KASSEN EIENDOM AS

4646 FINSLAND

Finances

Share Ownership

Return on Equity

276,62 %

Current Ratio

2,33

Debt-to-Equity Ratio

−9,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	191 000	118 000	160 000	267 000
Net Income	−426 000	−77 000	−12 000	61 000
Total Assets	1 411 000	1 398 000	1 547 000	1 672 000
Total Equity	−154 000	272 000	349 000	361 000

Income (NOK)	2022	2021	2020	2019
Revenue	191 000	118 000	160 000	267 000
Expenditure	274 000	165 000	139 000	148 000
Operating Profit	−83 000	−46 000	22 000	119 000
Financial Income	0	0	0	0
Financial Costs	343 000	31 000	33 000	37 000
Financial Balance	−343 000	−31 000	−33 000	−37 000
Earnings Before Tax	−426 000	−77 000	−11 000	83 000
Tax	0	0	1 000	21 000
Net Income	−426 000	−77 000	−12 000	61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 177 000	1 226 000	1 276 000	1 326 000
Total Current Assets	235 000	172 000	271 000	346 000
Total Assets	1 411 000	1 398 000	1 547 000	1 672 000
Total Retained Equity	−254 000	172 000	249 000	261 000
Total Equity	−154 000	272 000	349 000	361 000
Total Long-Term Debt	1 464 000	622 000	683 000	769 000
Total Current Debt	101 000	504 000	515 000	542 000
Total Equity and Debt	1 411 000	1 398 000	1 547 000	1 672 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	191 000	118 000	160 000	267 000
Revenue	191 000	118 000	160 000	267 000
Cost of Goods Sold	0	12 000	0	0
Salary Costs	0	0	0	0
Depreciation	50 000	50 000	50 000	50 000
Impairment	0	0	0	0
Expenditure	274 000	165 000	139 000	148 000
Operating Profit	−83 000	−46 000	22 000	119 000
Financial Income	0	0	0	0
Financial Costs	343 000	31 000	33 000	37 000
Financial Balance	−343 000	−31 000	−33 000	−37 000
Dividends	0	0	0	0
Net Income	−426 000	−77 000	−12 000	61 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 177 000	1 226 000	1 276 000	1 326 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 177 000	1 226 000	1 276 000	1 326 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 177 000	1 226 000	1 276 000	1 326 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	20 000	91 000	236 000
Total Current Assets	235 000	172 000	271 000	346 000
Total Assets	1 411 000	1 398 000	1 547 000	1 672 000
Total Equity	−154 000	272 000	349 000	361 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 464 000	622 000	683 000	769 000
Creditors	97 000	3 000	4 000	7 000
Unpaid Taxes	0	0	0	4 000
Dividends	0	0	0	0
Other Current Debt	4 000	501 000	510 000	510 000
Total Current Debt	101 000	504 000	515 000	542 000
Total Equity and Debt	1 411 000	1 398 000	1 547 000	1 672 000

Financial indicators	2022	2021	2020	2019
Return on Equity	276,62 %	−28,31 %	−3,44 %	16,9 %
Debt-to-Equity Ratio	−9,51	2,29	1,96	2,13
Operating Profit Margin	−43,46 %	−38,98 %	13,75 %	44,57 %
Current Ratio	2,33	0,34	0,53	0,64
Quick Ratio	2,33	0,34	0,53	0,64
Equity Ratio	−0,11	0,19	0,23	0,22
Gross Profit Margin	100 %	89,83 %	100 %	100 %