NARVIK KULTURHUS AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

13,3 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 933 000	9 222 000	7 981 000	11 302 000
Net Income	168 000	298 000	271 000	197 000
Total Assets	2 934 000	2 295 000	1 749 000	1 971 000
Total Equity	1 263 000	1 094 000	796 000	524 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 933 000	9 222 000	7 981 000	11 302 000
Expenditure	8 772 000	8 922 000	7 710 000	11 108 000
Operating Profit	161 000	300 000	270 000	193 000
Financial Income	8 000	0	2 000	6 000
Financial Costs	1 000	1 000	1 000	3 000
Financial Balance	7 000	−1 000	1 000	3 000
Earnings Before Tax	168 000	298 000	271 000	197 000
Tax	0	0	0	0
Net Income	168 000	298 000	271 000	197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	235 000	106 000	40 000	29 000
Total Current Assets	2 699 000	2 189 000	1 709 000	1 942 000
Total Assets	2 934 000	2 295 000	1 749 000	1 971 000
Total Retained Equity	1 163 000	994 000	696 000	424 000
Total Equity	1 263 000	1 094 000	796 000	524 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 671 000	1 201 000	953 000	1 446 000
Total Equity and Debt	2 934 000	2 295 000	1 749 000	1 971 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	758 000	328 000	325 000	779 000
Other Income	8 175 000	8 894 000	7 656 000	10 523 000
Revenue	8 933 000	9 222 000	7 981 000	11 302 000
Cost of Goods Sold	239 000	141 000	124 000	345 000
Salary Costs	2 783 000	4 179 000	3 434 000	3 678 000
Depreciation	33 000	15 000	11 000	10 000
Impairment	0	0	0	0
Expenditure	8 772 000	8 922 000	7 710 000	11 108 000
Operating Profit	161 000	300 000	270 000	193 000
Financial Income	8 000	0	2 000	6 000
Financial Costs	1 000	1 000	1 000	3 000
Financial Balance	7 000	−1 000	1 000	3 000
Dividends	0	0	0	0
Net Income	168 000	298 000	271 000	197 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	235 000	106 000	40 000	29 000
Total Tangible Assets	235 000	106 000	40 000	29 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	235 000	106 000	40 000	29 000
Stock	51 000	57 000	28 000	25 000
Total Investments	0	0	0	0
Cash, Bank	1 914 000	1 901 000	1 455 000	1 552 000
Total Current Assets	2 699 000	2 189 000	1 709 000	1 942 000
Total Assets	2 934 000	2 295 000	1 749 000	1 971 000
Total Equity	1 263 000	1 094 000	796 000	524 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	581 000	227 000	278 000	840 000
Unpaid Taxes	322 000	232 000	216 000	219 000
Dividends	0	0	0	0
Other Current Debt	768 000	743 000	459 000	387 000
Total Current Debt	1 671 000	1 201 000	953 000	1 446 000
Total Equity and Debt	2 934 000	2 295 000	1 749 000	1 971 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,3 %	27,24 %	34,05 %	37,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,8 %	3,25 %	3,38 %	1,71 %
Current Ratio	1,62	1,82	1,79	1,34
Quick Ratio	1,67	1,91	1,85	1,37
Equity Ratio	0,43	0,48	0,46	0,27
Gross Profit Margin	97,32 %	98,47 %	98,45 %	96,95 %