OLAV KYRRESGATE 11 AS

5014 BERGEN

Finances

Return on Equity

4,77 %

Current Ratio

3,12

Debt-to-Equity Ratio

3,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 786 000	22 478 000	21 519 000	22 977 000
Net Income	2 437 000	5 395 000	4 276 000	1 655 000
Total Assets	214 519 000	226 210 000	221 197 000	227 368 000
Total Equity	51 071 000	48 634 000	43 239 000	38 962 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 786 000	22 478 000	21 519 000	22 977 000
Expenditure	16 792 000	11 617 000	11 299 000	13 938 000
Operating Profit	7 995 000	10 861 000	10 221 000	9 039 000
Financial Income	350 000	20 000	40 000	154 000
Financial Costs	5 220 000	3 960 000	4 778 000	7 070 000
Financial Balance	−4 870 000	−3 940 000	−4 738 000	−6 916 000
Earnings Before Tax	3 126 000	6 921 000	5 483 000	2 124 000
Tax	688 000	1 526 000	1 207 000	469 000
Net Income	2 437 000	5 395 000	4 276 000	1 655 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	204 868 000	210 831 000	214 817 000	220 242 000
Total Current Assets	9 651 000	15 379 000	6 379 000	7 126 000
Total Assets	214 519 000	226 210 000	221 197 000	227 368 000
Total Retained Equity	34 118 000	31 681 000	26 286 000	22 010 000
Total Equity	51 071 000	48 634 000	43 239 000	38 962 000
Total Long-Term Debt	160 349 000	170 946 000	176 696 000	185 490 000
Total Current Debt	3 098 000	6 630 000	1 262 000	2 916 000
Total Equity and Debt	214 519 000	226 210 000	221 197 000	227 368 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 786 000	22 478 000	21 519 000	22 977 000
Other Income	0	0	0	0
Revenue	24 786 000	22 478 000	21 519 000	22 977 000
Cost of Goods Sold	0	0	0	0
Salary Costs	445 000	377 000	334 000	323 000
Depreciation	6 794 000	6 624 000	6 498 000	6 498 000
Impairment	0	0	0	0
Expenditure	16 792 000	11 617 000	11 299 000	13 938 000
Operating Profit	7 995 000	10 861 000	10 221 000	9 039 000
Financial Income	350 000	20 000	40 000	154 000
Financial Costs	5 220 000	3 960 000	4 778 000	7 070 000
Financial Balance	−4 870 000	−3 940 000	−4 738 000	−6 916 000
Dividends	0	0	0	0
Net Income	2 437 000	5 395 000	4 276 000	1 655 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	204 868 000	210 831 000	214 817 000	220 242 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	204 868 000	210 831 000	214 817 000	220 242 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	204 868 000	210 831 000	214 817 000	220 242 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 194 000	13 799 000	4 936 000	4 165 000
Total Current Assets	9 651 000	15 379 000	6 379 000	7 126 000
Total Assets	214 519 000	226 210 000	221 197 000	227 368 000
Total Equity	51 071 000	48 634 000	43 239 000	38 962 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	160 349 000	170 946 000	176 696 000	185 490 000
Creditors	616 000	811 000	865 000	425 000
Unpaid Taxes	140 000	149 000	111 000	0
Dividends	0	0	0	0
Other Current Debt	1 057 000	3 393 000	285 000	2 491 000
Total Current Debt	3 098 000	6 630 000	1 262 000	2 916 000
Total Equity and Debt	214 519 000	226 210 000	221 197 000	227 368 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,77 %	11,09 %	9,89 %	4,25 %
Debt-to-Equity Ratio	3,14	3,51	4,09	4,76
Operating Profit Margin	32,26 %	48,32 %	47,5 %	39,34 %
Current Ratio	3,12	2,32	5,05	2,44
Quick Ratio	3,12	2,32	5,05	2,44
Equity Ratio	0,24	0,21	0,2	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %