KVITFJELL ALPINANLEGG AS

2634 FÅVANG

Finances

Return on Equity

14,08 %

Current Ratio

3,07

Debt-to-Equity Ratio

1,31

Key figures (NOK)	2023	2022	2021	2020
Revenue	83 250 000	77 194 000	54 935 000	51 731 000
Net Income	12 233 000	14 953 000	3 045 000	−909 000
Total Assets	230 756 000	235 507 000	200 749 000	175 142 000
Total Equity	86 856 000	86 401 000	86 658 000	83 613 000

Income (NOK)	2023	2022	2021	2020
Revenue	83 250 000	77 194 000	54 935 000	51 731 000
Expenditure	67 150 000	57 128 000	50 103 000	51 419 000
Operating Profit	16 101 000	20 066 000	4 831 000	312 000
Financial Income	1 641 000	274 000	332 000	359 000
Financial Costs	1 991 000	1 170 000	1 258 000	1 837 000
Financial Balance	−350 000	−896 000	−926 000	−1 478 000
Earnings Before Tax	15 750 000	19 170 000	3 905 000	−1 166 000
Tax	3 517 000	4 218 000	860 000	−257 000
Net Income	12 233 000	14 953 000	3 045 000	−909 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	137 770 000	137 726 000	141 749 000	143 376 000
Total Current Assets	92 986 000	97 781 000	59 000 000	31 766 000
Total Assets	230 756 000	235 507 000	200 749 000	175 142 000
Total Retained Equity	45 543 000	45 088 000	45 345 000	42 300 000
Total Equity	86 856 000	86 401 000	86 658 000	83 613 000
Total Long-Term Debt	113 562 000	117 238 000	105 714 000	84 216 000
Total Current Debt	30 338 000	31 867 000	8 377 000	7 313 000
Total Equity and Debt	230 756 000	235 507 000	200 749 000	175 142 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	74 791 000	68 785 000	45 317 000	44 951 000
Other Income	8 459 000	8 409 000	9 618 000	6 779 000
Revenue	83 250 000	77 194 000	54 935 000	51 731 000
Cost of Goods Sold	2 752 000	2 773 000	2 326 000	1 534 000
Salary Costs	22 767 000	19 459 000	16 451 000	18 062 000
Depreciation	13 456 000	11 018 000	12 307 000	11 674 000
Impairment	0	0	1 259 000	0
Expenditure	67 150 000	57 128 000	50 103 000	51 419 000
Operating Profit	16 101 000	20 066 000	4 831 000	312 000
Financial Income	1 641 000	274 000	332 000	359 000
Financial Costs	1 991 000	1 170 000	1 258 000	1 837 000
Financial Balance	−350 000	−896 000	−926 000	−1 478 000
Dividends	0	0	0	0
Net Income	12 233 000	14 953 000	3 045 000	−909 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	1 259 000
Total Intangible Assets	6 667 000	6 169 000	5 958 000	7 024 000
Real Eastate	109 342 000	111 998 000	115 430 000	119 017 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 614 000	19 411 000	19 255 000	17 216 000
Total Tangible Assets	130 956 000	131 409 000	134 685 000	136 233 000
Total Fiancial Fixed Assets	148 000	148 000	1 106 000	118 000
Total Fixed Assets	137 770 000	137 726 000	141 749 000	143 376 000
Stock	3 585 000	2 712 000	2 047 000	2 432 000
Total Investments	0	0	0	0
Cash, Bank	1 644 000	1 379 000	1 073 000	1 021 000
Total Current Assets	92 986 000	97 781 000	59 000 000	31 766 000
Total Assets	230 756 000	235 507 000	200 749 000	175 142 000
Total Equity	86 856 000	86 401 000	86 658 000	83 613 000
Short-Term Group Debt	15 984 000	19 507 000	214 000	25 000
Total Long-Term Debt	113 562 000	117 238 000	105 714 000	84 216 000
Creditors	2 353 000	1 248 000	1 225 000	2 055 000
Unpaid Taxes	4 476 000	3 682 000	1 568 000	1 060 000
Dividends	0	0	0	0
Other Current Debt	6 883 000	6 077 000	4 381 000	3 589 000
Total Current Debt	30 338 000	31 867 000	8 377 000	7 313 000
Total Equity and Debt	230 756 000	235 507 000	200 749 000	175 142 000

Financial indicators	2023	2022	2021	2020
Return on Equity	14,08 %	17,31 %	3,51 %	−1,09 %
Debt-to-Equity Ratio	1,31	1,36	1,22	1,01
Operating Profit Margin	19,34 %	25,99 %	8,79 %	0,6 %
Current Ratio	3,07	3,07	7,04	4,34
Quick Ratio	3,48	3,35	9,32	6,51
Equity Ratio	0,38	0,37	0,43	0,48
Gross Profit Margin	96,69 %	96,41 %	95,77 %	97,03 %