KURSIV EIENDOMSMEGLING AS

1712 GRÅLUM

Finances

Return on Equity

78,91 %

Current Ratio

1,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 896 000	29 987 000	24 400 000	22 091 000
Net Income	4 079 000	4 093 000	3 814 000	3 087 000
Total Assets	12 379 000	14 394 000	11 869 000	9 751 000
Total Equity	5 169 000	3 590 000	3 347 000	4 033 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 896 000	29 987 000	24 400 000	22 091 000
Expenditure	23 330 000	24 515 000	19 542 000	18 011 000
Operating Profit	4 567 000	5 473 000	4 857 000	4 079 000
Financial Income	358 000	1 000	110 000	86 000
Financial Costs	−5 000	20 000	17 000	6 000
Financial Balance	363 000	−19 000	93 000	80 000
Earnings Before Tax	4 929 000	5 454 000	4 950 000	4 159 000
Tax	850 000	1 362 000	1 135 000	1 071 000
Net Income	4 079 000	4 093 000	3 814 000	3 087 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	390 000	28 000	55 000	83 000
Total Current Assets	11 989 000	14 366 000	11 813 000	9 668 000
Total Assets	12 379 000	14 394 000	11 869 000	9 751 000
Total Retained Equity	4 669 000	3 101 000	2 858 000	3 544 000
Total Equity	5 169 000	3 590 000	3 347 000	4 033 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 210 000	10 804 000	8 521 000	5 718 000
Total Equity and Debt	12 379 000	14 394 000	11 869 000	9 751 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 415 000	29 517 000	24 039 000	21 777 000
Other Income	481 000	469 000	362 000	314 000
Revenue	27 896 000	29 987 000	24 400 000	22 091 000
Cost of Goods Sold	7 139 000	6 872 000	6 274 000	5 369 000
Salary Costs	12 678 000	12 676 000	9 807 000	8 787 000
Depreciation	34 000	28 000	63 000	67 000
Impairment	0	0	0	0
Expenditure	23 330 000	24 515 000	19 542 000	18 011 000
Operating Profit	4 567 000	5 473 000	4 857 000	4 079 000
Financial Income	358 000	1 000	110 000	86 000
Financial Costs	−5 000	20 000	17 000	6 000
Financial Balance	363 000	−19 000	93 000	80 000
Dividends	2 500 000	1 000 000	3 000 000	1 500 000
Net Income	4 079 000	4 093 000	3 814 000	3 087 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	186 000	28 000	55 000	83 000
Total Tangible Assets	186 000	28 000	55 000	83 000
Total Fiancial Fixed Assets	204 000	0	0	0
Total Fixed Assets	390 000	28 000	55 000	83 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 162 000	3 715 000	3 184 000	3 024 000
Total Current Assets	11 989 000	14 366 000	11 813 000	9 668 000
Total Assets	12 379 000	14 394 000	11 869 000	9 751 000
Total Equity	5 169 000	3 590 000	3 347 000	4 033 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	893 000	934 000	1 046 000	306 000
Unpaid Taxes	1 157 000	1 673 000	1 315 000	1 318 000
Dividends	2 500 000	1 000 000	3 000 000	1 500 000
Other Current Debt	1 810 000	2 985 000	2 025 000	1 519 000
Total Current Debt	7 210 000	10 804 000	8 521 000	5 718 000
Total Equity and Debt	12 379 000	14 394 000	11 869 000	9 751 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,91 %	114,01 %	113,95 %	76,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,37 %	18,25 %	19,91 %	18,46 %
Current Ratio	1,66	1,33	1,39	1,69
Quick Ratio	1,66	1,33	1,39	1,69
Equity Ratio	0,42	0,25	0,28	0,41
Gross Profit Margin	74,41 %	77,08 %	74,29 %	75,7 %