KVITÅVATN INVEST AS

0159 OSLO

Finances

Return on Equity

96,37 %

Current Ratio

0,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	1 983 000
Net Income	2 653 000	11 349 000	−332 000	13 056 000
Total Assets	9 393 000	16 288 000	13 904 000	16 491 000
Total Equity	2 753 000	100 000	−231 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	1 983 000
Expenditure	292 000	742 000	177 000	1 478 000
Operating Profit	−292 000	−742 000	−177 000	505 000
Financial Income	3 496 000	12 742 000	585 000	12 750 000
Financial Costs	551 000	651 000	739 000	199 000
Financial Balance	2 945 000	12 091 000	−154 000	12 551 000
Earnings Before Tax	2 653 000	11 349 000	−332 000	13 056 000
Tax	0	0	0	0
Net Income	2 653 000	11 349 000	−332 000	13 056 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 028 000	3 975 000	2 293 000	2 293 000
Total Current Assets	1 366 000	12 313 000	11 611 000	14 199 000
Total Assets	9 393 000	16 288 000	13 904 000	16 491 000
Total Retained Equity	2 653 000	0	−331 000	0
Total Equity	2 753 000	100 000	−231 000	100 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 640 000	16 188 000	14 135 000	16 391 000
Total Equity and Debt	9 393 000	16 288 000	13 904 000	16 491 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	1 983 000
Other Income	0	0	0	0
Revenue	0	0	0	1 983 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	292 000	742 000	177 000	1 478 000
Operating Profit	−292 000	−742 000	−177 000	505 000
Financial Income	3 496 000	12 742 000	585 000	12 750 000
Financial Costs	551 000	651 000	739 000	199 000
Financial Balance	2 945 000	12 091 000	−154 000	12 551 000
Dividends	0	11 018 000	0	13 447 000
Net Income	2 653 000	11 349 000	−332 000	13 056 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 028 000	3 975 000	2 293 000	2 293 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 028 000	3 975 000	2 293 000	2 293 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 028 000	3 975 000	2 293 000	2 293 000
Stock	0	0	0	0
Total Investments	110 000	110 000	110 000	110 000
Cash, Bank	406 000	4 476 000	187 000	309 000
Total Current Assets	1 366 000	12 313 000	11 611 000	14 199 000
Total Assets	9 393 000	16 288 000	13 904 000	16 491 000
Total Equity	2 753 000	100 000	−231 000	100 000
Short-Term Group Debt	1 099 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	25 000	414 000	16 000	239 000
Unpaid Taxes	0	0	0	0
Dividends	0	11 018 000	0	13 447 000
Other Current Debt	5 516 000	4 755 000	14 119 000	2 705 000
Total Current Debt	6 640 000	16 188 000	14 135 000	16 391 000
Total Equity and Debt	9 393 000	16 288 000	13 904 000	16 491 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,37 %	11 349 %	143,72 %	13 056 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	-	-	-	25,47 %
Current Ratio	0,21	0,76	0,82	0,87
Quick Ratio	0,21	0,76	0,82	0,87
Equity Ratio	0,29	0,01	−0,02	0,01
Gross Profit Margin	-	-	-	100 %