KVITSØYGATEN 84 AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

32 %

Current Ratio

0,12

Debt-to-Equity Ratio

1,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 985 000	5 259 000	5 413 000	5 307 000
Net Income	1 563 000	2 272 000	2 453 000	2 163 000
Total Assets	15 012 000	17 583 000	16 392 000	18 382 000
Total Equity	4 884 000	5 062 000	4 790 000	5 053 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 985 000	5 259 000	5 413 000	5 307 000
Expenditure	3 790 000	2 074 000	2 027 000	2 206 000
Operating Profit	2 193 000	3 185 000	3 386 000	3 101 000
Financial Income	8 000	8 000	10 000	12 000
Financial Costs	196 000	280 000	249 000	339 000
Financial Balance	−188 000	−272 000	−239 000	−327 000
Earnings Before Tax	2 004 000	2 913 000	3 146 000	2 774 000
Tax	441 000	641 000	693 000	610 000
Net Income	1 563 000	2 272 000	2 453 000	2 163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 648 000	14 682 000	15 369 000	16 098 000
Total Current Assets	364 000	2 901 000	1 023 000	2 283 000
Total Assets	15 012 000	17 583 000	16 392 000	18 382 000
Total Retained Equity	512 000	690 000	2 290 000	2 553 000
Total Equity	4 884 000	5 062 000	4 790 000	5 053 000
Total Long-Term Debt	7 010 000	7 399 000	7 695 000	10 195 000
Total Current Debt	3 118 000	5 123 000	3 907 000	3 134 000
Total Equity and Debt	15 012 000	17 583 000	16 392 000	18 382 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 328 000	4 944 000	0	0
Other Income	656 000	315 000	5 413 000	5 307 000
Revenue	5 985 000	5 259 000	5 413 000	5 307 000
Cost of Goods Sold	765 000	311 000	325 000	259 000
Salary Costs	672 000	0	0	0
Depreciation	822 000	996 000	982 000	978 000
Impairment	0	0	0	0
Expenditure	3 790 000	2 074 000	2 027 000	2 206 000
Operating Profit	2 193 000	3 185 000	3 386 000	3 101 000
Financial Income	8 000	8 000	10 000	12 000
Financial Costs	196 000	280 000	249 000	339 000
Financial Balance	−188 000	−272 000	−239 000	−327 000
Dividends	0	2 000 000	0	0
Net Income	1 563 000	2 272 000	2 453 000	2 163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 593 000	14 648 000	15 294 000	15 980 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	55 000	34 000	76 000	118 000
Total Tangible Assets	14 648 000	14 682 000	15 369 000	16 098 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 648 000	14 682 000	15 369 000	16 098 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	220 000	832 000	860 000	2 219 000
Total Current Assets	364 000	2 901 000	1 023 000	2 283 000
Total Assets	15 012 000	17 583 000	16 392 000	18 382 000
Total Equity	4 884 000	5 062 000	4 790 000	5 053 000
Short-Term Group Debt	2 231 000	2 400 000	3 482 000	3 049 000
Total Long-Term Debt	7 010 000	7 399 000	7 695 000	10 195 000
Creditors	421 000	531 000	55 000	77 000
Unpaid Taxes	79 000	0	31 000	7 000
Dividends	0	2 000 000	0	0
Other Current Debt	387 000	0	339 000	3 000
Total Current Debt	3 118 000	5 123 000	3 907 000	3 134 000
Total Equity and Debt	15 012 000	17 583 000	16 392 000	18 382 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32 %	44,88 %	51,21 %	42,81 %
Debt-to-Equity Ratio	1,44	1,46	1,61	2,02
Operating Profit Margin	36,64 %	60,56 %	62,55 %	58,43 %
Current Ratio	0,12	0,57	0,26	0,73
Quick Ratio	0,12	0,57	0,26	0,73
Equity Ratio	0,33	0,29	0,29	0,27
Gross Profit Margin	87,22 %	94,09 %	94 %	95,12 %