KIRKEVEIEN 2 AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

72,84 %

Current Ratio

1,42

Debt-to-Equity Ratio

2,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 549 000	2 324 000	459 000	423 000
Net Income	1 893 000	1 232 000	−326 000	−576 000
Total Assets	11 828 000	16 269 000	18 971 000	19 306 000
Total Equity	2 599 000	1 705 000	474 000	−1 201 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 549 000	2 324 000	459 000	423 000
Expenditure	932 000	786 000	559 000	719 000
Operating Profit	2 618 000	1 538 000	−100 000	−296 000
Financial Income	113 000	0	0	0
Financial Costs	303 000	196 000	225 000	297 000
Financial Balance	−190 000	−196 000	−225 000	−297 000
Earnings Before Tax	2 428 000	1 341 000	−326 000	−593 000
Tax	534 000	110 000	0	−16 000
Net Income	1 893 000	1 232 000	−326 000	−576 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 513 000	15 887 000	18 627 000	19 143 000
Total Current Assets	2 315 000	381 000	343 000	163 000
Total Assets	11 828 000	16 269 000	18 971 000	19 306 000
Total Retained Equity	2 125 000	1 232 000	0	−1 301 000
Total Equity	2 599 000	1 705 000	474 000	−1 201 000
Total Long-Term Debt	7 600 000	7 722 000	7 102 000	7 556 000
Total Current Debt	1 628 000	6 841 000	11 395 000	12 950 000
Total Equity and Debt	11 828 000	16 269 000	18 971 000	19 306 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	819 000	807 000	459 000	20 000
Other Income	2 730 000	1 516 000	0	403 000
Revenue	3 549 000	2 324 000	459 000	423 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	135 000	170 000	294 000	293 000
Impairment	0	0	0	0
Expenditure	932 000	786 000	559 000	719 000
Operating Profit	2 618 000	1 538 000	−100 000	−296 000
Financial Income	113 000	0	0	0
Financial Costs	303 000	196 000	225 000	297 000
Financial Balance	−190 000	−196 000	−225 000	−297 000
Dividends	0	0	0	0
Net Income	1 893 000	1 232 000	−326 000	−576 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 505 000	15 869 000	18 598 000	19 102 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	19 000	30 000	41 000
Total Tangible Assets	9 513 000	15 887 000	18 627 000	19 143 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 513 000	15 887 000	18 627 000	19 143 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	263 000	141 000	211 000	10 000
Total Current Assets	2 315 000	381 000	343 000	163 000
Total Assets	11 828 000	16 269 000	18 971 000	19 306 000
Total Equity	2 599 000	1 705 000	474 000	−1 201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 600 000	7 722 000	7 102 000	7 556 000
Creditors	26 000	27 000	13 000	11 000
Unpaid Taxes	14 000	0	10 000	0
Dividends	0	0	0	0
Other Current Debt	1 588 000	6 813 000	11 372 000	12 940 000
Total Current Debt	1 628 000	6 841 000	11 395 000	12 950 000
Total Equity and Debt	11 828 000	16 269 000	18 971 000	19 306 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,84 %	72,26 %	−68,78 %	47,96 %
Debt-to-Equity Ratio	2,92	4,53	14,98	−6,29
Operating Profit Margin	73,77 %	66,18 %	−21,79 %	−69,98 %
Current Ratio	1,42	0,06	0,03	0,01
Quick Ratio	1,42	0,06	0,03	0,01
Equity Ratio	0,22	0,1	0,02	−0,06
Gross Profit Margin	100 %	100 %	100 %	100 %