KURÅSBAKKEN EIENDOM AS

1820 SPYDEBERG

Finances

Share Ownership

Return on Equity

17,73 %

Current Ratio

6,64

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	885 000	798 000	617 000	665 000
Net Income	220 000	216 000	178 000	194 000
Total Assets	2 367 000	2 589 000	2 690 000	2 949 000
Total Equity	1 241 000	1 021 000	804 000	626 000

Income (NOK)	2022	2021	2020	2019
Revenue	885 000	798 000	617 000	665 000
Expenditure	540 000	463 000	330 000	341 000
Operating Profit	346 000	334 000	288 000	323 000
Financial Income	1 000	1 000	6 000	9 000
Financial Costs	65 000	58 000	65 000	83 000
Financial Balance	−64 000	−57 000	−59 000	−74 000
Earnings Before Tax	282 000	277 000	228 000	248 000
Tax	62 000	61 000	50 000	55 000
Net Income	220 000	216 000	178 000	194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 802 000	1 978 000	2 082 000	2 162 000
Total Current Assets	564 000	611 000	608 000	787 000
Total Assets	2 367 000	2 589 000	2 690 000	2 949 000
Total Retained Equity	941 000	721 000	504 000	326 000
Total Equity	1 241 000	1 021 000	804 000	626 000
Total Long-Term Debt	1 041 000	1 173 000	1 304 000	1 424 000
Total Current Debt	85 000	396 000	582 000	899 000
Total Equity and Debt	2 367 000	2 589 000	2 690 000	2 949 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	885 000	798 000	617 000	665 000
Revenue	885 000	798 000	617 000	665 000
Cost of Goods Sold	0	0	3 000	0
Salary Costs	0	0	0	0
Depreciation	178 000	176 000	167 000	174 000
Impairment	0	0	0	0
Expenditure	540 000	463 000	330 000	341 000
Operating Profit	346 000	334 000	288 000	323 000
Financial Income	1 000	1 000	6 000	9 000
Financial Costs	65 000	58 000	65 000	83 000
Financial Balance	−64 000	−57 000	−59 000	−74 000
Dividends	0	0	0	300 000
Net Income	220 000	216 000	178 000	194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	0
Real Eastate	1 736 000	1 897 000	1 983 000	2 137 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	64 000	82 000	99 000	25 000
Total Tangible Assets	1 800 000	1 978 000	2 082 000	2 162 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 802 000	1 978 000	2 082 000	2 162 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	237 000	406 000	523 000	630 000
Total Current Assets	564 000	611 000	608 000	787 000
Total Assets	2 367 000	2 589 000	2 690 000	2 949 000
Total Equity	1 241 000	1 021 000	804 000	626 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 041 000	1 173 000	1 304 000	1 424 000
Creditors	3 000	16 000	0	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	300 000
Other Current Debt	3 000	303 000	520 000	526 000
Total Current Debt	85 000	396 000	582 000	899 000
Total Equity and Debt	2 367 000	2 589 000	2 690 000	2 949 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,73 %	21,16 %	22,14 %	30,99 %
Debt-to-Equity Ratio	0,84	1,15	1,62	2,27
Operating Profit Margin	39,1 %	41,85 %	46,68 %	48,57 %
Current Ratio	6,64	1,54	1,04	0,88
Quick Ratio	6,64	1,54	1,04	0,88
Equity Ratio	0,52	0,39	0,3	0,21
Gross Profit Margin	100 %	100 %	99,51 %	100 %