KULTURINVEST HALDEN AS

1776 HALDEN

Finances

Share Ownership

Return on Equity

3,67 %

Current Ratio

9,88

Debt-to-Equity Ratio

2,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	599 000	0	0	269 000
Net Income	110 000	−29 000	−47 000	−95 000
Total Assets	10 508 000	272 000	883 000	366 000
Total Equity	2 995 000	85 000	−156 000	−110 000

Income (NOK)	2022	2021	2020	2019
Revenue	599 000	0	0	269 000
Expenditure	412 000	29 000	46 000	362 000
Operating Profit	186 000	−29 000	−46 000	−94 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	186 000	−29 000	−47 000	−95 000
Tax	75 000	0	0	0
Net Income	110 000	−29 000	−47 000	−95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	503 000	0	0	20 000
Total Current Assets	10 005 000	272 000	883 000	346 000
Total Assets	10 508 000	272 000	883 000	366 000
Total Retained Equity	−99 000	−210 000	−181 000	−134 000
Total Equity	2 995 000	85 000	−156 000	−110 000
Total Long-Term Debt	6 500 000	0	0	0
Total Current Debt	1 013 000	187 000	1 040 000	476 000
Total Equity and Debt	10 508 000	272 000	883 000	366 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	591 000	0	0	269 000
Other Income	8 000	0	0	0
Revenue	599 000	0	0	269 000
Cost of Goods Sold	30 000	0	0	317 000
Salary Costs	0	0	0	0
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	412 000	29 000	46 000	362 000
Operating Profit	186 000	−29 000	−46 000	−94 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	110 000	−29 000	−47 000	−95 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	503 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	503 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	20 000
Total Fixed Assets	503 000	0	0	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 996 000	270 000	881 000	70 000
Total Current Assets	10 005 000	272 000	883 000	346 000
Total Assets	10 508 000	272 000	883 000	366 000
Total Equity	2 995 000	85 000	−156 000	−110 000
Short-Term Group Debt	390 000	168 000	1 031 000	401 000
Total Long-Term Debt	6 500 000	0	0	0
Creditors	34 000	11 000	0	3 000
Unpaid Taxes	0	0	0	63 000
Dividends	0	0	0	0
Other Current Debt	514 000	9 000	9 000	9 000
Total Current Debt	1 013 000	187 000	1 040 000	476 000
Total Equity and Debt	10 508 000	272 000	883 000	366 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,67 %	−34,12 %	30,13 %	86,36 %
Debt-to-Equity Ratio	2,17	0	−0	−0
Operating Profit Margin	31,05 %	-	-	−34,94 %
Current Ratio	9,88	1,45	0,85	0,73
Quick Ratio	9,88	1,45	0,85	0,73
Equity Ratio	0,29	0,31	−0,18	−0,3
Gross Profit Margin	94,99 %	-	-	−17,84 %