KITRON AS

4920 STAUBØ

Finances

Share Ownership

Return on Equity

23,68 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 093 247 000	1 058 350 000	980 068 000	850 957 000
Net Income	51 115 000	55 064 000	46 279 000	33 637 000
Total Assets	1 213 366 000	962 820 000	756 654 000	607 581 000
Total Equity	215 857 000	189 741 000	174 678 000	143 219 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 093 247 000	1 058 350 000	980 068 000	850 957 000
Expenditure	1 020 910 000	980 074 000	910 453 000	806 942 000
Operating Profit	72 337 000	78 276 000	69 615 000	44 015 000
Financial Income	2 992 000	177 000	446 000	1 760 000
Financial Costs	9 654 000	8 112 000	7 166 000	7 922 000
Financial Balance	−6 662 000	−7 935 000	−6 720 000	−6 162 000
Earnings Before Tax	65 675 000	70 341 000	62 895 000	37 853 000
Tax	14 560 000	15 277 000	16 616 000	4 216 000
Net Income	51 115 000	55 064 000	46 279 000	33 637 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 850 000	55 247 000	54 062 000	68 726 000
Total Current Assets	1 150 516 000	907 573 000	702 592 000	538 855 000
Total Assets	1 213 366 000	962 820 000	756 654 000	607 581 000
Total Retained Equity	167 958 000	141 842 000	126 779 000	95 320 000
Total Equity	215 857 000	189 741 000	174 678 000	143 219 000
Total Long-Term Debt	39 882 000	27 291 000	23 165 000	18 722 000
Total Current Debt	957 627 000	745 787 000	558 812 000	445 641 000
Total Equity and Debt	1 213 366 000	962 820 000	756 655 000	607 582 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 093 247 000	1 058 350 000	980 068 000	850 957 000
Other Income	0	0	0	0
Revenue	1 093 247 000	1 058 350 000	980 068 000	850 957 000
Cost of Goods Sold	668 148 000	648 674 000	608 285 000	533 181 000
Salary Costs	255 686 000	250 498 000	226 446 000	201 488 000
Depreciation	12 038 000	11 431 000	11 542 000	11 290 000
Impairment	0	0	0	0
Expenditure	1 020 910 000	980 074 000	910 453 000	806 942 000
Operating Profit	72 337 000	78 276 000	69 615 000	44 015 000
Financial Income	2 992 000	177 000	446 000	1 760 000
Financial Costs	9 654 000	8 112 000	7 166 000	7 922 000
Financial Balance	−6 662 000	−7 935 000	−6 720 000	−6 162 000
Dividends	25 000 000	40 000 000	0	20 000 000
Net Income	51 115 000	55 064 000	46 279 000	33 637 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	33 000	19 000	14 807 000
Real Eastate	20 613 000	24 173 000	27 709 000	31 896 000
Machinery and Plant Facilities	42 237 000	31 041 000	26 334 000	22 023 000
Fixtures	0	0	0	0
Total Tangible Assets	62 850 000	55 214 000	54 043 000	53 919 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	62 850 000	55 247 000	54 062 000	68 726 000
Stock	302 039 000	243 567 000	247 301 000	168 859 000
Total Investments	0	0	0	0
Cash, Bank	0	0	2 000	11 000
Total Current Assets	1 150 516 000	907 573 000	702 592 000	538 855 000
Total Assets	1 213 366 000	962 820 000	756 654 000	607 581 000
Total Equity	215 857 000	189 741 000	174 678 000	143 219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 882 000	27 291 000	23 165 000	18 722 000
Creditors	384 378 000	281 114 000	211 416 000	157 743 000
Unpaid Taxes	35 692 000	34 252 000	20 353 000	24 423 000
Dividends	25 000 000	40 000 000	0	20 000 000
Other Current Debt	236 177 000	123 731 000	130 288 000	50 846 000
Total Current Debt	957 627 000	745 787 000	558 812 000	445 641 000
Total Equity and Debt	1 213 366 000	962 820 000	756 655 000	607 582 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,68 %	29,02 %	26,49 %	23,49 %
Debt-to-Equity Ratio	0,18	0,14	0,13	0,13
Operating Profit Margin	6,62 %	7,4 %	7,1 %	5,17 %
Current Ratio	1,2	1,22	1,26	1,21
Quick Ratio	1,75	1,81	2,26	1,95
Equity Ratio	0,18	0,2	0,23	0,24
Gross Profit Margin	38,88 %	38,71 %	37,93 %	37,34 %