KVITÅ EIENDOM AS

3660 RJUKAN

Finances

Share Ownership

Return on Equity

−6,59 %

Current Ratio

13,38

Debt-to-Equity Ratio

4,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 220 000	1 471 000	1 160 000	1 121 000
Net Income	−97 000	69 000	90 000	39 000
Total Assets	8 305 000	8 961 000	8 985 000	9 180 000
Total Equity	1 472 000	1 569 000	1 718 000	1 705 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 220 000	1 471 000	1 160 000	1 121 000
Expenditure	1 029 000	1 179 000	821 000	791 000
Operating Profit	192 000	292 000	339 000	331 000
Financial Income	0	0	0	0
Financial Costs	312 000	202 000	224 000	281 000
Financial Balance	−312 000	−202 000	−224 000	−281 000
Earnings Before Tax	−120 000	90 000	116 000	50 000
Tax	−23 000	21 000	25 000	11 000
Net Income	−97 000	69 000	90 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 913 000	7 326 000	7 977 000	8 500 000
Total Current Assets	1 392 000	1 635 000	1 008 000	679 000
Total Assets	8 305 000	8 961 000	8 985 000	9 180 000
Total Retained Equity	436 000	533 000	682 000	669 000
Total Equity	1 472 000	1 569 000	1 718 000	1 705 000
Total Long-Term Debt	6 729 000	6 966 000	7 048 000	7 213 000
Total Current Debt	104 000	426 000	219 000	263 000
Total Equity and Debt	8 305 000	8 961 000	8 985 000	9 180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 220 000	0	0	0
Other Income	0	1 471 000	1 160 000	1 121 000
Revenue	1 220 000	1 471 000	1 160 000	1 121 000
Cost of Goods Sold	0	105 000	0	0
Salary Costs	0	0	0	0
Depreciation	657 000	689 000	633 000	629 000
Impairment	0	0	0	0
Expenditure	1 029 000	1 179 000	821 000	791 000
Operating Profit	192 000	292 000	339 000	331 000
Financial Income	0	0	0	0
Financial Costs	312 000	202 000	224 000	281 000
Financial Balance	−312 000	−202 000	−224 000	−281 000
Dividends	0	0	0	0
Net Income	−97 000	69 000	90 000	39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	0	0	0
Real Eastate	6 613 000	7 242 000	7 871 000	8 500 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	271 000	84 000	106 000	0
Total Tangible Assets	6 883 000	7 326 000	7 977 000	8 500 000
Total Fiancial Fixed Assets	0	0	0	1 000
Total Fixed Assets	6 913 000	7 326 000	7 977 000	8 500 000
Stock	0	0	0	0
Total Investments	0	193 000	0	0
Cash, Bank	723 000	1 175 000	975 000	679 000
Total Current Assets	1 392 000	1 635 000	1 008 000	679 000
Total Assets	8 305 000	8 961 000	8 985 000	9 180 000
Total Equity	1 472 000	1 569 000	1 718 000	1 705 000
Short-Term Group Debt	0	294 000	98 000	152 000
Total Long-Term Debt	6 729 000	6 966 000	7 048 000	7 213 000
Creditors	67 000	32 000	0	0
Unpaid Taxes	0	36 000	39 000	42 000
Dividends	0	0	0	0
Other Current Debt	0	22 000	17 000	25 000
Total Current Debt	104 000	426 000	219 000	263 000
Total Equity and Debt	8 305 000	8 961 000	8 985 000	9 180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,59 %	4,4 %	5,24 %	2,29 %
Debt-to-Equity Ratio	4,57	4,44	4,1	4,23
Operating Profit Margin	15,74 %	19,85 %	29,22 %	29,53 %
Current Ratio	13,38	3,84	4,6	2,58
Quick Ratio	13,38	3,84	4,6	2,58
Equity Ratio	0,18	0,18	0,19	0,19
Gross Profit Margin	100 %	92,86 %	100 %	100 %