KIRKENÆR HANDELSEIENDOM AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

12,07 %

Current Ratio

5,44

Debt-to-Equity Ratio

7,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 475 000	1 437 000	1 419 000	1 400 000
Net Income	273 000	389 000	154 000	172 000
Total Assets	20 306 000	20 342 000	21 472 000	20 582 000
Total Equity	2 261 000	2 120 000	1 951 000	1 750 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 475 000	1 437 000	1 419 000	1 400 000
Expenditure	525 000	508 000	511 000	551 000
Operating Profit	950 000	929 000	908 000	849 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	601 000	431 000	711 000	630 000
Financial Balance	−599 000	−430 000	−711 000	−629 000
Earnings Before Tax	351 000	499 000	197 000	221 000
Tax	77 000	110 000	43 000	49 000
Net Income	273 000	389 000	154 000	172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 963 000	19 332 000	19 701 000	20 070 000
Total Current Assets	1 343 000	1 010 000	1 771 000	512 000
Total Assets	20 306 000	20 342 000	21 472 000	20 582 000
Total Retained Equity	650 000	510 000	341 000	187 000
Total Equity	2 261 000	2 120 000	1 951 000	1 750 000
Total Long-Term Debt	17 798 000	17 875 000	19 457 000	18 771 000
Total Current Debt	247 000	347 000	64 000	61 000
Total Equity and Debt	20 306 000	20 342 000	21 472 000	20 582 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 475 000	1 437 000	1 419 000	1 400 000
Other Income	0	0	0	0
Revenue	1 475 000	1 437 000	1 419 000	1 400 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	369 000	369 000	369 000	369 000
Impairment	0	0	0	0
Expenditure	525 000	508 000	511 000	551 000
Operating Profit	950 000	929 000	908 000	849 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	601 000	431 000	711 000	630 000
Financial Balance	−599 000	−430 000	−711 000	−629 000
Dividends	0	0	0	0
Net Income	273 000	389 000	154 000	172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 963 000	19 332 000	19 701 000	20 070 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 963 000	19 332 000	19 701 000	20 070 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 963 000	19 332 000	19 701 000	20 070 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 337 000	1 004 000	1 696 000	418 000
Total Current Assets	1 343 000	1 010 000	1 771 000	512 000
Total Assets	20 306 000	20 342 000	21 472 000	20 582 000
Total Equity	2 261 000	2 120 000	1 951 000	1 750 000
Short-Term Group Debt	171 000	282 000	0	0
Total Long-Term Debt	17 798 000	17 875 000	19 457 000	18 771 000
Creditors	12 000	0	0	0
Unpaid Taxes	56 000	57 000	56 000	53 000
Dividends	0	0	0	0
Other Current Debt	8 000	8 000	8 000	8 000
Total Current Debt	247 000	347 000	64 000	61 000
Total Equity and Debt	20 306 000	20 342 000	21 472 000	20 582 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,07 %	18,35 %	7,89 %	9,83 %
Debt-to-Equity Ratio	7,87	8,43	9,97	10,73
Operating Profit Margin	64,41 %	64,65 %	63,99 %	60,64 %
Current Ratio	5,44	2,91	27,67	8,39
Quick Ratio	5,44	2,91	27,67	8,39
Equity Ratio	0,11	0,1	0,09	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %