KULTIVATOR AS

2680 VÅGÅ

Finances

Return on Equity

−28,07 %

Current Ratio

4,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 676 000	2 248 000	1 963 000	2 005 000
Net Income	−331 000	574 000	211 000	226 000
Total Assets	1 373 000	1 783 000	1 286 000	1 066 000
Total Equity	1 179 000	1 510 000	936 000	825 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 676 000	2 248 000	1 963 000	2 005 000
Expenditure	2 100 000	1 512 000	1 693 000	1 715 000
Operating Profit	−424 000	736 000	270 000	290 000
Financial Income	0	0	0	2 000
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	1 000
Earnings Before Tax	−425 000	736 000	270 000	291 000
Tax	−93 000	162 000	59 000	65 000
Net Income	−331 000	574 000	211 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	411 000	335 000	352 000	311 000
Total Current Assets	962 000	1 448 000	934 000	755 000
Total Assets	1 373 000	1 783 000	1 286 000	1 066 000
Total Retained Equity	1 129 000	1 460 000	886 000	775 000
Total Equity	1 179 000	1 510 000	936 000	825 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	194 000	273 000	350 000	241 000
Total Equity and Debt	1 373 000	1 783 000	1 286 000	1 066 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 555 000	1 729 000	1 475 000	1 619 000
Other Income	121 000	520 000	488 000	386 000
Revenue	1 676 000	2 248 000	1 963 000	2 005 000
Cost of Goods Sold	240 000	261 000	409 000	634 000
Salary Costs	1 140 000	676 000	790 000	473 000
Depreciation	17 000	18 000	18 000	15 000
Impairment	0	0	0	0
Expenditure	2 100 000	1 512 000	1 693 000	1 715 000
Operating Profit	−424 000	736 000	270 000	290 000
Financial Income	0	0	0	2 000
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	1 000
Dividends	0	0	100 000	0
Net Income	−331 000	574 000	211 000	226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	95 000	2 000	1 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	286 000	303 000	322 000	280 000
Total Tangible Assets	286 000	303 000	322 000	280 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	411 000	335 000	352 000	311 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	815 000	1 339 000	864 000	717 000
Total Current Assets	962 000	1 448 000	934 000	755 000
Total Assets	1 373 000	1 783 000	1 286 000	1 066 000
Total Equity	1 179 000	1 510 000	936 000	825 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	26 000	22 000	31 000	19 000
Unpaid Taxes	55 000	33 000	32 000	29 000
Dividends	0	0	100 000	0
Other Current Debt	113 000	56 000	127 000	128 000
Total Current Debt	194 000	273 000	350 000	241 000
Total Equity and Debt	1 373 000	1 783 000	1 286 000	1 066 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,07 %	38,01 %	22,54 %	27,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−25,3 %	32,74 %	13,75 %	14,46 %
Current Ratio	4,96	5,3	2,67	3,13
Quick Ratio	4,96	5,3	2,67	3,13
Equity Ratio	0,86	0,85	0,73	0,77
Gross Profit Margin	85,68 %	88,39 %	79,16 %	68,38 %