KIRKEGATEN 12 AS

4006 STAVANGER

Finances

Return on Equity

10,8 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 590 000	1 526 000	1 014 000	1 182 000
Net Income	519 000	232 000	207 000	253 000
Total Assets	9 971 000	9 964 000	6 396 000	6 295 000
Total Equity	4 805 000	4 486 000	4 254 000	4 047 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 590 000	1 526 000	1 014 000	1 182 000
Expenditure	800 000	1 101 000	724 000	837 000
Operating Profit	791 000	425 000	290 000	345 000
Financial Income	27 000	0	1 000	1 000
Financial Costs	159 000	117 000	0	1 000
Financial Balance	−132 000	−117 000	1 000	0
Earnings Before Tax	658 000	308 000	290 000	346 000
Tax	140 000	76 000	83 000	93 000
Net Income	519 000	232 000	207 000	253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 255 000	8 442 000	3 676 000	3 845 000
Total Current Assets	1 717 000	1 522 000	2 720 000	2 450 000
Total Assets	9 971 000	9 964 000	6 396 000	6 295 000
Total Retained Equity	4 745 000	4 426 000	4 194 000	3 987 000
Total Equity	4 805 000	4 486 000	4 254 000	4 047 000
Total Long-Term Debt	3 617 000	3 817 000	0	0
Total Current Debt	1 550 000	1 661 000	2 142 000	2 248 000
Total Equity and Debt	9 971 000	9 964 000	6 396 000	6 295 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	14 000	0
Other Income	1 590 000	1 526 000	1 000 000	1 182 000
Revenue	1 590 000	1 526 000	1 014 000	1 182 000
Cost of Goods Sold	462 000	528 000	355 000	0
Salary Costs	67 000	63 000	63 000	95 000
Depreciation	187 000	234 000	194 000	188 000
Impairment	0	0	0	0
Expenditure	800 000	1 101 000	724 000	837 000
Operating Profit	791 000	425 000	290 000	345 000
Financial Income	27 000	0	1 000	1 000
Financial Costs	159 000	117 000	0	1 000
Financial Balance	−132 000	−117 000	1 000	0
Dividends	0	0	0	0
Net Income	519 000	232 000	207 000	253 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 157 000	8 331 000	3 552 000	3 735 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	97 000	111 000	124 000	110 000
Total Tangible Assets	8 255 000	8 442 000	3 676 000	3 845 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 255 000	8 442 000	3 676 000	3 845 000
Stock	0	0	0	0
Total Investments	40 000	13 000	13 000	13 000
Cash, Bank	1 618 000	1 410 000	2 684 000	2 350 000
Total Current Assets	1 717 000	1 522 000	2 720 000	2 450 000
Total Assets	9 971 000	9 964 000	6 396 000	6 295 000
Total Equity	4 805 000	4 486 000	4 254 000	4 047 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 617 000	3 817 000	0	0
Creditors	142 000	0	0	0
Unpaid Taxes	1 000	16 000	1 000	2 000
Dividends	0	0	0	0
Other Current Debt	1 267 000	1 569 000	2 057 000	2 153 000
Total Current Debt	1 550 000	1 661 000	2 142 000	2 248 000
Total Equity and Debt	9 971 000	9 964 000	6 396 000	6 295 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,8 %	5,17 %	4,87 %	6,25 %
Debt-to-Equity Ratio	0,75	0,85	0	0
Operating Profit Margin	49,75 %	27,85 %	28,6 %	29,19 %
Current Ratio	1,11	0,92	1,27	1,09
Quick Ratio	1,11	0,92	1,27	1,09
Equity Ratio	0,48	0,45	0,67	0,64
Gross Profit Margin	70,94 %	65,4 %	64,99 %	100 %