KMC Properties ASA
ISIN
NO0010360175
Ticker
KMCP
Sector
Sub-Industry
Country
Norway
Year Founded
2007
ISIN
NO0010360175
Ticker
KMCP
Sector
Sub-Industry
Country
Norway
Year Founded
2007
The preferred real estate partner for logistic and industrial companies
KMC Properties is an Oslo Børs listed real estate company focusing on industrial- and logistic properties. The company has a diversified portfolio of properties in the Nordics and the Netherlands. The properties are strategically located and have long lease agreements with solid tenants.
KMC Properties is focusing on the high-yield segment. The majority of the company’s rental agreements, both existing and potential, are long-term triple net bare house contracts resulting in low operational expenses and a solid operational cash flow. A large share of the company’s gross asset value is related to a contractual cash flow. As the properties are at very strategic locations for the tenants, contract extensions are likely and will have a positive value adjustment potential.
Europe
| Line item in (nok) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 3,294,576,000.00 | 4,333,000,000.00 | 5,781,000,000.00 |
| Noncurrent Assets | N/A | 3,098,132,000.00 | 4,074,000,000.00 | 5,580,000,000.00 |
| Investment Property | N/A | 3,089,750,000.00 | 3,982,000,000.00 | 5,366,000,000.00 |
| Noncurrent Derivative Financial Assets | N/A | 8,175,000.00 | 68,000,000.00 | 180,000,000.00 |
| Other Noncurrent Assets | N/A | 207,000.00 | 5,000,000.00 | 16,000,000.00 |
| Current Assets | N/A | 196,444,000.00 | 259,000,000.00 | 200,000,000.00 |
| Current Trade Receivables | N/A | 36,418,000.00 | 24,000,000.00 | 7,000,000.00 |
| Cash and cash equivalents | 0.00 | 125,000,000.00 | 208,000,000.00 | 187,000,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | N/A | N/A | 0.00 | 0.00 |
| Other Current Assets | N/A | N/A | 27,000,000.00 | 7,000,000.00 |
| Equity And Liabilities | N/A | 3,294,576,000.00 | 4,333,000,000.00 | 5,781,000,000.00 |
| Equity | N/A | 1,243,000,000.00 | 1,836,000,000.00 | 2,377,000,000.00 |
| Issued Capital | N/A | 48,153,000.00 | 56,000,000.00 | 65,000,000.00 |
| Retained Earnings | N/A | 312,631,000.00 | 617,000,000.00 | 781,000,000.00 |
| Share Premium | N/A | 892,397,000.00 | 1,196,000,000.00 | 1,512,000,000.00 |
| Liabilities | N/A | 2,051,454,000.00 | 2,497,000,000.00 | 3,404,000,000.00 |
| Noncurrent Liabilities | N/A | 1,908,953,000.00 | 2,436,000,000.00 | 1,420,000,000.00 |
| Deferred Tax Liabilities | N/A | 49,965,000.00 | 132,000,000.00 | 163,000,000.00 |
| Other Noncurrent Liabilities | N/A | 26,643,000.00 | 10,000,000.00 | 20,000,000.00 |
| Longterm Borrowings | N/A | N/A | 2,275,000,000.00 | 1,217,000,000.00 |
| Noncurrent Portion Of Noncurrent Loans Received | N/A | 1,832,345,000.00 | 2,275,035,000.00 | N/A |
| Current Liabilities | N/A | 142,501,000.00 | 61,000,000.00 | 1,984,000,000.00 |
| Trade And Other Current Payables To Trade Suppliers | N/A | 36,404,000.00 | 24,000,000.00 | 37,000,000.00 |
| Current Tax Liabilities Current | N/A | 5,232,000.00 | 3,000,000.00 | 0.00 |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | N/A | 0.00 | 0.00 |
| Other Current Liabilities | N/A | 100,865,000.00 | 34,000,000.00 | 41,000,000.00 |
| Line item in (nok) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Employee Benefits Expense | 1,871,000.00 | 22,536,000.00 | N/A |
| Other Expense By Nature | 16,663,000.00 | 44,240,000.00 | N/A |
| Profit Loss From Operating Activities | 435,014,000.00 | 457,989,000.00 | N/A |
| Finance Income | 275,000.00 | 6,929,000.00 | N/A |
| Finance Costs | 22,388,000.00 | 99,433,000.00 | N/A |
| Profit Loss Before Tax | 406,941,000.00 | 380,000,000.00 | 282,000,000.00 |
| Income Tax Expense Continuing Operations | 94,310,000.00 | 77,423,000.00 | N/A |
| Profit Loss From Continuing Operations | N/A | 303,000,000.00 | 244,000,000.00 |
| Profit Loss From Discontinued Operations | N/A | 2,000,000.00 | -81,000,000.00 |
| Profit (loss) | 312,631,000.00 | 305,000,000.00 | 163,000,000.00 |
| Profit Loss Attributable To Owners Of Parent | 312,631,000.00 | 305,000,000.00 | 163,000,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 0.00 | 0.00 | 0.00 |
| Line item in (nok) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | 312,631,000.00 | 305,000,000.00 | 163,000,000.00 |
| Other Adjustments For Noncash Items | N/A | N/A | 0.00 | 4,000,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 25,046,000.00 | 78,000,000.00 | 279,000,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 1,051,956,000.00 | 0.00 | N/A |
| Interest Received Classified As Investing Activities | N/A | N/A | 0.00 | 3,000,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -1,051,956,000.00 | -660,000,000.00 | -1,356,000,000.00 |
| Proceeds From Issuing Shares | N/A | 259,993,000.00 | 326,000,000.00 | 324,000,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 1,850,000,000.00 | 439,000,000.00 | 866,000,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 923,345,000.00 | 3,000,000.00 | 19,000,000.00 |
| Interest Paid Classified As Financing Activities | N/A | 17,103,000.00 | 87,000,000.00 | 126,000,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 1,151,890,000.00 | 665,000,000.00 | 1,053,000,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 135,000.00 | 0.00 | 3,000,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 125,116,000.00 | 82,000,000.00 | -21,000,000.00 |
| Cash and cash equivalents | 0.00 | 125,000,000.00 | 208,000,000.00 | 187,000,000.00 |
Please note that some sums might not add up.
NO0010360175
5967007LIEEXZX8NJK85
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