KIRKEÅSEN BORETTSLAG

3126 TØNSBERG

Finances

Share Ownership

Return on Equity

−8,05 %

Current Ratio

15,13

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 071 000	1 071 000	1 071 000	1 071 000
Net Income	−545 000	−697 000	154 000	283 000
Total Assets	12 417 000	12 961 000	13 723 000	13 483 000
Total Equity	6 768 000	7 313 000	8 010 000	7 856 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 071 000	1 071 000	1 071 000	1 071 000
Expenditure	1 469 000	1 621 000	773 000	647 000
Operating Profit	−397 000	−549 000	298 000	424 000
Financial Income	2 000	2 000	6 000	8 000
Financial Costs	150 000	150 000	150 000	150 000
Financial Balance	−148 000	−148 000	−144 000	−142 000
Earnings Before Tax	−545 000	−697 000	154 000	283 000
Tax	0	0	0	0
Net Income	−545 000	−697 000	154 000	283 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 054 000	12 054 000	12 054 000	12 054 000
Total Current Assets	363 000	907 000	1 669 000	1 429 000
Total Assets	12 417 000	12 961 000	13 723 000	13 483 000
Total Retained Equity	6 766 000	7 311 000	8 008 000	7 854 000
Total Equity	6 768 000	7 313 000	8 010 000	7 856 000
Total Long-Term Debt	5 625 000	5 625 000	5 625 000	5 625 000
Total Current Debt	24 000	23 000	88 000	2 000
Total Equity and Debt	12 417 000	12 961 000	13 723 000	13 483 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 071 000	1 071 000	1 071 000	1 071 000
Revenue	1 071 000	1 071 000	1 071 000	1 071 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 000	53 000	28 000	29 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 469 000	1 621 000	773 000	647 000
Operating Profit	−397 000	−549 000	298 000	424 000
Financial Income	2 000	2 000	6 000	8 000
Financial Costs	150 000	150 000	150 000	150 000
Financial Balance	−148 000	−148 000	−144 000	−142 000
Dividends	0	0	0	0
Net Income	−545 000	−697 000	154 000	283 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 054 000	12 054 000	12 054 000	12 054 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 054 000	12 054 000	12 054 000	12 054 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 054 000	12 054 000	12 054 000	12 054 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	336 000	876 000	1 642 000	1 405 000
Total Current Assets	363 000	907 000	1 669 000	1 429 000
Total Assets	12 417 000	12 961 000	13 723 000	13 483 000
Total Equity	6 768 000	7 313 000	8 010 000	7 856 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 625 000	5 625 000	5 625 000	5 625 000
Creditors	12 000	12 000	86 000	−3 000
Unpaid Taxes	0	0	0	3 000
Dividends	0	0	0	0
Other Current Debt	11 000	10 000	1 000	1 000
Total Current Debt	24 000	23 000	88 000	2 000
Total Equity and Debt	12 417 000	12 961 000	13 723 000	13 483 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,05 %	−9,53 %	1,92 %	3,6 %
Debt-to-Equity Ratio	0,83	0,77	0,7	0,72
Operating Profit Margin	−37,07 %	−51,26 %	27,82 %	39,59 %
Current Ratio	15,13	39,43	18,97	714,5
Quick Ratio	15,13	39,43	18,97	714,5
Equity Ratio	0,55	0,56	0,58	0,58
Gross Profit Margin	100 %	100 %	100 %	100 %