KVITFJELLVEIEN AS

4633 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

13,38 %

Current Ratio

1,06

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 978 000	2 054 000	2 148 000	1 781 000
Net Income	883 000	966 000	743 000	533 000
Total Assets	14 237 000	14 376 000	15 375 000	16 666 000
Total Equity	6 598 000	5 716 000	4 749 000	4 007 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 978 000	2 054 000	2 148 000	1 781 000
Expenditure	612 000	581 000	860 000	685 000
Operating Profit	1 367 000	1 473 000	1 288 000	1 096 000
Financial Income	18 000	9 000	6 000	8 000
Financial Costs	253 000	242 000	342 000	420 000
Financial Balance	−235 000	−233 000	−336 000	−412 000
Earnings Before Tax	1 132 000	1 239 000	952 000	684 000
Tax	249 000	273 000	210 000	151 000
Net Income	883 000	966 000	743 000	533 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 809 000	14 188 000	14 577 000	14 997 000
Total Current Assets	428 000	188 000	798 000	1 669 000
Total Assets	14 237 000	14 376 000	15 375 000	16 666 000
Total Retained Equity	6 438 000	5 556 000	4 589 000	3 847 000
Total Equity	6 598 000	5 716 000	4 749 000	4 007 000
Total Long-Term Debt	7 235 000	8 269 000	10 301 000	12 339 000
Total Current Debt	403 000	391 000	324 000	321 000
Total Equity and Debt	14 237 000	14 376 000	15 375 000	16 666 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 978 000	2 054 000	2 148 000	1 781 000
Revenue	1 978 000	2 054 000	2 148 000	1 781 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	389 000	389 000	420 000	420 000
Impairment	0	0	0	0
Expenditure	612 000	581 000	860 000	685 000
Operating Profit	1 367 000	1 473 000	1 288 000	1 096 000
Financial Income	18 000	9 000	6 000	8 000
Financial Costs	253 000	242 000	342 000	420 000
Financial Balance	−235 000	−233 000	−336 000	−412 000
Dividends	0	0	0	0
Net Income	883 000	966 000	743 000	533 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 809 000	14 188 000	14 577 000	14 997 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 809 000	14 188 000	14 577 000	14 997 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 809 000	14 188 000	14 577 000	14 997 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	428 000	188 000	798 000	1 669 000
Total Assets	14 237 000	14 376 000	15 375 000	16 666 000
Total Equity	6 598 000	5 716 000	4 749 000	4 007 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 235 000	8 269 000	10 301 000	12 339 000
Creditors	48 000	6 000	0	28 000
Unpaid Taxes	71 000	79 000	76 000	71 000
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	1 000	35 000
Total Current Debt	403 000	391 000	324 000	321 000
Total Equity and Debt	14 237 000	14 376 000	15 375 000	16 666 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,38 %	16,9 %	15,65 %	13,3 %
Debt-to-Equity Ratio	1,1	1,45	2,17	3,08
Operating Profit Margin	69,11 %	71,71 %	59,96 %	61,54 %
Current Ratio	1,06	0,48	2,46	5,2
Quick Ratio	1,06	0,48	2,46	5,2
Equity Ratio	0,46	0,4	0,31	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %