KITTELSEN AS

4405 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

313,33 %

Current Ratio

0,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	430 000	311 000	375 000
Net Income	47 000	−80 000	18 000
Total Assets	1 921 000	1 298 000	1 492 000
Total Equity	15 000	−32 000	48 000

Income (NOK)	2022	2021	2020
Revenue	430 000	311 000	375 000
Expenditure	383 000	396 000	353 000
Operating Profit	47 000	−85 000	23 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	47 000	−85 000	23 000
Tax	0	−5 000	5 000
Net Income	47 000	−80 000	18 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 850 000	1 182 000	1 340 000
Total Current Assets	71 000	116 000	152 000
Total Assets	1 921 000	1 298 000	1 492 000
Total Retained Equity	−15 000	−62 000	18 000
Total Equity	15 000	−32 000	48 000
Total Long-Term Debt	0	0	5 000
Total Current Debt	1 906 000	1 330 000	1 439 000
Total Equity and Debt	1 921 000	1 298 000	1 492 000

Cash flow (NOK)	2022	2021	2020
Sales Income	370 000	231 000	300 000
Other Income	60 000	80 000	75 000
Revenue	430 000	311 000	375 000
Cost of Goods Sold	0	0	0
Salary Costs	1 000	37 000	32 000
Depreciation	157 000	157 000	157 000
Impairment	0	0	0
Expenditure	383 000	396 000	353 000
Operating Profit	47 000	−85 000	23 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	47 000	−80 000	18 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	30 000	44 000	59 000
Machinery and Plant Facilities	1 821 000	1 138 000	1 280 000
Fixtures	0	0	0
Total Tangible Assets	1 850 000	1 182 000	1 340 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 850 000	1 182 000	1 340 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	66 000	111 000	149 000
Total Current Assets	71 000	116 000	152 000
Total Assets	1 921 000	1 298 000	1 492 000
Total Equity	15 000	−32 000	48 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	5 000
Creditors	0	1 000	−2 000
Unpaid Taxes	0	0	3 000
Dividends	0	0	0
Other Current Debt	1 905 000	1 329 000	1 438 000
Total Current Debt	1 906 000	1 330 000	1 439 000
Total Equity and Debt	1 921 000	1 298 000	1 492 000

Financial indicators	2022	2021	2020
Return on Equity	313,33 %	250 %	37,5 %
Debt-to-Equity Ratio	0	−0	0,1
Operating Profit Margin	10,93 %	−27,33 %	6,13 %
Current Ratio	0,04	0,09	0,11
Quick Ratio	0,04	0,09	0,11
Equity Ratio	0,01	−0,02	0,03
Gross Profit Margin	100 %	100 %	100 %