KIRKEGATEN 31 AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

16,44 %

Current Ratio

2,06

Debt-to-Equity Ratio

2,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	600 000	600 000	600 000	600 000
Net Income	239 000	274 000	219 000	215 000
Total Assets	5 582 000	5 598 000	5 572 000	5 660 000
Total Equity	1 454 000	1 216 000	942 000	723 000

Income (NOK)	2022	2021	2020	2019
Revenue	600 000	600 000	600 000	600 000
Expenditure	145 000	134 000	156 000	139 000
Operating Profit	455 000	466 000	444 000	462 000
Financial Income	0	0	0	0
Financial Costs	149 000	115 000	163 000	186 000
Financial Balance	−149 000	−115 000	−163 000	−186 000
Earnings Before Tax	306 000	351 000	281 000	275 000
Tax	67 000	77 000	62 000	61 000
Net Income	239 000	274 000	219 000	215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 171 000	5 253 000	5 335 000	5 417 000
Total Current Assets	411 000	346 000	238 000	243 000
Total Assets	5 582 000	5 598 000	5 572 000	5 660 000
Total Retained Equity	1 424 000	1 186 000	912 000	693 000
Total Equity	1 454 000	1 216 000	942 000	723 000
Total Long-Term Debt	3 928 000	4 167 000	4 422 000	4 678 000
Total Current Debt	200 000	216 000	209 000	259 000
Total Equity and Debt	5 582 000	5 598 000	5 572 000	5 660 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	600 000	600 000	600 000	600 000
Revenue	600 000	600 000	600 000	600 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	83 000	83 000	83 000	88 000
Impairment	0	0	0	0
Expenditure	145 000	134 000	156 000	139 000
Operating Profit	455 000	466 000	444 000	462 000
Financial Income	0	0	0	0
Financial Costs	149 000	115 000	163 000	186 000
Financial Balance	−149 000	−115 000	−163 000	−186 000
Dividends	0	0	0	0
Net Income	239 000	274 000	219 000	215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	11 000	10 000	9 000
Real Eastate	5 158 000	5 242 000	5 325 000	5 408 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 158 000	5 242 000	5 325 000	5 408 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 171 000	5 253 000	5 335 000	5 417 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	365 000	346 000	238 000	243 000
Total Current Assets	411 000	346 000	238 000	243 000
Total Assets	5 582 000	5 598 000	5 572 000	5 660 000
Total Equity	1 454 000	1 216 000	942 000	723 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 928 000	4 167 000	4 422 000	4 678 000
Creditors	0	0	8 000	0
Unpaid Taxes	130 000	137 000	139 000	134 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	63 000
Total Current Debt	200 000	216 000	209 000	259 000
Total Equity and Debt	5 582 000	5 598 000	5 572 000	5 660 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,44 %	22,53 %	23,25 %	29,74 %
Debt-to-Equity Ratio	2,7	3,43	4,69	6,47
Operating Profit Margin	75,83 %	77,67 %	74 %	77 %
Current Ratio	2,06	1,6	1,14	0,94
Quick Ratio	2,06	1,6	1,14	0,94
Equity Ratio	0,26	0,22	0,17	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %