FORRETNINGSGARDEN KIRKEVANGEN AS

5700 VOSS

Finances

Share Ownership

Return on Equity

8,03 %

Current Ratio

10,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	804 000	713 000	699 000	647 000
Net Income	178 000	188 000	274 000	−288 000
Total Assets	2 323 000	2 147 000	1 910 000	1 874 000
Total Equity	2 216 000	2 038 000	1 850 000	1 576 000

Income (NOK)	2022	2021	2020	2019
Revenue	804 000	713 000	699 000	647 000
Expenditure	574 000	472 000	428 000	938 000
Operating Profit	230 000	241 000	271 000	−291 000
Financial Income	0	0	8 000	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	8 000	3 000
Earnings Before Tax	230 000	241 000	279 000	−288 000
Tax	52 000	53 000	5 000	0
Net Income	178 000	188 000	274 000	−288 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 160 000	1 189 000	1 221 000	1 254 000
Total Current Assets	1 163 000	959 000	689 000	620 000
Total Assets	2 323 000	2 147 000	1 910 000	1 874 000
Total Retained Equity	2 016 000	1 838 000	1 650 000	1 376 000
Total Equity	2 216 000	2 038 000	1 850 000	1 576 000
Total Long-Term Debt	0	0	0	261 000
Total Current Debt	106 000	109 000	60 000	37 000
Total Equity and Debt	2 323 000	2 147 000	1 910 000	1 874 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	804 000	713 000	699 000	647 000
Revenue	804 000	713 000	699 000	647 000
Cost of Goods Sold	0	0	0	0
Salary Costs	250 000	190 000	218 000	205 000
Depreciation	29 000	33 000	33 000	33 000
Impairment	0	0	0	0
Expenditure	574 000	472 000	428 000	938 000
Operating Profit	230 000	241 000	271 000	−291 000
Financial Income	0	0	8 000	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	8 000	3 000
Dividends	0	0	0	0
Net Income	178 000	188 000	274 000	−288 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 157 000	1 181 000	1 205 000	1 229 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	8 000	16 000	25 000
Total Tangible Assets	1 160 000	1 189 000	1 221 000	1 254 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 160 000	1 189 000	1 221 000	1 254 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	212 000	161 000	344 000	608 000
Total Current Assets	1 163 000	959 000	689 000	620 000
Total Assets	2 323 000	2 147 000	1 910 000	1 874 000
Total Equity	2 216 000	2 038 000	1 850 000	1 576 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	261 000
Creditors	1 000	23 000	1 000	1 000
Unpaid Taxes	25 000	10 000	16 000	15 000
Dividends	0	0	0	0
Other Current Debt	29 000	23 000	38 000	21 000
Total Current Debt	106 000	109 000	60 000	37 000
Total Equity and Debt	2 323 000	2 147 000	1 910 000	1 874 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,03 %	9,22 %	14,81 %	−18,27 %
Debt-to-Equity Ratio	0	0	0	0,17
Operating Profit Margin	28,61 %	33,8 %	38,77 %	−44,98 %
Current Ratio	10,97	8,8	11,48	16,76
Quick Ratio	10,97	8,8	11,48	16,76
Equity Ratio	0,95	0,95	0,97	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %