KULVIS AS

2414 ELVERUM

Finances

Return on Equity

6,13 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	1 000	0
Net Income	26 000	35 000	140 000	48 000
Total Assets	565 000	521 000	537 000	150 000
Total Equity	424 000	433 000	398 000	80 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	1 000	0
Expenditure	3 000	2 000	0	0
Operating Profit	−3 000	−2 000	1 000	0
Financial Income	31 000	36 000	139 000	48 000
Financial Costs	2 000	0	0	0
Financial Balance	29 000	36 000	139 000	48 000
Earnings Before Tax	26 000	35 000	140 000	48 000
Tax	0	0	0	0
Net Income	26 000	35 000	140 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	448 000	396 000	368 000	76 000
Total Current Assets	118 000	126 000	169 000	74 000
Total Assets	565 000	521 000	537 000	150 000
Total Retained Equity	145 000	154 000	120 000	0
Total Equity	424 000	433 000	398 000	80 000
Total Long-Term Debt	68 000	68 000	68 000	0
Total Current Debt	73 000	20 000	70 000	70 000
Total Equity and Debt	565 000	521 000	537 000	150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 000	0
Other Income	0	0	0	0
Revenue	0	0	1 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 000	2 000	0	0
Operating Profit	−3 000	−2 000	1 000	0
Financial Income	31 000	36 000	139 000	48 000
Financial Costs	2 000	0	0	0
Financial Balance	29 000	36 000	139 000	48 000
Dividends	0	0	70 000	70 000
Net Income	26 000	35 000	140 000	48 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	448 000	396 000	368 000	76 000
Total Fixed Assets	448 000	396 000	368 000	76 000
Stock	0	0	0	0
Total Investments	38 000	95 000	85 000	0
Cash, Bank	4 000	5 000	1 000	1 000
Total Current Assets	118 000	126 000	169 000	74 000
Total Assets	565 000	521 000	537 000	150 000
Total Equity	424 000	433 000	398 000	80 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	68 000	68 000	68 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	70 000	70 000
Other Current Debt	73 000	20 000	0	0
Total Current Debt	73 000	20 000	70 000	70 000
Total Equity and Debt	565 000	521 000	537 000	150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,13 %	8,08 %	35,18 %	60 %
Debt-to-Equity Ratio	0,16	0,16	0,17	0
Operating Profit Margin	-	-	100 %	-
Current Ratio	1,62	6,3	2,41	1,06
Quick Ratio	1,62	6,3	2,41	1,06
Equity Ratio	0,75	0,83	0,74	0,53
Gross Profit Margin	-	-	100 %	-