KIRKENES NÆRINGSAREALER AS

9912 HESSENG

Finances

Share Ownership

Return on Equity

49,44 %

Current Ratio

0,45

Debt-to-Equity Ratio

14,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 664 000	1 516 000	1 407 000	1 056 000
Net Income	440 000	271 000	275 000	−215 000
Total Assets	15 701 000	15 320 000	15 258 000	16 238 000
Total Equity	890 000	450 000	−20 000	−296 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 664 000	1 516 000	1 407 000	1 056 000
Expenditure	778 000	774 000	836 000	939 000
Operating Profit	886 000	742 000	571 000	117 000
Financial Income	0	0	0	1 000
Financial Costs	322 000	231 000	294 000	333 000
Financial Balance	−322 000	−231 000	−294 000	−332 000
Earnings Before Tax	564 000	511 000	278 000	−215 000
Tax	124 000	68 000	2 000	0
Net Income	440 000	271 000	275 000	−215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 670 000	14 911 000	14 934 000	15 289 000
Total Current Assets	1 031 000	409 000	324 000	948 000
Total Assets	15 701 000	15 320 000	15 258 000	16 238 000
Total Retained Equity	660 000	220 000	−50 000	−326 000
Total Equity	890 000	450 000	−20 000	−296 000
Total Long-Term Debt	12 534 000	12 509 000	13 184 000	14 220 000
Total Current Debt	2 278 000	2 361 000	2 095 000	2 314 000
Total Equity and Debt	15 701 000	15 320 000	15 258 000	16 238 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 407 000	1 056 000
Other Income	1 664 000	1 516 000	0	0
Revenue	1 664 000	1 516 000	1 407 000	1 056 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	360 000	356 000	356 000	267 000
Impairment	0	0	0	0
Expenditure	778 000	774 000	836 000	939 000
Operating Profit	886 000	742 000	571 000	117 000
Financial Income	0	0	0	1 000
Financial Costs	322 000	231 000	294 000	333 000
Financial Balance	−322 000	−231 000	−294 000	−332 000
Dividends	0	0	0	0
Net Income	440 000	271 000	275 000	−215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	31 000	0	0
Real Eastate	14 384 000	14 644 000	14 934 000	15 289 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 384 000	14 644 000	14 934 000	15 289 000
Total Fiancial Fixed Assets	236 000	236 000	0	0
Total Fixed Assets	14 670 000	14 911 000	14 934 000	15 289 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	208 000	303 000	178 000	460 000
Total Current Assets	1 031 000	409 000	324 000	948 000
Total Assets	15 701 000	15 320 000	15 258 000	16 238 000
Total Equity	890 000	450 000	−20 000	−296 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 534 000	12 509 000	13 184 000	14 220 000
Creditors	1 982 000	2 140 000	1 969 000	2 188 000
Unpaid Taxes	32 000	−17 000	−2 000	0
Dividends	0	0	0	0
Other Current Debt	24 000	140 000	126 000	125 000
Total Current Debt	2 278 000	2 361 000	2 095 000	2 314 000
Total Equity and Debt	15 701 000	15 320 000	15 258 000	16 238 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,44 %	60,22 %	−1 375 %	72,64 %
Debt-to-Equity Ratio	14,08	27,8	−659,2	−48,04
Operating Profit Margin	53,25 %	48,94 %	40,58 %	11,08 %
Current Ratio	0,45	0,17	0,15	0,41
Quick Ratio	0,45	0,17	0,15	0,41
Equity Ratio	0,06	0,03	−0	−0,02
Gross Profit Margin	100 %	100 %	100 %	100 %