KVITUNGEVEGEN BORETTSLAG

9100 KVALØYSLETTA

Finances

Share Ownership

Return on Equity

10,57 %

Current Ratio

3,13

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	850 000	828 000	829 000	808 000
Net Income	398 000	129 000	138 000	375 000
Total Assets	6 461 000	6 299 000	6 395 000	6 475 000
Total Equity	3 766 000	3 368 000	3 239 000	3 101 000

Income (NOK)	2022	2021	2020	2019
Revenue	850 000	828 000	829 000	808 000
Expenditure	433 000	681 000	665 000	395 000
Operating Profit	417 000	147 000	164 000	413 000
Financial Income	8 000	1 000	2 000	4 000
Financial Costs	27 000	19 000	28 000	42 000
Financial Balance	−19 000	−18 000	−26 000	−38 000
Earnings Before Tax	417 000	147 000	164 000	413 000
Tax	0	0	0	0
Net Income	398 000	129 000	138 000	375 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 875 000	5 825 000	5 825 000	5 775 000
Total Current Assets	586 000	474 000	571 000	700 000
Total Assets	6 461 000	6 299 000	6 395 000	6 475 000
Total Retained Equity	3 367 000	3 238 000	3 100 000	2 725 000
Total Equity	3 766 000	3 368 000	3 239 000	3 101 000
Total Long-Term Debt	2 508 000	2 741 000	2 976 000	3 205 000
Total Current Debt	187 000	190 000	180 000	169 000
Total Equity and Debt	6 461 000	6 299 000	6 395 000	6 475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	850 000	828 000	829 000	808 000
Revenue	850 000	828 000	829 000	808 000
Cost of Goods Sold	0	0	0	0
Salary Costs	52 000	50 000	74 000	53 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	433 000	681 000	665 000	395 000
Operating Profit	417 000	147 000	164 000	413 000
Financial Income	8 000	1 000	2 000	4 000
Financial Costs	27 000	19 000	28 000	42 000
Financial Balance	−19 000	−18 000	−26 000	−38 000
Dividends	0	0	0	0
Net Income	398 000	129 000	138 000	375 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 775 000	5 775 000	5 775 000	5 775 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 775 000	5 775 000	5 775 000	5 775 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 875 000	5 825 000	5 825 000	5 775 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	503 000	391 000	485 000	622 000
Total Current Assets	586 000	474 000	571 000	700 000
Total Assets	6 461 000	6 299 000	6 395 000	6 475 000
Total Equity	3 766 000	3 368 000	3 239 000	3 101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 508 000	2 741 000	2 976 000	3 205 000
Creditors	80 000	84 000	75 000	62 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	107 000	106 000	105 000	107 000
Total Current Debt	187 000	190 000	180 000	169 000
Total Equity and Debt	6 461 000	6 299 000	6 395 000	6 475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,57 %	3,83 %	4,26 %	12,09 %
Debt-to-Equity Ratio	0,67	0,81	0,92	1,03
Operating Profit Margin	49,06 %	17,75 %	19,78 %	51,11 %
Current Ratio	3,13	2,49	3,17	4,14
Quick Ratio	3,13	2,49	3,17	4,14
Equity Ratio	0,58	0,53	0,51	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %