KIRKESUNDET KRAFT AS

6013 ÅLESUND

Finances

Return on Equity

24,19 %

Current Ratio

6,02

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 689 000	37 103 000	66 663 000	43 324 000
Net Income	33 691 000	19 092 000	44 108 000	22 789 000
Total Assets	166 415 000	122 890 000	131 574 000	90 505 000
Total Equity	139 268 000	105 577 000	86 485 000	62 376 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 689 000	37 103 000	66 663 000	43 324 000
Expenditure	13 021 000	10 766 000	15 101 000	13 078 000
Operating Profit	46 668 000	26 336 000	51 562 000	30 247 000
Financial Income	−1 630 000	−1 418 000	4 169 000	354 000
Financial Costs	253 000	247 000	117 000	592 000
Financial Balance	−1 883 000	−1 665 000	4 052 000	−238 000
Earnings Before Tax	44 785 000	24 672 000	55 614 000	30 009 000
Tax	11 093 000	5 580 000	11 506 000	7 220 000
Net Income	33 691 000	19 092 000	44 108 000	22 789 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 133 000	14 999 000	15 423 000	11 380 000
Total Current Assets	151 282 000	107 891 000	116 151 000	79 125 000
Total Assets	166 415 000	122 890 000	131 574 000	90 505 000
Total Retained Equity	112 768 000	79 077 000	59 985 000	35 876 000
Total Equity	139 268 000	105 577 000	86 485 000	62 376 000
Total Long-Term Debt	2 000 000	2 109 000	2 097 000	2 085 000
Total Current Debt	25 146 000	15 204 000	42 993 000	26 043 000
Total Equity and Debt	166 415 000	122 890 000	131 574 000	90 505 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	59 689 000	37 103 000	66 663 000	43 324 000
Revenue	59 689 000	37 103 000	66 663 000	43 324 000
Cost of Goods Sold	27 000	1 911 000	2 146 000	1 667 000
Salary Costs	8 970 000	6 051 000	9 265 000	8 189 000
Depreciation	23 000	21 000	21 000	16 000
Impairment	0	0	0	0
Expenditure	13 021 000	10 766 000	15 101 000	13 078 000
Operating Profit	46 668 000	26 336 000	51 562 000	30 247 000
Financial Income	−1 630 000	−1 418 000	4 169 000	354 000
Financial Costs	253 000	247 000	117 000	592 000
Financial Balance	−1 883 000	−1 665 000	4 052 000	−238 000
Dividends	0	0	20 000 000	15 000 000
Net Income	33 691 000	19 092 000	44 108 000	22 789 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	282 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	38 000	59 000	80 000
Total Tangible Assets	15 000	38 000	59 000	80 000
Total Fiancial Fixed Assets	14 835 000	14 961 000	15 364 000	11 300 000
Total Fixed Assets	15 133 000	14 999 000	15 423 000	11 380 000
Stock	0	0	0	0
Total Investments	99 824 000	25 185 000	41 607 000	9 437 000
Cash, Bank	51 215 000	81 455 000	53 701 000	50 687 000
Total Current Assets	151 282 000	107 891 000	116 151 000	79 125 000
Total Assets	166 415 000	122 890 000	131 574 000	90 505 000
Total Equity	139 268 000	105 577 000	86 485 000	62 376 000
Short-Term Group Debt	5 446 000	2 366 000	0	989 000
Total Long-Term Debt	2 000 000	2 109 000	2 097 000	2 085 000
Creditors	402 000	200 000	57 000	145 000
Unpaid Taxes	2 573 000	260 000	211 000	284 000
Dividends	0	0	20 000 000	15 000 000
Other Current Debt	4 497 000	6 419 000	9 933 000	4 164 000
Total Current Debt	25 146 000	15 204 000	42 993 000	26 043 000
Total Equity and Debt	166 415 000	122 890 000	131 574 000	90 505 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,19 %	18,08 %	51 %	36,53 %
Debt-to-Equity Ratio	0,01	0,02	0,02	0,03
Operating Profit Margin	78,19 %	70,98 %	77,35 %	69,82 %
Current Ratio	6,02	7,1	2,7	3,04
Quick Ratio	6,02	7,1	2,7	3,04
Equity Ratio	0,84	0,86	0,66	0,69
Gross Profit Margin	99,95 %	94,85 %	96,78 %	96,15 %