KIRKEGATEN 14 AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

68,65 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	995 000	995 000	1 142 000	1 472 000
Net Income	622 000	632 000	709 000	992 000
Total Assets	2 020 000	2 031 000	2 514 000	2 811 000
Total Equity	906 000	910 000	1 210 000	1 202 000

Income (NOK)	2022	2021	2020	2019
Revenue	995 000	995 000	1 142 000	1 472 000
Expenditure	197 000	185 000	233 000	199 000
Operating Profit	798 000	810 000	909 000	1 272 000
Financial Income	3 000	0	0	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	3 000	0	−1 000	0
Earnings Before Tax	800 000	810 000	909 000	1 272 000
Tax	178 000	178 000	200 000	280 000
Net Income	622 000	632 000	709 000	992 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 000	112 000	115 000	119 000
Total Current Assets	1 911 000	1 919 000	2 399 000	2 692 000
Total Assets	2 020 000	2 031 000	2 514 000	2 811 000
Total Retained Equity	0	0	1 110 000	1 102 000
Total Equity	906 000	910 000	1 210 000	1 202 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 114 000	1 121 000	1 303 000	1 609 000
Total Equity and Debt	2 020 000	2 031 000	2 514 000	2 811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	995 000	995 000	1 142 000	1 472 000
Other Income	0	0	0	0
Revenue	995 000	995 000	1 142 000	1 472 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	17 000	34 000	34 000
Depreciation	3 000	3 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	197 000	185 000	233 000	199 000
Operating Profit	798 000	810 000	909 000	1 272 000
Financial Income	3 000	0	0	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	3 000	0	−1 000	0
Dividends	0	0	700 000	800 000
Net Income	622 000	632 000	709 000	992 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	108 000	112 000	115 000	119 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	108 000	112 000	115 000	119 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	108 000	112 000	115 000	119 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	779 000	2 043 000	2 162 000
Total Current Assets	1 911 000	1 919 000	2 399 000	2 692 000
Total Assets	2 020 000	2 031 000	2 514 000	2 811 000
Total Equity	906 000	910 000	1 210 000	1 202 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	60 000	48 000
Unpaid Taxes	59 000	61 000	64 000	92 000
Dividends	0	0	700 000	800 000
Other Current Debt	1 052 000	1 059 000	279 000	389 000
Total Current Debt	1 114 000	1 121 000	1 303 000	1 609 000
Total Equity and Debt	2 020 000	2 031 000	2 514 000	2 811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,65 %	69,45 %	58,6 %	82,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	80,2 %	81,41 %	79,6 %	86,41 %
Current Ratio	1,72	1,71	1,84	1,67
Quick Ratio	1,72	1,71	1,84	1,67
Equity Ratio	0,45	0,45	0,48	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %