KIRKEGATEN 25 AS

4020 STAVANGER

Finances

Share Ownership

Return on Equity

−2,1 %

Current Ratio

10,65

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	198 000	183 000	138 000	330 000
Net Income	−70 000	−104 000	−109 000	59 000
Total Assets	5 636 000	5 247 000	5 239 000	5 157 000
Total Equity	3 335 000	2 997 000	3 100 000	3 209 000

Income (NOK)	2022	2021	2020	2019
Revenue	198 000	183 000	138 000	330 000
Expenditure	242 000	270 000	237 000	210 000
Operating Profit	−44 000	−88 000	−99 000	120 000
Financial Income	0	0	0	0
Financial Costs	46 000	45 000	41 000	45 000
Financial Balance	−46 000	−45 000	−41 000	−45 000
Earnings Before Tax	−90 000	−133 000	−139 000	76 000
Tax	−20 000	−29 000	−31 000	17 000
Net Income	−70 000	−104 000	−109 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 837 000	5 077 000	5 139 000	5 097 000
Total Current Assets	799 000	170 000	100 000	60 000
Total Assets	5 636 000	5 247 000	5 239 000	5 157 000
Total Retained Equity	−165 000	−503 000	−400 000	−291 000
Total Equity	3 335 000	2 997 000	3 100 000	3 209 000
Total Long-Term Debt	2 226 000	2 180 000	2 076 000	1 935 000
Total Current Debt	75 000	70 000	63 000	13 000
Total Equity and Debt	5 636 000	5 247 000	5 239 000	5 157 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	198 000	183 000	138 000	330 000
Other Income	0	0	0	0
Revenue	198 000	183 000	138 000	330 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	144 000	142 000	133 000	124 000
Impairment	0	0	0	0
Expenditure	242 000	270 000	237 000	210 000
Operating Profit	−44 000	−88 000	−99 000	120 000
Financial Income	0	0	0	0
Financial Costs	46 000	45 000	41 000	45 000
Financial Balance	−46 000	−45 000	−41 000	−45 000
Dividends	0	0	0	0
Net Income	−70 000	−104 000	−109 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 000	171 000	142 000	111 000
Real Eastate	4 738 000	4 872 000	4 954 000	4 986 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	34 000	44 000	0
Total Tangible Assets	4 762 000	4 906 000	4 998 000	4 986 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 837 000	5 077 000	5 139 000	5 097 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	179 000	156 000	85 000	46 000
Total Current Assets	799 000	170 000	100 000	60 000
Total Assets	5 636 000	5 247 000	5 239 000	5 157 000
Total Equity	3 335 000	2 997 000	3 100 000	3 209 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 226 000	2 180 000	2 076 000	1 935 000
Creditors	5 000	2 000	0	0
Unpaid Taxes	6 000	5 000	3 000	13 000
Dividends	0	0	0	0
Other Current Debt	65 000	63 000	60 000	0
Total Current Debt	75 000	70 000	63 000	13 000
Total Equity and Debt	5 636 000	5 247 000	5 239 000	5 157 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,1 %	−3,47 %	−3,52 %	1,84 %
Debt-to-Equity Ratio	0,67	0,73	0,67	0,6
Operating Profit Margin	−22,22 %	−48,09 %	−71,74 %	36,36 %
Current Ratio	10,65	2,43	1,59	4,62
Quick Ratio	10,65	2,43	1,59	4,62
Equity Ratio	0,59	0,57	0,59	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %