KVITESEID TRANSPORTSERVICE AS

3850 KVITESEID

Finances

Return on Equity

45,11 %

Current Ratio

1,01

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 251 000	6 552 000	3 861 000	8 476 000
Net Income	120 000	254 000	−830 000	264 000
Total Assets	1 874 000	2 624 000	2 751 000	3 161 000
Total Equity	266 000	146 000	−107 000	723 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 251 000	6 552 000	3 861 000	8 476 000
Expenditure	10 040 000	6 220 000	4 739 000	8 013 000
Operating Profit	210 000	332 000	−879 000	463 000
Financial Income	23 000	26 000	39 000	33 000
Financial Costs	93 000	98 000	143 000	157 000
Financial Balance	−70 000	−72 000	−104 000	−124 000
Earnings Before Tax	140 000	260 000	−982 000	339 000
Tax	21 000	7 000	−152 000	75 000
Net Income	120 000	254 000	−830 000	264 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	306 000	343 000	835 000	1 462 000
Total Current Assets	1 568 000	2 281 000	1 916 000	1 699 000
Total Assets	1 874 000	2 624 000	2 751 000	3 161 000
Total Retained Equity	166 000	46 000	−207 000	623 000
Total Equity	266 000	146 000	−107 000	723 000
Total Long-Term Debt	56 000	466 000	1 187 000	1 298 000
Total Current Debt	1 552 000	2 012 000	1 672 000	1 140 000
Total Equity and Debt	1 874 000	2 624 000	2 751 000	3 161 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 251 000	6 156 000	3 542 000	8 086 000
Other Income	0	396 000	319 000	390 000
Revenue	10 251 000	6 552 000	3 861 000	8 476 000
Cost of Goods Sold	622 000	411 000	29 000	80 000
Salary Costs	2 056 000	1 429 000	1 121 000	2 323 000
Depreciation	36 000	264 000	626 000	626 000
Impairment	0	0	0	0
Expenditure	10 040 000	6 220 000	4 739 000	8 013 000
Operating Profit	210 000	332 000	−879 000	463 000
Financial Income	23 000	26 000	39 000	33 000
Financial Costs	93 000	98 000	143 000	157 000
Financial Balance	−70 000	−72 000	−104 000	−124 000
Dividends	0	0	0	0
Net Income	120 000	254 000	−830 000	264 000

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	225 000	238 000	835 000	1 462 000
Total Tangible Assets	225 000	238 000	835 000	1 462 000
Total Fiancial Fixed Assets	81 000	105 000	0	0
Total Fixed Assets	306 000	343 000	835 000	1 462 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	119 000	132 000	20 000	71 000
Total Current Assets	1 568 000	2 281 000	1 916 000	1 699 000
Total Assets	1 874 000	2 624 000	2 751 000	3 161 000
Total Equity	266 000	146 000	−107 000	723 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	56 000	466 000	1 187 000	1 298 000
Creditors	924 000	915 000	702 000	272 000
Unpaid Taxes	167 000	195 000	83 000	310 000
Dividends	0	0	0	0
Other Current Debt	388 000	820 000	823 000	503 000
Total Current Debt	1 552 000	2 012 000	1 672 000	1 140 000
Total Equity and Debt	1 874 000	2 624 000	2 751 000	3 161 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,11 %	173,97 %	775,7 %	36,51 %
Debt-to-Equity Ratio	0,21	3,19	−11,09	1,8
Operating Profit Margin	2,05 %	5,07 %	−22,77 %	5,46 %
Current Ratio	1,01	1,13	1,15	1,49
Quick Ratio	1,01	1,13	1,15	1,49
Equity Ratio	0,14	0,06	−0,04	0,23
Gross Profit Margin	93,93 %	93,73 %	99,25 %	99,06 %