KIRKENESVANNET EIENDOM AS

9900 KIRKENES

Finances

Share Ownership

Return on Equity

107,74 %

Current Ratio

1,06

Debt-to-Equity Ratio

4,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 272 000	1 274 000	1 054 000	1 169 000
Net Income	543 000	839 000	−59 000	102 000
Total Assets	4 313 000	4 168 000	4 544 000	5 264 000
Total Equity	504 000	506 000	500 000	502 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 272 000	1 274 000	1 054 000	1 169 000
Expenditure	571 000	264 000	1 165 000	997 000
Operating Profit	701 000	1 010 000	−111 000	173 000
Financial Income	124 000	171 000	175 000	134 000
Financial Costs	129 000	107 000	140 000	176 000
Financial Balance	−5 000	64 000	35 000	−42 000
Earnings Before Tax	696 000	1 075 000	−75 000	131 000
Tax	153 000	237 000	−17 000	29 000
Net Income	543 000	839 000	−59 000	102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 766 000	2 792 000	3 686 000	4 184 000
Total Current Assets	1 547 000	1 376 000	858 000	1 080 000
Total Assets	4 313 000	4 168 000	4 544 000	5 264 000
Total Retained Equity	−591 000	−590 000	−595 000	−593 000
Total Equity	504 000	506 000	500 000	502 000
Total Long-Term Debt	2 350 000	2 943 000	3 447 000	3 920 000
Total Current Debt	1 458 000	719 000	597 000	841 000
Total Equity and Debt	4 313 000	4 168 000	4 544 000	5 264 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 272 000	1 274 000	1 054 000	1 169 000
Revenue	1 272 000	1 274 000	1 054 000	1 169 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	172 000	155 000	286 000	245 000
Impairment	0	0	0	0
Expenditure	571 000	264 000	1 165 000	997 000
Operating Profit	701 000	1 010 000	−111 000	173 000
Financial Income	124 000	171 000	175 000	134 000
Financial Costs	129 000	107 000	140 000	176 000
Financial Balance	−5 000	64 000	35 000	−42 000
Dividends	0	0	0	0
Net Income	543 000	839 000	−59 000	102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	669 000	759 000	865 000	1 151 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	669 000	759 000	865 000	1 151 000
Total Fiancial Fixed Assets	2 097 000	2 033 000	2 821 000	3 033 000
Total Fixed Assets	2 766 000	2 792 000	3 686 000	4 184 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	66 000	67 000	157 000	76 000
Total Current Assets	1 547 000	1 376 000	858 000	1 080 000
Total Assets	4 313 000	4 168 000	4 544 000	5 264 000
Total Equity	504 000	506 000	500 000	502 000
Short-Term Group Debt	785 000	64 000	0	104 000
Total Long-Term Debt	2 350 000	2 943 000	3 447 000	3 920 000
Creditors	94 000	91 000	20 000	79 000
Unpaid Taxes	11 000	7 000	19 000	85 000
Dividends	0	0	0	0
Other Current Debt	35 000	24 000	24 000	39 000
Total Current Debt	1 458 000	719 000	597 000	841 000
Total Equity and Debt	4 313 000	4 168 000	4 544 000	5 264 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,74 %	165,81 %	−11,8 %	20,32 %
Debt-to-Equity Ratio	4,66	5,82	6,89	7,81
Operating Profit Margin	55,11 %	79,28 %	−10,53 %	14,8 %
Current Ratio	1,06	1,91	1,44	1,28
Quick Ratio	1,06	1,91	1,44	1,28
Equity Ratio	0,12	0,12	0,11	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %