KVITSUND GYMNAS AS

3850 KVITESEID

Finances

Share Ownership

Return on Equity

−184,12 %

Current Ratio

0,47

Debt-to-Equity Ratio

8,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 946 000	29 441 000	28 031 000	29 390 000
Net Income	−7 315 000	−3 436 000	−1 952 000	−4 048 000
Total Assets	43 979 000	50 994 000	54 605 000	54 989 000
Total Equity	3 973 000	11 288 000	14 723 000	16 675 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 946 000	29 441 000	28 031 000	29 390 000
Expenditure	33 036 000	31 818 000	28 801 000	32 313 000
Operating Profit	−6 091 000	−2 378 000	−768 000	−2 923 000
Financial Income	28 000	3 000	4 000	14 000
Financial Costs	1 251 000	1 061 000	1 187 000	1 139 000
Financial Balance	−1 223 000	−1 058 000	−1 183 000	−1 125 000
Earnings Before Tax	−7 315 000	−3 436 000	−1 952 000	−4 048 000
Tax	0	0	0	0
Net Income	−7 315 000	−3 436 000	−1 952 000	−4 048 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 583 000	44 736 000	48 991 000	51 117 000
Total Current Assets	2 396 000	6 259 000	5 614 000	3 872 000
Total Assets	43 979 000	50 994 000	54 605 000	54 989 000
Total Retained Equity	−16 931 000	−9 616 000	−6 181 000	−4 229 000
Total Equity	3 973 000	11 288 000	14 723 000	16 675 000
Total Long-Term Debt	34 881 000	35 028 000	35 828 000	31 031 000
Total Current Debt	5 125 000	4 679 000	4 053 000	7 283 000
Total Equity and Debt	43 979 000	50 994 000	54 605 000	54 989 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 002 000	18 546 000	17 592 000	17 697 000
Other Income	9 944 000	10 895 000	10 440 000	11 693 000
Revenue	26 946 000	29 441 000	28 031 000	29 390 000
Cost of Goods Sold	2 744 000	2 690 000	2 197 000	2 309 000
Salary Costs	20 898 000	20 025 000	18 733 000	19 933 000
Depreciation	3 167 000	3 201 000	3 148 000	3 169 000
Impairment	0	0	0	0
Expenditure	33 036 000	31 818 000	28 801 000	32 313 000
Operating Profit	−6 091 000	−2 378 000	−768 000	−2 923 000
Financial Income	28 000	3 000	4 000	14 000
Financial Costs	1 251 000	1 061 000	1 187 000	1 139 000
Financial Balance	−1 223 000	−1 058 000	−1 183 000	−1 125 000
Dividends	0	0	0	0
Net Income	−7 315 000	−3 436 000	−1 952 000	−4 048 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	39 583 000	42 164 000	46 404 000	48 114 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000 000	2 572 000	2 587 000	3 003 000
Total Tangible Assets	41 583 000	44 736 000	48 991 000	51 117 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	41 583 000	44 736 000	48 991 000	51 117 000
Stock	374 000	316 000	282 000	303 000
Total Investments	0	0	0	0
Cash, Bank	776 000	5 701 000	4 672 000	797 000
Total Current Assets	2 396 000	6 259 000	5 614 000	3 872 000
Total Assets	43 979 000	50 994 000	54 605 000	54 989 000
Total Equity	3 973 000	11 288 000	14 723 000	16 675 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 881 000	35 028 000	35 828 000	31 031 000
Creditors	1 193 000	683 000	959 000	596 000
Unpaid Taxes	1 163 000	1 150 000	1 112 000	1 151 000
Dividends	0	0	0	0
Other Current Debt	2 769 000	2 846 000	1 982 000	2 271 000
Total Current Debt	5 125 000	4 679 000	4 053 000	7 283 000
Total Equity and Debt	43 979 000	50 994 000	54 605 000	54 989 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−184,12 %	−30,44 %	−13,26 %	−24,28 %
Debt-to-Equity Ratio	8,78	3,1	2,43	1,86
Operating Profit Margin	−22,6 %	−8,08 %	−2,74 %	−9,95 %
Current Ratio	0,47	1,34	1,39	0,53
Quick Ratio	0,5	1,43	1,49	0,55
Equity Ratio	0,09	0,22	0,27	0,3
Gross Profit Margin	89,82 %	90,86 %	92,16 %	92,14 %