M12 KULTUR AS

5336 TJELDSTØ

Finances

Share Ownership

Return on Equity

4 783,33 %

Current Ratio

0,98

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020
Revenue	6 238 000	10 202 000	7 066 000
Net Income	2 009 000	1 995 000	2 189 000
Total Assets	3 055 000	3 330 000	3 827 000
Total Equity	42 000	30 000	30 000

Income (NOK)	2022	2021	2020
Revenue	6 238 000	10 202 000	7 066 000
Expenditure	3 606 000	7 639 000	4 259 000
Operating Profit	2 631 000	2 562 000	2 807 000
Financial Income	0	2 000	1 000
Financial Costs	55 000	7 000	2 000
Financial Balance	−55 000	−5 000	−1 000
Earnings Before Tax	2 576 000	2 557 000	2 806 000
Tax	567 000	563 000	617 000
Net Income	2 009 000	1 995 000	2 189 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	121 000	0	0
Total Current Assets	2 935 000	3 330 000	3 827 000
Total Assets	3 055 000	3 330 000	3 827 000
Total Retained Equity	12 000	0	0
Total Equity	42 000	30 000	30 000
Total Long-Term Debt	4 000	0	0
Total Current Debt	3 010 000	3 300 000	3 797 000
Total Equity and Debt	3 055 000	3 330 000	3 827 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 238 000	9 498 000	7 066 000
Other Income	0	703 000	0
Revenue	6 238 000	10 202 000	7 066 000
Cost of Goods Sold	445 000	2 729 000	1 845 000
Salary Costs	2 076 000	4 196 000	1 912 000
Depreciation	29 000	0	0
Impairment	0	0	0
Expenditure	3 606 000	7 639 000	4 259 000
Operating Profit	2 631 000	2 562 000	2 807 000
Financial Income	0	2 000	1 000
Financial Costs	55 000	7 000	2 000
Financial Balance	−55 000	−5 000	−1 000
Dividends	0	0	0
Net Income	2 009 000	1 995 000	2 189 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	121 000	0	0
Total Tangible Assets	121 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	121 000	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	143 000	182 000	145 000
Total Current Assets	2 935 000	3 330 000	3 827 000
Total Assets	3 055 000	3 330 000	3 827 000
Total Equity	42 000	30 000	30 000
Short-Term Group Debt	2 560 000	2 557 000	2 806 000
Total Long-Term Debt	4 000	0	0
Creditors	106 000	28 000	325 000
Unpaid Taxes	107 000	253 000	185 000
Dividends	0	0	0
Other Current Debt	236 000	462 000	481 000
Total Current Debt	3 010 000	3 300 000	3 797 000
Total Equity and Debt	3 055 000	3 330 000	3 827 000

Financial indicators	2022	2021	2020
Return on Equity	4 783,33 %	6 650 %	7 296,67 %
Debt-to-Equity Ratio	0,1	0	0
Operating Profit Margin	42,18 %	25,11 %	39,73 %
Current Ratio	0,98	1,01	1,01
Quick Ratio	0,98	1,01	1,01
Equity Ratio	0,01	0,01	0,01
Gross Profit Margin	92,87 %	73,25 %	73,89 %