KURLAND EIENDOM AS

1727 SARPSBORG

Finances

Share Ownership

Return on Equity

8,08 %

Current Ratio

2,53

Debt-to-Equity Ratio

2,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 848 000	1 763 000	1 749 000	1 663 000
Net Income	212 000	146 000	333 000	105 000
Total Assets	9 814 000	10 136 000	10 376 000	10 546 000
Total Equity	2 624 000	2 412 000	2 266 000	1 933 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 848 000	1 763 000	1 749 000	1 663 000
Expenditure	1 323 000	1 391 000	1 100 000	1 248 000
Operating Profit	525 000	373 000	649 000	415 000
Financial Income	1 000	0	0	1 000
Financial Costs	254 000	185 000	223 000	281 000
Financial Balance	−253 000	−185 000	−223 000	−280 000
Earnings Before Tax	271 000	188 000	427 000	135 000
Tax	60 000	42 000	94 000	30 000
Net Income	212 000	146 000	333 000	105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 873 000	9 134 000	9 394 000	9 655 000
Total Current Assets	940 000	1 002 000	982 000	890 000
Total Assets	9 814 000	10 136 000	10 376 000	10 546 000
Total Retained Equity	2 515 000	2 303 000	2 157 000	1 824 000
Total Equity	2 624 000	2 412 000	2 266 000	1 933 000
Total Long-Term Debt	6 819 000	7 228 000	7 674 000	7 980 000
Total Current Debt	371 000	496 000	437 000	633 000
Total Equity and Debt	9 814 000	10 136 000	10 376 000	10 546 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 848 000	1 763 000	1 749 000	1 663 000
Revenue	1 848 000	1 763 000	1 749 000	1 663 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	261 000	261 000	261 000	261 000
Impairment	0	0	0	0
Expenditure	1 323 000	1 391 000	1 100 000	1 248 000
Operating Profit	525 000	373 000	649 000	415 000
Financial Income	1 000	0	0	1 000
Financial Costs	254 000	185 000	223 000	281 000
Financial Balance	−253 000	−185 000	−223 000	−280 000
Dividends	0	0	0	0
Net Income	212 000	146 000	333 000	105 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 764 000	9 024 000	9 284 000	9 543 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	10 000	11 000	12 000
Total Tangible Assets	8 773 000	9 034 000	9 294 000	9 555 000
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	8 873 000	9 134 000	9 394 000	9 655 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	710 000	861 000	817 000	740 000
Total Current Assets	940 000	1 002 000	982 000	890 000
Total Assets	9 814 000	10 136 000	10 376 000	10 546 000
Total Equity	2 624 000	2 412 000	2 266 000	1 933 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 819 000	7 228 000	7 674 000	7 980 000
Creditors	50 000	45 000	78 000	63 000
Unpaid Taxes	0	0	3 000	5 000
Dividends	0	0	0	0
Other Current Debt	247 000	397 000	252 000	528 000
Total Current Debt	371 000	496 000	437 000	633 000
Total Equity and Debt	9 814 000	10 136 000	10 376 000	10 546 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,08 %	6,05 %	14,7 %	5,43 %
Debt-to-Equity Ratio	2,6	3	3,39	4,13
Operating Profit Margin	28,41 %	21,16 %	37,11 %	24,95 %
Current Ratio	2,53	2,02	2,25	1,41
Quick Ratio	2,53	2,02	2,25	1,41
Equity Ratio	0,27	0,24	0,22	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %