KVITFJELL HYTTER AS

2634 FÅVANG

Finances

Return on Equity

−69,35 %

Current Ratio

53,31

Debt-to-Equity Ratio

4,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 000	4 007 000	1 132 000	134 000
Net Income	−991 000	2 152 000	583 000	−167 000
Total Assets	7 827 000	6 223 000	11 202 000	5 938 000
Total Equity	1 429 000	2 420 000	268 000	−315 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 000	4 007 000	1 132 000	134 000
Expenditure	1 248 000	1 225 000	238 000	254 000
Operating Profit	−1 158 000	2 782 000	894 000	−121 000
Financial Income	0	0	0	0
Financial Costs	113 000	23 000	146 000	93 000
Financial Balance	−113 000	−23 000	−146 000	−93 000
Earnings Before Tax	−1 271 000	2 759 000	748 000	−214 000
Tax	−280 000	607 000	165 000	−47 000
Net Income	−991 000	2 152 000	583 000	−167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 603 000	2 000 000	3 250 000	4 215 000
Total Current Assets	5 224 000	4 223 000	7 952 000	1 723 000
Total Assets	7 827 000	6 223 000	11 202 000	5 938 000
Total Retained Equity	1 399 000	2 390 000	238 000	−345 000
Total Equity	1 429 000	2 420 000	268 000	−315 000
Total Long-Term Debt	6 300 000	3 171 000	6 433 000	6 199 000
Total Current Debt	98 000	632 000	4 501 000	55 000
Total Equity and Debt	7 827 000	6 223 000	11 202 000	5 938 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	3 311 000	936 000	0
Other Income	90 000	696 000	196 000	134 000
Revenue	90 000	4 007 000	1 132 000	134 000
Cost of Goods Sold	0	375 000	0	0
Salary Costs	0	0	0	0
Depreciation	51 000	50 000	80 000	80 000
Impairment	0	0	0	0
Expenditure	1 248 000	1 225 000	238 000	254 000
Operating Profit	−1 158 000	2 782 000	894 000	−121 000
Financial Income	0	0	0	0
Financial Costs	113 000	23 000	146 000	93 000
Financial Balance	−113 000	−23 000	−146 000	−93 000
Dividends	0	0	0	0
Net Income	−991 000	2 152 000	583 000	−167 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	156 000	0	0	97 000
Real Eastate	1 697 000	1 250 000	2 500 000	3 368 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 697 000	1 250 000	2 500 000	3 368 000
Total Fiancial Fixed Assets	750 000	750 000	750 000	750 000
Total Fixed Assets	2 603 000	2 000 000	3 250 000	4 215 000
Stock	4 201 000	0	0	1 222 000
Total Investments	0	0	0	0
Cash, Bank	1 008 000	3 961 000	2 000	501 000
Total Current Assets	5 224 000	4 223 000	7 952 000	1 723 000
Total Assets	7 827 000	6 223 000	11 202 000	5 938 000
Total Equity	1 429 000	2 420 000	268 000	−315 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 300 000	3 171 000	6 433 000	6 199 000
Creditors	98 000	122 000	1 146 000	47 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	8 000	3 308 000	8 000
Total Current Debt	98 000	632 000	4 501 000	55 000
Total Equity and Debt	7 827 000	6 223 000	11 202 000	5 938 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−69,35 %	88,93 %	217,54 %	53,02 %
Debt-to-Equity Ratio	4,41	1,31	24	−19,68
Operating Profit Margin	−1 286,67 %	69,43 %	78,98 %	−90,3 %
Current Ratio	53,31	6,68	1,77	31,33
Quick Ratio	−1,27	6,68	1,77	−1,48
Equity Ratio	0,18	0,39	0,02	−0,05
Gross Profit Margin	100 %	90,64 %	100 %	100 %