KANNIK EIENDOM AS

4008 STAVANGER

Finances

Return on Equity

3,56 %

Current Ratio

2,71

Debt-to-Equity Ratio

1,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	740 000	740 000	740 000	602 000
Net Income	124 000	164 000	160 000	216 000
Total Assets	8 997 000	8 895 000	8 662 000	8 482 000
Total Equity	3 483 000	3 359 000	3 195 000	3 035 000

Income (NOK)	2022	2021	2020	2019
Revenue	740 000	740 000	740 000	602 000
Expenditure	390 000	374 000	362 000	197 000
Operating Profit	350 000	366 000	378 000	405 000
Financial Income	5 000	5 000	4 000	3 000
Financial Costs	195 000	160 000	177 000	131 000
Financial Balance	−190 000	−155 000	−173 000	−128 000
Earnings Before Tax	159 000	211 000	205 000	277 000
Tax	35 000	46 000	45 000	61 000
Net Income	124 000	164 000	160 000	216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 085 000	6 022 000	6 091 000	6 160 000
Total Current Assets	2 912 000	2 873 000	2 571 000	2 323 000
Total Assets	8 997 000	8 895 000	8 662 000	8 482 000
Total Retained Equity	3 381 000	3 257 000	3 093 000	2 933 000
Total Equity	3 483 000	3 359 000	3 195 000	3 035 000
Total Long-Term Debt	4 441 000	4 628 000	4 829 000	5 016 000
Total Current Debt	1 073 000	908 000	638 000	432 000
Total Equity and Debt	8 997 000	8 895 000	8 662 000	8 482 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	740 000	740 000	740 000	602 000
Revenue	740 000	740 000	740 000	602 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	74 000	69 000	69 000	70 000
Impairment	0	0	0	0
Expenditure	390 000	374 000	362 000	197 000
Operating Profit	350 000	366 000	378 000	405 000
Financial Income	5 000	5 000	4 000	3 000
Financial Costs	195 000	160 000	177 000	131 000
Financial Balance	−190 000	−155 000	−173 000	−128 000
Dividends	0	0	0	0
Net Income	124 000	164 000	160 000	216 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 734 000	1 803 000	1 872 000	1 941 000
Machinery and Plant Facilities	132 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 866 000	1 803 000	1 872 000	1 941 000
Total Fiancial Fixed Assets	4 219 000	4 219 000	4 219 000	4 219 000
Total Fixed Assets	6 085 000	6 022 000	6 091 000	6 160 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	34 000	19 000	28 000
Total Current Assets	2 912 000	2 873 000	2 571 000	2 323 000
Total Assets	8 997 000	8 895 000	8 662 000	8 482 000
Total Equity	3 483 000	3 359 000	3 195 000	3 035 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 441 000	4 628 000	4 829 000	5 016 000
Creditors	0	43 000	0	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 039 000	815 000	590 000	366 000
Total Current Debt	1 073 000	908 000	638 000	432 000
Total Equity and Debt	8 997 000	8 895 000	8 662 000	8 482 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,56 %	4,88 %	5,01 %	7,12 %
Debt-to-Equity Ratio	1,28	1,38	1,51	1,65
Operating Profit Margin	47,3 %	49,46 %	51,08 %	67,28 %
Current Ratio	2,71	3,16	4,03	5,38
Quick Ratio	2,71	3,16	4,03	5,38
Equity Ratio	0,39	0,38	0,37	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %