KRAGERØ GOLFKLUBB

3788 STABBESTAD

Finances

Return on Equity

24 %

Current Ratio

2,48

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2020	2019	2018	2017
Revenue	15 585 000	11 067 000	10 345 000	9 558 000
Net Income	379 000	−23 000	242 000	215 000
Total Assets	2 873 000	2 086 000	2 040 000	1 178 000
Total Equity	1 579 000	1 200 000	1 223 000	981 000

Income (NOK)	2020	2019	2018	2017
Revenue	15 585 000	11 067 000	10 345 000	9 558 000
Expenditure	15 192 000	11 071 000	10 093 000	9 356 000
Operating Profit	393 000	−4 000	252 000	202 000
Financial Income	17 000	16 000	8 000	13 000
Financial Costs	31 000	35 000	17 000	0
Financial Balance	−14 000	−19 000	−9 000	13 000
Earnings Before Tax	379 000	−23 000	242 000	215 000
Tax	0	0	0	0
Net Income	379 000	−23 000	242 000	215 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	1 103 000	1 257 000	1 198 000	415 000
Total Current Assets	1 770 000	830 000	842 000	764 000
Total Assets	2 873 000	2 086 000	2 040 000	1 178 000
Total Retained Equity	1 579 000	1 200 000	1 223 000	981 000
Total Equity	1 579 000	1 200 000	1 223 000	981 000
Total Long-Term Debt	580 000	636 000	690 000	0
Total Current Debt	715 000	250 000	127 000	197 000
Total Equity and Debt	2 873 000	2 086 000	2 040 000	1 178 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	14 610 000	10 419 000	9 800 000	9 022 000
Other Income	975 000	648 000	546 000	536 000
Revenue	15 585 000	11 067 000	10 345 000	9 558 000
Cost of Goods Sold	2 000	3 000	0	0
Salary Costs	0	0	0	0
Depreciation	154 000	142 000	89 000	0
Impairment	0	0	0	0
Expenditure	15 192 000	11 071 000	10 093 000	9 356 000
Operating Profit	393 000	−4 000	252 000	202 000
Financial Income	17 000	16 000	8 000	13 000
Financial Costs	31 000	35 000	17 000	0
Financial Balance	−14 000	−19 000	−9 000	13 000
Dividends	0	0	0	0
Net Income	379 000	−23 000	242 000	215 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 012 000	1 149 000	1 164 000	381 000
Fixtures	57 000	73 000	0	0
Total Tangible Assets	1 069 000	1 223 000	1 164 000	381 000
Total Fiancial Fixed Assets	34 000	34 000	34 000	34 000
Total Fixed Assets	1 103 000	1 257 000	1 198 000	415 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 545 000	597 000	780 000	657 000
Total Current Assets	1 770 000	830 000	842 000	764 000
Total Assets	2 873 000	2 086 000	2 040 000	1 178 000
Total Equity	1 579 000	1 200 000	1 223 000	981 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	580 000	636 000	690 000	0
Creditors	695 000	250 000	127 000	197 000
Unpaid Taxes	6 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	13 000	0	0	0
Total Current Debt	715 000	250 000	127 000	197 000
Total Equity and Debt	2 873 000	2 086 000	2 040 000	1 178 000

Financial indicators	2020	2019	2018	2017
Return on Equity	24 %	−1,92 %	19,79 %	21,92 %
Debt-to-Equity Ratio	0,37	0,53	0,56	0
Operating Profit Margin	2,52 %	−0,04 %	2,44 %	2,11 %
Current Ratio	2,48	3,32	6,63	3,88
Quick Ratio	2,48	3,32	6,63	3,88
Equity Ratio	0,55	0,58	0,6	0,83
Gross Profit Margin	99,99 %	99,97 %	100 %	100 %