KITE EIENDOM AS

1357 BEKKESTUA

Finances

Share Ownership

Return on Equity

−46,9 %

Current Ratio

0,67

Debt-to-Equity Ratio

8,34

Key figures (NOK)	2022	2021	2020
Revenue	67 000	4 850 000	0
Net Income	−242 000	286 000	−63 000
Total Assets	4 826 000	312 000	4 436 000
Total Equity	516 000	247 000	−39 000

Income (NOK)	2022	2021	2020
Revenue	67 000	4 850 000	0
Expenditure	178 000	4 543 000	23 000
Operating Profit	−110 000	308 000	−23 000
Financial Income	0	7 000	0
Financial Costs	131 000	−33 000	40 000
Financial Balance	−131 000	40 000	−40 000
Earnings Before Tax	−242 000	348 000	−63 000
Tax	0	61 000	0
Net Income	−242 000	286 000	−63 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 822 000	2 000	0
Total Current Assets	4 000	310 000	4 436 000
Total Assets	4 826 000	312 000	4 436 000
Total Retained Equity	−24 000	217 000	−63 000
Total Equity	516 000	247 000	−39 000
Total Long-Term Debt	4 304 000	0	0
Total Current Debt	6 000	64 000	4 475 000
Total Equity and Debt	4 826 000	312 000	4 436 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	4 850 000	0
Other Income	67 000	0	0
Revenue	67 000	4 850 000	0
Cost of Goods Sold	0	4 435 000	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	178 000	4 543 000	23 000
Operating Profit	−110 000	308 000	−23 000
Financial Income	0	7 000	0
Financial Costs	131 000	−33 000	40 000
Financial Balance	−131 000	40 000	−40 000
Dividends	0	0	0
Net Income	−242 000	286 000	−63 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	4 822 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	4 822 000	0	0
Total Fiancial Fixed Assets	0	2 000	0
Total Fixed Assets	4 822 000	2 000	0
Stock	0	0	4 076 000
Total Investments	0	0	0
Cash, Bank	1 000	310 000	360 000
Total Current Assets	4 000	310 000	4 436 000
Total Assets	4 826 000	312 000	4 436 000
Total Equity	516 000	247 000	−39 000
Short-Term Group Debt	0	0	1 407 000
Total Long-Term Debt	4 304 000	0	0
Creditors	2 000	2 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	4 000	1 000	408 000
Total Current Debt	6 000	64 000	4 475 000
Total Equity and Debt	4 826 000	312 000	4 436 000

Financial indicators	2022	2021	2020
Return on Equity	−46,9 %	115,79 %	161,54 %
Debt-to-Equity Ratio	8,34	0	−0
Operating Profit Margin	−164,18 %	6,35 %	-
Current Ratio	0,67	4,84	0,99
Quick Ratio	0,67	4,84	11,12
Equity Ratio	0,11	0,79	−0,01
Gross Profit Margin	100 %	8,56 %	-