KURLAND BORETTSLAG

1725 SARPSBORG

Finances

Share Ownership

Return on Equity

10,42 %

Current Ratio

13,99

Debt-to-Equity Ratio

−1,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 505 000	3 247 000	3 246 000	2 991 000
Net Income	−1 227 000	−3 415 000	904 000	687 000
Total Assets	8 971 000	8 980 000	7 467 000	7 123 000
Total Equity	−11 781 000	−10 554 000	−7 139 000	−8 043 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 505 000	3 247 000	3 246 000	2 991 000
Expenditure	4 302 000	6 425 000	2 076 000	1 979 000
Operating Profit	−797 000	−3 177 000	1 170 000	1 012 000
Financial Income	28 000	1 000	5 000	16 000
Financial Costs	477 000	257 000	290 000	360 000
Financial Balance	−449 000	−256 000	−285 000	−344 000
Earnings Before Tax	−778 000	−3 159 000	1 189 000	1 030 000
Tax	0	0	0	0
Net Income	−1 227 000	−3 415 000	904 000	687 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 982 000	4 986 000	4 995 000	5 003 000
Total Current Assets	3 988 000	3 994 000	2 472 000	2 120 000
Total Assets	8 971 000	8 980 000	7 467 000	7 123 000
Total Retained Equity	−11 787 000	−10 560 000	−7 145 000	−8 049 000
Total Equity	−11 781 000	−10 554 000	−7 139 000	−8 043 000
Total Long-Term Debt	20 467 000	19 482 000	14 605 000	15 132 000
Total Current Debt	285 000	53 000	1 000	34 000
Total Equity and Debt	8 971 000	8 980 000	7 467 000	7 123 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 505 000	3 247 000	3 246 000	2 991 000
Revenue	3 505 000	3 247 000	3 246 000	2 991 000
Cost of Goods Sold	0	0	0	0
Salary Costs	152 000	148 000	140 000	144 000
Depreciation	4 000	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	4 302 000	6 425 000	2 076 000	1 979 000
Operating Profit	−797 000	−3 177 000	1 170 000	1 012 000
Financial Income	28 000	1 000	5 000	16 000
Financial Costs	477 000	257 000	290 000	360 000
Financial Balance	−449 000	−256 000	−285 000	−344 000
Dividends	0	0	0	0
Net Income	−1 227 000	−3 415 000	904 000	687 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 982 000	4 982 000	4 982 000	4 982 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	4 000	12 000	21 000
Total Tangible Assets	4 982 000	4 986 000	4 995 000	5 003 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 982 000	4 986 000	4 995 000	5 003 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 533 000	3 817 000	2 293 000	1 949 000
Total Current Assets	3 988 000	3 994 000	2 472 000	2 120 000
Total Assets	8 971 000	8 980 000	7 467 000	7 123 000
Total Equity	−11 781 000	−10 554 000	−7 139 000	−8 043 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 467 000	19 482 000	14 605 000	15 132 000
Creditors	268 000	45 000	0	27 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 000	7 000	1 000	7 000
Total Current Debt	285 000	53 000	1 000	34 000
Total Equity and Debt	8 971 000	8 980 000	7 467 000	7 123 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,42 %	32,36 %	−12,66 %	−8,54 %
Debt-to-Equity Ratio	−1,74	−1,85	−2,05	−1,88
Operating Profit Margin	−22,74 %	−97,84 %	36,04 %	33,83 %
Current Ratio	13,99	75,36	2 472	62,35
Quick Ratio	13,99	75,36	2 472	62,35
Equity Ratio	−1,31	−1,18	−0,96	−1,13
Gross Profit Margin	100 %	100 %	100 %	100 %