KNIVSØVEIEN EIENDOM AS

1890 RAKKESTAD

Finances

Share Ownership

Return on Equity

30,83 %

Current Ratio

0,06

Debt-to-Equity Ratio

1,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 862 000	21 725 000	21 532 000	13 095 000
Net Income	12 672 000	12 872 000	13 158 000	8 261 000
Total Assets	113 707 000	141 452 000	120 582 000	99 226 000
Total Equity	41 106 000	48 263 000	49 674 000	39 401 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 862 000	21 725 000	21 532 000	13 095 000
Expenditure	3 460 000	3 229 000	2 451 000	2 505 000
Operating Profit	18 403 000	18 495 000	19 080 000	10 591 000
Financial Income	170 000	24 000	31 000	0
Financial Costs	2 326 000	2 016 000	2 241 000	0
Financial Balance	−2 156 000	−1 992 000	−2 210 000	0
Earnings Before Tax	16 246 000	16 503 000	16 870 000	10 591 000
Tax	3 574 000	3 631 000	3 711 000	2 330 000
Net Income	12 672 000	12 872 000	13 158 000	8 261 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	113 096 000	132 669 000	113 625 000	99 155 000
Total Current Assets	610 000	8 784 000	6 958 000	71 000
Total Assets	113 707 000	141 452 000	120 582 000	99 226 000
Total Retained Equity	33 678 000	40 772 000	42 183 000	39 025 000
Total Equity	41 106 000	48 263 000	49 674 000	39 401 000
Total Long-Term Debt	61 747 000	75 066 000	57 106 000	57 973 000
Total Current Debt	10 855 000	18 124 000	13 802 000	1 853 000
Total Equity and Debt	113 707 000	141 452 000	120 582 000	99 226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	21 862 000	21 725 000	21 532 000	13 095 000
Revenue	21 862 000	21 725 000	21 532 000	13 095 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 301 000	2 500 000	1 804 000	1 472 000
Impairment	0	0	0	0
Expenditure	3 460 000	3 229 000	2 451 000	2 505 000
Operating Profit	18 403 000	18 495 000	19 080 000	10 591 000
Financial Income	170 000	24 000	31 000	0
Financial Costs	2 326 000	2 016 000	2 241 000	0
Financial Balance	−2 156 000	−1 992 000	−2 210 000	0
Dividends	0	10 000 000	10 000 000	0
Net Income	12 672 000	12 872 000	13 158 000	8 261 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	111 865 000	117 600 000	112 860 000	99 155 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 231 000	769 000	765 000	0
Total Tangible Assets	113 096 000	118 369 000	113 625 000	99 155 000
Total Fiancial Fixed Assets	0	14 300 000	0	0
Total Fixed Assets	113 096 000	132 669 000	113 625 000	99 155 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	137 000	1 363 000	6 671 000	23 000
Total Current Assets	610 000	8 784 000	6 958 000	71 000
Total Assets	113 707 000	141 452 000	120 582 000	99 226 000
Total Equity	41 106 000	48 263 000	49 674 000	39 401 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	61 747 000	75 066 000	57 106 000	57 973 000
Creditors	188 000	171 000	32 000	0
Unpaid Taxes	0	−93 000	0	0
Dividends	0	10 000 000	10 000 000	0
Other Current Debt	8 818 000	15 849 000	10 492 000	0
Total Current Debt	10 855 000	18 124 000	13 802 000	1 853 000
Total Equity and Debt	113 707 000	141 452 000	120 582 000	99 226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,83 %	26,67 %	26,49 %	20,97 %
Debt-to-Equity Ratio	1,5	1,56	1,15	1,47
Operating Profit Margin	84,18 %	85,13 %	88,61 %	80,88 %
Current Ratio	0,06	0,48	0,5	0,04
Quick Ratio	0,06	0,48	0,5	0,04
Equity Ratio	0,36	0,34	0,41	0,4
Gross Profit Margin	100 %	100 %	100 %	100 %