VARDÅSVEIEN 71 DA

4637 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

97,71 %

Current Ratio

9,51

Debt-to-Equity Ratio

3,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 353 000	2 566 000	2 609 000	2 245 000
Net Income	1 708 000	2 045 000	2 015 000	1 570 000
Total Assets	8 730 000	9 265 000	9 581 000	7 858 000
Total Equity	1 748 000	2 040 000	1 994 000	−21 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 353 000	2 566 000	2 609 000	2 245 000
Expenditure	428 000	400 000	457 000	459 000
Operating Profit	1 925 000	2 166 000	2 152 000	1 787 000
Financial Income	5 000	1 000	1 000	2 000
Financial Costs	221 000	122 000	138 000	218 000
Financial Balance	−216 000	−121 000	−137 000	−216 000
Earnings Before Tax	1 708 000	2 045 000	2 015 000	1 570 000
Tax	0	0	0	0
Net Income	1 708 000	2 045 000	2 015 000	1 570 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000 000	7 149 000	7 387 000	7 608 000
Total Current Assets	1 730 000	2 116 000	2 195 000	251 000
Total Assets	8 730 000	9 265 000	9 581 000	7 858 000
Total Retained Equity	1 748 000	2 040 000	1 994 000	−21 000
Total Equity	1 748 000	2 040 000	1 994 000	−21 000
Total Long-Term Debt	6 800 000	7 120 000	7 440 000	7 760 000
Total Current Debt	182 000	105 000	147 000	119 000
Total Equity and Debt	8 730 000	9 265 000	9 581 000	7 858 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 353 000	2 566 000	2 609 000	2 245 000
Revenue	2 353 000	2 566 000	2 609 000	2 245 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	222 000	238 000	256 000	267 000
Impairment	0	0	0	0
Expenditure	428 000	400 000	457 000	459 000
Operating Profit	1 925 000	2 166 000	2 152 000	1 787 000
Financial Income	5 000	1 000	1 000	2 000
Financial Costs	221 000	122 000	138 000	218 000
Financial Balance	−216 000	−121 000	−137 000	−216 000
Dividends	0	0	0	0
Net Income	1 708 000	2 045 000	2 015 000	1 570 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 963 000	7 102 000	7 329 000	7 570 000
Machinery and Plant Facilities	36 000	45 000	56 000	35 000
Fixtures	1 000	2 000	2 000	2 000
Total Tangible Assets	7 000 000	7 149 000	7 387 000	7 608 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 000 000	7 149 000	7 387 000	7 608 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 714 000	1 932 000	1 864 000	234 000
Total Current Assets	1 730 000	2 116 000	2 195 000	251 000
Total Assets	8 730 000	9 265 000	9 581 000	7 858 000
Total Equity	1 748 000	2 040 000	1 994 000	−21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 800 000	7 120 000	7 440 000	7 760 000
Creditors	0	−2 000	3 000	0
Unpaid Taxes	89 000	95 000	84 000	93 000
Dividends	0	0	0	0
Other Current Debt	93 000	12 000	60 000	26 000
Total Current Debt	182 000	105 000	147 000	119 000
Total Equity and Debt	8 730 000	9 265 000	9 581 000	7 858 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,71 %	100,25 %	101,05 %	−7 476,19 %
Debt-to-Equity Ratio	3,89	3,49	3,73	−369,52
Operating Profit Margin	81,81 %	84,41 %	82,48 %	79,6 %
Current Ratio	9,51	20,15	14,93	2,11
Quick Ratio	9,51	20,15	14,93	2,11
Equity Ratio	0,2	0,22	0,21	−0
Gross Profit Margin	100 %	100 %	100 %	100 %