OLAV KYRRESGATE 2 AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

19,45 %

Current Ratio

4,42

Debt-to-Equity Ratio

−8,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 075 000	1 768 000	1 761 000	468 000
Net Income	−556 000	−497 000	−735 000	−973 000
Total Assets	21 404 000	22 021 000	23 784 000	23 742 000
Total Equity	−2 859 000	−2 302 000	−1 805 000	−1 070 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 075 000	1 768 000	1 761 000	468 000
Expenditure	1 392 000	1 395 000	1 587 000	608 000
Operating Profit	683 000	373 000	175 000	−140 000
Financial Income	0	0	0	0
Financial Costs	1 239 000	871 000	909 000	834 000
Financial Balance	−1 239 000	−871 000	−909 000	−834 000
Earnings Before Tax	−556 000	−497 000	−735 000	−973 000
Tax	0	0	0	0
Net Income	−556 000	−497 000	−735 000	−973 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 612 000	21 357 000	22 092 000	22 650 000
Total Current Assets	792 000	664 000	1 691 000	1 092 000
Total Assets	21 404 000	22 021 000	23 784 000	23 742 000
Total Retained Equity	−2 959 000	−2 402 000	−1 905 000	−1 170 000
Total Equity	−2 859 000	−2 302 000	−1 805 000	−1 070 000
Total Long-Term Debt	24 084 000	23 992 000	25 230 000	24 489 000
Total Current Debt	179 000	331 000	359 000	324 000
Total Equity and Debt	21 404 000	22 021 000	23 784 000	23 742 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 075 000	1 768 000	1 761 000	468 000
Revenue	2 075 000	1 768 000	1 761 000	468 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	745 000	767 000	816 000	330 000
Impairment	0	0	0	0
Expenditure	1 392 000	1 395 000	1 587 000	608 000
Operating Profit	683 000	373 000	175 000	−140 000
Financial Income	0	0	0	0
Financial Costs	1 239 000	871 000	909 000	834 000
Financial Balance	−1 239 000	−871 000	−909 000	−834 000
Dividends	0	0	0	0
Net Income	−556 000	−497 000	−735 000	−973 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 467 000	21 139 000	21 834 000	22 421 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	145 000	218 000	258 000	229 000
Total Tangible Assets	20 612 000	21 357 000	22 092 000	22 650 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 612 000	21 357 000	22 092 000	22 650 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	239 000	298 000	1 430 000	163 000
Total Current Assets	792 000	664 000	1 691 000	1 092 000
Total Assets	21 404 000	22 021 000	23 784 000	23 742 000
Total Equity	−2 859 000	−2 302 000	−1 805 000	−1 070 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 084 000	23 992 000	25 230 000	24 489 000
Creditors	9 000	105 000	125 000	238 000
Unpaid Taxes	38 000	35 000	28 000	0
Dividends	0	0	0	0
Other Current Debt	132 000	191 000	205 000	86 000
Total Current Debt	179 000	331 000	359 000	324 000
Total Equity and Debt	21 404 000	22 021 000	23 784 000	23 742 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,45 %	21,59 %	40,72 %	90,93 %
Debt-to-Equity Ratio	−8,42	−10,42	−13,98	−22,89
Operating Profit Margin	32,92 %	21,1 %	9,94 %	−29,91 %
Current Ratio	4,42	2,01	4,71	3,37
Quick Ratio	4,42	2,01	4,71	3,37
Equity Ratio	−0,13	−0,1	−0,08	−0,05
Gross Profit Margin	100 %	100 %	100 %	100 %