KVITTIND I AS

4816 KOLBJØRNSVIK

Finances

Return on Equity

13,52 %

Current Ratio

0,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 000	21 000	320 000	956 000
Net Income	33 000	50 000	−217 000	211 000
Total Assets	304 000	374 000	364 000	943 000
Total Equity	244 000	360 000	310 000	527 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 000	21 000	320 000	956 000
Expenditure	27 000	81 000	283 000	687 000
Operating Profit	10 000	−60 000	38 000	268 000
Financial Income	7 000	98 000	12 000	3 000
Financial Costs	−25 000	0	259 000	0
Financial Balance	32 000	98 000	−247 000	3 000
Earnings Before Tax	43 000	38 000	−209 000	271 000
Tax	9 000	−12 000	8 000	60 000
Net Income	33 000	50 000	−217 000	211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	249 000	144 000	139 000	367 000
Total Current Assets	54 000	231 000	225 000	577 000
Total Assets	304 000	374 000	364 000	943 000
Total Retained Equity	214 000	330 000	280 000	497 000
Total Equity	244 000	360 000	310 000	527 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	60 000	14 000	54 000	416 000
Total Equity and Debt	304 000	374 000	364 000	943 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 000	21 000	320 000	956 000
Other Income	0	0	0	0
Revenue	38 000	21 000	320 000	956 000
Cost of Goods Sold	0	0	4 000	0
Salary Costs	5 000	0	179 000	575 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	27 000	81 000	283 000	687 000
Operating Profit	10 000	−60 000	38 000	268 000
Financial Income	7 000	98 000	12 000	3 000
Financial Costs	−25 000	0	259 000	0
Financial Balance	32 000	98 000	−247 000	3 000
Dividends	150 000	0	0	0
Net Income	33 000	50 000	−217 000	211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	12 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	246 000	131 000	139 000	367 000
Total Fixed Assets	249 000	144 000	139 000	367 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	231 000	18 000	29 000
Total Current Assets	54 000	231 000	225 000	577 000
Total Assets	304 000	374 000	364 000	943 000
Total Equity	244 000	360 000	310 000	527 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	2 000	0
Unpaid Taxes	−91 000	−5 000	26 000	162 000
Dividends	150 000	0	0	0
Other Current Debt	150 000	19 000	17 000	195 000
Total Current Debt	60 000	14 000	54 000	416 000
Total Equity and Debt	304 000	374 000	364 000	943 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,52 %	13,89 %	−70 %	40,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,32 %	−285,71 %	11,88 %	28,03 %
Current Ratio	0,9	16,5	4,17	1,39
Quick Ratio	0,9	16,5	4,17	1,39
Equity Ratio	0,8	0,96	0,85	0,56
Gross Profit Margin	100 %	100 %	98,75 %	100 %