Kjølstad Borettslag

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

331,37 %

Current Ratio

1,2

Debt-to-Equity Ratio

149,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 650 000	3 358 000	3 233 000	3 176 000
Net Income	507 000	582 000	906 000	720 000
Total Assets	23 380 000	23 225 000	23 639 000	23 826 000
Total Equity	153 000	−354 000	−936 000	−1 842 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 650 000	3 358 000	3 233 000	3 176 000
Expenditure	2 701 000	2 491 000	1 942 000	1 981 000
Operating Profit	949 000	867 000	1 291 000	1 194 000
Financial Income	21 000	20 000	20 000	22 000
Financial Costs	463 000	305 000	406 000	496 000
Financial Balance	−442 000	−285 000	−386 000	−474 000
Earnings Before Tax	507 000	582 000	906 000	720 000
Tax	0	0	0	0
Net Income	507 000	582 000	906 000	720 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 872 000	22 799 000	22 799 000	22 822 000
Total Current Assets	508 000	426 000	840 000	1 005 000
Total Assets	23 380 000	23 225 000	23 639 000	23 826 000
Total Retained Equity	147 000	−361 000	−943 000	−1 849 000
Total Equity	153 000	−354 000	−936 000	−1 842 000
Total Long-Term Debt	22 804 000	23 185 000	24 197 000	25 167 000
Total Current Debt	423 000	394 000	378 000	502 000
Total Equity and Debt	23 380 000	23 225 000	23 639 000	23 826 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 650 000	3 358 000	3 233 000	3 176 000
Revenue	3 650 000	3 358 000	3 233 000	3 176 000
Cost of Goods Sold	0	0	0	0
Salary Costs	104 000	94 000	97 000	120 000
Depreciation	0	0	2 000	6 000
Impairment	0	0	0	0
Expenditure	2 701 000	2 491 000	1 942 000	1 981 000
Operating Profit	949 000	867 000	1 291 000	1 194 000
Financial Income	21 000	20 000	20 000	22 000
Financial Costs	463 000	305 000	406 000	496 000
Financial Balance	−442 000	−285 000	−386 000	−474 000
Dividends	0	0	0	0
Net Income	507 000	582 000	906 000	720 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 799 000	22 799 000	22 799 000	22 799 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	22 000
Total Tangible Assets	22 799 000	22 799 000	22 799 000	22 822 000
Total Fiancial Fixed Assets	72 000	0	0	0
Total Fixed Assets	22 872 000	22 799 000	22 799 000	22 822 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	397 000	295 000	743 000	755 000
Total Current Assets	508 000	426 000	840 000	1 005 000
Total Assets	23 380 000	23 225 000	23 639 000	23 826 000
Total Equity	153 000	−354 000	−936 000	−1 842 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 804 000	23 185 000	24 197 000	25 167 000
Creditors	59 000	62 000	57 000	193 000
Unpaid Taxes	0	0	3 000	0
Dividends	0	0	0	0
Other Current Debt	70 000	53 000	18 000	3 000
Total Current Debt	423 000	394 000	378 000	502 000
Total Equity and Debt	23 380 000	23 225 000	23 639 000	23 826 000

Financial indicators	2022	2021	2020	2019
Return on Equity	331,37 %	−164,41 %	−96,79 %	−39,09 %
Debt-to-Equity Ratio	149,05	−65,49	−25,85	−13,66
Operating Profit Margin	26 %	25,82 %	39,93 %	37,59 %
Current Ratio	1,2	1,08	2,22	2
Quick Ratio	1,2	1,08	2,22	2
Equity Ratio	0,01	−0,02	−0,04	−0,08
Gross Profit Margin	100 %	100 %	100 %	100 %