KURT AS

0691 OSLO

Finances

Return on Equity

−5,37 %

Current Ratio

5,44

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 000	90 000	180 000	180 000
Net Income	−1 257 000	4 638 000	8 296 000	4 704 000
Total Assets	29 267 000	30 743 000	44 440 000	37 319 000
Total Equity	23 420 000	24 677 000	42 168 000	33 872 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 000	90 000	180 000	180 000
Expenditure	75 000	159 000	314 000	89 000
Operating Profit	15 000	−69 000	−134 000	91 000
Financial Income	2 488 000	5 203 000	8 974 000	4 978 000
Financial Costs	3 787 000	480 000	535 000	213 000
Financial Balance	−1 299 000	4 723 000	8 439 000	4 765 000
Earnings Before Tax	−1 283 000	4 654 000	8 306 000	4 856 000
Tax	−26 000	16 000	10 000	151 000
Net Income	−1 257 000	4 638 000	8 296 000	4 704 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 505 000	2 505 000	5 010 000	5 151 000
Total Current Assets	26 762 000	28 238 000	39 430 000	32 168 000
Total Assets	29 267 000	30 743 000	44 440 000	37 319 000
Total Retained Equity	22 309 000	23 566 000	39 947 000	31 651 000
Total Equity	23 420 000	24 677 000	42 168 000	33 872 000
Total Long-Term Debt	931 000	1 027 000	2 177 000	2 412 000
Total Current Debt	4 916 000	5 039 000	95 000	1 034 000
Total Equity and Debt	29 267 000	30 743 000	44 440 000	37 319 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	90 000	90 000	180 000	180 000
Revenue	90 000	90 000	180 000	180 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	114 000	0
Depreciation	0	0	8 000	8 000
Impairment	0	0	0	0
Expenditure	75 000	159 000	314 000	89 000
Operating Profit	15 000	−69 000	−134 000	91 000
Financial Income	2 488 000	5 203 000	8 974 000	4 978 000
Financial Costs	3 787 000	480 000	535 000	213 000
Financial Balance	−1 299 000	4 723 000	8 439 000	4 765 000
Dividends	0	0	0	1 000 000
Net Income	−1 257 000	4 638 000	8 296 000	4 704 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 911 000	1 911 000	3 822 000	3 830 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 911 000	1 911 000	3 822 000	3 830 000
Total Fiancial Fixed Assets	594 000	594 000	1 188 000	1 321 000
Total Fixed Assets	2 505 000	2 505 000	5 010 000	5 151 000
Stock	0	0	0	0
Total Investments	15 366 000	16 813 000	28 966 000	25 414 000
Cash, Bank	11 396 000	10 225 000	10 464 000	6 753 000
Total Current Assets	26 762 000	28 238 000	39 430 000	32 168 000
Total Assets	29 267 000	30 743 000	44 440 000	37 319 000
Total Equity	23 420 000	24 677 000	42 168 000	33 872 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	931 000	1 027 000	2 177 000	2 412 000
Creditors	24 000	99 000	19 000	0
Unpaid Taxes	0	0	57 000	0
Dividends	0	0	0	1 000 000
Other Current Debt	4 892 000	4 940 000	5 000	11 000
Total Current Debt	4 916 000	5 039 000	95 000	1 034 000
Total Equity and Debt	29 267 000	30 743 000	44 440 000	37 319 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,37 %	18,79 %	19,67 %	13,89 %
Debt-to-Equity Ratio	0,04	0,04	0,05	0,07
Operating Profit Margin	16,67 %	−76,67 %	−74,44 %	50,56 %
Current Ratio	5,44	5,6	415,05	31,11
Quick Ratio	5,44	5,6	415,05	31,11
Equity Ratio	0,8	0,8	0,95	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %