KIRKEG 26 BORETTSLAG

8514 NARVIK

Finances

Share Ownership

Return on Equity

−15,28 %

Current Ratio

4,68

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	726 000	677 000	668 000	629 000
Net Income	−332 000	−650 000	132 000	126 000
Total Assets	4 129 000	4 499 000	3 897 000	3 782 000
Total Equity	2 173 000	2 506 000	3 156 000	3 023 000

Income (NOK)	2022	2021	2020	2019
Revenue	726 000	677 000	668 000	629 000
Expenditure	1 018 000	1 308 000	526 000	491 000
Operating Profit	−293 000	−630 000	142 000	138 000
Financial Income	1 000	0	0	1 000
Financial Costs	41 000	20 000	10 000	14 000
Financial Balance	−40 000	−20 000	−10 000	−13 000
Earnings Before Tax	−332 000	−650 000	132 000	126 000
Tax	0	0	0	0
Net Income	−332 000	−650 000	132 000	126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 633 000	3 639 000	3 539 000	3 486 000
Total Current Assets	496 000	860 000	357 000	297 000
Total Assets	4 129 000	4 499 000	3 897 000	3 782 000
Total Retained Equity	2 173 000	2 506 000	3 156 000	3 023 000
Total Equity	2 173 000	2 506 000	3 156 000	3 023 000
Total Long-Term Debt	1 550 000	1 620 000	509 000	587 000
Total Current Debt	106 000	73 000	37 000	36 000
Total Equity and Debt	4 129 000	4 499 000	3 897 000	3 782 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	726 000	677 000	668 000	629 000
Revenue	726 000	677 000	668 000	629 000
Cost of Goods Sold	0	0	0	0
Salary Costs	75 000	76 000	73 000	75 000
Depreciation	5 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	1 018 000	1 308 000	526 000	491 000
Operating Profit	−293 000	−630 000	142 000	138 000
Financial Income	1 000	0	0	1 000
Financial Costs	41 000	20 000	10 000	14 000
Financial Balance	−40 000	−20 000	−10 000	−13 000
Dividends	0	0	0	0
Net Income	−332 000	−650 000	132 000	126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 333 000	3 339 000	3 344 000	3 350 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 333 000	3 339 000	3 344 000	3 350 000
Total Fiancial Fixed Assets	300 000	300 000	195 000	136 000
Total Fixed Assets	3 633 000	3 639 000	3 539 000	3 486 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	496 000	860 000	354 000	282 000
Total Current Assets	496 000	860 000	357 000	297 000
Total Assets	4 129 000	4 499 000	3 897 000	3 782 000
Total Equity	2 173 000	2 506 000	3 156 000	3 023 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 550 000	1 620 000	509 000	587 000
Creditors	10 000	37 000	4 000	3 000
Unpaid Taxes	2 000	2 000	2 000	2 000
Dividends	0	0	0	0
Other Current Debt	94 000	34 000	31 000	32 000
Total Current Debt	106 000	73 000	37 000	36 000
Total Equity and Debt	4 129 000	4 499 000	3 897 000	3 782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,28 %	−25,94 %	4,18 %	4,17 %
Debt-to-Equity Ratio	0,71	0,65	0,16	0,19
Operating Profit Margin	−40,36 %	−93,06 %	21,26 %	21,94 %
Current Ratio	4,68	11,78	9,65	8,25
Quick Ratio	4,68	11,78	9,65	8,25
Equity Ratio	0,53	0,56	0,81	0,8
Gross Profit Margin	100 %	100 %	100 %	100 %