KVITPLASSEN AS

0158 OSLO

Finances

Share Ownership

Return on Equity

288,24 %

Current Ratio

113,03

Debt-to-Equity Ratio

−94,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 329 000	7 208 000	7 800 000	0
Net Income	−343 000	−11 000	169 000	−192 000
Total Assets	11 225 000	22 292 000	18 944 000	20 502 000
Total Equity	−119 000	223 000	234 000	65 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 329 000	7 208 000	7 800 000	0
Expenditure	16 664 000	7 231 000	7 624 000	208 000
Operating Profit	−335 000	−24 000	176 000	−208 000
Financial Income	18 000	22 000	5 000	0
Financial Costs	32 000	13 000	1 000	0
Financial Balance	−14 000	9 000	4 000	0
Earnings Before Tax	−349 000	−14 000	179 000	−208 000
Tax	−7 000	−3 000	10 000	−16 000
Net Income	−343 000	−11 000	169 000	−192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 878 000	4 510 000	18 818 000	20 297 000
Total Current Assets	7 347 000	17 782 000	126 000	205 000
Total Assets	11 225 000	22 292 000	18 944 000	20 502 000
Total Retained Equity	−319 000	23 000	34 000	−135 000
Total Equity	−119 000	223 000	234 000	65 000
Total Long-Term Debt	11 279 000	20 372 000	18 225 000	19 676 000
Total Current Debt	65 000	1 697 000	484 000	761 000
Total Equity and Debt	11 225 000	22 292 000	18 944 000	20 502 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 314 000	7 208 000	7 797 000	0
Other Income	14 000	0	3 000	0
Revenue	16 329 000	7 208 000	7 800 000	0
Cost of Goods Sold	16 650 000	7 159 000	7 574 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 664 000	7 231 000	7 624 000	208 000
Operating Profit	−335 000	−24 000	176 000	−208 000
Financial Income	18 000	22 000	5 000	0
Financial Costs	32 000	13 000	1 000	0
Financial Balance	−14 000	9 000	4 000	0
Dividends	0	0	0	0
Net Income	−343 000	−11 000	169 000	−192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 878 000	4 510 000	18 818 000	20 297 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 878 000	4 510 000	18 818 000	20 297 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 878 000	4 510 000	18 818 000	20 297 000
Stock	7 013 000	17 564 000	0	0
Total Investments	0	0	0	0
Cash, Bank	179 000	1 000	126 000	205 000
Total Current Assets	7 347 000	17 782 000	126 000	205 000
Total Assets	11 225 000	22 292 000	18 944 000	20 502 000
Total Equity	−119 000	223 000	234 000	65 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 279 000	20 372 000	18 225 000	19 676 000
Creditors	65 000	1 650 000	484 000	758 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	47 000	0	3 000
Total Current Debt	65 000	1 697 000	484 000	761 000
Total Equity and Debt	11 225 000	22 292 000	18 944 000	20 502 000

Financial indicators	2022	2021	2020	2019
Return on Equity	288,24 %	−4,93 %	72,22 %	−295,38 %
Debt-to-Equity Ratio	−94,78	91,35	77,88	302,71
Operating Profit Margin	−2,05 %	−0,33 %	2,26 %	-
Current Ratio	113,03	10,48	0,26	0,27
Quick Ratio	−1,06	−1,12	0,26	0,27
Equity Ratio	−0,01	0,01	0,01	0
Gross Profit Margin	−1,97 %	0,68 %	2,9 %	-