KIRKENÆR LANDBRUKSSERVICE AS

2260 KIRKENÆR

Finances

Share Ownership

Return on Equity

9,61 %

Current Ratio

6,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 497 000	4 580 000	3 220 000	2 965 000
Net Income	459 000	675 000	363 000	−273 000
Total Assets	5 572 000	4 993 000	4 944 000	4 567 000
Total Equity	4 777 000	4 318 000	3 643 000	1 780 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 497 000	4 580 000	3 220 000	2 965 000
Expenditure	3 841 000	3 701 000	2 822 000	3 215 000
Operating Profit	655 000	879 000	397 000	−250 000
Financial Income	7 000	5 000	6 000	5 000
Financial Costs	6 000	4 000	18 000	28 000
Financial Balance	1 000	1 000	−12 000	−23 000
Earnings Before Tax	656 000	881 000	385 000	−273 000
Tax	197 000	206 000	23 000	0
Net Income	459 000	675 000	363 000	−273 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	555 000	638 000	819 000	1 056 000
Total Current Assets	5 017 000	4 355 000	4 126 000	3 511 000
Total Assets	5 572 000	4 993 000	4 944 000	4 567 000
Total Retained Equity	3 027 000	2 568 000	1 893 000	1 530 000
Total Equity	4 777 000	4 318 000	3 643 000	1 780 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	795 000	675 000	1 302 000	2 787 000
Total Equity and Debt	5 572 000	4 993 000	4 944 000	4 567 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 297 000	4 398 000	3 005 000	2 811 000
Other Income	200 000	182 000	215 000	155 000
Revenue	4 497 000	4 580 000	3 220 000	2 965 000
Cost of Goods Sold	2 200 000	2 430 000	1 455 000	1 512 000
Salary Costs	306 000	313 000	325 000	522 000
Depreciation	208 000	207 000	237 000	268 000
Impairment	0	0	0	0
Expenditure	3 841 000	3 701 000	2 822 000	3 215 000
Operating Profit	655 000	879 000	397 000	−250 000
Financial Income	7 000	5 000	6 000	5 000
Financial Costs	6 000	4 000	18 000	28 000
Financial Balance	1 000	1 000	−12 000	−23 000
Dividends	0	0	0	0
Net Income	459 000	675 000	363 000	−273 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	387 000	348 000	410 000	471 000
Machinery and Plant Facilities	7 000	16 000	26 000	68 000
Fixtures	161 000	273 000	384 000	517 000
Total Tangible Assets	555 000	638 000	819 000	1 056 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	555 000	638 000	819 000	1 056 000
Stock	1 766 000	1 727 000	1 795 000	1 906 000
Total Investments	0	0	0	0
Cash, Bank	2 158 000	1 974 000	1 481 000	1 247 000
Total Current Assets	5 017 000	4 355 000	4 126 000	3 511 000
Total Assets	5 572 000	4 993 000	4 944 000	4 567 000
Total Equity	4 777 000	4 318 000	3 643 000	1 780 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	298 000	270 000	290 000	321 000
Unpaid Taxes	215 000	48 000	177 000	74 000
Dividends	0	0	0	0
Other Current Debt	85 000	152 000	812 000	2 392 000
Total Current Debt	795 000	675 000	1 302 000	2 787 000
Total Equity and Debt	5 572 000	4 993 000	4 944 000	4 567 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,61 %	15,63 %	9,96 %	−15,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,57 %	19,19 %	12,33 %	−8,43 %
Current Ratio	6,31	6,45	3,17	1,26
Quick Ratio	−5,17	−4,14	−8,37	3,99
Equity Ratio	0,86	0,86	0,74	0,39
Gross Profit Margin	51,08 %	46,94 %	54,81 %	49,01 %