PRO PROPERTY KVINESDAL AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

114,09 %

Current Ratio

4,95

Debt-to-Equity Ratio

26,77

Key figures (NOK)	2022	2021	2020
Revenue	421 000	408 000	39 000
Net Income	170 000	202 000	10 000
Total Assets	4 378 000	3 425 000	2 198 000
Total Equity	149 000	150 000	105 000

Income (NOK)	2022	2021	2020
Revenue	421 000	408 000	39 000
Expenditure	89 000	80 000	13 000
Operating Profit	333 000	328 000	26 000
Financial Income	0	0	0
Financial Costs	115 000	70 000	14 000
Financial Balance	−115 000	−70 000	−14 000
Earnings Before Tax	217 000	259 000	12 000
Tax	48 000	57 000	1 000
Net Income	170 000	202 000	10 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 186 000	3 233 000	2 193 000
Total Current Assets	1 192 000	192 000	6 000
Total Assets	4 378 000	3 425 000	2 198 000
Total Retained Equity	49 000	50 000	5 000
Total Equity	149 000	150 000	105 000
Total Long-Term Debt	3 988 000	3 059 000	2 091 000
Total Current Debt	241 000	215 000	2 000
Total Equity and Debt	4 378 000	3 425 000	2 198 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	14 000	0
Other Income	421 000	394 000	39 000
Revenue	421 000	408 000	39 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	47 000	45 000	12 000
Impairment	0	0	0
Expenditure	89 000	80 000	13 000
Operating Profit	333 000	328 000	26 000
Financial Income	0	0	0
Financial Costs	115 000	70 000	14 000
Financial Balance	−115 000	−70 000	−14 000
Dividends	0	0	0
Net Income	170 000	202 000	10 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 186 000	3 233 000	2 193 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	3 186 000	3 233 000	2 193 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 186 000	3 233 000	2 193 000
Stock	1 128 000	0	0
Total Investments	0	0	0
Cash, Bank	51 000	182 000	6 000
Total Current Assets	1 192 000	192 000	6 000
Total Assets	4 378 000	3 425 000	2 198 000
Total Equity	149 000	150 000	105 000
Short-Term Group Debt	219 000	200 000	0
Total Long-Term Debt	3 988 000	3 059 000	2 091 000
Creditors	13 000	3 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	9 000	4 000	2 000
Total Current Debt	241 000	215 000	2 000
Total Equity and Debt	4 378 000	3 425 000	2 198 000

Financial indicators	2022	2021	2020
Return on Equity	114,09 %	134,67 %	9,52 %
Debt-to-Equity Ratio	26,77	20,39	19,91
Operating Profit Margin	79,1 %	80,39 %	66,67 %
Current Ratio	4,95	0,89	3
Quick Ratio	−1,34	0,89	3
Equity Ratio	0,03	0,04	0,05
Gross Profit Margin	100 %	100 %	100 %