KIRKEGATEN 29A AS

1632 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

195,34 %

Current Ratio

4,54

Debt-to-Equity Ratio

−4,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	308 000	384 000	446 000	360 000
Net Income	−754 000	59 000	174 000	−312 000
Total Assets	1 834 000	979 000	902 000	928 000
Total Equity	−386 000	24 000	−35 000	−209 000

Income (NOK)	2022	2021	2020	2019
Revenue	308 000	384 000	446 000	360 000
Expenditure	1 174 000	317 000	275 000	710 000
Operating Profit	−866 000	68 000	171 000	−350 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	0	0	0	0
Financial Balance	3 000	3 000	3 000	3 000
Earnings Before Tax	−863 000	71 000	174 000	−346 000
Tax	−109 000	13 000	0	−35 000
Net Income	−754 000	59 000	174 000	−312 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	405 000	510 000	622 000	734 000
Total Current Assets	1 429 000	470 000	281 000	195 000
Total Assets	1 834 000	979 000	902 000	928 000
Total Retained Equity	−855 000	−101 000	−160 000	−334 000
Total Equity	−386 000	24 000	−35 000	−209 000
Total Long-Term Debt	1 905 000	943 000	930 000	1 130 000
Total Current Debt	315 000	13 000	7 000	7 000
Total Equity and Debt	1 834 000	979 000	902 000	928 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	308 000	384 000	446 000	360 000
Revenue	308 000	384 000	446 000	360 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	105 000	112 000	112 000	112 000
Impairment	0	0	0	0
Expenditure	1 174 000	317 000	275 000	710 000
Operating Profit	−866 000	68 000	171 000	−350 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	0	0	0	0
Financial Balance	3 000	3 000	3 000	3 000
Dividends	0	0	0	0
Net Income	−754 000	59 000	174 000	−312 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	405 000	510 000	622 000	734 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	405 000	510 000	622 000	734 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	405 000	510 000	622 000	734 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	633 000	448 000	276 000	190 000
Total Current Assets	1 429 000	470 000	281 000	195 000
Total Assets	1 834 000	979 000	902 000	928 000
Total Equity	−386 000	24 000	−35 000	−209 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 905 000	943 000	930 000	1 130 000
Creditors	306 000	4 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 000	9 000	7 000	7 000
Total Current Debt	315 000	13 000	7 000	7 000
Total Equity and Debt	1 834 000	979 000	902 000	928 000

Financial indicators	2022	2021	2020	2019
Return on Equity	195,34 %	245,83 %	−497,14 %	149,28 %
Debt-to-Equity Ratio	−4,94	39,29	−26,57	−5,41
Operating Profit Margin	−281,17 %	17,71 %	38,34 %	−97,22 %
Current Ratio	4,54	36,15	40,14	27,86
Quick Ratio	4,54	36,15	40,14	27,86
Equity Ratio	−0,21	0,02	−0,04	−0,23
Gross Profit Margin	100 %	100 %	100 %	100 %