KIÆR INVEST EIENDOM II AS

1604 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

29,98 %

Current Ratio

0,13

Debt-to-Equity Ratio

8,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 875 000	4 255 000	7 604 000	18 067 000
Net Income	3 593 000	7 860 000	−2 469 000	5 675 000
Total Assets	121 070 000	115 882 000	99 417 000	104 329 000
Total Equity	11 985 000	11 893 000	4 033 000	8 328 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 875 000	4 255 000	7 604 000	18 067 000
Expenditure	8 263 000	−8 846 000	7 267 000	6 884 000
Operating Profit	4 612 000	13 101 000	336 000	11 183 000
Financial Income	0	0	3 000	12 000
Financial Costs	6 000	3 025 000	3 480 000	3 919 000
Financial Balance	−6 000	−3 025 000	−3 477 000	−3 907 000
Earnings Before Tax	4 606 000	10 076 000	−3 141 000	7 276 000
Tax	1 013 000	2 217 000	−672 000	1 601 000
Net Income	3 593 000	7 860 000	−2 469 000	5 675 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	119 843 000	115 065 000	93 486 000	99 853 000
Total Current Assets	1 227 000	817 000	5 931 000	4 476 000
Total Assets	121 070 000	115 882 000	99 417 000	104 329 000
Total Retained Equity	5 483 000	5 390 000	−2 469 000	2 499 000
Total Equity	11 985 000	11 893 000	4 033 000	8 328 000
Total Long-Term Debt	99 967 000	98 954 000	85 650 000	85 802 000
Total Current Debt	9 117 000	5 035 000	9 734 000	10 199 000
Total Equity and Debt	121 070 000	115 882 000	99 417 000	104 329 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	177 000	348 000	5 383 000	17 784 000
Other Income	12 698 000	3 907 000	2 221 000	283 000
Revenue	12 875 000	4 255 000	7 604 000	18 067 000
Cost of Goods Sold	3 170 000	2 372 000	565 000	444 000
Salary Costs	0	0	0	0
Depreciation	2 580 000	−14 000 000	4 113 000	4 113 000
Impairment	0	0	0	0
Expenditure	8 263 000	−8 846 000	7 267 000	6 884 000
Operating Profit	4 612 000	13 101 000	336 000	11 183 000
Financial Income	0	0	3 000	12 000
Financial Costs	6 000	3 025 000	3 480 000	3 919 000
Financial Balance	−6 000	−3 025 000	−3 477 000	−3 907 000
Dividends	3 500 000	0	0	0
Net Income	3 593 000	7 860 000	−2 469 000	5 675 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	119 843 000	115 065 000	93 486 000	97 599 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	119 843 000	115 065 000	93 486 000	97 599 000
Total Fiancial Fixed Assets	0	0	0	2 254 000
Total Fixed Assets	119 843 000	115 065 000	93 486 000	99 853 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	650 000	17 000	3 073 000	4 127 000
Total Current Assets	1 227 000	817 000	5 931 000	4 476 000
Total Assets	121 070 000	115 882 000	99 417 000	104 329 000
Total Equity	11 985 000	11 893 000	4 033 000	8 328 000
Short-Term Group Debt	4 950 000	610 000	8 735 000	0
Total Long-Term Debt	99 967 000	98 954 000	85 650 000	85 802 000
Creditors	408 000	3 472 000	154 000	88 000
Unpaid Taxes	196 000	0	62 000	0
Dividends	3 500 000	0	0	0
Other Current Debt	63 000	954 000	783 000	10 111 000
Total Current Debt	9 117 000	5 035 000	9 734 000	10 199 000
Total Equity and Debt	121 070 000	115 882 000	99 417 000	104 329 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,98 %	66,09 %	−61,22 %	68,14 %
Debt-to-Equity Ratio	8,34	8,32	21,24	10,3
Operating Profit Margin	35,82 %	307,9 %	4,42 %	61,9 %
Current Ratio	0,13	0,16	0,61	0,44
Quick Ratio	0,13	0,16	0,61	0,44
Equity Ratio	0,1	0,1	0,04	0,08
Gross Profit Margin	75,38 %	44,25 %	92,57 %	97,54 %