KIRKEGATA 44 AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

11,74 %

Current Ratio

0,22

Debt-to-Equity Ratio

−5,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	619 000	124 000	0	0
Net Income	−89 000	−171 000	−255 000	−291 000
Total Assets	4 656 000	4 562 000	4 681 000	4 599 000
Total Equity	−758 000	−669 000	−247 000	−243 000

Income (NOK)	2022	2021	2020	2019
Revenue	619 000	124 000	0	0
Expenditure	415 000	166 000	152 000	142 000
Operating Profit	204 000	−42 000	−152 000	−142 000
Financial Income	0	0	5 000	0
Financial Costs	227 000	178 000	180 000	231 000
Financial Balance	−227 000	−178 000	−175 000	−231 000
Earnings Before Tax	−23 000	−219 000	−327 000	−373 000
Tax	66 000	−48 000	−72 000	−82 000
Net Income	−89 000	−171 000	−255 000	−291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 429 000	4 391 000	4 357 000	4 441 000
Total Current Assets	227 000	171 000	324 000	158 000
Total Assets	4 656 000	4 562 000	4 681 000	4 599 000
Total Retained Equity	−863 000	−774 000	−603 000	−348 000
Total Equity	−758 000	−669 000	−247 000	−243 000
Total Long-Term Debt	4 365 000	4 608 000	4 850 000	3 973 000
Total Current Debt	1 049 000	624 000	78 000	869 000
Total Equity and Debt	4 656 000	4 562 000	4 681 000	4 599 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	619 000	124 000	0	0
Revenue	619 000	124 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	97 000	85 000	85 000	85 000
Impairment	0	0	0	0
Expenditure	415 000	166 000	152 000	142 000
Operating Profit	204 000	−42 000	−152 000	−142 000
Financial Income	0	0	5 000	0
Financial Costs	227 000	178 000	180 000	231 000
Financial Balance	−227 000	−178 000	−175 000	−231 000
Dividends	0	0	0	0
Net Income	−89 000	−171 000	−255 000	−291 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	137 000	203 000	83 000	82 000
Real Eastate	4 292 000	4 189 000	4 274 000	4 359 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 292 000	4 189 000	4 274 000	4 359 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 429 000	4 391 000	4 357 000	4 441 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 000	2 000	2 000	2 000
Total Current Assets	227 000	171 000	324 000	158 000
Total Assets	4 656 000	4 562 000	4 681 000	4 599 000
Total Equity	−758 000	−669 000	−247 000	−243 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 365 000	4 608 000	4 850 000	3 973 000
Creditors	38 000	28 000	4 000	12 000
Unpaid Taxes	32 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	979 000	596 000	75 000	857 000
Total Current Debt	1 049 000	624 000	78 000	869 000
Total Equity and Debt	4 656 000	4 562 000	4 681 000	4 599 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,74 %	25,56 %	103,24 %	119,75 %
Debt-to-Equity Ratio	−5,76	−6,89	−19,64	−16,35
Operating Profit Margin	32,96 %	−33,87 %	-	-
Current Ratio	0,22	0,27	4,15	0,18
Quick Ratio	0,22	0,27	4,15	0,18
Equity Ratio	−0,16	−0,15	−0,05	−0,05
Gross Profit Margin	100 %	100 %	-	-