KVITBJØRN AS

9180 SKJERVØY

Finances

Return on Equity

−6,08 %

Current Ratio

9,27

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 188 000	13 917 000	3 280 000	11 593 000
Net Income	−1 395 000	12 117 000	−3 666 000	−3 725 000
Total Assets	29 366 000	31 208 000	21 654 000	47 698 000
Total Equity	22 934 000	24 523 000	9 406 000	39 415 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 188 000	13 917 000	3 280 000	11 593 000
Expenditure	5 046 000	7 814 000	8 351 000	16 852 000
Operating Profit	−1 859 000	6 102 000	−5 072 000	−5 260 000
Financial Income	490 000	524 000	395 000	502 000
Financial Costs	27 000	136 000	25 000	17 000
Financial Balance	463 000	388 000	370 000	485 000
Earnings Before Tax	−1 395 000	6 491 000	−4 702 000	−4 776 000
Tax	0	−5 626 000	−1 035 000	−1 051 000
Net Income	−1 395 000	12 117 000	−3 666 000	−3 725 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 874 000	22 983 000	16 179 000	14 124 000
Total Current Assets	6 492 000	8 225 000	5 475 000	33 575 000
Total Assets	29 366 000	31 208 000	21 654 000	47 698 000
Total Retained Equity	22 877 000	24 466 000	9 349 000	39 309 000
Total Equity	22 934 000	24 523 000	9 406 000	39 415 000
Total Long-Term Debt	5 732 000	5 833 000	11 474 000	6 979 000
Total Current Debt	700 000	853 000	774 000	1 305 000
Total Equity and Debt	29 366 000	31 208 000	21 654 000	47 698 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 188 000	4 245 000	3 121 000	8 131 000
Other Income	0	9 672 000	160 000	3 461 000
Revenue	3 188 000	13 917 000	3 280 000	11 593 000
Cost of Goods Sold	1 707 000	1 295 000	172 000	1 095 000
Salary Costs	1 613 000	1 790 000	3 818 000	4 050 000
Depreciation	160 000	156 000	223 000	1 490 000
Impairment	0	0	0	0
Expenditure	5 046 000	7 814 000	8 351 000	16 852 000
Operating Profit	−1 859 000	6 102 000	−5 072 000	−5 260 000
Financial Income	490 000	524 000	395 000	502 000
Financial Costs	27 000	136 000	25 000	17 000
Financial Balance	463 000	388 000	370 000	485 000
Dividends	0	0	0	0
Net Income	−1 395 000	12 117 000	−3 666 000	−3 725 000

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	323 000	447 000	590 000	2 168 000
Total Tangible Assets	549 000	709 000	2 316 000	4 088 000
Total Fiancial Fixed Assets	22 325 000	22 274 000	13 863 000	10 036 000
Total Fixed Assets	22 874 000	22 983 000	16 179 000	14 124 000
Stock	0	0	194 000	115 000
Total Investments	0	0	0	0
Cash, Bank	1 782 000	3 498 000	1 983 000	31 273 000
Total Current Assets	6 492 000	8 225 000	5 475 000	33 575 000
Total Assets	29 366 000	31 208 000	21 654 000	47 698 000
Total Equity	22 934 000	24 523 000	9 406 000	39 415 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 732 000	5 833 000	11 474 000	6 979 000
Creditors	378 000	585 000	417 000	751 000
Unpaid Taxes	139 000	102 000	179 000	310 000
Dividends	0	0	0	0
Other Current Debt	183 000	166 000	179 000	244 000
Total Current Debt	700 000	853 000	774 000	1 305 000
Total Equity and Debt	29 366 000	31 208 000	21 654 000	47 698 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,08 %	49,41 %	−38,98 %	−9,45 %
Debt-to-Equity Ratio	0,25	0,24	1,22	0,18
Operating Profit Margin	−58,31 %	43,85 %	−154,63 %	−45,37 %
Current Ratio	9,27	9,64	7,07	25,73
Quick Ratio	9,27	9,64	9,44	28,21
Equity Ratio	0,78	0,79	0,43	0,83
Gross Profit Margin	46,46 %	90,69 %	94,76 %	90,55 %