KIT HOLDING AS

4848 ARENDAL

Finances

Return on Equity

72,95 %

Current Ratio

0,45

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 123 000	2 412 000	65 646 000	109 439 000
Net Income	3 339 000	1 202 000	−4 361 000	−18 380 000
Total Assets	8 829 000	8 763 000	26 360 000	34 347 000
Total Equity	4 577 000	3 738 000	2 897 000	10 570 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 123 000	2 412 000	65 646 000	109 439 000
Expenditure	227 000	924 000	67 441 000	125 882 000
Operating Profit	896 000	1 489 000	−1 795 000	−16 443 000
Financial Income	2 172 000	196 000	85 000	415 000
Financial Costs	−134 000	205 000	1 857 000	2 035 000
Financial Balance	2 306 000	−9 000	−1 772 000	−1 620 000
Earnings Before Tax	3 203 000	1 479 000	−3 568 000	−18 063 000
Tax	−137 000	277 000	793 000	317 000
Net Income	3 339 000	1 202 000	−4 361 000	−18 380 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 174 000	6 703 000	11 677 000	14 106 000
Total Current Assets	655 000	2 060 000	14 683 000	20 240 000
Total Assets	8 829 000	8 763 000	26 360 000	34 347 000
Total Retained Equity	3 933 000	3 094 000	2 253 000	9 926 000
Total Equity	4 577 000	3 738 000	2 897 000	10 570 000
Total Long-Term Debt	2 794 000	2 000 000	6 695 000	6 230 000
Total Current Debt	1 458 000	3 026 000	16 768 000	17 547 000
Total Equity and Debt	8 829 000	8 763 000	26 360 000	34 347 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	61 613 000	108 071 000
Other Income	1 123 000	2 412 000	4 032 000	1 368 000
Revenue	1 123 000	2 412 000	65 646 000	109 439 000
Cost of Goods Sold	0	0	24 799 000	40 440 000
Salary Costs	0	0	20 061 000	43 265 000
Depreciation	0	0	2 708 000	3 695 000
Impairment	0	0	375 000	443 000
Expenditure	227 000	924 000	67 441 000	125 882 000
Operating Profit	896 000	1 489 000	−1 795 000	−16 443 000
Financial Income	2 172 000	196 000	85 000	415 000
Financial Costs	−134 000	205 000	1 857 000	2 035 000
Financial Balance	2 306 000	−9 000	−1 772 000	−1 620 000
Dividends	839 000	225 000	0	0
Net Income	3 339 000	1 202 000	−4 361 000	−18 380 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	1 960 000	2 754 000
Total Intangible Assets	144 000	7 000	2 244 000	3 686 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	7 549 000	8 170 000
Total Tangible Assets	0	0	7 549 000	8 170 000
Total Fiancial Fixed Assets	8 030 000	6 696 000	1 884 000	2 250 000
Total Fixed Assets	8 174 000	6 703 000	11 677 000	14 106 000
Stock	0	0	4 946 000	5 141 000
Total Investments	0	0	0	5 468 000
Cash, Bank	7 000	4 000	6 287 000	6 083 000
Total Current Assets	655 000	2 060 000	14 683 000	20 240 000
Total Assets	8 829 000	8 763 000	26 360 000	34 347 000
Total Equity	4 577 000	3 738 000	2 897 000	10 570 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 794 000	2 000 000	6 695 000	6 230 000
Creditors	17 000	0	5 838 000	5 138 000
Unpaid Taxes	0	0	3 622 000	3 837 000
Dividends	839 000	225 000	0	0
Other Current Debt	1 441 000	3 026 000	4 822 000	8 102 000
Total Current Debt	1 458 000	3 026 000	16 768 000	17 547 000
Total Equity and Debt	8 829 000	8 763 000	26 360 000	34 347 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,95 %	32,16 %	−150,54 %	−173,89 %
Debt-to-Equity Ratio	0,61	0,54	2,31	0,59
Operating Profit Margin	79,79 %	61,73 %	−2,73 %	−15,02 %
Current Ratio	0,45	0,68	0,88	1,15
Quick Ratio	0,45	0,68	1,24	1,63
Equity Ratio	0,52	0,43	0,11	0,31
Gross Profit Margin	100 %	100 %	62,22 %	63,05 %