KORTBØLGEN 9 EIENDOM AS

1630 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

100,19 %

Current Ratio

10,63

Debt-to-Equity Ratio

−8,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	380 000	360 000	335 000	300 000
Net Income	−1 550 000	32 000	−2 000	−17 000
Total Assets	11 407 000	9 172 000	9 315 000	9 229 000
Total Equity	−1 547 000	3 000	−28 000	−27 000

Income (NOK)	2022	2021	2020	2019
Revenue	380 000	360 000	335 000	300 000
Expenditure	1 285 000	37 000	34 000	21 000
Operating Profit	−905 000	323 000	301 000	279 000
Financial Income	0	0	0	0
Financial Costs	637 000	282 000	303 000	312 000
Financial Balance	−637 000	−282 000	−303 000	−312 000
Earnings Before Tax	−1 543 000	41 000	−2 000	−33 000
Tax	8 000	9 000	0	−16 000
Net Income	−1 550 000	32 000	−2 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 886 000	9 166 000	9 175 000	8 398 000
Total Current Assets	521 000	6 000	141 000	832 000
Total Assets	11 407 000	9 172 000	9 315 000	9 229 000
Total Retained Equity	−1 775 000	−225 000	−257 000	−256 000
Total Equity	−1 547 000	3 000	−28 000	−27 000
Total Long-Term Debt	12 904 000	9 140 000	9 315 000	9 235 000
Total Current Debt	49 000	29 000	29 000	21 000
Total Equity and Debt	11 407 000	9 172 000	9 315 000	9 229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	380 000	360 000	335 000	300 000
Revenue	380 000	360 000	335 000	300 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	72 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 285 000	37 000	34 000	21 000
Operating Profit	−905 000	323 000	301 000	279 000
Financial Income	0	0	0	0
Financial Costs	637 000	282 000	303 000	312 000
Financial Balance	−637 000	−282 000	−303 000	−312 000
Dividends	0	0	0	0
Net Income	−1 550 000	32 000	−2 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	8 000	16 000	16 000
Real Eastate	10 886 000	9 158 000	9 158 000	8 382 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 886 000	9 158 000	9 158 000	8 382 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 886 000	9 166 000	9 175 000	8 398 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	458 000	0	66 000	832 000
Total Current Assets	521 000	6 000	141 000	832 000
Total Assets	11 407 000	9 172 000	9 315 000	9 229 000
Total Equity	−1 547 000	3 000	−28 000	−27 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 904 000	9 140 000	9 315 000	9 235 000
Creditors	0	5 000	0	0
Unpaid Taxes	20 000	14 000	21 000	12 000
Dividends	0	0	0	0
Other Current Debt	29 000	9 000	8 000	9 000
Total Current Debt	49 000	29 000	29 000	21 000
Total Equity and Debt	11 407 000	9 172 000	9 315 000	9 229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	100,19 %	1 066,67 %	7,14 %	62,96 %
Debt-to-Equity Ratio	−8,34	3 046,67	−332,68	−342,04
Operating Profit Margin	−238,16 %	89,72 %	89,85 %	93 %
Current Ratio	10,63	0,21	4,86	39,62
Quick Ratio	10,63	0,21	4,86	39,62
Equity Ratio	−0,14	0	−0	−0
Gross Profit Margin	100 %	100 %	100 %	100 %