KVITÅVATN FJELLHYTTER AS

3660 RJUKAN

Finances

Return on Equity

1,06 %

Current Ratio

6,24

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 477 000	4 658 000	4 270 000	4 270 000
Net Income	229 000	3 296 000	2 735 000	2 600 000
Total Assets	23 636 000	24 296 000	23 218 000	21 740 000
Total Equity	21 503 000	21 274 000	20 778 000	19 043 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 477 000	4 658 000	4 270 000	4 270 000
Expenditure	1 388 000	380 000	798 000	982 000
Operating Profit	4 089 000	3 834 000	3 471 000	3 288 000
Financial Income	9 000	1 883 000	41 000	45 000
Financial Costs	2 967 000	1 537 000	2 000	0
Financial Balance	−2 958 000	346 000	39 000	45 000
Earnings Before Tax	1 130 000	4 181 000	3 510 000	3 333 000
Tax	901 000	884 000	775 000	733 000
Net Income	229 000	3 296 000	2 735 000	2 600 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 940 000	15 299 000	16 968 000	17 690 000
Total Current Assets	8 696 000	8 997 000	6 250 000	4 051 000
Total Assets	23 636 000	24 296 000	23 218 000	21 740 000
Total Retained Equity	17 003 000	16 774 000	16 278 000	14 543 000
Total Equity	21 503 000	21 274 000	20 778 000	19 043 000
Total Long-Term Debt	741 000	650 000	645 000	546 000
Total Current Debt	1 393 000	2 372 000	1 795 000	2 151 000
Total Equity and Debt	23 636 000	24 296 000	23 218 000	21 740 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 477 000	4 658 000	4 270 000	4 270 000
Revenue	5 477 000	4 658 000	4 270 000	4 270 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	11 000	0	4 000
Depreciation	359 000	369 000	372 000	373 000
Impairment	0	0	0	0
Expenditure	1 388 000	380 000	798 000	982 000
Operating Profit	4 089 000	3 834 000	3 471 000	3 288 000
Financial Income	9 000	1 883 000	41 000	45 000
Financial Costs	2 967 000	1 537 000	2 000	0
Financial Balance	−2 958 000	346 000	39 000	45 000
Dividends	0	2 800 000	1 000 000	12 101 000
Net Income	229 000	3 296 000	2 735 000	2 600 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 056 000	14 410 000	14 765 000	15 119 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	5 000	19 000	37 000
Total Tangible Assets	14 056 000	14 415 000	14 783 000	15 156 000
Total Fiancial Fixed Assets	885 000	885 000	2 185 000	2 534 000
Total Fixed Assets	14 940 000	15 299 000	16 968 000	17 690 000
Stock	0	0	0	0
Total Investments	3 709 000	4 817 000	0	0
Cash, Bank	4 219 000	3 485 000	5 724 000	3 539 000
Total Current Assets	8 696 000	8 997 000	6 250 000	4 051 000
Total Assets	23 636 000	24 296 000	23 218 000	21 740 000
Total Equity	21 503 000	21 274 000	20 778 000	19 043 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	741 000	650 000	645 000	546 000
Creditors	2 000	4 000	2 000	0
Unpaid Taxes	93 000	88 000	30 000	87 000
Dividends	0	2 800 000	1 000 000	12 101 000
Other Current Debt	400 000	2 000	0	0
Total Current Debt	1 393 000	2 372 000	1 795 000	2 151 000
Total Equity and Debt	23 636 000	24 296 000	23 218 000	21 740 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,06 %	15,49 %	13,16 %	13,65 %
Debt-to-Equity Ratio	0,03	0,03	0,03	0,03
Operating Profit Margin	74,66 %	82,31 %	81,29 %	77 %
Current Ratio	6,24	3,79	3,48	1,88
Quick Ratio	6,24	3,79	3,48	1,88
Equity Ratio	0,91	0,88	0,89	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %