KIRKENGEN HAGEBYGD AS

1820 SPYDEBERG

Finances

Share Ownership

Return on Equity

3,21 %

Current Ratio

15,92

Debt-to-Equity Ratio

4,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 979 000	2 032 000	2 125 000	1 416 000
Net Income	150 000	413 000	657 000	336 000
Total Assets	28 046 000	29 244 000	30 342 000	30 276 000
Total Equity	4 669 000	4 268 000	3 855 000	3 478 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 979 000	2 032 000	2 125 000	1 416 000
Expenditure	1 184 000	1 325 000	919 000	829 000
Operating Profit	795 000	707 000	1 206 000	587 000
Financial Income	400 000	566 000	432 000	0
Financial Costs	1 045 000	860 000	902 000	262 000
Financial Balance	−645 000	−294 000	−470 000	−262 000
Earnings Before Tax	150 000	413 000	736 000	325 000
Tax	0	0	79 000	−11 000
Net Income	150 000	413 000	657 000	336 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 290 000	24 572 000	28 297 000	13 470 000
Total Current Assets	3 756 000	4 672 000	2 046 000	16 806 000
Total Assets	28 046 000	29 244 000	30 342 000	30 276 000
Total Retained Equity	2 457 000	2 308 000	1 895 000	1 518 000
Total Equity	4 669 000	4 268 000	3 855 000	3 478 000
Total Long-Term Debt	23 140 000	24 461 000	25 813 000	25 092 000
Total Current Debt	236 000	516 000	675 000	1 706 000
Total Equity and Debt	28 046 000	29 244 000	30 342 000	30 276 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 979 000	1 999 000	2 111 000	1 416 000
Other Income	0	33 000	14 000	0
Revenue	1 979 000	2 032 000	2 125 000	1 416 000
Cost of Goods Sold	0	0	0	6 000
Salary Costs	0	0	0	0
Depreciation	466 000	420 000	414 000	391 000
Impairment	0	0	0	0
Expenditure	1 184 000	1 325 000	919 000	829 000
Operating Profit	795 000	707 000	1 206 000	587 000
Financial Income	400 000	566 000	432 000	0
Financial Costs	1 045 000	860 000	902 000	262 000
Financial Balance	−645 000	−294 000	−470 000	−262 000
Dividends	0	0	0	0
Net Income	150 000	413 000	657 000	336 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 117 000	14 572 000	13 297 000	13 470 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	174 000	0	0	0
Total Tangible Assets	14 290 000	14 572 000	13 297 000	13 470 000
Total Fiancial Fixed Assets	10 000 000	10 000 000	15 000 000	0
Total Fixed Assets	24 290 000	24 572 000	28 297 000	13 470 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 424 000	4 054 000	1 506 000	16 639 000
Total Current Assets	3 756 000	4 672 000	2 046 000	16 806 000
Total Assets	28 046 000	29 244 000	30 342 000	30 276 000
Total Equity	4 669 000	4 268 000	3 855 000	3 478 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 140 000	24 461 000	25 813 000	25 092 000
Creditors	150 000	355 000	85 000	1 704 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	86 000	161 000	589 000	3 000
Total Current Debt	236 000	516 000	675 000	1 706 000
Total Equity and Debt	28 046 000	29 244 000	30 342 000	30 276 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,21 %	9,68 %	17,04 %	9,66 %
Debt-to-Equity Ratio	4,96	5,73	6,7	7,21
Operating Profit Margin	40,17 %	34,79 %	56,75 %	41,45 %
Current Ratio	15,92	9,05	3,03	9,85
Quick Ratio	15,92	9,05	3,03	9,85
Equity Ratio	0,17	0,15	0,13	0,11
Gross Profit Margin	100 %	100 %	100 %	99,58 %