KIRKBAK HOLDING AS

7058 CHARLOTTENLUND

Finances

Return on Equity

−8,42 %

Current Ratio

3,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	209 000	196 000	396 000	824 000
Net Income	−2 054 000	963 000	22 887 000	374 000
Total Assets	27 504 000	29 386 000	27 487 000	4 154 000
Total Equity	24 392 000	26 446 000	25 484 000	2 597 000

Income (NOK)	2022	2021	2020	2019
Revenue	209 000	196 000	396 000	824 000
Expenditure	203 000	184 000	122 000	138 000
Operating Profit	6 000	12 000	274 000	685 000
Financial Income	1 096 000	1 643 000	22 872 000	219 000
Financial Costs	3 104 000	479 000	126 000	341 000
Financial Balance	−2 008 000	1 164 000	22 746 000	−122 000
Earnings Before Tax	−2 003 000	1 176 000	23 020 000	564 000
Tax	51 000	214 000	133 000	189 000
Net Income	−2 054 000	963 000	22 887 000	374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 639 000	28 293 000	2 766 000	783 000
Total Current Assets	11 866 000	1 093 000	24 721 000	3 372 000
Total Assets	27 504 000	29 386 000	27 487 000	4 154 000
Total Retained Equity	24 289 000	26 343 000	25 381 000	2 494 000
Total Equity	24 392 000	26 446 000	25 484 000	2 597 000
Total Long-Term Debt	117 000	103 000	176 000	0
Total Current Debt	2 995 000	2 837 000	1 827 000	1 558 000
Total Equity and Debt	27 504 000	29 386 000	27 487 000	4 154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	209 000	196 000	396 000	824 000
Other Income	0	0	0	0
Revenue	209 000	196 000	396 000	824 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	2 000	85 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	203 000	184 000	122 000	138 000
Operating Profit	6 000	12 000	274 000	685 000
Financial Income	1 096 000	1 643 000	22 872 000	219 000
Financial Costs	3 104 000	479 000	126 000	341 000
Financial Balance	−2 008 000	1 164 000	22 746 000	−122 000
Dividends	0	0	0	0
Net Income	−2 054 000	963 000	22 887 000	374 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	15 639 000	28 293 000	2 766 000	783 000
Total Fixed Assets	15 639 000	28 293 000	2 766 000	783 000
Stock	137 000	0	0	0
Total Investments	10 187 000	0	0	0
Cash, Bank	497 000	35 000	29 000	0
Total Current Assets	11 866 000	1 093 000	24 721 000	3 372 000
Total Assets	27 504 000	29 386 000	27 487 000	4 154 000
Total Equity	24 392 000	26 446 000	25 484 000	2 597 000
Short-Term Group Debt	567 000	762 000	1 492 000	941 000
Total Long-Term Debt	117 000	103 000	176 000	0
Creditors	25 000	8 000	4 000	3 000
Unpaid Taxes	6 000	7 000	7 000	14 000
Dividends	0	0	0	0
Other Current Debt	2 346 000	1 846 000	191 000	411 000
Total Current Debt	2 995 000	2 837 000	1 827 000	1 558 000
Total Equity and Debt	27 504 000	29 386 000	27 487 000	4 154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,42 %	3,64 %	89,81 %	14,4 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	2,87 %	6,12 %	69,19 %	83,13 %
Current Ratio	3,96	0,39	13,53	2,16
Quick Ratio	4,15	0,39	13,53	2,16
Equity Ratio	0,89	0,9	0,93	0,63
Gross Profit Margin	100 %	100 %	100 %	99,88 %