KITTILSVIKEN SKOG AS

3539 FLÅ

Finances

Share Ownership

Return on Equity

57,68 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 025 000	3 067 000	2 607 000	2 069 000
Net Income	1 671 000	6 000	81 000	−72 000
Total Assets	4 058 000	2 064 000	2 195 000	2 413 000
Total Equity	2 897 000	1 227 000	1 221 000	1 140 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 025 000	3 067 000	2 607 000	2 069 000
Expenditure	3 883 000	3 035 000	2 448 000	2 080 000
Operating Profit	2 142 000	31 000	158 000	−12 000
Financial Income	0	0	0	0
Financial Costs	1 000	24 000	55 000	81 000
Financial Balance	−1 000	−24 000	−55 000	−81 000
Earnings Before Tax	2 142 000	7 000	103 000	−92 000
Tax	471 000	2 000	23 000	−20 000
Net Income	1 671 000	6 000	81 000	−72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 268 000	1 605 000	2 080 000	2 283 000
Total Current Assets	1 790 000	459 000	115 000	131 000
Total Assets	4 058 000	2 064 000	2 195 000	2 413 000
Total Retained Equity	2 797 000	1 127 000	1 121 000	1 040 000
Total Equity	2 897 000	1 227 000	1 221 000	1 140 000
Total Long-Term Debt	300 000	55 000	233 000	893 000
Total Current Debt	861 000	782 000	741 000	380 000
Total Equity and Debt	4 058 000	2 064 000	2 195 000	2 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 026 000	3 067 000	2 171 000	2 069 000
Other Income	999 000	0	436 000	0
Revenue	6 025 000	3 067 000	2 607 000	2 069 000
Cost of Goods Sold	133 000	47 000	474 000	13 000
Salary Costs	1 160 000	1 004 000	348 000	513 000
Depreciation	44 000	395 000	608 000	653 000
Impairment	0	0	0	0
Expenditure	3 883 000	3 035 000	2 448 000	2 080 000
Operating Profit	2 142 000	31 000	158 000	−12 000
Financial Income	0	0	0	0
Financial Costs	1 000	24 000	55 000	81 000
Financial Balance	−1 000	−24 000	−55 000	−81 000
Dividends	0	0	0	0
Net Income	1 671 000	6 000	81 000	−72 000

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	28 000	614 000	1 002 000	2 268 000
Fixtures	117 000	104 000	9 000	15 000
Total Tangible Assets	145 000	719 000	1 010 000	2 283 000
Total Fiancial Fixed Assets	2 123 000	886 000	1 069 000	0
Total Fixed Assets	2 268 000	1 605 000	2 080 000	2 283 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	879 000	33 000	15 000	15 000
Total Current Assets	1 790 000	459 000	115 000	131 000
Total Assets	4 058 000	2 064 000	2 195 000	2 413 000
Total Equity	2 897 000	1 227 000	1 221 000	1 140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	300 000	55 000	233 000	893 000
Creditors	196 000	113 000	202 000	59 000
Unpaid Taxes	247 000	136 000	329 000	80 000
Dividends	0	0	0	0
Other Current Debt	192 000	240 000	99 000	47 000
Total Current Debt	861 000	782 000	741 000	380 000
Total Equity and Debt	4 058 000	2 064 000	2 195 000	2 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,68 %	0,49 %	6,63 %	−6,32 %
Debt-to-Equity Ratio	0,1	0,04	0,19	0,78
Operating Profit Margin	35,55 %	1,01 %	6,06 %	−0,58 %
Current Ratio	2,08	0,59	0,16	0,34
Quick Ratio	2,08	0,59	0,16	0,34
Equity Ratio	0,71	0,59	0,56	0,47
Gross Profit Margin	97,79 %	98,47 %	81,82 %	99,37 %