KRISTIAN FALNES AS

4020 STAVANGER

Finances

Return on Equity

11,62 %

Current Ratio

33,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	76 056 000	52 102 000	115 329 000	43 785 000
Total Assets	672 101 000	596 577 000	549 876 000	441 219 000
Total Equity	654 633 000	589 377 000	544 476 000	434 547 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	1 754 000	339 000	297 000	328 000
Operating Profit	−1 754 000	−339 000	−297 000	−328 000
Financial Income	110 735 000	96 143 000	135 805 000	52 291 000
Financial Costs	26 268 000	43 702 000	21 713 000	6 020 000
Financial Balance	84 467 000	52 441 000	114 092 000	46 271 000
Earnings Before Tax	82 713 000	52 102 000	113 795 000	45 943 000
Tax	6 657 000	0	−1 534 000	2 158 000
Net Income	76 056 000	52 102 000	115 329 000	43 785 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	102 764 000	118 312 000	63 119 000	60 374 000
Total Current Assets	569 337 000	478 266 000	486 756 000	380 845 000
Total Assets	672 101 000	596 577 000	549 876 000	441 219 000
Total Retained Equity	651 643 000	586 387 000	541 486 000	431 557 000
Total Equity	654 633 000	589 377 000	544 476 000	434 547 000
Total Long-Term Debt	257 000	0	0	320 000
Total Current Debt	17 211 000	7 200 000	5 400 000	6 352 000
Total Equity and Debt	672 101 000	596 577 000	549 876 000	441 219 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 754 000	339 000	297 000	328 000
Operating Profit	−1 754 000	−339 000	−297 000	−328 000
Financial Income	110 735 000	96 143 000	135 805 000	52 291 000
Financial Costs	26 268 000	43 702 000	21 713 000	6 020 000
Financial Balance	84 467 000	52 441 000	114 092 000	46 271 000
Dividends	10 800 000	7 200 000	5 400 000	4 500 000
Net Income	76 056 000	52 102 000	115 329 000	43 785 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	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	102 764 000	118 312 000	63 119 000	60 374 000
Total Fixed Assets	102 764 000	118 312 000	63 119 000	60 374 000
Stock	0	0	0	0
Total Investments	533 066 000	449 036 000	455 157 000	373 174 000
Cash, Bank	33 692 000	25 493 000	29 024 000	4 925 000
Total Current Assets	569 337 000	478 266 000	486 756 000	380 845 000
Total Assets	672 101 000	596 577 000	549 876 000	441 219 000
Total Equity	654 633 000	589 377 000	544 476 000	434 547 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	257 000	0	0	320 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	10 800 000	7 200 000	5 400 000	4 500 000
Other Current Debt	11 000	0	0	14 000
Total Current Debt	17 211 000	7 200 000	5 400 000	6 352 000
Total Equity and Debt	672 101 000	596 577 000	549 876 000	441 219 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,62 %	8,84 %	21,18 %	10,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	33,08	66,43	90,14	59,96
Quick Ratio	33,08	66,43	90,14	59,96
Equity Ratio	0,97	0,99	0,99	0,98
Gross Profit Margin	-	-	-	-