KVIT-DENT AS

3850 KVITESEID

Finances

Share Ownership

Return on Equity

19,54 %

Current Ratio

3,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 641 000	3 491 000	3 483 000	3 096 000
Net Income	435 000	693 000	933 000	685 000
Total Assets	3 169 000	2 331 000	3 643 000	3 692 000
Total Equity	2 226 000	1 790 000	3 097 000	3 164 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 641 000	3 491 000	3 483 000	3 096 000
Expenditure	4 096 000	2 611 000	2 300 000	2 230 000
Operating Profit	546 000	880 000	1 183 000	866 000
Financial Income	18 000	8 000	15 000	11 000
Financial Costs	0	0	1 000	0
Financial Balance	18 000	8 000	14 000	11 000
Earnings Before Tax	564 000	889 000	1 197 000	878 000
Tax	128 000	195 000	263 000	193 000
Net Income	435 000	693 000	933 000	685 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	79 000	99 000	148 000	198 000
Total Current Assets	3 091 000	2 233 000	3 495 000	3 493 000
Total Assets	3 169 000	2 331 000	3 643 000	3 692 000
Total Retained Equity	2 196 000	1 766 000	3 073 000	3 140 000
Total Equity	2 226 000	1 790 000	3 097 000	3 164 000
Total Long-Term Debt	0	2 000	4 000	5 000
Total Current Debt	944 000	539 000	542 000	523 000
Total Equity and Debt	3 169 000	2 331 000	3 643 000	3 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 641 000	3 484 000	3 451 000	3 096 000
Other Income	0	7 000	32 000	0
Revenue	4 641 000	3 491 000	3 483 000	3 096 000
Cost of Goods Sold	214 000	165 000	175 000	208 000
Salary Costs	2 719 000	1 854 000	1 638 000	1 502 000
Depreciation	49 000	50 000	50 000	32 000
Impairment	0	0	0	0
Expenditure	4 096 000	2 611 000	2 300 000	2 230 000
Operating Profit	546 000	880 000	1 183 000	866 000
Financial Income	18 000	8 000	15 000	11 000
Financial Costs	0	0	1 000	0
Financial Balance	18 000	8 000	14 000	11 000
Dividends	0	0	0	0
Net Income	435 000	693 000	933 000	685 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	39 000	19 000	26 000	32 000
Fixtures	40 000	80 000	123 000	166 000
Total Tangible Assets	79 000	99 000	148 000	198 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	79 000	99 000	148 000	198 000
Stock	0	0	0	0
Total Investments	0	0	0	13 000
Cash, Bank	2 977 000	2 130 000	3 401 000	3 448 000
Total Current Assets	3 091 000	2 233 000	3 495 000	3 493 000
Total Assets	3 169 000	2 331 000	3 643 000	3 692 000
Total Equity	2 226 000	1 790 000	3 097 000	3 164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	4 000	5 000
Creditors	0	0	0	0
Unpaid Taxes	530 000	138 000	117 000	119 000
Dividends	0	0	0	0
Other Current Debt	283 000	203 000	161 000	214 000
Total Current Debt	944 000	539 000	542 000	523 000
Total Equity and Debt	3 169 000	2 331 000	3 643 000	3 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,54 %	38,72 %	30,13 %	21,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,76 %	25,21 %	33,96 %	27,97 %
Current Ratio	3,27	4,14	6,45	6,68
Quick Ratio	3,27	4,14	6,45	6,68
Equity Ratio	0,7	0,77	0,85	0,86
Gross Profit Margin	95,39 %	95,27 %	94,98 %	93,28 %