KIRKENES INVEST HOLDING AS

9901 KIRKENES

Finances

Return on Equity

−51,07 %

Current Ratio

1,12

Debt-to-Equity Ratio

−43,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 000	33 000	857 000	6 862 000
Net Income	1 024 000	−3 659 000	−1 817 000	−1 073 000
Total Assets	92 886 000	88 678 000	91 115 000	102 245 000
Total Equity	−2 005 000	−3 029 000	630 000	2 447 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 000	33 000	857 000	6 862 000
Expenditure	820 000	718 000	330 000	3 482 000
Operating Profit	−796 000	−685 000	527 000	3 380 000
Financial Income	6 532 000	99 000	425 000	1 568 000
Financial Costs	4 711 000	3 073 000	3 281 000	6 324 000
Financial Balance	1 821 000	−2 974 000	−2 856 000	−4 756 000
Earnings Before Tax	1 024 000	−3 659 000	−2 329 000	−1 376 000
Tax	0	0	−512 000	−303 000
Net Income	1 024 000	−3 659 000	−1 817 000	−1 073 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	84 238 000	88 610 000	87 810 000	86 593 000
Total Current Assets	8 648 000	69 000	3 305 000	15 652 000
Total Assets	92 886 000	88 678 000	91 115 000	102 245 000
Total Retained Equity	−2 105 000	−3 129 000	530 000	449 000
Total Equity	−2 005 000	−3 029 000	630 000	2 447 000
Total Long-Term Debt	87 149 000	88 570 000	89 006 000	91 525 000
Total Current Debt	7 742 000	3 137 000	1 478 000	8 273 000
Total Equity and Debt	92 886 000	88 678 000	91 115 000	102 245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 003 000	27 000	2 892 000
Other Income	24 000	−971 000	830 000	3 971 000
Revenue	24 000	33 000	857 000	6 862 000
Cost of Goods Sold	0	0	82 000	2 954 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	820 000	718 000	330 000	3 482 000
Operating Profit	−796 000	−685 000	527 000	3 380 000
Financial Income	6 532 000	99 000	425 000	1 568 000
Financial Costs	4 711 000	3 073 000	3 281 000	6 324 000
Financial Balance	1 821 000	−2 974 000	−2 856 000	−4 756 000
Dividends	0	0	0	0
Net Income	1 024 000	−3 659 000	−1 817 000	−1 073 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	84 238 000	88 610 000	87 810 000	86 593 000
Total Fixed Assets	84 238 000	88 610 000	87 810 000	86 593 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 000	1 000	166 000	58 000
Total Current Assets	8 648 000	69 000	3 305 000	15 652 000
Total Assets	92 886 000	88 678 000	91 115 000	102 245 000
Total Equity	−2 005 000	−3 029 000	630 000	2 447 000
Short-Term Group Debt	2 193 000	625 000	771 000	300 000
Total Long-Term Debt	87 149 000	88 570 000	89 006 000	91 525 000
Creditors	663 000	169 000	200 000	330 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 885 000	2 344 000	507 000	7 643 000
Total Current Debt	7 742 000	3 137 000	1 478 000	8 273 000
Total Equity and Debt	92 886 000	88 678 000	91 115 000	102 245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,07 %	120,8 %	−288,41 %	−43,85 %
Debt-to-Equity Ratio	−43,47	−29,24	141,28	37,4
Operating Profit Margin	−3 316,67 %	−2 075,76 %	61,49 %	49,26 %
Current Ratio	1,12	0,02	2,24	1,89
Quick Ratio	1,12	0,02	2,24	1,89
Equity Ratio	−0,02	−0,03	0,01	0,02
Gross Profit Margin	100 %	100 %	90,43 %	56,95 %