K CHRISTENSEN INVEST AS

4848 ARENDAL

Finances

Return on Equity

12,5 %

Current Ratio

0,22

Debt-to-Equity Ratio

2,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	332 000	282 000	259 000	6 042 000
Net Income	7 415 000	25 657 000	14 372 000	11 048 000
Total Assets	224 180 000	143 210 000	105 623 000	110 022 000
Total Equity	59 330 000	54 914 000	29 257 000	29 900 000

Income (NOK)	2022	2021	2020	2019
Revenue	332 000	282 000	259 000	6 042 000
Expenditure	412 000	485 000	729 000	3 716 000
Operating Profit	−80 000	−203 000	−470 000	2 326 000
Financial Income	13 918 000	27 785 000	17 109 000	11 939 000
Financial Costs	5 296 000	1 849 000	2 111 000	1 623 000
Financial Balance	8 622 000	25 936 000	14 998 000	10 316 000
Earnings Before Tax	8 542 000	25 733 000	14 528 000	12 642 000
Tax	1 127 000	76 000	156 000	1 593 000
Net Income	7 415 000	25 657 000	14 372 000	11 048 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	214 077 000	139 297 000	99 626 000	95 600 000
Total Current Assets	10 103 000	3 913 000	5 997 000	14 422 000
Total Assets	224 180 000	143 210 000	105 623 000	110 022 000
Total Retained Equity	57 905 000	53 490 000	27 833 000	28 600 000
Total Equity	59 330 000	54 914 000	29 257 000	29 900 000
Total Long-Term Debt	119 147 000	87 354 000	70 382 000	68 467 000
Total Current Debt	45 704 000	941 000	5 984 000	11 654 000
Total Equity and Debt	224 180 000	143 210 000	105 623 000	110 022 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	144 000	208 000	195 000	0
Other Income	188 000	74 000	64 000	6 042 000
Revenue	332 000	282 000	259 000	6 042 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	7 000	7 000	7 000	1 621 000
Impairment	0	0	0	0
Expenditure	412 000	485 000	729 000	3 716 000
Operating Profit	−80 000	−203 000	−470 000	2 326 000
Financial Income	13 918 000	27 785 000	17 109 000	11 939 000
Financial Costs	5 296 000	1 849 000	2 111 000	1 623 000
Financial Balance	8 622 000	25 936 000	14 998 000	10 316 000
Dividends	3 000 000	0	15 140 000	0
Net Income	7 415 000	25 657 000	14 372 000	11 048 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 948 000	3 868 000	3 868 000	47 273 000
Machinery and Plant Facilities	7 000	14 000	21 000	60 000
Fixtures	0	0	0	0
Total Tangible Assets	1 955 000	3 882 000	3 889 000	47 333 000
Total Fiancial Fixed Assets	212 122 000	135 415 000	95 737 000	48 267 000
Total Fixed Assets	214 077 000	139 297 000	99 626 000	95 600 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 453 000	1 802 000	3 921 000	2 188 000
Total Current Assets	10 103 000	3 913 000	5 997 000	14 422 000
Total Assets	224 180 000	143 210 000	105 623 000	110 022 000
Total Equity	59 330 000	54 914 000	29 257 000	29 900 000
Short-Term Group Debt	4 981 000	0	1 254 000	7 879 000
Total Long-Term Debt	119 147 000	87 354 000	70 382 000	68 467 000
Creditors	13 000	43 000	76 000	1 065 000
Unpaid Taxes	0	0	80 000	0
Dividends	3 000 000	0	15 140 000	0
Other Current Debt	40 710 000	820 000	3 995 000	1 134 000
Total Current Debt	45 704 000	941 000	5 984 000	11 654 000
Total Equity and Debt	224 180 000	143 210 000	105 623 000	110 022 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,5 %	46,72 %	49,12 %	36,95 %
Debt-to-Equity Ratio	2,01	1,59	2,41	2,29
Operating Profit Margin	−24,1 %	−71,99 %	−181,47 %	38,5 %
Current Ratio	0,22	4,16	1	1,24
Quick Ratio	0,22	4,16	1	1,24
Equity Ratio	0,26	0,38	0,28	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %