KUNSTNERHAGEN BORETTSLAG

5222 NESTTUN

Finances

Share Ownership

Return on Equity

−42,44 %

Current Ratio

6,15

Debt-to-Equity Ratio

−64,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	431 000	352 000	742 000	293 000
Net Income	73 000	137 000	−534 000	46 000
Total Assets	10 887 000	10 889 000	11 093 000	10 856 000
Total Equity	−172 000	−245 000	−382 000	152 000

Income (NOK)	2022	2021	2020	2019
Revenue	431 000	352 000	742 000	293 000
Expenditure	90 000	69 000	78 000	109 000
Operating Profit	163 000	206 000	−464 000	100 000
Financial Income	8 000	8 000	7 000	4 000
Financial Costs	97 000	76 000	77 000	58 000
Financial Balance	−89 000	−68 000	−70 000	−54 000
Earnings Before Tax	73 000	137 000	−534 000	46 000
Tax	0	0	0	0
Net Income	73 000	137 000	−534 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 807 000	10 807 000	10 807 000	10 807 000
Total Current Assets	80 000	82 000	287 000	49 000
Total Assets	10 887 000	10 889 000	11 093 000	10 856 000
Total Retained Equity	−202 000	−275 000	−412 000	122 000
Total Equity	−172 000	−245 000	−382 000	152 000
Total Long-Term Debt	11 046 000	11 110 000	11 179 000	10 693 000
Total Current Debt	13 000	24 000	297 000	11 000
Total Equity and Debt	10 887 000	10 889 000	11 093 000	10 856 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	431 000	352 000	682 000	292 000
Other Income	0	0	61 000	0
Revenue	431 000	352 000	742 000	293 000
Cost of Goods Sold	35 000	26 000	25 000	28 000
Salary Costs	9 000	9 000	9 000	8 000
Depreciation	0	0	0	0
Impairment	35 000	31 000	28 000	26 000
Expenditure	90 000	69 000	78 000	109 000
Operating Profit	163 000	206 000	−464 000	100 000
Financial Income	8 000	8 000	7 000	4 000
Financial Costs	97 000	76 000	77 000	58 000
Financial Balance	−89 000	−68 000	−70 000	−54 000
Dividends	0	0	0	0
Net Income	73 000	137 000	−534 000	46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 807 000	10 807 000	10 807 000	10 807 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 807 000	10 807 000	10 807 000	10 807 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 807 000	10 807 000	10 807 000	10 807 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	66 000	60 000	272 000	42 000
Total Current Assets	80 000	82 000	287 000	49 000
Total Assets	10 887 000	10 889 000	11 093 000	10 856 000
Total Equity	−172 000	−245 000	−382 000	152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 046 000	11 110 000	11 179 000	10 693 000
Creditors	7 000	5 000	286 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	18 000	11 000	6 000
Total Current Debt	13 000	24 000	297 000	11 000
Total Equity and Debt	10 887 000	10 889 000	11 093 000	10 856 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,44 %	−55,92 %	139,79 %	30,26 %
Debt-to-Equity Ratio	−64,22	−45,35	−29,26	70,35
Operating Profit Margin	37,82 %	58,52 %	−62,53 %	34,13 %
Current Ratio	6,15	3,42	0,97	4,45
Quick Ratio	6,15	3,42	0,97	4,45
Equity Ratio	−0,02	−0,02	−0,03	0,01
Gross Profit Margin	91,88 %	92,61 %	96,63 %	90,44 %