KJØLNES RING 2 AS

3917 PORSGRUNN

Finances

Return on Equity

2,06 %

Current Ratio

13,2

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 066 000	985 000	830 000	868 000
Net Income	632 000	2 037 000	1 084 000	2 469 000
Total Assets	40 540 000	40 042 000	36 659 000	32 625 000
Total Equity	30 632 000	30 266 000	28 722 000	27 899 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 066 000	985 000	830 000	868 000
Expenditure	397 000	280 000	358 000	385 000
Operating Profit	668 000	706 000	472 000	483 000
Financial Income	4 292 000	1 720 000	1 246 000	2 243 000
Financial Costs	4 127 000	284 000	546 000	179 000
Financial Balance	165 000	1 436 000	700 000	2 064 000
Earnings Before Tax	834 000	2 142 000	1 171 000	2 546 000
Tax	202 000	105 000	87 000	77 000
Net Income	632 000	2 037 000	1 084 000	2 469 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 066 000	4 031 000	2 526 000	6 202 000
Total Current Assets	19 475 000	36 011 000	34 133 000	26 422 000
Total Assets	40 540 000	40 042 000	36 659 000	32 625 000
Total Retained Equity	27 538 000	27 172 000	25 628 000	24 805 000
Total Equity	30 632 000	30 266 000	28 722 000	27 899 000
Total Long-Term Debt	8 433 000	8 731 000	7 428 000	4 587 000
Total Current Debt	1 475 000	1 046 000	509 000	139 000
Total Equity and Debt	40 540 000	40 042 000	36 659 000	32 625 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 066 000	20 000	0	0
Other Income	0	965 000	830 000	868 000
Revenue	1 066 000	985 000	830 000	868 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	97 000	96 000	62 000	62 000
Impairment	0	0	0	0
Expenditure	397 000	280 000	358 000	385 000
Operating Profit	668 000	706 000	472 000	483 000
Financial Income	4 292 000	1 720 000	1 246 000	2 243 000
Financial Costs	4 127 000	284 000	546 000	179 000
Financial Balance	165 000	1 436 000	700 000	2 064 000
Dividends	0	0	0	0
Net Income	632 000	2 037 000	1 084 000	2 469 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 934 000	4 031 000	2 526 000	2 418 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 934 000	4 031 000	2 526 000	2 418 000
Total Fiancial Fixed Assets	17 132 000	0	0	3 784 000
Total Fixed Assets	21 066 000	4 031 000	2 526 000	6 202 000
Stock	0	0	0	0
Total Investments	12 729 000	17 301 000	20 382 000	18 020 000
Cash, Bank	6 660 000	4 293 000	5 397 000	3 933 000
Total Current Assets	19 475 000	36 011 000	34 133 000	26 422 000
Total Assets	40 540 000	40 042 000	36 659 000	32 625 000
Total Equity	30 632 000	30 266 000	28 722 000	27 899 000
Short-Term Group Debt	341 000	0	0	0
Total Long-Term Debt	8 433 000	8 731 000	7 428 000	4 587 000
Creditors	14 000	4 000	103 000	52 000
Unpaid Taxes	31 000	33 000	4 000	28 000
Dividends	0	0	0	0
Other Current Debt	1 090 000	1 008 000	402 000	59 000
Total Current Debt	1 475 000	1 046 000	509 000	139 000
Total Equity and Debt	40 540 000	40 042 000	36 659 000	32 625 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,06 %	6,73 %	3,77 %	8,85 %
Debt-to-Equity Ratio	0,28	0,29	0,26	0,16
Operating Profit Margin	62,66 %	71,68 %	56,87 %	55,65 %
Current Ratio	13,2	34,43	67,06	190,09
Quick Ratio	13,2	34,43	67,06	190,09
Equity Ratio	0,76	0,76	0,78	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %