KUTH EIENDOM AS

9690 HAVØYSUND

Finances

Share Ownership

Return on Equity

12,68 %

Current Ratio

13,26

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	481 000	437 000	441 000	480 000
Net Income	155 000	189 000	167 000	119 000
Total Assets	2 107 000	2 069 000	1 977 000	1 908 000
Total Equity	1 222 000	1 066 000	877 000	710 000

Income (NOK)	2022	2021	2020	2019
Revenue	481 000	437 000	441 000	480 000
Expenditure	213 000	132 000	156 000	246 000
Operating Profit	268 000	306 000	285 000	234 000
Financial Income	0	0	0	0
Financial Costs	64 000	59 000	67 000	80 000
Financial Balance	−64 000	−59 000	−67 000	−80 000
Earnings Before Tax	204 000	246 000	218 000	154 000
Tax	49 000	57 000	50 000	36 000
Net Income	155 000	189 000	167 000	119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 126 000	1 133 000	1 179 000	1 226 000
Total Current Assets	981 000	937 000	797 000	682 000
Total Assets	2 107 000	2 069 000	1 977 000	1 908 000
Total Retained Equity	872 000	716 000	527 000	360 000
Total Equity	1 222 000	1 066 000	877 000	710 000
Total Long-Term Debt	811 000	918 000	1 025 000	1 132 000
Total Current Debt	74 000	85 000	74 000	66 000
Total Equity and Debt	2 107 000	2 069 000	1 977 000	1 908 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	481 000	437 000	441 000	480 000
Revenue	481 000	437 000	441 000	480 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	47 000	47 000	47 000	47 000
Impairment	0	0	0	0
Expenditure	213 000	132 000	156 000	246 000
Operating Profit	268 000	306 000	285 000	234 000
Financial Income	0	0	0	0
Financial Costs	64 000	59 000	67 000	80 000
Financial Balance	−64 000	−59 000	−67 000	−80 000
Dividends	0	0	0	0
Net Income	155 000	189 000	167 000	119 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	408 000	454 000	501 000	547 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	408 000	454 000	501 000	547 000
Total Fiancial Fixed Assets	719 000	679 000	679 000	679 000
Total Fixed Assets	1 126 000	1 133 000	1 179 000	1 226 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	813 000	719 000	580 000	465 000
Total Current Assets	981 000	937 000	797 000	682 000
Total Assets	2 107 000	2 069 000	1 977 000	1 908 000
Total Equity	1 222 000	1 066 000	877 000	710 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	811 000	918 000	1 025 000	1 132 000
Creditors	5 000	5 000	0	3 000
Unpaid Taxes	15 000	18 000	19 000	22 000
Dividends	0	0	0	0
Other Current Debt	5 000	4 000	4 000	5 000
Total Current Debt	74 000	85 000	74 000	66 000
Total Equity and Debt	2 107 000	2 069 000	1 977 000	1 908 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,68 %	17,73 %	19,04 %	16,76 %
Debt-to-Equity Ratio	0,66	0,86	1,17	1,59
Operating Profit Margin	55,72 %	70,02 %	64,63 %	48,75 %
Current Ratio	13,26	11,02	10,77	10,33
Quick Ratio	13,26	11,02	10,77	10,33
Equity Ratio	0,58	0,52	0,44	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %