KULTURAVDELINGEN AS

4340 BRYNE

Finances

Share Ownership

Return on Equity

43,23 %

Current Ratio

2,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 733 000	1 298 000	721 000	955 000
Net Income	166 000	112 000	−74 000	17 000
Total Assets	531 000	290 000	422 000	658 000
Total Equity	384 000	218 000	106 000	181 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 733 000	1 298 000	721 000	955 000
Expenditure	1 525 000	1 174 000	796 000	929 000
Operating Profit	209 000	125 000	−74 000	26 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	1 000	0	0	−2 000
Earnings Before Tax	210 000	125 000	−74 000	23 000
Tax	44 000	13 000	0	6 000
Net Income	166 000	112 000	−74 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	62 000	5 000	20 000
Total Current Assets	424 000	228 000	417 000	638 000
Total Assets	531 000	290 000	422 000	658 000
Total Retained Equity	354 000	188 000	76 000	151 000
Total Equity	384 000	218 000	106 000	181 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	147 000	72 000	315 000	477 000
Total Equity and Debt	531 000	290 000	422 000	658 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 731 000	1 136 000	357 000	946 000
Other Income	2 000	162 000	364 000	9 000
Revenue	1 733 000	1 298 000	721 000	955 000
Cost of Goods Sold	457 000	808 000	173 000	384 000
Salary Costs	0	4 000	64 000	3 000
Depreciation	26 000	16 000	15 000	10 000
Impairment	0	0	0	0
Expenditure	1 525 000	1 174 000	796 000	929 000
Operating Profit	209 000	125 000	−74 000	26 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	1 000	0	0	−2 000
Dividends	0	0	0	0
Net Income	166 000	112 000	−74 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	32 000	0	0	0
Fixtures	74 000	62 000	5 000	20 000
Total Tangible Assets	106 000	62 000	5 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	107 000	62 000	5 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	419 000	228 000	417 000	638 000
Total Current Assets	424 000	228 000	417 000	638 000
Total Assets	531 000	290 000	422 000	658 000
Total Equity	384 000	218 000	106 000	181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	82 000	27 000	−2 000	27 000
Unpaid Taxes	7 000	14 000	11 000	51 000
Dividends	0	0	0	0
Other Current Debt	13 000	3 000	307 000	394 000
Total Current Debt	147 000	72 000	315 000	477 000
Total Equity and Debt	531 000	290 000	422 000	658 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,23 %	51,38 %	−69,81 %	9,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,06 %	9,63 %	−10,26 %	2,72 %
Current Ratio	2,88	3,17	1,32	1,34
Quick Ratio	2,88	3,17	1,32	1,34
Equity Ratio	0,72	0,75	0,25	0,28
Gross Profit Margin	73,63 %	37,75 %	76,01 %	59,79 %