VISIT KIRKENES REGION SA

9900 KIRKENES

Finances

Share Ownership

Return on Equity

5,34 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 371 000	3 164 000	1 470 000	1 499 000
Net Income	29 000	139 000	−88 000	237 000
Total Assets	979 000	1 643 000	1 189 000	737 000
Total Equity	543 000	484 000	325 000	413 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 371 000	3 164 000	1 470 000	1 499 000
Expenditure	1 330 000	2 984 000	1 580 000	1 194 000
Operating Profit	41 000	181 000	−111 000	305 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	0	0
Financial Balance	−1 000	−2 000	0	0
Earnings Before Tax	41 000	179 000	−112 000	305 000
Tax	11 000	40 000	−24 000	68 000
Net Income	29 000	139 000	−88 000	237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	141 000	173 000	110 000
Total Current Assets	870 000	1 502 000	1 016 000	627 000
Total Assets	979 000	1 643 000	1 189 000	737 000
Total Retained Equity	323 000	294 000	155 000	243 000
Total Equity	543 000	484 000	325 000	413 000
Total Long-Term Debt	2 000	3 000	4 000	2 000
Total Current Debt	434 000	1 155 000	860 000	322 000
Total Equity and Debt	979 000	1 643 000	1 189 000	737 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	394 000	531 000	46 000	283 000
Other Income	976 000	2 633 000	1 423 000	1 216 000
Revenue	1 371 000	3 164 000	1 470 000	1 499 000
Cost of Goods Sold	722 000	1 823 000	671 000	791 000
Salary Costs	0	72 000	0	0
Depreciation	32 000	32 000	31 000	18 000
Impairment	0	0	0	0
Expenditure	1 330 000	2 984 000	1 580 000	1 194 000
Operating Profit	41 000	181 000	−111 000	305 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	0	0
Financial Balance	−1 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	29 000	139 000	−88 000	237 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	109 000	141 000	173 000	110 000
Total Tangible Assets	109 000	141 000	173 000	110 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 000	141 000	173 000	110 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	416 000	965 000	390 000	562 000
Total Current Assets	870 000	1 502 000	1 016 000	627 000
Total Assets	979 000	1 643 000	1 189 000	737 000
Total Equity	543 000	484 000	325 000	413 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	3 000	4 000	2 000
Creditors	108 000	665 000	860 000	187 000
Unpaid Taxes	−36 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	350 000	450 000	0	69 000
Total Current Debt	434 000	1 155 000	860 000	322 000
Total Equity and Debt	979 000	1 643 000	1 189 000	737 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,34 %	28,72 %	−27,08 %	57,38 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	2,99 %	5,72 %	−7,55 %	20,35 %
Current Ratio	2	1,3	1,18	1,95
Quick Ratio	2	1,3	1,18	1,95
Equity Ratio	0,55	0,29	0,27	0,56
Gross Profit Margin	47,34 %	42,38 %	54,35 %	47,23 %