KVIFTE BIL AS

4905 TVEDESTRAND

Finances

Share Ownership

Return on Equity

24,79 %

Current Ratio

0,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 587 000	1 986 000	1 958 000	1 233 000
Net Income	418 000	−102 000	−75 000	87 000
Total Assets	3 312 000	3 653 000	4 056 000	4 173 000
Total Equity	1 686 000	1 268 000	1 370 000	1 445 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 587 000	1 986 000	1 958 000	1 233 000
Expenditure	1 139 000	2 086 000	1 983 000	1 120 000
Operating Profit	448 000	−100 000	−26 000	114 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	1 000	2 000
Financial Balance	−2 000	−2 000	−1 000	−2 000
Earnings Before Tax	446 000	−102 000	−27 000	112 000
Tax	28 000	0	48 000	25 000
Net Income	418 000	−102 000	−75 000	87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 253 000	2 335 000	2 423 000	2 517 000
Total Current Assets	1 059 000	1 318 000	1 633 000	1 656 000
Total Assets	3 312 000	3 653 000	4 056 000	4 173 000
Total Retained Equity	1 656 000	1 238 000	1 340 000	1 415 000
Total Equity	1 686 000	1 268 000	1 370 000	1 445 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 627 000	2 385 000	2 686 000	2 728 000
Total Equity and Debt	3 312 000	3 653 000	4 056 000	4 173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 583 000	1 985 000	1 945 000	1 232 000
Other Income	4 000	1 000	13 000	2 000
Revenue	1 587 000	1 986 000	1 958 000	1 233 000
Cost of Goods Sold	935 000	1 857 000	1 753 000	894 000
Salary Costs	1 000	0	0	4 000
Depreciation	82 000	88 000	94 000	102 000
Impairment	0	0	0	0
Expenditure	1 139 000	2 086 000	1 983 000	1 120 000
Operating Profit	448 000	−100 000	−26 000	114 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	1 000	2 000
Financial Balance	−2 000	−2 000	−1 000	−2 000
Dividends	0	0	0	0
Net Income	418 000	−102 000	−75 000	87 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 208 000	2 278 000	2 352 000	2 428 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	46 000	57 000	71 000	89 000
Total Tangible Assets	2 253 000	2 335 000	2 423 000	2 517 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 253 000	2 335 000	2 423 000	2 517 000
Stock	978 000	1 174 000	1 306 000	1 568 000
Total Investments	0	0	0	0
Cash, Bank	60 000	33 000	312 000	37 000
Total Current Assets	1 059 000	1 318 000	1 633 000	1 656 000
Total Assets	3 312 000	3 653 000	4 056 000	4 173 000
Total Equity	1 686 000	1 268 000	1 370 000	1 445 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	−1 000	0	−3 000
Unpaid Taxes	0	113 000	0	35 000
Dividends	0	0	0	0
Other Current Debt	1 596 000	2 273 000	2 638 000	2 671 000
Total Current Debt	1 627 000	2 385 000	2 686 000	2 728 000
Total Equity and Debt	3 312 000	3 653 000	4 056 000	4 173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,79 %	−8,04 %	−5,47 %	6,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,23 %	−5,04 %	−1,33 %	9,25 %
Current Ratio	0,65	0,55	0,61	0,61
Quick Ratio	1,63	1,09	1,18	1,43
Equity Ratio	0,51	0,35	0,34	0,35
Gross Profit Margin	41,08 %	6,5 %	10,47 %	27,49 %