KVITFJELL EIENDOM AS

2634 FÅVANG

Finances

Share Ownership

Return on Equity

−11,02 %

Current Ratio

7,07

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 839 000	1 910 000	1 989 000	2 912 000
Net Income	−2 318 000	−2 196 000	−1 071 000	−488 000
Total Assets	27 342 000	28 651 000	30 367 000	30 992 000
Total Equity	21 025 000	21 222 000	21 771 000	22 037 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 839 000	1 910 000	1 989 000	2 912 000
Expenditure	4 719 000	4 651 000	3 257 000	3 473 000
Operating Profit	−2 881 000	−2 741 000	−1 268 000	−560 000
Financial Income	18 000	2 000	8 000	85 000
Financial Costs	109 000	77 000	113 000	151 000
Financial Balance	−91 000	−75 000	−105 000	−66 000
Earnings Before Tax	−2 972 000	−2 816 000	−1 373 000	−626 000
Tax	−654 000	−619 000	−302 000	−138 000
Net Income	−2 318 000	−2 196 000	−1 071 000	−488 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 331 000	23 172 000	24 270 000	25 273 000
Total Current Assets	5 011 000	5 479 000	6 097 000	5 719 000
Total Assets	27 342 000	28 651 000	30 367 000	30 992 000
Total Retained Equity	−5 479 000	−5 281 000	−4 733 000	−4 467 000
Total Equity	21 025 000	21 222 000	21 771 000	22 037 000
Total Long-Term Debt	5 609 000	6 291 000	6 841 000	4 813 000
Total Current Debt	709 000	1 138 000	1 755 000	4 143 000
Total Equity and Debt	27 342 000	28 651 000	30 367 000	30 992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 141 000	1 066 000	1 094 000	1 094 000
Other Income	698 000	844 000	895 000	1 818 000
Revenue	1 839 000	1 910 000	1 989 000	2 912 000
Cost of Goods Sold	1 003 000	875 000	888 000	712 000
Salary Costs	0	0	0	0
Depreciation	896 000	1 104 000	1 107 000	1 464 000
Impairment	0	0	0	0
Expenditure	4 719 000	4 651 000	3 257 000	3 473 000
Operating Profit	−2 881 000	−2 741 000	−1 268 000	−560 000
Financial Income	18 000	2 000	8 000	85 000
Financial Costs	109 000	77 000	113 000	151 000
Financial Balance	−91 000	−75 000	−105 000	−66 000
Dividends	0	0	0	0
Net Income	−2 318 000	−2 196 000	−1 071 000	−488 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 586 000	2 530 000	2 375 000	2 300 000
Real Eastate	19 487 000	20 381 000	21 631 000	22 707 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	259 000	261 000	263 000	265 000
Total Tangible Assets	19 745 000	20 642 000	21 894 000	22 972 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 331 000	23 172 000	24 270 000	25 273 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	879 000	2 022 000	2 104 000	1 197 000
Total Current Assets	5 011 000	5 479 000	6 097 000	5 719 000
Total Assets	27 342 000	28 651 000	30 367 000	30 992 000
Total Equity	21 025 000	21 222 000	21 771 000	22 037 000
Short-Term Group Debt	0	0	14 000	2 431 000
Total Long-Term Debt	5 609 000	6 291 000	6 841 000	4 813 000
Creditors	323 000	839 000	1 342 000	1 355 000
Unpaid Taxes	0	0	162 000	0
Dividends	0	0	0	0
Other Current Debt	386 000	299 000	238 000	335 000
Total Current Debt	709 000	1 138 000	1 755 000	4 143 000
Total Equity and Debt	27 342 000	28 651 000	30 367 000	30 992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,02 %	−10,35 %	−4,92 %	−2,21 %
Debt-to-Equity Ratio	0,27	0,3	0,31	0,22
Operating Profit Margin	−156,66 %	−143,51 %	−63,75 %	−19,23 %
Current Ratio	7,07	4,81	3,47	1,38
Quick Ratio	7,07	4,81	3,47	1,38
Equity Ratio	0,77	0,74	0,72	0,71
Gross Profit Margin	45,46 %	54,19 %	55,35 %	75,55 %