KIRKESTIEN EIENDOM AS

4012 STAVANGER

Finances

Share Ownership

Return on Equity

−6,27 %

Current Ratio

0,41

Debt-to-Equity Ratio

−2,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	500 000	500 000	0	0
Net Income	129 000	73 000	248 000	−77 000
Total Assets	2 846 000	2 897 000	4 522 000	4 103 000
Total Equity	−2 059 000	−2 188 000	311 000	62 000

Income (NOK)	2022	2021	2020	2019
Revenue	500 000	500 000	0	0
Expenditure	124 000	219 000	9 000	1 000
Operating Profit	376 000	281 000	−9 000	−1 000
Financial Income	0	0	396 000	0
Financial Costs	210 000	188 000	145 000	76 000
Financial Balance	−210 000	−188 000	251 000	−76 000
Earnings Before Tax	165 000	93 000	242 000	−77 000
Tax	36 000	20 000	−6 000	0
Net Income	129 000	73 000	248 000	−77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 822 000	2 865 000	4 086 000	4 080 000
Total Current Assets	24 000	31 000	436 000	23 000
Total Assets	2 846 000	2 897 000	4 522 000	4 103 000
Total Retained Equity	−2 209 000	−2 338 000	161 000	−77 000
Total Equity	−2 059 000	−2 188 000	311 000	62 000
Total Long-Term Debt	4 847 000	5 039 000	3 770 000	3 905 000
Total Current Debt	58 000	45 000	442 000	135 000
Total Equity and Debt	2 846 000	2 897 000	4 522 000	4 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	500 000	500 000	0	0
Revenue	500 000	500 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	43 000	43 000	0	0
Impairment	0	0	0	0
Expenditure	124 000	219 000	9 000	1 000
Operating Profit	376 000	281 000	−9 000	−1 000
Financial Income	0	0	396 000	0
Financial Costs	210 000	188 000	145 000	76 000
Financial Balance	−210 000	−188 000	251 000	−76 000
Dividends	0	0	0	0
Net Income	129 000	73 000	248 000	−77 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	0
Real Eastate	2 822 000	2 865 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 822 000	2 865 000	0	0
Total Fiancial Fixed Assets	0	0	4 080 000	4 080 000
Total Fixed Assets	2 822 000	2 865 000	4 086 000	4 080 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	31 000	40 000	23 000
Total Current Assets	24 000	31 000	436 000	23 000
Total Assets	2 846 000	2 897 000	4 522 000	4 103 000
Total Equity	−2 059 000	−2 188 000	311 000	62 000
Short-Term Group Debt	0	0	442 000	130 000
Total Long-Term Debt	4 847 000	5 039 000	3 770 000	3 905 000
Creditors	0	22 000	0	0
Unpaid Taxes	20 000	7 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	5 000
Total Current Debt	58 000	45 000	442 000	135 000
Total Equity and Debt	2 846 000	2 897 000	4 522 000	4 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,27 %	−3,34 %	79,74 %	−124,19 %
Debt-to-Equity Ratio	−2,35	−2,3	12,12	62,98
Operating Profit Margin	75,2 %	56,2 %	-	-
Current Ratio	0,41	0,69	0,99	0,17
Quick Ratio	0,41	0,69	0,99	0,17
Equity Ratio	−0,72	−0,76	0,07	0,02
Gross Profit Margin	100 %	100 %	-	-