KULTURVERKSTADEN MAGASINET

5705 VOSS

Finances

Share Ownership

Return on Equity

−1,04 %

Current Ratio

6,03

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	725 000	708 000	655 000	723 000
Net Income	−20 000	−31 000	−28 000	54 000
Total Assets	3 073 000	3 179 000	3 421 000	3 527 000
Total Equity	1 917 000	1 937 000	1 968 000	1 997 000

Income (NOK)	2022	2021	2020	2019
Revenue	725 000	708 000	655 000	723 000
Expenditure	700 000	693 000	634 000	615 000
Operating Profit	25 000	15 000	22 000	107 000
Financial Income	1 000	0	0	1 000
Financial Costs	45 000	47 000	51 000	54 000
Financial Balance	−44 000	−47 000	−51 000	−53 000
Earnings Before Tax	−20 000	−31 000	−28 000	54 000
Tax	0	0	0	0
Net Income	−20 000	−31 000	−28 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 488 000	2 713 000	2 939 000	3 070 000
Total Current Assets	585 000	466 000	482 000	457 000
Total Assets	3 073 000	3 179 000	3 421 000	3 527 000
Total Retained Equity	647 000	667 000	698 000	727 000
Total Equity	1 917 000	1 937 000	1 968 000	1 997 000
Total Long-Term Debt	1 058 000	1 198 000	1 333 000	1 480 000
Total Current Debt	97 000	45 000	119 000	50 000
Total Equity and Debt	3 073 000	3 179 000	3 421 000	3 527 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 000	0	0	0
Other Income	709 000	708 000	655 000	723 000
Revenue	725 000	708 000	655 000	723 000
Cost of Goods Sold	0	0	0	0
Salary Costs	124 000	18 000	137 000	126 000
Depreciation	225 000	226 000	227 000	217 000
Impairment	0	0	0	0
Expenditure	700 000	693 000	634 000	615 000
Operating Profit	25 000	15 000	22 000	107 000
Financial Income	1 000	0	0	1 000
Financial Costs	45 000	47 000	51 000	54 000
Financial Balance	−44 000	−47 000	−51 000	−53 000
Dividends	0	0	0	0
Net Income	−20 000	−31 000	−28 000	54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 488 000	2 713 000	2 939 000	3 070 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 488 000	2 713 000	2 939 000	3 070 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 488 000	2 713 000	2 939 000	3 070 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	482 000	387 000	404 000	445 000
Total Current Assets	585 000	466 000	482 000	457 000
Total Assets	3 073 000	3 179 000	3 421 000	3 527 000
Total Equity	1 917 000	1 937 000	1 968 000	1 997 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 058 000	1 198 000	1 333 000	1 480 000
Creditors	33 000	4 000	16 000	21 000
Unpaid Taxes	8 000	5 000	9 000	8 000
Dividends	0	0	0	0
Other Current Debt	57 000	35 000	93 000	21 000
Total Current Debt	97 000	45 000	119 000	50 000
Total Equity and Debt	3 073 000	3 179 000	3 421 000	3 527 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,04 %	−1,6 %	−1,42 %	2,7 %
Debt-to-Equity Ratio	0,55	0,62	0,68	0,74
Operating Profit Margin	3,45 %	2,12 %	3,36 %	14,8 %
Current Ratio	6,03	10,36	4,05	9,14
Quick Ratio	6,03	10,36	4,05	9,14
Equity Ratio	0,62	0,61	0,58	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %