KIRKEGATA 15 AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

2,18 %

Current Ratio

1,67

Debt-to-Equity Ratio

0,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	929 000	947 000	889 000	957 000
Net Income	150 000	205 000	176 000	186 000
Total Assets	13 912 000	14 196 000	14 222 000	14 467 000
Total Equity	6 878 000	6 728 000	6 523 000	6 348 000

Income (NOK)	2022	2021	2020	2019
Revenue	929 000	947 000	889 000	957 000
Expenditure	503 000	519 000	439 000	435 000
Operating Profit	426 000	428 000	450 000	523 000
Financial Income	0	0	0	0
Financial Costs	233 000	166 000	225 000	284 000
Financial Balance	−233 000	−166 000	−225 000	−284 000
Earnings Before Tax	193 000	262 000	225 000	239 000
Tax	42 000	58 000	50 000	53 000
Net Income	150 000	205 000	176 000	186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 519 000	13 787 000	14 055 000	14 323 000
Total Current Assets	393 000	409 000	167 000	144 000
Total Assets	13 912 000	14 196 000	14 222 000	14 467 000
Total Retained Equity	1 888 000	1 738 000	1 533 000	1 358 000
Total Equity	6 878 000	6 728 000	6 523 000	6 348 000
Total Long-Term Debt	6 800 000	7 225 000	7 486 000	7 932 000
Total Current Debt	235 000	244 000	212 000	188 000
Total Equity and Debt	13 912 000	14 196 000	14 222 000	14 467 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	929 000	947 000	889 000	957 000
Other Income	0	0	0	0
Revenue	929 000	947 000	889 000	957 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	268 000	268 000	268 000	268 000
Impairment	0	0	0	0
Expenditure	503 000	519 000	439 000	435 000
Operating Profit	426 000	428 000	450 000	523 000
Financial Income	0	0	0	0
Financial Costs	233 000	166 000	225 000	284 000
Financial Balance	−233 000	−166 000	−225 000	−284 000
Dividends	0	0	0	0
Net Income	150 000	205 000	176 000	186 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 519 000	13 787 000	14 055 000	14 323 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 519 000	13 787 000	14 055 000	14 323 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 519 000	13 787 000	14 055 000	14 323 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	293 000	306 000	33 000	41 000
Total Current Assets	393 000	409 000	167 000	144 000
Total Assets	13 912 000	14 196 000	14 222 000	14 467 000
Total Equity	6 878 000	6 728 000	6 523 000	6 348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 800 000	7 225 000	7 486 000	7 932 000
Creditors	63 000	63 000	11 000	40 000
Unpaid Taxes	19 000	18 000	24 000	19 000
Dividends	0	0	0	0
Other Current Debt	114 000	105 000	134 000	87 000
Total Current Debt	235 000	244 000	212 000	188 000
Total Equity and Debt	13 912 000	14 196 000	14 222 000	14 467 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,18 %	3,05 %	2,7 %	2,93 %
Debt-to-Equity Ratio	0,99	1,07	1,15	1,25
Operating Profit Margin	45,86 %	45,2 %	50,62 %	54,65 %
Current Ratio	1,67	1,68	0,79	0,77
Quick Ratio	1,67	1,68	0,79	0,77
Equity Ratio	0,49	0,47	0,46	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %