KJELLEVEIEN 23 AS

3920 PORSGRUNN

Finances

Share Ownership

Return on Equity

3,37 %

Current Ratio

16,21

Debt-to-Equity Ratio

−1,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	449 000	309 000	449 000	553 000
Net Income	−287 000	−735 000	−2 687 000	−191 000
Total Assets	7 773 000	7 415 000	7 740 000	9 613 000
Total Equity	−8 515 000	−8 228 000	−7 493 000	−4 806 000

Income (NOK)	2022	2021	2020	2019
Revenue	449 000	309 000	449 000	553 000
Expenditure	104 000	73 000	2 736 000	254 000
Operating Profit	345 000	235 000	−2 286 000	299 000
Financial Income	4 000	3 000	0	0
Financial Costs	636 000	973 000	401 000	490 000
Financial Balance	−632 000	−970 000	−401 000	−490 000
Earnings Before Tax	−287 000	−735 000	−2 687 000	−191 000
Tax	0	0	0	0
Net Income	−287 000	−735 000	−2 687 000	−191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 239 000	7 239 000	5 190 000	5 190 000
Total Current Assets	535 000	176 000	2 550 000	4 423 000
Total Assets	7 773 000	7 415 000	7 740 000	9 613 000
Total Retained Equity	−8 748 000	−8 461 000	−7 726 000	−5 039 000
Total Equity	−8 515 000	−8 228 000	−7 493 000	−4 806 000
Total Long-Term Debt	16 256 000	15 622 000	0	14 299 000
Total Current Debt	33 000	22 000	15 233 000	120 000
Total Equity and Debt	7 773 000	7 415 000	7 740 000	9 613 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	449 000	309 000	374 000	553 000
Other Income	0	0	75 000	0
Revenue	449 000	309 000	449 000	553 000
Cost of Goods Sold	0	0	3 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	104 000	73 000	2 736 000	254 000
Operating Profit	345 000	235 000	−2 286 000	299 000
Financial Income	4 000	3 000	0	0
Financial Costs	636 000	973 000	401 000	490 000
Financial Balance	−632 000	−970 000	−401 000	−490 000
Dividends	0	0	0	0
Net Income	−287 000	−735 000	−2 687 000	−191 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 239 000	7 239 000	5 190 000	5 190 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 239 000	7 239 000	5 190 000	5 190 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 239 000	7 239 000	5 190 000	5 190 000
Stock	0	0	2 049 000	4 300 000
Total Investments	0	0	0	0
Cash, Bank	0	151 000	479 000	123 000
Total Current Assets	535 000	176 000	2 550 000	4 423 000
Total Assets	7 773 000	7 415 000	7 740 000	9 613 000
Total Equity	−8 515 000	−8 228 000	−7 493 000	−4 806 000
Short-Term Group Debt	0	0	15 199 000	0
Total Long-Term Debt	16 256 000	15 622 000	0	14 299 000
Creditors	15 000	1 000	0	17 000
Unpaid Taxes	18 000	21 000	16 000	25 000
Dividends	0	0	0	0
Other Current Debt	0	0	17 000	78 000
Total Current Debt	33 000	22 000	15 233 000	120 000
Total Equity and Debt	7 773 000	7 415 000	7 740 000	9 613 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,37 %	8,93 %	35,86 %	3,97 %
Debt-to-Equity Ratio	−1,91	−1,9	−0	−2,98
Operating Profit Margin	76,84 %	76,05 %	−509,13 %	54,07 %
Current Ratio	16,21	8	0,17	36,86
Quick Ratio	16,21	8	0,19	−1,06
Equity Ratio	−1,1	−1,11	−0,97	−0,5
Gross Profit Margin	100 %	100 %	99,33 %	100 %