KIRKEGATA 17 AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

3,42 %

Current Ratio

1,04

Debt-to-Equity Ratio

2,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 566 000	1 539 000	1 533 000	1 615 000
Net Income	207 000	270 000	128 000	199 000
Total Assets	20 805 000	21 364 000	21 868 000	22 705 000
Total Equity	6 052 000	5 846 000	5 576 000	5 448 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 566 000	1 539 000	1 533 000	1 615 000
Expenditure	724 000	772 000	811 000	751 000
Operating Profit	842 000	767 000	722 000	864 000
Financial Income	0	0	0	0
Financial Costs	493 000	338 000	473 000	539 000
Financial Balance	−493 000	−338 000	−473 000	−539 000
Earnings Before Tax	349 000	429 000	250 000	325 000
Tax	143 000	160 000	121 000	127 000
Net Income	207 000	270 000	128 000	199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 403 000	20 957 000	21 544 000	22 133 000
Total Current Assets	401 000	406 000	324 000	572 000
Total Assets	20 805 000	21 364 000	21 868 000	22 705 000
Total Retained Equity	1 144 000	937 000	667 000	539 000
Total Equity	6 052 000	5 846 000	5 576 000	5 448 000
Total Long-Term Debt	14 368 000	15 195 000	16 022 000	16 849 000
Total Current Debt	384 000	323 000	270 000	408 000
Total Equity and Debt	20 805 000	21 364 000	21 868 000	22 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 533 000	1 615 000
Other Income	1 566 000	1 539 000	0	0
Revenue	1 566 000	1 539 000	1 533 000	1 615 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	585 000	587 000	589 000	594 000
Impairment	0	0	0	0
Expenditure	724 000	772 000	811 000	751 000
Operating Profit	842 000	767 000	722 000	864 000
Financial Income	0	0	0	0
Financial Costs	493 000	338 000	473 000	539 000
Financial Balance	−493 000	−338 000	−473 000	−539 000
Dividends	0	0	0	0
Net Income	207 000	270 000	128 000	199 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 403 000	20 957 000	21 544 000	22 133 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	20 403 000	20 957 000	21 544 000	22 133 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 403 000	20 957 000	21 544 000	22 133 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	401 000	399 000	170 000	559 000
Total Current Assets	401 000	406 000	324 000	572 000
Total Assets	20 805 000	21 364 000	21 868 000	22 705 000
Total Equity	6 052 000	5 846 000	5 576 000	5 448 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 368 000	15 195 000	16 022 000	16 849 000
Creditors	0	0	0	20 000
Unpaid Taxes	73 000	56 000	49 000	63 000
Dividends	0	0	0	0
Other Current Debt	136 000	76 000	71 000	161 000
Total Current Debt	384 000	323 000	270 000	408 000
Total Equity and Debt	20 805 000	21 364 000	21 868 000	22 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,42 %	4,62 %	2,3 %	3,65 %
Debt-to-Equity Ratio	2,37	2,6	2,87	3,09
Operating Profit Margin	53,77 %	49,84 %	47,1 %	53,5 %
Current Ratio	1,04	1,26	1,2	1,4
Quick Ratio	1,04	1,26	1,2	1,4
Equity Ratio	0,29	0,27	0,25	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %