KVITO AS

3890 VINJE

Finances

Return on Equity

−5,18 %

Current Ratio

1,77

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 494 000	24 401 000	22 158 000	23 019 000
Net Income	−584 000	−823 000	981 000	71 000
Total Assets	13 141 000	22 296 000	15 856 000	15 007 000
Total Equity	11 273 000	11 857 000	12 680 000	11 699 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 494 000	24 401 000	22 158 000	23 019 000
Expenditure	5 109 000	25 275 000	21 232 000	23 001 000
Operating Profit	−615 000	−874 000	927 000	17 000
Financial Income	31 000	52 000	59 000	56 000
Financial Costs	0	1 000	4 000	2 000
Financial Balance	31 000	51 000	55 000	54 000
Earnings Before Tax	−584 000	−823 000	981 000	71 000
Tax	0	0	0	0
Net Income	−584 000	−823 000	981 000	71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 142 000	12 388 000	5 429 000	5 323 000
Total Current Assets	999 000	9 908 000	10 427 000	9 684 000
Total Assets	13 141 000	22 296 000	15 856 000	15 007 000
Total Retained Equity	7 477 000	8 061 000	8 884 000	7 902 000
Total Equity	11 273 000	11 857 000	12 680 000	11 699 000
Total Long-Term Debt	1 303 000	7 031 000	0	0
Total Current Debt	565 000	3 408 000	3 175 000	3 308 000
Total Equity and Debt	13 141 000	22 296 000	15 856 000	15 007 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 476 000	6 953 000	6 071 000	7 096 000
Other Income	3 018 000	17 449 000	16 087 000	15 923 000
Revenue	4 494 000	24 401 000	22 158 000	23 019 000
Cost of Goods Sold	413 000	3 081 000	1 870 000	2 495 000
Salary Costs	3 395 000	17 172 000	14 536 000	14 812 000
Depreciation	440 000	672 000	645 000	660 000
Impairment	0	0	0	0
Expenditure	5 109 000	25 275 000	21 232 000	23 001 000
Operating Profit	−615 000	−874 000	927 000	17 000
Financial Income	31 000	52 000	59 000	56 000
Financial Costs	0	1 000	4 000	2 000
Financial Balance	31 000	51 000	55 000	54 000
Dividends	0	0	0	0
Net Income	−584 000	−823 000	981 000	71 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	18 000	35 000
Total Intangible Assets	0	0	18 000	38 000
Real Eastate	3 650 000	4 065 000	4 265 000	4 661 000
Machinery and Plant Facilities	27 000	0	205 000	238 000
Fixtures	143 000	0	928 000	378 000
Total Tangible Assets	3 819 000	4 065 000	5 398 000	5 277 000
Total Fiancial Fixed Assets	8 323 000	8 323 000	13 000	8 000
Total Fixed Assets	12 142 000	12 388 000	5 429 000	5 323 000
Stock	0	948 000	1 187 000	764 000
Total Investments	0	0	0	0
Cash, Bank	718 000	6 574 000	7 057 000	6 804 000
Total Current Assets	999 000	9 908 000	10 427 000	9 684 000
Total Assets	13 141 000	22 296 000	15 856 000	15 007 000
Total Equity	11 273 000	11 857 000	12 680 000	11 699 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 303 000	7 031 000	0	0
Creditors	115 000	514 000	850 000	1 270 000
Unpaid Taxes	173 000	1 093 000	911 000	827 000
Dividends	0	0	0	0
Other Current Debt	276 000	1 802 000	1 414 000	1 211 000
Total Current Debt	565 000	3 408 000	3 175 000	3 308 000
Total Equity and Debt	13 141 000	22 296 000	15 856 000	15 007 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,18 %	−6,94 %	7,74 %	0,61 %
Debt-to-Equity Ratio	0,12	0,59	0	0
Operating Profit Margin	−13,68 %	−3,58 %	4,18 %	0,07 %
Current Ratio	1,77	2,91	3,28	2,93
Quick Ratio	1,77	4,03	5,24	3,81
Equity Ratio	0,86	0,53	0,8	0,78
Gross Profit Margin	90,81 %	87,37 %	91,56 %	89,16 %