KURLAND TERRASSE BORETTSLAG

1725 SARPSBORG

Finances

Share Ownership

Return on Equity

26,21 %

Current Ratio

3,36

Debt-to-Equity Ratio

25,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 504 000	1 438 000	1 146 000	910 000
Net Income	432 000	579 000	303 000	−97 000
Total Assets	43 104 000	43 238 000	43 221 000	42 977 000
Total Equity	1 648 000	1 216 000	637 000	334 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 504 000	1 438 000	1 146 000	910 000
Expenditure	893 000	733 000	584 000	738 000
Operating Profit	610 000	706 000	562 000	172 000
Financial Income	5 000	0	1 000	4 000
Financial Costs	188 000	132 000	265 000	278 000
Financial Balance	−183 000	−132 000	−264 000	−274 000
Earnings Before Tax	615 000	711 000	567 000	176 000
Tax	0	0	0	0
Net Income	432 000	579 000	303 000	−97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 500 000	42 500 000	42 500 000	42 500 000
Total Current Assets	604 000	738 000	721 000	477 000
Total Assets	43 104 000	43 238 000	43 221 000	42 977 000
Total Retained Equity	1 588 000	1 156 000	577 000	274 000
Total Equity	1 648 000	1 216 000	637 000	334 000
Total Long-Term Debt	41 275 000	41 884 000	42 500 000	42 500 000
Total Current Debt	180 000	138 000	83 000	143 000
Total Equity and Debt	43 104 000	43 238 000	43 221 000	42 977 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 504 000	1 438 000	1 146 000	910 000
Revenue	1 504 000	1 438 000	1 146 000	910 000
Cost of Goods Sold	0	0	0	0
Salary Costs	67 000	77 000	39 000	66 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	893 000	733 000	584 000	738 000
Operating Profit	610 000	706 000	562 000	172 000
Financial Income	5 000	0	1 000	4 000
Financial Costs	188 000	132 000	265 000	278 000
Financial Balance	−183 000	−132 000	−264 000	−274 000
Dividends	0	0	0	0
Net Income	432 000	579 000	303 000	−97 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	42 500 000	42 500 000	42 500 000	42 500 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	42 500 000	42 500 000	42 500 000	42 500 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 500 000	42 500 000	42 500 000	42 500 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	542 000	682 000	711 000	467 000
Total Current Assets	604 000	738 000	721 000	477 000
Total Assets	43 104 000	43 238 000	43 221 000	42 977 000
Total Equity	1 648 000	1 216 000	637 000	334 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	41 275 000	41 884 000	42 500 000	42 500 000
Creditors	93 000	85 000	33 000	22 000
Unpaid Taxes	1 000	7 000	0	16 000
Dividends	0	0	0	0
Other Current Debt	86 000	45 000	50 000	105 000
Total Current Debt	180 000	138 000	83 000	143 000
Total Equity and Debt	43 104 000	43 238 000	43 221 000	42 977 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,21 %	47,62 %	47,57 %	−29,04 %
Debt-to-Equity Ratio	25,05	34,44	66,72	127,25
Operating Profit Margin	40,56 %	49,1 %	49,04 %	18,9 %
Current Ratio	3,36	5,35	8,69	3,34
Quick Ratio	3,36	5,35	8,69	3,34
Equity Ratio	0,04	0,03	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %