KULTURSTUND AS

5038 BERGEN

Finances

Share Ownership

Return on Equity

−1,54 %

Current Ratio

0,04

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 000	0	32 000	147 000
Net Income	7 000	−17 000	19 000	11 000
Total Assets	49 000	43 000	32 000	17 000
Total Equity	−455 000	−462 000	−445 000	−464 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 000	0	32 000	147 000
Expenditure	20 000	17 000	12 000	136 000
Operating Profit	7 000	−17 000	19 000	11 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	7 000	−17 000	19 000	11 000
Tax	0	0	0	0
Net Income	7 000	−17 000	19 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	38 000	0	0
Total Current Assets	21 000	5 000	32 000	17 000
Total Assets	49 000	43 000	32 000	17 000
Total Retained Equity	−485 000	−492 000	−475 000	−494 000
Total Equity	−455 000	−462 000	−445 000	−464 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	505 000	505 000	477 000	481 000
Total Equity and Debt	49 000	43 000	32 000	17 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 000	0	32 000	147 000
Other Income	0	0	0	0
Revenue	27 000	0	32 000	147 000
Cost of Goods Sold	0	0	0	123 000
Salary Costs	0	0	0	0
Depreciation	9 000	8 000	0	0
Impairment	0	0	0	0
Expenditure	20 000	17 000	12 000	136 000
Operating Profit	7 000	−17 000	19 000	11 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	7 000	−17 000	19 000	11 000

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	28 000	38 000	0	0
Total Tangible Assets	28 000	38 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	38 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	5 000	1 000	17 000
Total Current Assets	21 000	5 000	32 000	17 000
Total Assets	49 000	43 000	32 000	17 000
Total Equity	−455 000	−462 000	−445 000	−464 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	2 000	0	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	503 000	503 000	477 000	478 000
Total Current Debt	505 000	505 000	477 000	481 000
Total Equity and Debt	49 000	43 000	32 000	17 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,54 %	3,68 %	−4,27 %	−2,37 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	25,93 %	-	59,38 %	7,48 %
Current Ratio	0,04	0,01	0,07	0,04
Quick Ratio	0,04	0,01	0,07	0,04
Equity Ratio	−9,29	−10,74	−13,91	−27,29
Gross Profit Margin	100 %	-	100 %	16,33 %