KIRKEVEGEN 11 AS

4280 SKUDENESHAVN

Finances

Share Ownership

Return on Equity

13,35 %

Current Ratio

13,1

Debt-to-Equity Ratio

3,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	168 000	168 000	168 000	168 000
Net Income	59 000	64 000	33 000	−20 000
Total Assets	2 143 000	2 085 000	2 007 000	2 007 000
Total Equity	442 000	383 000	319 000	285 000

Income (NOK)	2022	2021	2020	2019
Revenue	168 000	168 000	168 000	168 000
Expenditure	92 000	85 000	84 000	137 000
Operating Profit	76 000	83 000	84 000	31 000
Financial Income	0	0	0	0
Financial Costs	0	0	41 000	56 000
Financial Balance	0	0	−41 000	−56 000
Earnings Before Tax	76 000	83 000	43 000	−25 000
Tax	17 000	18 000	9 000	−6 000
Net Income	59 000	64 000	33 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 881 000	1 919 000	1 956 000	1 999 000
Total Current Assets	262 000	167 000	51 000	8 000
Total Assets	2 143 000	2 085 000	2 007 000	2 007 000
Total Retained Equity	142 000	83 000	19 000	−15 000
Total Equity	442 000	383 000	319 000	285 000
Total Long-Term Debt	1 681 000	1 681 000	1 682 000	1 722 000
Total Current Debt	20 000	21 000	7 000	0
Total Equity and Debt	2 143 000	2 085 000	2 007 000	2 007 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	168 000	168 000	168 000	168 000
Revenue	168 000	168 000	168 000	168 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	38 000	38 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	92 000	85 000	84 000	137 000
Operating Profit	76 000	83 000	84 000	31 000
Financial Income	0	0	0	0
Financial Costs	0	0	41 000	56 000
Financial Balance	0	0	−41 000	−56 000
Dividends	0	0	0	0
Net Income	59 000	64 000	33 000	−20 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	4 000
Real Eastate	1 880 000	1 918 000	1 956 000	1 995 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 880 000	1 918 000	1 956 000	1 995 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 881 000	1 919 000	1 956 000	1 999 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	256 000	161 000	46 000	5 000
Total Current Assets	262 000	167 000	51 000	8 000
Total Assets	2 143 000	2 085 000	2 007 000	2 007 000
Total Equity	442 000	383 000	319 000	285 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 681 000	1 681 000	1 682 000	1 722 000
Creditors	2 000	2 000	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	20 000	21 000	7 000	0
Total Equity and Debt	2 143 000	2 085 000	2 007 000	2 007 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,35 %	16,71 %	10,34 %	−7,02 %
Debt-to-Equity Ratio	3,8	4,39	5,27	6,04
Operating Profit Margin	45,24 %	49,4 %	50 %	18,45 %
Current Ratio	13,1	7,95	7,29	-
Quick Ratio	13,1	7,95	7,29	-
Equity Ratio	0,21	0,18	0,16	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %