KVITFJELL ALPINGREND AS

2630 RINGEBU

Finances

Share Ownership

Return on Equity

206,63 %

Current Ratio

5,92

Debt-to-Equity Ratio

−49,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 650 000	43 375 000	11 551 000	20 102 000
Net Income	−3 430 000	1 764 000	−1 639 000	1 533 000
Total Assets	94 377 000	52 653 000	36 028 000	22 547 000
Total Equity	−1 660 000	1 770 000	1 403 000	3 042 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 650 000	43 375 000	11 551 000	20 102 000
Expenditure	31 660 000	39 749 000	12 179 000	17 463 000
Operating Profit	−1 010 000	3 626 000	−629 000	2 639 000
Financial Income	538 000	363 000	251 000	13 000
Financial Costs	2 958 000	2 169 000	1 261 000	637 000
Financial Balance	−2 420 000	−1 806 000	−1 010 000	−624 000
Earnings Before Tax	−3 430 000	1 820 000	−1 639 000	2 015 000
Tax	0	56 000	0	482 000
Net Income	−3 430 000	1 764 000	−1 639 000	1 533 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 679 000	10 739 000	5 923 000	3 435 000
Total Current Assets	81 698 000	41 915 000	30 105 000	19 112 000
Total Assets	94 377 000	52 653 000	36 028 000	22 547 000
Total Retained Equity	−3 460 000	−30 000	−397 000	1 242 000
Total Equity	−1 660 000	1 770 000	1 403 000	3 042 000
Total Long-Term Debt	82 232 000	38 474 000	29 715 000	12 527 000
Total Current Debt	13 805 000	12 409 000	4 909 000	6 977 000
Total Equity and Debt	94 377 000	52 653 000	36 028 000	22 547 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 650 000	43 332 000	11 407 000	20 102 000
Other Income	0	43 000	144 000	0
Revenue	30 650 000	43 375 000	11 551 000	20 102 000
Cost of Goods Sold	27 072 000	35 704 000	10 125 000	16 728 000
Salary Costs	1 418 000	1 600 000	1 206 000	0
Depreciation	6 000	23 000	23 000	17 000
Impairment	0	0	0	0
Expenditure	31 660 000	39 749 000	12 179 000	17 463 000
Operating Profit	−1 010 000	3 626 000	−629 000	2 639 000
Financial Income	538 000	363 000	251 000	13 000
Financial Costs	2 958 000	2 169 000	1 261 000	637 000
Financial Balance	−2 420 000	−1 806 000	−1 010 000	−624 000
Dividends	0	0	0	0
Net Income	−3 430 000	1 764 000	−1 639 000	1 533 000

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	0	0	0	0
Fixtures	0	6 000	29 000	51 000
Total Tangible Assets	0	6 000	29 000	51 000
Total Fiancial Fixed Assets	12 679 000	10 733 000	5 895 000	3 384 000
Total Fixed Assets	12 679 000	10 739 000	5 923 000	3 435 000
Stock	81 378 000	41 696 000	29 992 000	18 729 000
Total Investments	0	0	0	0
Cash, Bank	66 000	65 000	55 000	382 000
Total Current Assets	81 698 000	41 915 000	30 105 000	19 112 000
Total Assets	94 377 000	52 653 000	36 028 000	22 547 000
Total Equity	−1 660 000	1 770 000	1 403 000	3 042 000
Short-Term Group Debt	0	1 790 000	0	367 000
Total Long-Term Debt	82 232 000	38 474 000	29 715 000	12 527 000
Creditors	13 546 000	10 473 000	3 393 000	5 459 000
Unpaid Taxes	100 000	86 000	97 000	400 000
Dividends	0	0	0	0
Other Current Debt	158 000	52 000	264 000	350 000
Total Current Debt	13 805 000	12 409 000	4 909 000	6 977 000
Total Equity and Debt	94 377 000	52 653 000	36 028 000	22 547 000

Financial indicators	2022	2021	2020	2019
Return on Equity	206,63 %	99,66 %	−116,82 %	50,39 %
Debt-to-Equity Ratio	−49,54	21,74	21,18	4,12
Operating Profit Margin	−3,3 %	8,36 %	−5,45 %	13,13 %
Current Ratio	5,92	3,38	6,13	2,74
Quick Ratio	−1,21	−1,43	−1,2	−1,63
Equity Ratio	−0,02	0,03	0,04	0,13
Gross Profit Margin	11,67 %	17,69 %	12,35 %	16,78 %