KVITNESET HOLDING AS

6516 KRISTIANSUND N

Finances

Return on Equity

74,43 %

Current Ratio

1,92

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	238 000	0	201 000	0
Net Income	227 000	−81 000	152 000	−10 000
Total Assets	361 000	323 000	340 000	102 000
Total Equity	305 000	79 000	160 000	8 000

Income (NOK)	2022	2021	2020	2019
Revenue	238 000	0	201 000	0
Expenditure	53 000	81 000	9 000	10 000
Operating Profit	185 000	−81 000	191 000	−10 000
Financial Income	65 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	65 000	0	0	0
Earnings Before Tax	250 000	−81 000	191 000	−10 000
Tax	23 000	0	40 000	0
Net Income	227 000	−81 000	152 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	259 000	260 000	54 000	48 000
Total Current Assets	102 000	63 000	286 000	55 000
Total Assets	361 000	323 000	340 000	102 000
Total Retained Equity	286 000	60 000	141 000	−11 000
Total Equity	305 000	79 000	160 000	8 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	53 000	244 000	180 000	94 000
Total Equity and Debt	361 000	323 000	340 000	102 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	238 000	0	201 000	0
Other Income	0	0	0	0
Revenue	238 000	0	201 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	53 000	81 000	9 000	10 000
Operating Profit	185 000	−81 000	191 000	−10 000
Financial Income	65 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	65 000	0	0	0
Dividends	0	0	0	0
Net Income	227 000	−81 000	152 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	125 000	115 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	17 000	0	0
Total Tangible Assets	138 000	131 000	0	0
Total Fiancial Fixed Assets	121 000	129 000	54 000	48 000
Total Fixed Assets	259 000	260 000	54 000	48 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	12 000	86 000	55 000
Total Current Assets	102 000	63 000	286 000	55 000
Total Assets	361 000	323 000	340 000	102 000
Total Equity	305 000	79 000	160 000	8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	0	0
Creditors	1 000	1 000	1 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	32 000	244 000	139 000	93 000
Total Current Debt	53 000	244 000	180 000	94 000
Total Equity and Debt	361 000	323 000	340 000	102 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,43 %	−102,53 %	95 %	−125 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	77,73 %	-	95,02 %	-
Current Ratio	1,92	0,26	1,59	0,59
Quick Ratio	1,92	0,26	1,59	0,59
Equity Ratio	0,84	0,24	0,47	0,08
Gross Profit Margin	100 %	-	100 %	-