KVITSØY SJØTJENESTER AS

4180 KVITSØY

Finances

Return on Equity

27,32 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 829 000	12 137 000	15 331 000	10 095 000
Net Income	3 211 000	480 000	1 814 000	527 000
Total Assets	30 642 000	17 214 000	18 808 000	12 847 000
Total Equity	11 754 000	9 271 000	8 791 000	7 522 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 829 000	12 137 000	15 331 000	10 095 000
Expenditure	14 055 000	11 444 000	12 941 000	9 356 000
Operating Profit	3 774 000	692 000	2 390 000	739 000
Financial Income	444 000	8 000	7 000	6 000
Financial Costs	102 000	83 000	73 000	68 000
Financial Balance	342 000	−75 000	−66 000	−62 000
Earnings Before Tax	4 116 000	616 000	2 325 000	677 000
Tax	906 000	136 000	510 000	150 000
Net Income	3 211 000	480 000	1 814 000	527 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 531 000	11 614 000	9 417 000	7 320 000
Total Current Assets	16 111 000	5 599 000	9 391 000	5 527 000
Total Assets	30 642 000	17 214 000	18 808 000	12 847 000
Total Retained Equity	11 285 000	8 802 000	8 322 000	7 053 000
Total Equity	11 754 000	9 271 000	8 791 000	7 522 000
Total Long-Term Debt	5 453 000	1 862 000	2 273 000	1 692 000
Total Current Debt	13 435 000	6 081 000	7 744 000	3 633 000
Total Equity and Debt	30 642 000	17 214 000	18 808 000	12 847 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 829 000	12 137 000	15 331 000	10 095 000
Other Income	0	0	0	0
Revenue	17 829 000	12 137 000	15 331 000	10 095 000
Cost of Goods Sold	4 451 000	3 186 000	4 666 000	3 294 000
Salary Costs	4 038 000	3 299 000	3 751 000	2 639 000
Depreciation	665 000	622 000	445 000	440 000
Impairment	0	0	0	0
Expenditure	14 055 000	11 444 000	12 941 000	9 356 000
Operating Profit	3 774 000	692 000	2 390 000	739 000
Financial Income	444 000	8 000	7 000	6 000
Financial Costs	102 000	83 000	73 000	68 000
Financial Balance	342 000	−75 000	−66 000	−62 000
Dividends	728 000	0	546 000	208 000
Net Income	3 211 000	480 000	1 814 000	527 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 472 000	2 472 000	1 727 000	1 469 000
Machinery and Plant Facilities	0	41 000	501 000	708 000
Fixtures	0	1 489 000	779 000	404 000
Total Tangible Assets	5 889 000	6 291 000	5 179 000	4 838 000
Total Fiancial Fixed Assets	8 642 000	5 324 000	4 238 000	2 483 000
Total Fixed Assets	14 531 000	11 614 000	9 417 000	7 320 000
Stock	4 170 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 028 000	1 643 000	6 350 000	2 779 000
Total Current Assets	16 111 000	5 599 000	9 391 000	5 527 000
Total Assets	30 642 000	17 214 000	18 808 000	12 847 000
Total Equity	11 754 000	9 271 000	8 791 000	7 522 000
Short-Term Group Debt	8 646 000	0	0	0
Total Long-Term Debt	5 453 000	1 862 000	2 273 000	1 692 000
Creditors	2 854 000	583 000	1 995 000	552 000
Unpaid Taxes	415 000	629 000	416 000	672 000
Dividends	728 000	0	546 000	208 000
Other Current Debt	792 000	4 868 000	4 786 000	2 201 000
Total Current Debt	13 435 000	6 081 000	7 744 000	3 633 000
Total Equity and Debt	30 642 000	17 214 000	18 808 000	12 847 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,32 %	5,18 %	20,63 %	7,01 %
Debt-to-Equity Ratio	0,46	0,2	0,26	0,22
Operating Profit Margin	21,17 %	5,7 %	15,59 %	7,32 %
Current Ratio	1,2	0,92	1,21	1,52
Quick Ratio	1,74	0,92	1,21	1,52
Equity Ratio	0,38	0,54	0,47	0,59
Gross Profit Margin	75,04 %	73,75 %	69,56 %	67,37 %