KIRKEVEIEN 44 AS

3085 HOLMESTRAND

Finances

Share Ownership

Return on Equity

146,41 %

Current Ratio

2,1

Debt-to-Equity Ratio

−6,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	565 000	1 559 000	642 000	500 000
Net Income	−4 612 000	−4 832 000	−1 441 000	−367 000
Total Assets	23 855 000	26 034 000	13 863 000	8 182 000
Total Equity	−3 150 000	981 000	565 000	451 000

Income (NOK)	2022	2021	2020	2019
Revenue	565 000	1 559 000	642 000	500 000
Expenditure	5 013 000	7 376 000	2 188 000	731 000
Operating Profit	−4 447 000	−5 817 000	−1 546 000	−232 000
Financial Income	201 000	13 000	11 000	1 000
Financial Costs	653 000	391 000	312 000	239 000
Financial Balance	−452 000	−378 000	−301 000	−238 000
Earnings Before Tax	−4 899 000	−6 195 000	−1 847 000	−471 000
Tax	−287 000	−1 363 000	−406 000	−104 000
Net Income	−4 612 000	−4 832 000	−1 441 000	−367 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 947 000	12 681 000	10 020 000	7 301 000
Total Current Assets	10 908 000	13 353 000	3 843 000	881 000
Total Assets	23 855 000	26 034 000	13 863 000	8 182 000
Total Retained Equity	−10 726 000	−6 115 000	−1 282 000	158 000
Total Equity	−3 150 000	981 000	565 000	451 000
Total Long-Term Debt	21 815 000	15 947 000	11 431 000	7 277 000
Total Current Debt	5 190 000	9 106 000	1 867 000	455 000
Total Equity and Debt	23 855 000	26 034 000	13 863 000	8 182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 000	10 000	0	0
Other Income	535 000	1 549 000	642 000	500 000
Revenue	565 000	1 559 000	642 000	500 000
Cost of Goods Sold	369 000	0	3 000	8 000
Salary Costs	0	0	0	0
Depreciation	304 000	195 000	134 000	109 000
Impairment	0	0	0	0
Expenditure	5 013 000	7 376 000	2 188 000	731 000
Operating Profit	−4 447 000	−5 817 000	−1 546 000	−232 000
Financial Income	201 000	13 000	11 000	1 000
Financial Costs	653 000	391 000	312 000	239 000
Financial Balance	−452 000	−378 000	−301 000	−238 000
Dividends	0	0	0	0
Net Income	−4 612 000	−4 832 000	−1 441 000	−367 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 901 000	12 681 000	10 020 000	7 255 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	47 000	0	0	47 000
Total Tangible Assets	12 947 000	12 681 000	10 020 000	7 301 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 947 000	12 681 000	10 020 000	7 301 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 040 000	3 712 000	357 000	90 000
Total Current Assets	10 908 000	13 353 000	3 843 000	881 000
Total Assets	23 855 000	26 034 000	13 863 000	8 182 000
Total Equity	−3 150 000	981 000	565 000	451 000
Short-Term Group Debt	0	302 000	302 000	445 000
Total Long-Term Debt	21 815 000	15 947 000	11 431 000	7 277 000
Creditors	5 190 000	8 804 000	1 562 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	3 000	0
Total Current Debt	5 190 000	9 106 000	1 867 000	455 000
Total Equity and Debt	23 855 000	26 034 000	13 863 000	8 182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	146,41 %	−492,56 %	−255,04 %	−81,37 %
Debt-to-Equity Ratio	−6,93	16,26	20,23	16,14
Operating Profit Margin	−787,08 %	−373,12 %	−240,81 %	−46,4 %
Current Ratio	2,1	1,47	2,06	1,94
Quick Ratio	2,1	1,47	2,06	1,94
Equity Ratio	−0,13	0,04	0,04	0,06
Gross Profit Margin	34,69 %	100 %	99,53 %	98,4 %