KITRON ASA

1396 BILLINGSTAD

Finances

Return on Equity

19,06 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 486 734 000	3 711 373 000	3 963 876 000	3 299 416 000
Net Income	287 148 000	152 843 000	213 056 000	132 502 000
Total Assets	5 874 670 000	3 309 417 000	2 654 820 000	2 396 212 000
Total Equity	1 506 491 000	1 228 046 000	885 653 000	739 213 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 486 734 000	3 711 373 000	3 963 876 000	3 299 416 000
Expenditure	6 027 145 000	3 470 560 000	3 651 302 000	3 093 613 000
Operating Profit	459 589 000	240 813 000	312 574 000	205 803 000
Financial Income	17 406 000	3 878 000	10 896 000	4 211 000
Financial Costs	84 760 000	40 525 000	49 383 000	36 129 000
Financial Balance	−67 354 000	−36 647 000	−38 487 000	−31 918 000
Earnings Before Tax	392 235 000	204 166 000	274 087 000	173 885 000
Tax	105 087 000	51 323 000	61 031 000	37 079 000
Net Income	287 148 000	152 843 000	213 056 000	132 502 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 507 939 000	618 598 000	661 528 000	660 958 000
Total Current Assets	4 366 731 000	2 690 819 000	1 993 292 000	1 735 254 000
Total Assets	5 874 670 000	3 309 417 000	2 654 820 000	2 396 212 000
Total Retained Equity	694 099 000	415 722 000	411 685 000	265 245 000
Total Equity	1 506 491 000	1 228 046 000	885 653 000	739 213 000
Total Long-Term Debt	1 339 032 000	220 237 000	281 376 000	353 057 000
Total Current Debt	3 029 147 000	1 861 134 000	1 487 791 000	1 303 942 000
Total Equity and Debt	5 874 670 000	3 309 417 000	2 654 820 000	2 396 212 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 486 734 000	3 711 373 000	3 963 876 000	3 299 416 000
Other Income	0	0	0	0
Revenue	6 486 734 000	3 711 373 000	3 963 876 000	3 299 416 000
Cost of Goods Sold	4 442 268 000	2 453 318 000	2 652 825 000	2 220 203 000
Salary Costs	1 092 517 000	719 144 000	671 438 000	592 859 000
Depreciation	161 411 000	101 048 000	101 828 000	84 056 000
Impairment	0	0	0	0
Expenditure	6 027 145 000	3 470 560 000	3 651 302 000	3 093 613 000
Operating Profit	459 589 000	240 813 000	312 574 000	205 803 000
Financial Income	17 406 000	3 878 000	10 896 000	4 211 000
Financial Costs	84 760 000	40 525 000	49 383 000	36 129 000
Financial Balance	−67 354 000	−36 647 000	−38 487 000	−31 918 000
Dividends	0	0	0	0
Net Income	287 148 000	152 843 000	213 056 000	132 502 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	472 857 000	36 933 000	36 933 000	36 933 000
Total Intangible Assets	883 007 000	155 839 000	162 077 000	660 958 000
Real Eastate	277 200 000	204 728 000	225 716 000	0
Machinery and Plant Facilities	337 321 000	247 715 000	269 136 000	0
Fixtures	0	0	0	0
Total Tangible Assets	614 521 000	452 443 000	494 852 000	0
Total Fiancial Fixed Assets	10 411 000	10 316 000	4 599 000	0
Total Fixed Assets	1 507 939 000	618 598 000	661 528 000	660 958 000
Stock	1 815 489 000	880 297 000	544 977 000	445 600 000
Total Investments	0	0	0	0
Cash, Bank	272 699 000	428 036 000	152 572 000	203 976 000
Total Current Assets	4 366 731 000	2 690 819 000	1 993 292 000	1 735 254 000
Total Assets	5 874 670 000	3 309 417 000	2 654 820 000	2 396 212 000
Total Equity	1 506 491 000	1 228 046 000	885 653 000	739 213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 339 032 000	220 237 000	281 376 000	353 057 000
Creditors	2 018 591 000	917 779 000	702 370 000	514 430 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	301 054 000	131 058 000	128 093 000	126 471 000
Total Current Debt	3 029 147 000	1 861 134 000	1 487 791 000	1 303 942 000
Total Equity and Debt	5 874 670 000	3 309 417 000	2 654 820 000	2 396 212 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,06 %	12,45 %	24,06 %	17,92 %
Debt-to-Equity Ratio	0,89	0,18	0,32	0,48
Operating Profit Margin	7,09 %	6,49 %	7,89 %	6,24 %
Current Ratio	1,44	1,45	1,34	1,33
Quick Ratio	3,6	2,74	2,11	2,02
Equity Ratio	0,26	0,37	0,33	0,31
Gross Profit Margin	31,52 %	33,9 %	33,07 %	32,71 %