KVITESEID AUTO AS

3850 KVITESEID

Finances

Share Ownership

Return on Equity

13,63 %

Current Ratio

6,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	688 000	779 000	675 000	784 000
Net Income	133 000	284 000	−93 000	106 000
Total Assets	1 148 000	1 578 000	1 341 000	1 331 000
Total Equity	976 000	985 000	701 000	794 000

Income (NOK)	2022	2021	2020	2019
Revenue	688 000	779 000	675 000	784 000
Expenditure	508 000	411 000	787 000	582 000
Operating Profit	179 000	368 000	−113 000	202 000
Financial Income	3 000	3 000	3 000	0
Financial Costs	9 000	8 000	1 000	1 000
Financial Balance	−6 000	−5 000	2 000	−1 000
Earnings Before Tax	172 000	364 000	−111 000	200 000
Tax	39 000	80 000	−18 000	94 000
Net Income	133 000	284 000	−93 000	106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	94 000	796 000	819 000	880 000
Total Current Assets	1 054 000	781 000	522 000	451 000
Total Assets	1 148 000	1 578 000	1 341 000	1 331 000
Total Retained Equity	871 000	880 000	596 000	689 000
Total Equity	976 000	985 000	701 000	794 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	172 000	593 000	640 000	537 000
Total Equity and Debt	1 148 000	1 578 000	1 341 000	1 331 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	596 000	631 000	551 000	665 000
Other Income	92 000	148 000	123 000	119 000
Revenue	688 000	779 000	675 000	784 000
Cost of Goods Sold	26 000	50 000	385 000	57 000
Salary Costs	0	0	0	0
Depreciation	28 000	23 000	60 000	95 000
Impairment	0	0	0	0
Expenditure	508 000	411 000	787 000	582 000
Operating Profit	179 000	368 000	−113 000	202 000
Financial Income	3 000	3 000	3 000	0
Financial Costs	9 000	8 000	1 000	1 000
Financial Balance	−6 000	−5 000	2 000	−1 000
Dividends	0	0	0	0
Net Income	133 000	284 000	−93 000	106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	77 000	92 000	110 000	128 000
Machinery and Plant Facilities	0	0	0	37 000
Fixtures	17 000	14 000	19 000	24 000
Total Tangible Assets	94 000	106 000	129 000	189 000
Total Fiancial Fixed Assets	0	690 000	690 000	690 000
Total Fixed Assets	94 000	796 000	819 000	880 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	980 000	698 000	455 000	369 000
Total Current Assets	1 054 000	781 000	522 000	451 000
Total Assets	1 148 000	1 578 000	1 341 000	1 331 000
Total Equity	976 000	985 000	701 000	794 000
Short-Term Group Debt	0	180 000	180 000	180 000
Total Long-Term Debt	0	0	0	0
Creditors	115 000	181 000	347 000	197 000
Unpaid Taxes	4 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	13 000	152 000	113 000	145 000
Total Current Debt	172 000	593 000	640 000	537 000
Total Equity and Debt	1 148 000	1 578 000	1 341 000	1 331 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,63 %	28,83 %	−13,27 %	13,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,02 %	47,24 %	−16,74 %	25,77 %
Current Ratio	6,13	1,32	0,82	0,84
Quick Ratio	6,13	1,32	0,82	0,84
Equity Ratio	0,85	0,62	0,52	0,6
Gross Profit Margin	96,22 %	93,58 %	42,96 %	92,73 %