KVITNO KRAFT AS

5776 NÅ

Finances

Share Ownership

Return on Equity

64,76 %

Current Ratio

0,84

Debt-to-Equity Ratio

1,07

Key figures (EUR)	2022	2021	2020	2019
Revenue	7 328 000	24 388 000	5 994 000	11 863 000
Net Income	2 242 000	6 526 000	268 000	2 088 000
Total Assets	12 054 000	101 608 000	86 097 000	90 148 000
Total Equity	3 462 000	12 621 000	12 621 000	12 630 000

Income (EUR)	2022	2021	2020	2019
Revenue	7 328 000	24 388 000	5 994 000	11 863 000
Expenditure	4 301 000	15 523 000	3 770 000	6 885 000
Operating Profit	3 027 000	8 865 000	2 223 000	4 978 000
Financial Income	56 000	10 000	11 000	93 000
Financial Costs	239 000	508 000	1 890 000	2 394 000
Financial Balance	−183 000	−498 000	−1 879 000	−2 301 000
Earnings Before Tax	2 844 000	8 367 000	344 000	2 677 000
Tax	602 000	1 841 000	76 000	589 000
Net Income	2 242 000	6 526 000	268 000	2 088 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	7 933 000	83 813 000	85 555 000	87 309 000
Total Current Assets	4 122 000	17 796 000	542 000	2 838 000
Total Assets	12 054 000	101 608 000	86 097 000	90 148 000
Total Retained Equity	2 232 000	−107 000	−107 000	−98 000
Total Equity	3 462 000	12 621 000	12 621 000	12 630 000
Total Long-Term Debt	3 696 000	66 706 000	70 548 000	71 879 000
Total Current Debt	4 897 000	22 281 000	2 928 000	5 638 000
Total Equity and Debt	12 054 000	101 608 000	86 097 000	90 148 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	7 328 000	24 388 000	5 994 000	12 139 000
Other Income	0	0	0	−276 000
Revenue	7 328 000	24 388 000	5 994 000	11 863 000
Cost of Goods Sold	−98 000	1 164 000	598 000	0
Salary Costs	0	0	0	0
Depreciation	166 000	1 742 000	1 756 000	1 771 000
Impairment	0	0	0	0
Expenditure	4 301 000	15 523 000	3 770 000	6 885 000
Operating Profit	3 027 000	8 865 000	2 223 000	4 978 000
Financial Income	56 000	10 000	11 000	93 000
Financial Costs	239 000	508 000	1 890 000	2 394 000
Financial Balance	−183 000	−498 000	−1 879 000	−2 301 000
Dividends	0	0	0	0
Net Income	2 242 000	6 526 000	268 000	2 088 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	22 000	22 000	20 000
Real Eastate	7 931 000	83 790 000	85 533 000	0
Machinery and Plant Facilities	0	0	0	87 289 000
Fixtures	0	0	0	0
Total Tangible Assets	7 931 000	83 790 000	85 533 000	87 289 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 933 000	83 813 000	85 555 000	87 309 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 901 000	16 038 000	149 000	2 193 000
Total Current Assets	4 122 000	17 796 000	542 000	2 838 000
Total Assets	12 054 000	101 608 000	86 097 000	90 148 000
Total Equity	3 462 000	12 621 000	12 621 000	12 630 000
Short-Term Group Debt	0	9 047 000	1 721 000	1 713 000
Total Long-Term Debt	3 696 000	66 706 000	70 548 000	71 879 000
Creditors	193 000	1 614 000	0	232 000
Unpaid Taxes	1 000	0	148 000	34 000
Dividends	0	0	0	0
Other Current Debt	4 101 000	11 620 000	1 059 000	3 391 000
Total Current Debt	4 897 000	22 281 000	2 928 000	5 638 000
Total Equity and Debt	12 054 000	101 608 000	86 097 000	90 148 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,76 %	51,71 %	2,12 %	16,53 %
Debt-to-Equity Ratio	1,07	5,29	5,59	5,69
Operating Profit Margin	41,31 %	36,35 %	37,09 %	41,96 %
Current Ratio	0,84	0,8	0,19	0,5
Quick Ratio	0,84	0,8	0,19	0,5
Equity Ratio	0,29	0,12	0,15	0,14
Gross Profit Margin	101,34 %	95,23 %	90,02 %	100 %