KJØLNESJORDET II BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

11,04 %

Current Ratio

3,29

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	911 000	850 000	848 000	843 000
Net Income	327 000	345 000	29 000	−4 000
Total Assets	4 408 000	4 229 000	4 438 000	4 353 000
Total Equity	2 961 000	2 634 000	2 288 000	2 260 000

Income (NOK)	2022	2021	2020	2019
Revenue	911 000	850 000	848 000	843 000
Expenditure	550 000	476 000	780 000	799 000
Operating Profit	361 000	374 000	68 000	44 000
Financial Income	4 000	1 000	2 000	4 000
Financial Costs	38 000	30 000	42 000	52 000
Financial Balance	−34 000	−29 000	−40 000	−48 000
Earnings Before Tax	327 000	345 000	29 000	−4 000
Tax	0	0	0	0
Net Income	327 000	345 000	29 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 948 000	3 865 000	4 107 000	4 034 000
Total Current Assets	460 000	364 000	331 000	319 000
Total Assets	4 408 000	4 229 000	4 438 000	4 353 000
Total Retained Equity	2 959 000	2 632 000	2 287 000	2 258 000
Total Equity	2 961 000	2 634 000	2 288 000	2 260 000
Total Long-Term Debt	1 307 000	1 550 000	1 796 000	2 035 000
Total Current Debt	140 000	45 000	354 000	58 000
Total Equity and Debt	4 408 000	4 229 000	4 438 000	4 353 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	911 000	850 000	848 000	843 000
Revenue	911 000	850 000	848 000	843 000
Cost of Goods Sold	0	0	0	0
Salary Costs	57 000	33 000	33 000	33 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	550 000	476 000	780 000	799 000
Operating Profit	361 000	374 000	68 000	44 000
Financial Income	4 000	1 000	2 000	4 000
Financial Costs	38 000	30 000	42 000	52 000
Financial Balance	−34 000	−29 000	−40 000	−48 000
Dividends	0	0	0	0
Net Income	327 000	345 000	29 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 232 000	3 232 000	3 232 000	3 232 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 232 000	3 232 000	3 232 000	3 232 000
Total Fiancial Fixed Assets	716 000	633 000	875 000	801 000
Total Fixed Assets	3 948 000	3 865 000	4 107 000	4 034 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	413 000	317 000	288 000	265 000
Total Current Assets	460 000	364 000	331 000	319 000
Total Assets	4 408 000	4 229 000	4 438 000	4 353 000
Total Equity	2 961 000	2 634 000	2 288 000	2 260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 307 000	1 550 000	1 796 000	2 035 000
Creditors	138 000	43 000	352 000	51 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	1 000	7 000
Total Current Debt	140 000	45 000	354 000	58 000
Total Equity and Debt	4 408 000	4 229 000	4 438 000	4 353 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,04 %	13,1 %	1,27 %	−0,18 %
Debt-to-Equity Ratio	0,44	0,59	0,78	0,9
Operating Profit Margin	39,63 %	44 %	8,02 %	5,22 %
Current Ratio	3,29	8,09	0,94	5,5
Quick Ratio	3,29	8,09	0,94	5,5
Equity Ratio	0,67	0,62	0,52	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %