KRISTENSEN POSSESSION AS

4400 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

62,25 %

Current Ratio

2,86

Debt-to-Equity Ratio

9,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	666 000	1 114 000	144 000	60 000
Net Income	188 000	80 000	13 000	−9 000
Total Assets	3 518 000	3 411 000	1 977 000	1 985 000
Total Equity	302 000	114 000	34 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	666 000	1 114 000	144 000	60 000
Expenditure	290 000	933 000	65 000	28 000
Operating Profit	377 000	180 000	78 000	32 000
Financial Income	0	0	0	0
Financial Costs	136 000	78 000	64 000	41 000
Financial Balance	−136 000	−78 000	−64 000	−41 000
Earnings Before Tax	241 000	102 000	15 000	−9 000
Tax	53 000	22 000	1 000	0
Net Income	188 000	80 000	13 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 146 000	3 217 000	1 796 000	1 944 000
Total Current Assets	1 372 000	194 000	181 000	42 000
Total Assets	3 518 000	3 411 000	1 977 000	1 985 000
Total Retained Equity	272 000	84 000	4 000	−9 000
Total Equity	302 000	114 000	34 000	21 000
Total Long-Term Debt	2 737 000	2 769 000	1 632 000	611 000
Total Current Debt	480 000	528 000	311 000	1 353 000
Total Equity and Debt	3 518 000	3 411 000	1 977 000	1 985 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	144 000	901 000	0	0
Other Income	522 000	213 000	144 000	60 000
Revenue	666 000	1 114 000	144 000	60 000
Cost of Goods Sold	64 000	748 000	0	0
Salary Costs	0	41 000	0	0
Depreciation	54 000	47 000	30 000	0
Impairment	0	0	0	0
Expenditure	290 000	933 000	65 000	28 000
Operating Profit	377 000	180 000	78 000	32 000
Financial Income	0	0	0	0
Financial Costs	136 000	78 000	64 000	41 000
Financial Balance	−136 000	−78 000	−64 000	−41 000
Dividends	0	0	0	0
Net Income	188 000	80 000	13 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 099 000	3 156 000	1 796 000	1 944 000
Machinery and Plant Facilities	47 000	61 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 146 000	3 217 000	1 796 000	1 944 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 146 000	3 217 000	1 796 000	1 944 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 372 000	149 000	174 000	41 000
Total Current Assets	1 372 000	194 000	181 000	42 000
Total Assets	3 518 000	3 411 000	1 977 000	1 985 000
Total Equity	302 000	114 000	34 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 737 000	2 769 000	1 632 000	611 000
Creditors	35 000	71 000	0	8 000
Unpaid Taxes	0	17 000	0	0
Dividends	0	0	0	0
Other Current Debt	445 000	439 000	311 000	300 000
Total Current Debt	480 000	528 000	311 000	1 353 000
Total Equity and Debt	3 518 000	3 411 000	1 977 000	1 985 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,25 %	70,18 %	38,24 %	−42,86 %
Debt-to-Equity Ratio	9,06	24,29	48	29,1
Operating Profit Margin	56,61 %	16,16 %	54,17 %	53,33 %
Current Ratio	2,86	0,37	0,58	0,03
Quick Ratio	2,86	0,37	0,58	0,03
Equity Ratio	0,09	0,03	0,02	0,01
Gross Profit Margin	90,39 %	32,85 %	100 %	100 %