KVITNES DRIFT AS

8413 KVITNES

Finances

Return on Equity

−221,65 %

Current Ratio

0,87

Debt-to-Equity Ratio

13,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 506 000	15 819 000	6 499 000	915 000
Net Income	−512 000	475 000	−1 290 000	−1 307 000
Total Assets	7 074 000	7 812 000	4 877 000	4 926 000
Total Equity	231 000	143 000	−432 000	959 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 506 000	15 819 000	6 499 000	915 000
Expenditure	17 027 000	15 200 000	7 974 000	2 200 000
Operating Profit	−521 000	618 000	−1 476 000	−1 285 000
Financial Income	0	0	2 000	0
Financial Costs	107 000	2 000	3 000	22 000
Financial Balance	−107 000	−2 000	−1 000	−22 000
Earnings Before Tax	−628 000	616 000	−1 477 000	−1 307 000
Tax	−116 000	141 000	−187 000	0
Net Income	−512 000	475 000	−1 290 000	−1 307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 894 000	3 776 000	2 980 000	3 833 000
Total Current Assets	3 179 000	4 036 000	1 896 000	1 094 000
Total Assets	7 074 000	7 812 000	4 877 000	4 926 000
Total Retained Equity	−499 000	13 000	−462 000	929 000
Total Equity	231 000	143 000	−432 000	959 000
Total Long-Term Debt	3 198 000	3 198 000	3 198 000	3 198 000
Total Current Debt	3 644 000	4 471 000	2 110 000	769 000
Total Equity and Debt	7 074 000	7 812 000	4 877 000	4 926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 091 000	15 355 000	6 068 000	915 000
Other Income	415 000	463 000	431 000	0
Revenue	16 506 000	15 819 000	6 499 000	915 000
Cost of Goods Sold	2 459 000	2 825 000	1 498 000	250 000
Salary Costs	9 767 000	6 793 000	3 180 000	809 000
Depreciation	580 000	496 000	374 000	574 000
Impairment	0	0	0	0
Expenditure	17 027 000	15 200 000	7 974 000	2 200 000
Operating Profit	−521 000	618 000	−1 476 000	−1 285 000
Financial Income	0	0	2 000	0
Financial Costs	107 000	2 000	3 000	22 000
Financial Balance	−107 000	−2 000	−1 000	−22 000
Dividends	0	0	0	0
Net Income	−512 000	475 000	−1 290 000	−1 307 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	162 000	46 000	187 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 732 000	3 630 000	2 793 000	3 833 000
Total Tangible Assets	3 732 000	3 630 000	2 793 000	3 833 000
Total Fiancial Fixed Assets	0	100 000	0	0
Total Fixed Assets	3 894 000	3 776 000	2 980 000	3 833 000
Stock	1 904 000	1 189 000	647 000	0
Total Investments	0	0	0	0
Cash, Bank	670 000	1 543 000	1 067 000	429 000
Total Current Assets	3 179 000	4 036 000	1 896 000	1 094 000
Total Assets	7 074 000	7 812 000	4 877 000	4 926 000
Total Equity	231 000	143 000	−432 000	959 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 198 000	3 198 000	3 198 000	3 198 000
Creditors	204 000	124 000	984 000	596 000
Unpaid Taxes	624 000	543 000	372 000	91 000
Dividends	0	0	0	0
Other Current Debt	2 816 000	3 803 000	754 000	82 000
Total Current Debt	3 644 000	4 471 000	2 110 000	769 000
Total Equity and Debt	7 074 000	7 812 000	4 877 000	4 926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−221,65 %	332,17 %	298,61 %	−136,29 %
Debt-to-Equity Ratio	13,84	22,36	−7,4	3,33
Operating Profit Margin	−3,16 %	3,91 %	−22,71 %	−140,44 %
Current Ratio	0,87	0,9	0,9	1,42
Quick Ratio	1,83	1,23	1,3	1,42
Equity Ratio	0,03	0,02	−0,09	0,19
Gross Profit Margin	85,1 %	82,14 %	76,95 %	72,68 %