LARS OG GUDRUN KJØNNEGAARDS STIFTELSE

5713 VOSSESTRAND

Finances

Share Ownership

Return on Equity

0,55 %

Current Ratio

125,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	228 000	153 000	237 000	263 000
Net Income	70 000	−17 000	117 000	90 000
Total Assets	12 882 000	12 885 000	13 000 000	13 036 000
Total Equity	12 781 000	12 781 000	12 797 000	12 796 000

Income (NOK)	2022	2021	2020	2019
Revenue	228 000	153 000	237 000	263 000
Expenditure	158 000	170 000	120 000	173 000
Operating Profit	70 000	−17 000	117 000	90 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	70 000	−17 000	117 000	90 000
Tax	0	0	0	0
Net Income	70 000	−17 000	117 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	187 000	187 000	187 000	187 000
Total Current Assets	12 695 000	12 698 000	12 812 000	12 849 000
Total Assets	12 882 000	12 885 000	13 000 000	13 036 000
Total Retained Equity	339 000	339 000	355 000	355 000
Total Equity	12 781 000	12 781 000	12 797 000	12 796 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	101 000	105 000	202 000	240 000
Total Equity and Debt	12 882 000	12 885 000	13 000 000	13 036 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	228 000	153 000	237 000	263 000
Revenue	228 000	153 000	237 000	263 000
Cost of Goods Sold	0	0	0	0
Salary Costs	38 000	38 000	35 000	59 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	158 000	170 000	120 000	173 000
Operating Profit	70 000	−17 000	117 000	90 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	70 000	0	116 000	89 000
Net Income	70 000	−17 000	117 000	90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	187 000	187 000	187 000	187 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	187 000	187 000	187 000	187 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	187 000	187 000	187 000	187 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 557 000	12 661 000	12 782 000	12 747 000
Total Current Assets	12 695 000	12 698 000	12 812 000	12 849 000
Total Assets	12 882 000	12 885 000	13 000 000	13 036 000
Total Equity	12 781 000	12 781 000	12 797 000	12 796 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	4 000
Unpaid Taxes	11 000	15 000	12 000	37 000
Dividends	70 000	0	116 000	89 000
Other Current Debt	90 000	90 000	190 000	199 000
Total Current Debt	101 000	105 000	202 000	240 000
Total Equity and Debt	12 882 000	12 885 000	13 000 000	13 036 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,55 %	−0,13 %	0,91 %	0,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,7 %	−11,11 %	49,37 %	34,22 %
Current Ratio	125,69	120,93	63,43	53,54
Quick Ratio	125,69	120,93	63,43	53,54
Equity Ratio	0,99	0,99	0,98	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %