SIGURD KITTILSLAND AS

3514 HØNEFOSS

Finances

Share Ownership

Return on Equity

81,1 %

Current Ratio

0,15

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	587 000	501 000	712 000	796 000
Net Income	−103 000	−17 000	−121 000	−112 000
Total Assets	30 000	105 000	269 000	379 000
Total Equity	−127 000	−24 000	−7 000	115 000

Income (NOK)	2022	2021	2020	2019
Revenue	587 000	501 000	712 000	796 000
Expenditure	691 000	519 000	832 000	871 000
Operating Profit	−104 000	−18 000	−120 000	−76 000
Financial Income	6 000	6 000	5 000	4 000
Financial Costs	5 000	5 000	6 000	7 000
Financial Balance	1 000	1 000	−1 000	−3 000
Earnings Before Tax	−103 000	−17 000	−121 000	−78 000
Tax	0	0	0	34 000
Net Income	−103 000	−17 000	−121 000	−112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	25 000	100 000	171 000
Total Current Assets	23 000	80 000	169 000	208 000
Total Assets	30 000	105 000	269 000	379 000
Total Retained Equity	−157 000	−54 000	−37 000	85 000
Total Equity	−127 000	−24 000	−7 000	115 000
Total Long-Term Debt	0	18 000	63 000	102 000
Total Current Debt	156 000	111 000	213 000	163 000
Total Equity and Debt	30 000	105 000	269 000	379 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	587 000	501 000	712 000	796 000
Other Income	0	0	0	0
Revenue	587 000	501 000	712 000	796 000
Cost of Goods Sold	68 000	39 000	83 000	89 000
Salary Costs	248 000	143 000	363 000	313 000
Depreciation	19 000	67 000	94 000	119 000
Impairment	0	0	0	0
Expenditure	691 000	519 000	832 000	871 000
Operating Profit	−104 000	−18 000	−120 000	−76 000
Financial Income	6 000	6 000	5 000	4 000
Financial Costs	5 000	5 000	6 000	7 000
Financial Balance	1 000	1 000	−1 000	−3 000
Dividends	0	0	0	0
Net Income	−103 000	−17 000	−121 000	−112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	25 000	92 000	171 000
Total Tangible Assets	6 000	25 000	92 000	171 000
Total Fiancial Fixed Assets	0	0	9 000	0
Total Fixed Assets	6 000	25 000	100 000	171 000
Stock	0	48 000	48 000	71 000
Total Investments	0	0	0	0
Cash, Bank	17 000	1 000	49 000	23 000
Total Current Assets	23 000	80 000	169 000	208 000
Total Assets	30 000	105 000	269 000	379 000
Total Equity	−127 000	−24 000	−7 000	115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	18 000	63 000	102 000
Creditors	8 000	5 000	62 000	45 000
Unpaid Taxes	58 000	57 000	90 000	80 000
Dividends	0	0	0	0
Other Current Debt	29 000	49 000	62 000	39 000
Total Current Debt	156 000	111 000	213 000	163 000
Total Equity and Debt	30 000	105 000	269 000	379 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,1 %	70,83 %	1 728,57 %	−97,39 %
Debt-to-Equity Ratio	−0	−0,75	−9	0,89
Operating Profit Margin	−17,72 %	−3,59 %	−16,85 %	−9,55 %
Current Ratio	0,15	0,72	0,79	1,28
Quick Ratio	0,15	1,27	1,02	2,26
Equity Ratio	−4,23	−0,23	−0,03	0,3
Gross Profit Margin	88,42 %	92,22 %	88,34 %	88,82 %