KIRKEGATEN 1 AS

4836 ARENDAL

Finances

Return on Equity

−0,64 %

Current Ratio

13,91

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	415 000	235 000	351 000	521 000
Net Income	−39 000	−159 000	−206 000	−128 000
Total Assets	8 522 000	9 460 000	9 287 000	9 335 000
Total Equity	6 088 000	6 011 000	5 859 000	5 899 000

Income (NOK)	2022	2021	2020	2019
Revenue	415 000	235 000	351 000	521 000
Expenditure	389 000	360 000	511 000	579 000
Operating Profit	27 000	−125 000	−160 000	−58 000
Financial Income	11 000	8 000	5 000	8 000
Financial Costs	88 000	88 000	109 000	114 000
Financial Balance	−77 000	−80 000	−104 000	−106 000
Earnings Before Tax	−50 000	−204 000	−264 000	−164 000
Tax	−11 000	−45 000	−58 000	−36 000
Net Income	−39 000	−159 000	−206 000	−128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 049 000	8 192 000	8 356 000	8 567 000
Total Current Assets	473 000	1 268 000	931 000	767 000
Total Assets	8 522 000	9 460 000	9 287 000	9 335 000
Total Retained Equity	0	0	0	0
Total Equity	6 088 000	6 011 000	5 859 000	5 899 000
Total Long-Term Debt	2 400 000	3 400 000	0	3 400 000
Total Current Debt	34 000	49 000	3 427 000	36 000
Total Equity and Debt	8 522 000	9 460 000	9 287 000	9 335 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	415 000	235 000	351 000	521 000
Revenue	415 000	235 000	351 000	521 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	121 000	121 000	223 000	243 000
Impairment	0	0	0	0
Expenditure	389 000	360 000	511 000	579 000
Operating Profit	27 000	−125 000	−160 000	−58 000
Financial Income	11 000	8 000	5 000	8 000
Financial Costs	88 000	88 000	109 000	114 000
Financial Balance	−77 000	−80 000	−104 000	−106 000
Dividends	0	0	0	0
Net Income	−39 000	−159 000	−206 000	−128 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	113 000	135 000	177 000	166 000
Real Eastate	7 934 000	8 055 000	8 177 000	8 399 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 934 000	8 055 000	8 177 000	8 399 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	8 049 000	8 192 000	8 356 000	8 567 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	473 000	1 268 000	931 000	767 000
Total Assets	8 522 000	9 460 000	9 287 000	9 335 000
Total Equity	6 088 000	6 011 000	5 859 000	5 899 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 400 000	3 400 000	0	3 400 000
Creditors	18 000	35 000	3 000	18 000
Unpaid Taxes	15 000	14 000	24 000	18 000
Dividends	0	0	0	0
Other Current Debt	0	0	3 400 000	0
Total Current Debt	34 000	49 000	3 427 000	36 000
Total Equity and Debt	8 522 000	9 460 000	9 287 000	9 335 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,64 %	−2,65 %	−3,52 %	−2,17 %
Debt-to-Equity Ratio	0,39	0,57	0	0,58
Operating Profit Margin	6,51 %	−53,19 %	−45,58 %	−11,13 %
Current Ratio	13,91	25,88	0,27	21,31
Quick Ratio	13,91	25,88	0,27	21,31
Equity Ratio	0,71	0,64	0,63	0,63
Gross Profit Margin	100 %	100 %	100 %	100 %