KITECH AS

6392 VIKEBUKT

Finances

Share Ownership

Return on Equity

−0,79 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 376 000	758 000	1 162 000	1 195 000
Net Income	−10 000	−224 000	−64 000	−190 000
Total Assets	2 456 000	2 377 000	2 531 000	2 855 000
Total Equity	1 263 000	1 273 000	1 496 000	1 560 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 376 000	758 000	1 162 000	1 195 000
Expenditure	1 370 000	1 160 000	1 448 000	1 439 000
Operating Profit	−13 000	−286 000	−81 000	−244 000
Financial Income	0	0	0	1 000
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	1 000
Earnings Before Tax	−13 000	−287 000	−82 000	−244 000
Tax	−3 000	−63 000	−18 000	−54 000
Net Income	−10 000	−224 000	−64 000	−190 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 111 000	1 202 000	1 238 000	1 324 000
Total Current Assets	1 345 000	1 175 000	1 293 000	1 531 000
Total Assets	2 456 000	2 377 000	2 531 000	2 855 000
Total Retained Equity	−737 000	−727 000	−504 000	−440 000
Total Equity	1 263 000	1 273 000	1 496 000	1 560 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 193 000	1 105 000	1 035 000	1 295 000
Total Equity and Debt	2 456 000	2 377 000	2 531 000	2 855 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 299 000	679 000	1 162 000	1 195 000
Other Income	77 000	79 000	0	0
Revenue	1 376 000	758 000	1 162 000	1 195 000
Cost of Goods Sold	559 000	297 000	625 000	582 000
Salary Costs	522 000	494 000	496 000	484 000
Depreciation	94 000	99 000	104 000	97 000
Impairment	0	0	0	0
Expenditure	1 370 000	1 160 000	1 448 000	1 439 000
Operating Profit	−13 000	−286 000	−81 000	−244 000
Financial Income	0	0	0	1 000
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	1 000
Dividends	0	0	0	0
Net Income	−10 000	−224 000	−64 000	−190 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	616 000	614 000	551 000	533 000
Real Eastate	370 000	446 000	522 000	598 000
Machinery and Plant Facilities	9 000	11 000	12 000	14 000
Fixtures	115 000	132 000	153 000	180 000
Total Tangible Assets	494 000	588 000	687 000	791 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 111 000	1 202 000	1 238 000	1 324 000
Stock	654 000	691 000	567 000	361 000
Total Investments	0	0	0	0
Cash, Bank	105 000	358 000	561 000	465 000
Total Current Assets	1 345 000	1 175 000	1 293 000	1 531 000
Total Assets	2 456 000	2 377 000	2 531 000	2 855 000
Total Equity	1 263 000	1 273 000	1 496 000	1 560 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	38 000	14 000	10 000
Unpaid Taxes	236 000	136 000	90 000	345 000
Dividends	0	0	0	0
Other Current Debt	940 000	930 000	931 000	940 000
Total Current Debt	1 193 000	1 105 000	1 035 000	1 295 000
Total Equity and Debt	2 456 000	2 377 000	2 531 000	2 855 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,79 %	−17,6 %	−4,28 %	−12,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,94 %	−37,73 %	−6,97 %	−20,42 %
Current Ratio	1,13	1,06	1,25	1,18
Quick Ratio	2,5	2,84	2,76	1,64
Equity Ratio	0,51	0,54	0,59	0,55
Gross Profit Margin	59,38 %	60,82 %	46,21 %	51,3 %