KVITESEID MOTORSERVICE AS

3850 KVITESEID

Finances

Share Ownership

Return on Equity

−326,15 %

Current Ratio

1,3

Debt-to-Equity Ratio

21,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 642 000	11 632 000	12 895 000	12 017 000
Net Income	−212 000	−934 000	−370 000	326 000
Total Assets	4 063 000	4 827 000	4 085 000	5 071 000
Total Equity	65 000	277 000	1 211 000	1 581 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 642 000	11 632 000	12 895 000	12 017 000
Expenditure	10 768 000	12 431 000	13 309 000	11 557 000
Operating Profit	−127 000	−799 000	−414 000	460 000
Financial Income	7 000	2 000	10 000	3 000
Financial Costs	92 000	137 000	65 000	43 000
Financial Balance	−85 000	−135 000	−55 000	−40 000
Earnings Before Tax	−212 000	−934 000	−469 000	420 000
Tax	0	0	−99 000	94 000
Net Income	−212 000	−934 000	−370 000	326 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	637 000	683 000	762 000	763 000
Total Current Assets	3 427 000	4 145 000	3 322 000	4 308 000
Total Assets	4 063 000	4 827 000	4 085 000	5 071 000
Total Retained Equity	−335 000	−123 000	811 000	1 181 000
Total Equity	65 000	277 000	1 211 000	1 581 000
Total Long-Term Debt	1 367 000	1 764 000	259 000	408 000
Total Current Debt	2 631 000	2 786 000	2 614 000	3 083 000
Total Equity and Debt	4 063 000	4 827 000	4 085 000	5 071 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 642 000	11 632 000	12 895 000	12 017 000
Other Income	0	0	0	0
Revenue	10 642 000	11 632 000	12 895 000	12 017 000
Cost of Goods Sold	8 230 000	9 378 000	10 701 000	9 834 000
Salary Costs	1 474 000	1 850 000	1 666 000	975 000
Depreciation	26 000	60 000	50 000	43 000
Impairment	0	0	0	0
Expenditure	10 768 000	12 431 000	13 309 000	11 557 000
Operating Profit	−127 000	−799 000	−414 000	460 000
Financial Income	7 000	2 000	10 000	3 000
Financial Costs	92 000	137 000	65 000	43 000
Financial Balance	−85 000	−135 000	−55 000	−40 000
Dividends	0	0	0	0
Net Income	−212 000	−934 000	−370 000	326 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 000	22 000	23 000	23 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	53 000	79 000	138 000	119 000
Total Tangible Assets	75 000	101 000	161 000	142 000
Total Fiancial Fixed Assets	562 000	582 000	602 000	622 000
Total Fixed Assets	637 000	683 000	762 000	763 000
Stock	1 538 000	1 456 000	1 313 000	1 219 000
Total Investments	0	0	0	0
Cash, Bank	835 000	825 000	401 000	1 482 000
Total Current Assets	3 427 000	4 145 000	3 322 000	4 308 000
Total Assets	4 063 000	4 827 000	4 085 000	5 071 000
Total Equity	65 000	277 000	1 211 000	1 581 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 367 000	1 764 000	259 000	408 000
Creditors	2 024 000	2 221 000	1 996 000	2 035 000
Unpaid Taxes	301 000	316 000	183 000	512 000
Dividends	0	0	0	0
Other Current Debt	306 000	249 000	435 000	442 000
Total Current Debt	2 631 000	2 786 000	2 614 000	3 083 000
Total Equity and Debt	4 063 000	4 827 000	4 085 000	5 071 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−326,15 %	−337,18 %	−30,55 %	20,62 %
Debt-to-Equity Ratio	21,03	6,37	0,21	0,26
Operating Profit Margin	−1,19 %	−6,87 %	−3,21 %	3,83 %
Current Ratio	1,3	1,49	1,27	1,4
Quick Ratio	3,14	3,12	2,55	2,31
Equity Ratio	0,02	0,06	0,3	0,31
Gross Profit Margin	22,66 %	19,38 %	17,01 %	18,17 %