KVITSØY EDELSKJELL AS

4180 KVITSØY

Finances

Share Ownership

Return on Equity

18,75 %

Current Ratio

33,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 553 000	1 676 000	442 000	2 491 000
Net Income	1 776 000	−804 000	−962 000	1 396 000
Total Assets	9 761 000	5 203 000	4 923 000	4 529 000
Total Equity	9 471 000	4 377 000	4 669 000	3 876 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 553 000	1 676 000	442 000	2 491 000
Expenditure	727 000	2 625 000	1 889 000	1 219 000
Operating Profit	826 000	−948 000	−1 457 000	1 247 000
Financial Income	14 000	3 000	1 000	3 000
Financial Costs	0	3 000	0	0
Financial Balance	14 000	0	1 000	3 000
Earnings Before Tax	840 000	−948 000	−1 457 000	1 250 000
Tax	−936 000	−144 000	−495 000	−146 000
Net Income	1 776 000	−804 000	−962 000	1 396 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	134 000	143 000	152 000	161 000
Total Current Assets	9 627 000	5 060 000	4 771 000	4 368 000
Total Assets	9 761 000	5 203 000	4 923 000	4 529 000
Total Retained Equity	1 406 000	−370 000	434 000	1 396 000
Total Equity	9 471 000	4 377 000	4 669 000	3 876 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	290 000	826 000	253 000	653 000
Total Equity and Debt	9 761 000	5 203 000	4 923 000	4 529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 247 000	612 000	432 000	403 000
Other Income	306 000	1 064 000	10 000	2 087 000
Revenue	1 553 000	1 676 000	442 000	2 491 000
Cost of Goods Sold	155 000	863 000	774 000	774 000
Salary Costs	445 000	1 211 000	934 000	367 000
Depreciation	9 000	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	727 000	2 625 000	1 889 000	1 219 000
Operating Profit	826 000	−948 000	−1 457 000	1 247 000
Financial Income	14 000	3 000	1 000	3 000
Financial Costs	0	3 000	0	0
Financial Balance	14 000	0	1 000	3 000
Dividends	0	0	0	0
Net Income	1 776 000	−804 000	−962 000	1 396 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	25 000	25 000	25 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	109 000	118 000	127 000	136 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	134 000	143 000	152 000	161 000
Stock	10 000	10 000	40 000	50 000
Total Investments	0	0	0	0
Cash, Bank	677 000	251 000	469 000	2 288 000
Total Current Assets	9 627 000	5 060 000	4 771 000	4 368 000
Total Assets	9 761 000	5 203 000	4 923 000	4 529 000
Total Equity	9 471 000	4 377 000	4 669 000	3 876 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	89 000	702 000	71 000	599 000
Unpaid Taxes	154 000	51 000	57 000	20 000
Dividends	0	0	0	0
Other Current Debt	48 000	73 000	125 000	34 000
Total Current Debt	290 000	826 000	253 000	653 000
Total Equity and Debt	9 761 000	5 203 000	4 923 000	4 529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,75 %	−18,37 %	−20,6 %	36,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	53,19 %	−56,56 %	−329,64 %	50,06 %
Current Ratio	33,2	6,13	18,86	6,69
Quick Ratio	34,38	6,2	22,4	7,24
Equity Ratio	0,97	0,84	0,95	0,86
Gross Profit Margin	90,02 %	48,51 %	−75,11 %	68,93 %