KVITESEID UTVIKLING AS

3850 KVITESEID

Finances

Share Ownership

Return on Equity

47,16 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	431 000	412 000	421 000	419 000
Net Income	191 000	158 000	178 000	162 000
Total Assets	784 000	900 000	1 033 000	1 143 000
Total Equity	405 000	514 000	656 000	777 000

Income (NOK)	2022	2021	2020	2019
Revenue	431 000	412 000	421 000	419 000
Expenditure	186 000	209 000	192 000	210 000
Operating Profit	245 000	203 000	229 000	208 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	245 000	203 000	229 000	208 000
Tax	54 000	45 000	50 000	46 000
Net Income	191 000	158 000	178 000	162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	400 000	536 000	672 000	808 000
Total Current Assets	384 000	365 000	362 000	335 000
Total Assets	784 000	900 000	1 033 000	1 143 000
Total Retained Equity	348 000	457 000	599 000	720 000
Total Equity	405 000	514 000	656 000	777 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	379 000	387 000	378 000	366 000
Total Equity and Debt	784 000	900 000	1 033 000	1 143 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	431 000	412 000	421 000	419 000
Revenue	431 000	412 000	421 000	419 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	158 000	158 000	158 000	158 000
Impairment	0	0	0	0
Expenditure	186 000	209 000	192 000	210 000
Operating Profit	245 000	203 000	229 000	208 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	300 000	300 000	300 000	300 000
Net Income	191 000	158 000	178 000	162 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	314 000	291 000	269 000	248 000
Real Eastate	87 000	245 000	403 000	561 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	87 000	245 000	403 000	561 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	400 000	536 000	672 000	808 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	296 000	272 000	249 000	265 000
Total Current Assets	384 000	365 000	362 000	335 000
Total Assets	784 000	900 000	1 033 000	1 143 000
Total Equity	405 000	514 000	656 000	777 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	20 000	6 000	0
Unpaid Taxes	−1 000	0	0	0
Dividends	300 000	300 000	300 000	300 000
Other Current Debt	0	0	0	0
Total Current Debt	379 000	387 000	378 000	366 000
Total Equity and Debt	784 000	900 000	1 033 000	1 143 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,16 %	30,74 %	27,13 %	20,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	56,84 %	49,27 %	54,39 %	49,64 %
Current Ratio	1,01	0,94	0,96	0,92
Quick Ratio	1,01	0,94	0,96	0,92
Equity Ratio	0,52	0,57	0,64	0,68
Gross Profit Margin	100 %	100 %	100 %	100 %