KICKSTAND EIENDOM AS

4280 SKUDENESHAVN

Finances

Share Ownership

Return on Equity

43,87 %

Current Ratio

1,02

Debt-to-Equity Ratio

3,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 081 000	867 000	493 000	296 000
Net Income	308 000	132 000	175 000	107 000
Total Assets	3 463 000	3 271 000	3 232 000	3 627 000
Total Equity	702 000	394 000	177 000	87 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 081 000	867 000	493 000	296 000
Expenditure	663 000	643 000	196 000	40 000
Operating Profit	418 000	225 000	297 000	255 000
Financial Income	0	0	0	0
Financial Costs	110 000	92 000	122 000	148 000
Financial Balance	−110 000	−92 000	−122 000	−148 000
Earnings Before Tax	308 000	132 000	175 000	107 000
Tax	0	0	0	0
Net Income	308 000	132 000	175 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 200 000	3 200 000	3 200 000	3 591 000
Total Current Assets	263 000	71 000	32 000	36 000
Total Assets	3 463 000	3 271 000	3 232 000	3 627 000
Total Retained Equity	−328 000	−636 000	−853 000	−943 000
Total Equity	702 000	394 000	177 000	87 000
Total Long-Term Debt	2 502 000	2 630 000	2 716 000	2 789 000
Total Current Debt	259 000	247 000	339 000	751 000
Total Equity and Debt	3 463 000	3 271 000	3 232 000	3 627 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 081 000	867 000	493 000	0
Other Income	0	0	0	296 000
Revenue	1 081 000	867 000	493 000	296 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	663 000	643 000	196 000	40 000
Operating Profit	418 000	225 000	297 000	255 000
Financial Income	0	0	0	0
Financial Costs	110 000	92 000	122 000	148 000
Financial Balance	−110 000	−92 000	−122 000	−148 000
Dividends	0	0	0	0
Net Income	308 000	132 000	175 000	107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 200 000	3 200 000	3 200 000	3 591 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 200 000	3 200 000	3 200 000	3 591 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 200 000	3 200 000	3 200 000	3 591 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	263 000	71 000	32 000	36 000
Total Current Assets	263 000	71 000	32 000	36 000
Total Assets	3 463 000	3 271 000	3 232 000	3 627 000
Total Equity	702 000	394 000	177 000	87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 502 000	2 630 000	2 716 000	2 789 000
Creditors	34 000	22 000	64 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	225 000	225 000	275 000	751 000
Total Current Debt	259 000	247 000	339 000	751 000
Total Equity and Debt	3 463 000	3 271 000	3 232 000	3 627 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,87 %	33,5 %	98,87 %	122,99 %
Debt-to-Equity Ratio	3,56	6,68	15,34	32,06
Operating Profit Margin	38,67 %	25,95 %	60,24 %	86,15 %
Current Ratio	1,02	0,29	0,09	0,05
Quick Ratio	1,02	0,29	0,09	0,05
Equity Ratio	0,2	0,12	0,05	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %