KIRKEGATA 59 AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

16,51 %

Current Ratio

0,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 779 000	2 701 000	2 347 000	3 670 000
Net Income	1 515 000	1 465 000	689 000	135 000
Total Assets	11 125 000	10 865 000	10 346 000	14 530 000
Total Equity	9 175 000	9 074 000	8 947 000	13 792 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 779 000	2 701 000	2 347 000	3 670 000
Expenditure	484 000	470 000	1 483 000	3 559 000
Operating Profit	1 905 000	1 838 000	864 000	111 000
Financial Income	37 000	40 000	20 000	62 000
Financial Costs	0	0	0	0
Financial Balance	37 000	40 000	20 000	62 000
Earnings Before Tax	1 943 000	1 878 000	884 000	173 000
Tax	427 000	413 000	194 000	38 000
Net Income	1 515 000	1 465 000	689 000	135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 991 000	10 473 000	9 352 000	9 980 000
Total Current Assets	134 000	392 000	994 000	4 550 000
Total Assets	11 125 000	10 865 000	10 346 000	14 530 000
Total Retained Equity	229 000	128 000	0	96 000
Total Equity	9 175 000	9 074 000	8 947 000	13 792 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 950 000	1 791 000	1 399 000	738 000
Total Equity and Debt	11 125 000	10 865 000	10 346 000	14 530 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 389 000	2 308 000	2 347 000	0
Other Income	390 000	393 000	0	3 670 000
Revenue	2 779 000	2 701 000	2 347 000	3 670 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	377 000	377 000	379 000	568 000
Impairment	0	0	0	0
Expenditure	484 000	470 000	1 483 000	3 559 000
Operating Profit	1 905 000	1 838 000	864 000	111 000
Financial Income	37 000	40 000	20 000	62 000
Financial Costs	0	0	0	0
Financial Balance	37 000	40 000	20 000	62 000
Dividends	0	0	5 000 000	0
Net Income	1 515 000	1 465 000	689 000	135 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 674 000	1 703 000	1 739 000	1 782 000
Real Eastate	8 298 000	7 847 000	7 613 000	8 198 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 298 000	7 847 000	7 613 000	8 198 000
Total Fiancial Fixed Assets	1 019 000	924 000	0	0
Total Fixed Assets	10 991 000	10 473 000	9 352 000	9 980 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	134 000	387 000	917 000	0
Total Current Assets	134 000	392 000	994 000	4 550 000
Total Assets	11 125 000	10 865 000	10 346 000	14 530 000
Total Equity	9 175 000	9 074 000	8 947 000	13 792 000
Short-Term Group Debt	1 813 000	1 715 000	685 000	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	76 000	13 000	354 000
Unpaid Taxes	132 000	0	−8 000	0
Dividends	0	0	5 000 000	0
Other Current Debt	0	0	708 000	383 000
Total Current Debt	1 950 000	1 791 000	1 399 000	738 000
Total Equity and Debt	11 125 000	10 865 000	10 346 000	14 530 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,51 %	16,15 %	7,7 %	0,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	68,55 %	68,05 %	36,81 %	3,02 %
Current Ratio	0,07	0,22	0,71	6,17
Quick Ratio	0,07	0,22	0,71	6,17
Equity Ratio	0,82	0,84	0,86	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %