KIRKEBAKKEN GRIMSTAD BORETTSLAG

4836 ARENDAL

Finances

Share Ownership

Return on Equity

−8,88 %

Current Ratio

6,91

Debt-to-Equity Ratio

−23,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 169 000	1 080 000	1 054 000	1 028 000
Net Income	150 000	−443 000	−1 031 000	−167 000
Total Assets	38 643 000	38 572 000	38 405 000	40 269 000
Total Equity	−1 689 000	−1 839 000	−1 391 000	−360 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 169 000	1 080 000	1 054 000	1 028 000
Expenditure	734 000	1 354 000	1 872 000	929 000
Operating Profit	435 000	−275 000	−819 000	99 000
Financial Income	6 000	0	1 000	1 000
Financial Costs	292 000	168 000	213 000	267 000
Financial Balance	−286 000	−168 000	−212 000	−266 000
Earnings Before Tax	150 000	−443 000	−1 031 000	−167 000
Tax	0	0	0	0
Net Income	150 000	−443 000	−1 031 000	−167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 187 000	38 187 000	38 187 000	39 787 000
Total Current Assets	456 000	385 000	218 000	481 000
Total Assets	38 643 000	38 572 000	38 405 000	40 269 000
Total Retained Equity	−1 779 000	−1 929 000	−1 486 000	−455 000
Total Equity	−1 689 000	−1 839 000	−1 391 000	−360 000
Total Long-Term Debt	40 267 000	40 385 000	39 525 000	40 583 000
Total Current Debt	66 000	26 000	270 000	46 000
Total Equity and Debt	38 643 000	38 572 000	38 405 000	40 269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 169 000	1 080 000	1 054 000	1 028 000
Revenue	1 169 000	1 080 000	1 054 000	1 028 000
Cost of Goods Sold	0	0	0	0
Salary Costs	31 000	30 000	26 000	27 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	734 000	1 354 000	1 872 000	929 000
Operating Profit	435 000	−275 000	−819 000	99 000
Financial Income	6 000	0	1 000	1 000
Financial Costs	292 000	168 000	213 000	267 000
Financial Balance	−286 000	−168 000	−212 000	−266 000
Dividends	0	0	0	0
Net Income	150 000	−443 000	−1 031 000	−167 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	38 187 000	38 187 000	38 187 000	39 787 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	38 187 000	38 187 000	38 187 000	39 787 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	38 187 000	38 187 000	38 187 000	39 787 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	347 000	258 000	181 000	325 000
Total Current Assets	456 000	385 000	218 000	481 000
Total Assets	38 643 000	38 572 000	38 405 000	40 269 000
Total Equity	−1 689 000	−1 839 000	−1 391 000	−360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 267 000	40 385 000	39 525 000	40 583 000
Creditors	34 000	14 000	233 000	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	32 000	12 000	37 000	39 000
Total Current Debt	66 000	26 000	270 000	46 000
Total Equity and Debt	38 643 000	38 572 000	38 405 000	40 269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,88 %	24,09 %	74,12 %	46,39 %
Debt-to-Equity Ratio	−23,84	−21,96	−28,41	−112,73
Operating Profit Margin	37,21 %	−25,46 %	−77,7 %	9,63 %
Current Ratio	6,91	14,81	0,81	10,46
Quick Ratio	6,91	14,81	0,81	10,46
Equity Ratio	−0,04	−0,05	−0,04	−0,01
Gross Profit Margin	100 %	100 %	100 %	100 %