KULÅS UTVIKLING AS

0167 OSLO

Finances

Share Ownership

Return on Equity

57,88 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 475 000	65 164 000	456 000	0
Net Income	7 338 000	41 490 000	169 000	−181 000
Total Assets	27 152 000	142 356 000	306 825 000	111 836 000
Total Equity	12 678 000	18 540 000	5 050 000	4 882 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 475 000	65 164 000	456 000	0
Expenditure	1 840 000	6 484 000	289 000	183 000
Operating Profit	10 635 000	58 680 000	167 000	−183 000
Financial Income	45 000	101 000	2 000	1 000
Financial Costs	1 711 000	5 541 000	0	0
Financial Balance	−1 666 000	−5 440 000	2 000	1 000
Earnings Before Tax	8 969 000	53 240 000	169 000	−181 000
Tax	1 631 000	11 750 000	0	0
Net Income	7 338 000	41 490 000	169 000	−181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 488 000	10 962 000	43 199 000	43 249 000
Total Current Assets	14 664 000	131 393 000	263 626 000	68 587 000
Total Assets	27 152 000	142 356 000	306 825 000	111 836 000
Total Retained Equity	7 628 000	13 490 000	0	0
Total Equity	12 678 000	18 540 000	5 050 000	4 882 000
Total Long-Term Debt	0	0	0	44 631 000
Total Current Debt	14 474 000	123 815 000	301 775 000	62 324 000
Total Equity and Debt	27 152 000	142 356 000	306 825 000	111 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 854 000	65 133 000	456 000	0
Other Income	621 000	31 000	0	0
Revenue	12 475 000	65 164 000	456 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	6 000	97 000	0	0
Depreciation	136 000	52 000	0	0
Impairment	−1 656 000	2 000 000	0	0
Expenditure	1 840 000	6 484 000	289 000	183 000
Operating Profit	10 635 000	58 680 000	167 000	−183 000
Financial Income	45 000	101 000	2 000	1 000
Financial Costs	1 711 000	5 541 000	0	0
Financial Balance	−1 666 000	−5 440 000	2 000	1 000
Dividends	13 200 000	28 000 000	0	0
Net Income	7 338 000	41 490 000	169 000	−181 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	250 000	0	0	0
Real Eastate	12 239 000	10 962 000	43 199 000	43 249 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 239 000	10 962 000	43 199 000	43 249 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 488 000	10 962 000	43 199 000	43 249 000
Stock	9 307 000	82 507 000	525 898 000	68 446 000
Total Investments	0	0	0	0
Cash, Bank	5 028 000	44 775 000	677 000	140 000
Total Current Assets	14 664 000	131 393 000	263 626 000	68 587 000
Total Assets	27 152 000	142 356 000	306 825 000	111 836 000
Total Equity	12 678 000	18 540 000	5 050 000	4 882 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	44 631 000
Creditors	2 204 000	26 122 000	27 741 000	9 773 000
Unpaid Taxes	15 000	6 000	0	0
Dividends	13 200 000	28 000 000	0	0
Other Current Debt	10 375 000	57 938 000	77 213 000	52 551 000
Total Current Debt	14 474 000	123 815 000	301 775 000	62 324 000
Total Equity and Debt	27 152 000	142 356 000	306 825 000	111 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,88 %	223,79 %	3,35 %	−3,71 %
Debt-to-Equity Ratio	0	0	0	9,14
Operating Profit Margin	85,25 %	90,05 %	36,62 %	-
Current Ratio	1,01	1,06	0,87	1,1
Quick Ratio	2,84	3,18	−1,18	−11,2
Equity Ratio	0,47	0,13	0,02	0,04
Gross Profit Margin	100 %	100 %	100 %	-