KVITEBJØRN VARME AS

9018 TROMSØ

Finances

Share Ownership

Return on Equity

3,55 %

Current Ratio

0,8

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	185 684 000	178 383 000	156 782 000	178 665 000
Net Income	25 750 000	34 799 000	20 900 000	32 651 000
Total Assets	890 749 000	783 512 000	724 089 000	676 920 000
Total Equity	725 547 000	95 576 000	60 777 000	39 876 000

Income (NOK)	2022	2021	2020	2019
Revenue	185 684 000	178 383 000	156 782 000	178 665 000
Expenditure	129 943 000	111 366 000	110 759 000	115 945 000
Operating Profit	55 739 000	67 017 000	46 024 000	62 719 000
Financial Income	5 782 000	437 000	1 730 000	49 000
Financial Costs	28 404 000	22 749 000	20 886 000	20 872 000
Financial Balance	−22 622 000	−22 312 000	−19 156 000	−20 823 000
Earnings Before Tax	33 118 000	44 705 000	26 868 000	41 897 000
Tax	7 368 000	9 905 000	5 968 000	9 246 000
Net Income	25 750 000	34 799 000	20 900 000	32 651 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	777 761 000	676 772 000	648 534 000	594 736 000
Total Current Assets	112 988 000	106 741 000	75 556 000	82 184 000
Total Assets	890 749 000	783 512 000	724 089 000	676 920 000
Total Retained Equity	60 671 000	55 700 000	20 900 000	0
Total Equity	725 547 000	95 576 000	60 777 000	39 876 000
Total Long-Term Debt	23 868 000	647 485 000	627 652 000	571 684 000
Total Current Debt	141 335 000	40 451 000	35 661 000	65 360 000
Total Equity and Debt	890 749 000	783 512 000	724 089 000	676 920 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	180 199 000	173 779 000	152 973 000	174 689 000
Other Income	5 485 000	4 605 000	3 809 000	3 976 000
Revenue	185 684 000	178 383 000	156 782 000	178 665 000
Cost of Goods Sold	49 766 000	41 897 000	31 426 000	44 711 000
Salary Costs	20 446 000	19 483 000	17 669 000	19 233 000
Depreciation	27 704 000	20 193 000	32 765 000	24 178 000
Impairment	0	0	0	0
Expenditure	129 943 000	111 366 000	110 759 000	115 945 000
Operating Profit	55 739 000	67 017 000	46 024 000	62 719 000
Financial Income	5 782 000	437 000	1 730 000	49 000
Financial Costs	28 404 000	22 749 000	20 886 000	20 872 000
Financial Balance	−22 622 000	−22 312 000	−19 156 000	−20 823 000
Dividends	0	0	0	32 651 000
Net Income	25 750 000	34 799 000	20 900 000	32 651 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	323 000	127 000
Real Eastate	770 148 000	673 741 000	645 971 000	592 870 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	905 000	0	270 000	352 000
Total Tangible Assets	771 053 000	673 741 000	646 241 000	593 222 000
Total Fiancial Fixed Assets	6 708 000	3 031 000	1 970 000	1 388 000
Total Fixed Assets	777 761 000	676 772 000	648 534 000	594 736 000
Stock	6 026 000	6 021 000	4 488 000	4 972 000
Total Investments	0	0	0	0
Cash, Bank	21 505 000	44 937 000	24 062 000	36 655 000
Total Current Assets	112 988 000	106 741 000	75 556 000	82 184 000
Total Assets	890 749 000	783 512 000	724 089 000	676 920 000
Total Equity	725 547 000	95 576 000	60 777 000	39 876 000
Short-Term Group Debt	86 640 000	0	0	0
Total Long-Term Debt	23 868 000	647 485 000	627 652 000	571 684 000
Creditors	40 093 000	17 871 000	24 499 000	13 723 000
Unpaid Taxes	978 000	3 778 000	1 189 000	1 963 000
Dividends	0	0	0	32 651 000
Other Current Debt	13 499 000	13 730 000	9 973 000	13 089 000
Total Current Debt	141 335 000	40 451 000	35 661 000	65 360 000
Total Equity and Debt	890 749 000	783 512 000	724 089 000	676 920 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,55 %	36,41 %	34,39 %	81,88 %
Debt-to-Equity Ratio	0,03	6,77	10,33	14,34
Operating Profit Margin	30,02 %	37,57 %	29,36 %	35,1 %
Current Ratio	0,8	2,64	2,12	1,26
Quick Ratio	0,84	3,1	2,42	1,36
Equity Ratio	0,81	0,12	0,08	0,06
Gross Profit Margin	73,2 %	76,51 %	79,96 %	74,97 %