KIRKEVEIEN 53 AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

17,32 %

Current Ratio

1,87

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	925 000	918 000	819 000	942 000
Net Income	400 000	430 000	350 000	196 000
Total Assets	5 779 000	6 285 000	6 069 000	6 046 000
Total Equity	2 309 000	1 910 000	1 479 000	1 129 000

Income (NOK)	2022	2021	2020	2019
Revenue	925 000	918 000	819 000	942 000
Expenditure	251 000	232 000	192 000	448 000
Operating Profit	673 000	686 000	627 000	494 000
Financial Income	0	0	0	0
Financial Costs	147 000	122 000	178 000	218 000
Financial Balance	−147 000	−122 000	−178 000	−218 000
Earnings Before Tax	526 000	565 000	450 000	276 000
Tax	127 000	134 000	99 000	81 000
Net Income	400 000	430 000	350 000	196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 345 000	5 464 000	5 584 000	5 667 000
Total Current Assets	434 000	821 000	485 000	379 000
Total Assets	5 779 000	6 285 000	6 069 000	6 046 000
Total Retained Equity	2 207 000	1 808 000	1 377 000	1 027 000
Total Equity	2 309 000	1 910 000	1 479 000	1 129 000
Total Long-Term Debt	3 238 000	4 160 000	4 454 000	4 739 000
Total Current Debt	232 000	215 000	136 000	178 000
Total Equity and Debt	5 779 000	6 285 000	6 069 000	6 046 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	925 000	918 000	819 000	942 000
Other Income	0	0	0	0
Revenue	925 000	918 000	819 000	942 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	119 000	119 000	118 000	116 000
Impairment	0	0	0	0
Expenditure	251 000	232 000	192 000	448 000
Operating Profit	673 000	686 000	627 000	494 000
Financial Income	0	0	0	0
Financial Costs	147 000	122 000	178 000	218 000
Financial Balance	−147 000	−122 000	−178 000	−218 000
Dividends	0	0	0	0
Net Income	400 000	430 000	350 000	196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 345 000	5 464 000	5 584 000	5 667 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 345 000	5 464 000	5 584 000	5 667 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 345 000	5 464 000	5 584 000	5 667 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	345 000	743 000	461 000	316 000
Total Current Assets	434 000	821 000	485 000	379 000
Total Assets	5 779 000	6 285 000	6 069 000	6 046 000
Total Equity	2 309 000	1 910 000	1 479 000	1 129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 238 000	4 160 000	4 454 000	4 739 000
Creditors	49 000	38 000	10 000	37 000
Unpaid Taxes	29 000	28 000	17 000	21 000
Dividends	0	0	0	0
Other Current Debt	29 000	15 000	10 000	39 000
Total Current Debt	232 000	215 000	136 000	178 000
Total Equity and Debt	5 779 000	6 285 000	6 069 000	6 046 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,32 %	22,51 %	23,66 %	17,36 %
Debt-to-Equity Ratio	1,4	2,18	3,01	4,2
Operating Profit Margin	72,76 %	74,73 %	76,56 %	52,44 %
Current Ratio	1,87	3,82	3,57	2,13
Quick Ratio	1,87	3,82	3,57	2,13
Equity Ratio	0,4	0,3	0,24	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %