KVITÅVATN TOMTESERVICE AS

3660 RJUKAN

Finances

Share Ownership

Return on Equity

19,31 %

Current Ratio

2,3

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 681 000	7 338 000	4 960 000	4 414 000
Net Income	418 000	1 178 000	368 000	81 000
Total Assets	4 041 000	3 934 000	2 799 000	2 680 000
Total Equity	2 165 000	1 746 000	1 368 000	1 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 681 000	7 338 000	4 960 000	4 414 000
Expenditure	7 087 000	5 805 000	4 470 000	4 290 000
Operating Profit	593 000	1 534 000	489 000	123 000
Financial Income	0	0	1 000	0
Financial Costs	51 000	24 000	18 000	18 000
Financial Balance	−51 000	−24 000	−17 000	−18 000
Earnings Before Tax	542 000	1 510 000	471 000	105 000
Tax	124 000	332 000	104 000	24 000
Net Income	418 000	1 178 000	368 000	81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 255 000	1 615 000	964 000	1 349 000
Total Current Assets	2 786 000	2 318 000	1 834 000	1 331 000
Total Assets	4 041 000	3 934 000	2 799 000	2 680 000
Total Retained Equity	2 135 000	1 716 000	1 338 000	970 000
Total Equity	2 165 000	1 746 000	1 368 000	1 000 000
Total Long-Term Debt	667 000	813 000	293 000	349 000
Total Current Debt	1 209 000	1 374 000	1 137 000	1 331 000
Total Equity and Debt	4 041 000	3 934 000	2 799 000	2 680 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 666 000	7 338 000	4 740 000	4 413 000
Other Income	16 000	0	220 000	0
Revenue	7 681 000	7 338 000	4 960 000	4 414 000
Cost of Goods Sold	3 686 000	3 247 000	2 675 000	2 570 000
Salary Costs	722 000	667 000	316 000	205 000
Depreciation	496 000	382 000	334 000	270 000
Impairment	0	0	0	0
Expenditure	7 087 000	5 805 000	4 470 000	4 290 000
Operating Profit	593 000	1 534 000	489 000	123 000
Financial Income	0	0	1 000	0
Financial Costs	51 000	24 000	18 000	18 000
Financial Balance	−51 000	−24 000	−17 000	−18 000
Dividends	0	0	0	0
Net Income	418 000	1 178 000	368 000	81 000

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	580 000	625 000	219 000	381 000
Fixtures	675 000	991 000	745 000	969 000
Total Tangible Assets	1 255 000	1 615 000	964 000	1 349 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 255 000	1 615 000	964 000	1 349 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 067 000	2 038 000	972 000	291 000
Total Current Assets	2 786 000	2 318 000	1 834 000	1 331 000
Total Assets	4 041 000	3 934 000	2 799 000	2 680 000
Total Equity	2 165 000	1 746 000	1 368 000	1 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	667 000	813 000	293 000	349 000
Creditors	463 000	199 000	706 000	1 272 000
Unpaid Taxes	587 000	43 000	294 000	47 000
Dividends	0	0	0	0
Other Current Debt	1 000	801 000	50 000	0
Total Current Debt	1 209 000	1 374 000	1 137 000	1 331 000
Total Equity and Debt	4 041 000	3 934 000	2 799 000	2 680 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,31 %	67,47 %	26,9 %	8,1 %
Debt-to-Equity Ratio	0,31	0,47	0,21	0,35
Operating Profit Margin	7,72 %	20,9 %	9,86 %	2,79 %
Current Ratio	2,3	1,69	1,61	1
Quick Ratio	2,3	1,69	1,61	1
Equity Ratio	0,54	0,44	0,49	0,37
Gross Profit Margin	52,01 %	55,75 %	46,07 %	41,78 %