KURLAND INVEST AS

1479 KURLAND

Finances

Return on Equity

8,09 %

Current Ratio

5,41

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 000	266 000	220 000	160 000
Net Income	347 000	1 629 000	−37 000	−95 000
Total Assets	4 737 000	4 649 000	3 569 000	4 019 000
Total Equity	4 291 000	4 244 000	3 215 000	3 317 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 000	266 000	220 000	160 000
Expenditure	241 000	93 000	89 000	111 000
Operating Profit	−124 000	173 000	131 000	49 000
Financial Income	505 000	1 459 000	584 000	241 000
Financial Costs	34 000	3 000	751 000	385 000
Financial Balance	471 000	1 456 000	−167 000	−144 000
Earnings Before Tax	347 000	1 629 000	−37 000	−95 000
Tax	0	0	0	0
Net Income	347 000	1 629 000	−37 000	−95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 899 000	2 275 000	2 784 000	2 785 000
Total Current Assets	1 838 000	2 374 000	785 000	1 235 000
Total Assets	4 737 000	4 649 000	3 569 000	4 019 000
Total Retained Equity	3 873 000	3 826 000	2 797 000	2 899 000
Total Equity	4 291 000	4 244 000	3 215 000	3 317 000
Total Long-Term Debt	106 000	103 000	353 000	478 000
Total Current Debt	340 000	302 000	1 000	224 000
Total Equity and Debt	4 737 000	4 649 000	3 569 000	4 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	118 000	266 000	220 000	160 000
Revenue	118 000	266 000	220 000	160 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	241 000	93 000	89 000	111 000
Operating Profit	−124 000	173 000	131 000	49 000
Financial Income	505 000	1 459 000	584 000	241 000
Financial Costs	34 000	3 000	751 000	385 000
Financial Balance	471 000	1 456 000	−167 000	−144 000
Dividends	300 000	300 000	0	70 000
Net Income	347 000	1 629 000	−37 000	−95 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 630 000	1 630 000	1 630 000	1 630 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 630 000	1 630 000	1 630 000	1 630 000
Total Fiancial Fixed Assets	1 269 000	645 000	1 154 000	1 155 000
Total Fixed Assets	2 899 000	2 275 000	2 784 000	2 785 000
Stock	0	0	0	0
Total Investments	28 000	81 000	75 000	861 000
Cash, Bank	1 589 000	2 178 000	595 000	158 000
Total Current Assets	1 838 000	2 374 000	785 000	1 235 000
Total Assets	4 737 000	4 649 000	3 569 000	4 019 000
Total Equity	4 291 000	4 244 000	3 215 000	3 317 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	106 000	103 000	353 000	478 000
Creditors	0	2 000	1 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	300 000	300 000	0	70 000
Other Current Debt	40 000	0	0	220 000
Total Current Debt	340 000	302 000	1 000	224 000
Total Equity and Debt	4 737 000	4 649 000	3 569 000	4 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,09 %	38,38 %	−1,15 %	−2,86 %
Debt-to-Equity Ratio	0,02	0,02	0,11	0,14
Operating Profit Margin	−105,08 %	65,04 %	59,55 %	30,63 %
Current Ratio	5,41	7,86	785	5,51
Quick Ratio	5,41	7,86	785	5,51
Equity Ratio	0,91	0,91	0,9	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %