KRAGERØ GOLF AS

3788 STABBESTAD

Finances

Return on Equity

14,95 %

Current Ratio

0,73

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 367 000	22 179 000	18 901 000	13 068 000
Net Income	1 905 000	2 557 000	3 327 000	176 000
Total Assets	19 191 000	18 249 000	17 556 000	15 769 000
Total Equity	12 744 000	10 747 000	8 190 000	4 863 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 367 000	22 179 000	18 901 000	13 068 000
Expenditure	19 244 000	19 471 000	15 354 000	12 598 000
Operating Profit	2 123 000	2 707 000	3 546 000	470 000
Financial Income	0	0	1 000	1 000
Financial Costs	218 000	150 000	220 000	295 000
Financial Balance	−218 000	−150 000	−219 000	−294 000
Earnings Before Tax	1 905 000	2 557 000	3 327 000	176 000
Tax	0	0	0	0
Net Income	1 905 000	2 557 000	3 327 000	176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 440 000	16 379 000	15 559 000	14 497 000
Total Current Assets	1 751 000	1 871 000	1 997 000	1 272 000
Total Assets	19 191 000	18 249 000	17 556 000	15 769 000
Total Retained Equity	5 657 000	3 751 000	1 194 000	−2 133 000
Total Equity	12 744 000	10 747 000	8 190 000	4 863 000
Total Long-Term Debt	4 057 000	4 141 000	7 642 000	9 559 000
Total Current Debt	2 390 000	3 361 000	1 725 000	1 348 000
Total Equity and Debt	19 191 000	18 249 000	17 556 000	15 769 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 160 000	20 849 000	17 824 000	12 422 000
Other Income	1 206 000	1 329 000	1 077 000	646 000
Revenue	21 367 000	22 179 000	18 901 000	13 068 000
Cost of Goods Sold	3 382 000	2 468 000	1 681 000	1 086 000
Salary Costs	7 513 000	7 711 000	6 549 000	6 102 000
Depreciation	343 000	221 000	135 000	45 000
Impairment	0	0	0	0
Expenditure	19 244 000	19 471 000	15 354 000	12 598 000
Operating Profit	2 123 000	2 707 000	3 546 000	470 000
Financial Income	0	0	1 000	1 000
Financial Costs	218 000	150 000	220 000	295 000
Financial Balance	−218 000	−150 000	−219 000	−294 000
Dividends	0	0	0	0
Net Income	1 905 000	2 557 000	3 327 000	176 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 565 000	14 115 000	13 913 000	14 147 000
Machinery and Plant Facilities	616 000	529 000	187 000	166 000
Fixtures	1 795 000	1 127 000	787 000	56 000
Total Tangible Assets	16 976 000	15 770 000	14 887 000	14 368 000
Total Fiancial Fixed Assets	464 000	608 000	672 000	129 000
Total Fixed Assets	17 440 000	16 379 000	15 559 000	14 497 000
Stock	150 000	83 000	42 000	141 000
Total Investments	0	0	0	0
Cash, Bank	547 000	530 000	776 000	405 000
Total Current Assets	1 751 000	1 871 000	1 997 000	1 272 000
Total Assets	19 191 000	18 249 000	17 556 000	15 769 000
Total Equity	12 744 000	10 747 000	8 190 000	4 863 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 057 000	4 141 000	7 642 000	9 559 000
Creditors	929 000	1 836 000	298 000	183 000
Unpaid Taxes	355 000	548 000	498 000	444 000
Dividends	0	0	0	0
Other Current Debt	1 107 000	977 000	928 000	720 000
Total Current Debt	2 390 000	3 361 000	1 725 000	1 348 000
Total Equity and Debt	19 191 000	18 249 000	17 556 000	15 769 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,95 %	23,79 %	40,62 %	3,62 %
Debt-to-Equity Ratio	0,32	0,39	0,93	1,97
Operating Profit Margin	9,94 %	12,21 %	18,76 %	3,6 %
Current Ratio	0,73	0,56	1,16	0,94
Quick Ratio	0,78	0,57	1,19	1,05
Equity Ratio	0,66	0,59	0,47	0,31
Gross Profit Margin	84,17 %	88,87 %	91,11 %	91,69 %