	1 000	0	2 000	2 000
Dividends	0	0	0	0
Other Current Debt	21 000	13 000	7 000	6 000
Total Current Debt	45 000	20 000	50 000	33 000
Total Equity and Debt	132 000	93 000	110 000	86 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,12 %	17,81 %	11,67 %	−35,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,6 %	3,46 %	1,89 %	−6,11 %
Current Ratio	2,82	4,4	1,86	1,61
Quick Ratio	−2,82	−6,29	4,65	3,53
Equity Ratio	0,65	0,78	0,55	0,62
Gross Profit Margin	59,17 %	57,11 %	57,35 %	49,17 %