KITE HOLDING AS

1410 KOLBOTN

Finances

Return on Equity

−72,06 %

Current Ratio

Debt-to-Equity Ratio

5,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	374 000	31 000
Net Income	−410 000	−220 000	1 310 000	−15 000
Total Assets	3 813 000	2 332 000	2 287 000	1 024 000
Total Equity	569 000	979 000	1 199 000	−111 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	374 000	31 000
Expenditure	41 000	50 000	39 000	32 000
Operating Profit	−41 000	−50 000	335 000	−1 000
Financial Income	104 000	41 000	1 000 000	0
Financial Costs	474 000	6 000	9 000	14 000
Financial Balance	−370 000	35 000	991 000	−14 000
Earnings Before Tax	−410 000	−15 000	1 326 000	−15 000
Tax	0	205 000	16 000	0
Net Income	−410 000	−220 000	1 310 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 566 000	2 071 000	1 030 000	1 020 000
Total Current Assets	247 000	261 000	1 257 000	4 000
Total Assets	3 813 000	2 332 000	2 287 000	1 024 000
Total Retained Equity	539 000	949 000	1 169 000	−141 000
Total Equity	569 000	979 000	1 199 000	−111 000
Total Long-Term Debt	3 232 000	1 137 000	1 052 000	1 108 000
Total Current Debt	13 000	216 000	35 000	27 000
Total Equity and Debt	3 813 000	2 332 000	2 287 000	1 024 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	374 000	31 000
Other Income	0	0	0	0
Revenue	0	0	374 000	31 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	41 000	50 000	39 000	32 000
Operating Profit	−41 000	−50 000	335 000	−1 000
Financial Income	104 000	41 000	1 000 000	0
Financial Costs	474 000	6 000	9 000	14 000
Financial Balance	−370 000	35 000	991 000	−14 000
Dividends	0	0	0	0
Net Income	−410 000	−220 000	1 310 000	−15 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 566 000	2 071 000	1 030 000	1 020 000
Total Fixed Assets	3 566 000	2 071 000	1 030 000	1 020 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	17 000	1 250 000	3 000
Total Current Assets	247 000	261 000	1 257 000	4 000
Total Assets	3 813 000	2 332 000	2 287 000	1 024 000
Total Equity	569 000	979 000	1 199 000	−111 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 232 000	1 137 000	1 052 000	1 108 000
Creditors	12 000	11 000	9 000	8 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	10 000	19 000
Total Current Debt	13 000	216 000	35 000	27 000
Total Equity and Debt	3 813 000	2 332 000	2 287 000	1 024 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−72,06 %	−22,47 %	109,26 %	13,51 %
Debt-to-Equity Ratio	5,68	1,16	0,88	−9,98
Operating Profit Margin	-	-	89,57 %	−3,23 %
Current Ratio	19	1,21	35,91	0,15
Quick Ratio	19	1,21	35,91	0,15
Equity Ratio	0,15	0,42	0,52	−0,11
Gross Profit Margin	-	-	100 %	100 %