KIRKENES INDUSTRIAL LOGISTICS AREA AS

9900 KIRKENES

Finances

Share Ownership

Return on Equity

−1,62 %

Current Ratio

1,89

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	110 000	107 000	308 000	0
Net Income	−129 000	−161 000	−42 000	−240 000
Total Assets	11 874 000	11 850 000	12 113 000	12 112 000
Total Equity	7 968 000	7 968 000	7 968 000	7 968 000

Income (NOK)	2022	2021	2020	2019
Revenue	110 000	107 000	308 000	0
Expenditure	274 000	313 000	362 000	308 000
Operating Profit	−164 000	−206 000	−54 000	−308 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Earnings Before Tax	−165 000	−207 000	−54 000	−308 000
Tax	−36 000	−45 000	−12 000	−68 000
Net Income	−129 000	−161 000	−42 000	−240 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 732 000	11 716 000	11 696 000	11 696 000
Total Current Assets	142 000	134 000	417 000	415 000
Total Assets	11 874 000	11 850 000	12 113 000	12 112 000
Total Retained Equity	0	0	0	0
Total Equity	7 968 000	7 968 000	7 968 000	7 968 000
Total Long-Term Debt	3 832 000	3 836 000	4 144 000	4 144 000
Total Current Debt	75 000	47 000	2 000	0
Total Equity and Debt	11 874 000	11 850 000	12 113 000	12 112 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	110 000	107 000	308 000	0
Other Income	0	0	0	0
Revenue	110 000	107 000	308 000	0
Cost of Goods Sold	5 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	274 000	313 000	362 000	308 000
Operating Profit	−164 000	−206 000	−54 000	−308 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−129 000	−161 000	−42 000	−240 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 732 000	11 716 000	11 696 000	11 696 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 732 000	11 716 000	11 696 000	11 696 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 732 000	11 716 000	11 696 000	11 696 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	142 000	134 000	0	1 000
Total Current Assets	142 000	134 000	417 000	415 000
Total Assets	11 874 000	11 850 000	12 113 000	12 112 000
Total Equity	7 968 000	7 968 000	7 968 000	7 968 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 832 000	3 836 000	4 144 000	4 144 000
Creditors	8 000	25 000	0	0
Unpaid Taxes	26 000	22 000	0	0
Dividends	0	0	0	0
Other Current Debt	41 000	0	2 000	0
Total Current Debt	75 000	47 000	2 000	0
Total Equity and Debt	11 874 000	11 850 000	12 113 000	12 112 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,62 %	−2,02 %	−0,53 %	−3,01 %
Debt-to-Equity Ratio	0,48	0,48	0,52	0,52
Operating Profit Margin	−149,09 %	−192,52 %	−17,53 %	-
Current Ratio	1,89	2,85	208,5	-
Quick Ratio	1,89	2,85	208,5	-
Equity Ratio	0,67	0,67	0,66	0,66
Gross Profit Margin	95,45 %	100 %	100 %	-