KURLAND I BORETTSLAG

2004 LILLESTRØM

Finances

Share Ownership

Return on Equity

−2,37 %

Current Ratio

3,99

Debt-to-Equity Ratio

−1,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 249 000	6 871 000	6 681 000	6 063 000
Net Income	1 037 000	2 199 000	1 300 000	1 119 000
Total Assets	24 639 000	24 139 000	23 489 000	23 913 000
Total Equity	−43 703 000	−44 740 000	−46 938 000	−48 238 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 249 000	6 871 000	6 681 000	6 063 000
Expenditure	4 733 000	3 747 000	4 135 000	3 465 000
Operating Profit	2 516 000	3 124 000	2 546 000	2 597 000
Financial Income	48 000	49 000	47 000	44 000
Financial Costs	1 527 000	974 000	1 293 000	1 522 000
Financial Balance	−1 479 000	−925 000	−1 246 000	−1 478 000
Earnings Before Tax	1 037 000	2 199 000	1 300 000	1 119 000
Tax	0	0	0	0
Net Income	1 037 000	2 199 000	1 300 000	1 119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 497 000	21 519 000	21 540 000	21 562 000
Total Current Assets	3 142 000	2 620 000	1 949 000	2 351 000
Total Assets	24 639 000	24 139 000	23 489 000	23 913 000
Total Retained Equity	−43 712 000	44 749 000	46 947 000	48 247 000
Total Equity	−43 703 000	−44 740 000	−46 938 000	−48 238 000
Total Long-Term Debt	67 554 000	68 684 000	69 843 000	71 987 000
Total Current Debt	788 000	194 000	584 000	164 000
Total Equity and Debt	24 639 000	24 139 000	23 489 000	23 913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 249 000	0	0	0
Other Income	0	6 871 000	6 681 000	6 063 000
Revenue	7 249 000	6 871 000	6 681 000	6 063 000
Cost of Goods Sold	0	0	0	0
Salary Costs	210 000	281 000	234 000	428 000
Depreciation	21 000	21 000	21 000	21 000
Impairment	0	0	0	0
Expenditure	4 733 000	3 747 000	4 135 000	3 465 000
Operating Profit	2 516 000	3 124 000	2 546 000	2 597 000
Financial Income	48 000	49 000	47 000	44 000
Financial Costs	1 527 000	974 000	1 293 000	1 522 000
Financial Balance	−1 479 000	−925 000	−1 246 000	−1 478 000
Dividends	0	0	0	0
Net Income	1 037 000	2 199 000	1 300 000	1 119 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 487 000	21 487 000	21 487 000	21 487 000
Machinery and Plant Facilities	0	32 000	53 000	75 000
Fixtures	10 000	0	0	0
Total Tangible Assets	21 497 000	21 519 000	21 540 000	21 562 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 497 000	21 519 000	21 540 000	21 562 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 433 000	1 930 000	1 398 000	2 271 000
Total Current Assets	3 142 000	2 620 000	1 949 000	2 351 000
Total Assets	24 639 000	24 139 000	23 489 000	23 913 000
Total Equity	−43 703 000	−44 740 000	−46 938 000	−48 238 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	67 554 000	68 684 000	69 843 000	71 987 000
Creditors	775 000	173 000	574 000	150 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	21 000	10 000	14 000
Total Current Debt	788 000	194 000	584 000	164 000
Total Equity and Debt	24 639 000	24 139 000	23 489 000	23 913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,37 %	−4,92 %	−2,77 %	−2,32 %
Debt-to-Equity Ratio	−1,55	−1,54	−1,49	−1,49
Operating Profit Margin	34,71 %	45,47 %	38,11 %	42,83 %
Current Ratio	3,99	13,51	3,34	14,34
Quick Ratio	3,99	13,51	3,34	14,34
Equity Ratio	−1,77	−1,85	−2	−2,02
Gross Profit Margin	100 %	100 %	100 %	100 %