KVITSAND HYTTER AS

2372 BRØTTUM

Finances

Share Ownership

Return on Equity

13,33 %

Current Ratio

1,35

Debt-to-Equity Ratio

−1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	885 000	581 000	434 000	6 493 000
Net Income	−1 921 000	−3 816 000	−9 268 000	144 000
Total Assets	8 201 000	7 220 000	7 806 000	9 612 000
Total Equity	−14 410 000	−12 489 000	−8 674 000	594 000

Income (NOK)	2022	2021	2020	2019
Revenue	885 000	581 000	434 000	6 493 000
Expenditure	1 026 000	3 207 000	5 239 000	5 772 000
Operating Profit	−142 000	−2 626 000	−4 905 000	720 000
Financial Income	35 000	9 000	16 000	8 000
Financial Costs	1 814 000	1 199 000	779 000	583 000
Financial Balance	−1 779 000	−1 190 000	−763 000	−575 000
Earnings Before Tax	−1 921 000	−3 816 000	−5 668 000	144 000
Tax	0	0	0	0
Net Income	−1 921 000	−3 816 000	−9 268 000	144 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	316 000	300 000	774 000	264 000
Total Current Assets	7 885 000	6 920 000	7 032 000	9 348 000
Total Assets	8 201 000	7 220 000	7 806 000	9 612 000
Total Retained Equity	−16 610 000	−14 689 000	−10 874 000	−1 606 000
Total Equity	−14 410 000	−12 489 000	−8 674 000	594 000
Total Long-Term Debt	16 757 000	11 400 000	9 600 000	4 850 000
Total Current Debt	5 854 000	8 310 000	6 880 000	4 167 000
Total Equity and Debt	8 201 000	7 220 000	7 806 000	9 612 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	204 000	581 000	419 000	6 493 000
Other Income	680 000	0	15 000	0
Revenue	885 000	581 000	434 000	6 493 000
Cost of Goods Sold	597 000	357 000	3 198 000	3 382 000
Salary Costs	80 000	0	0	149 000
Depreciation	61 000	61 000	61 000	58 000
Impairment	0	0	0	0
Expenditure	1 026 000	3 207 000	5 239 000	5 772 000
Operating Profit	−142 000	−2 626 000	−4 905 000	720 000
Financial Income	35 000	9 000	16 000	8 000
Financial Costs	1 814 000	1 199 000	779 000	583 000
Financial Balance	−1 779 000	−1 190 000	−763 000	−575 000
Dividends	0	0	0	0
Net Income	−1 921 000	−3 816 000	−9 268 000	144 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	74 000	109 000	145 000	181 000
Machinery and Plant Facilities	7 000	32 000	58 000	83 000
Fixtures	0	0	0	0
Total Tangible Assets	81 000	142 000	203 000	264 000
Total Fiancial Fixed Assets	235 000	158 000	571 000	0
Total Fixed Assets	316 000	300 000	774 000	264 000
Stock	7 080 000	6 690 000	6 260 000	3 821 000
Total Investments	0	0	0	0
Cash, Bank	416 000	17 000	12 000	21 000
Total Current Assets	7 885 000	6 920 000	7 032 000	9 348 000
Total Assets	8 201 000	7 220 000	7 806 000	9 612 000
Total Equity	−14 410 000	−12 489 000	−8 674 000	594 000
Short-Term Group Debt	2 964 000	5 228 000	4 195 000	1 933 000
Total Long-Term Debt	16 757 000	11 400 000	9 600 000	4 850 000
Creditors	265 000	890 000	1 484 000	2 220 000
Unpaid Taxes	0	0	0	8 000
Dividends	0	0	0	0
Other Current Debt	2 625 000	2 192 000	1 201 000	6 000
Total Current Debt	5 854 000	8 310 000	6 880 000	4 167 000
Total Equity and Debt	8 201 000	7 220 000	7 806 000	9 612 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,33 %	30,55 %	106,85 %	24,24 %
Debt-to-Equity Ratio	−1,16	−0,91	−1,11	8,16
Operating Profit Margin	−16,05 %	−451,98 %	−1 130,18 %	11,09 %
Current Ratio	1,35	0,83	1,02	2,24
Quick Ratio	−6,43	4,27	11,34	27,02
Equity Ratio	−1,76	−1,73	−1,11	0,06
Gross Profit Margin	32,54 %	38,55 %	−636,87 %	47,91 %