KULLBERG AS

1778 HALDEN

Finances

Share Ownership

Return on Equity

46,15 %

Current Ratio

5,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 260 000	7 876 000	7 549 000	7 749 000
Net Income	3 295 000	3 865 000	3 232 000	3 464 000
Total Assets	8 712 000	15 285 000	11 316 000	8 065 000
Total Equity	7 139 000	9 845 000	9 979 000	6 747 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 260 000	7 876 000	7 549 000	7 749 000
Expenditure	3 477 000	3 825 000	3 731 000	3 623 000
Operating Profit	4 783 000	4 051 000	3 817 000	4 127 000
Financial Income	−428 000	709 000	260 000	252 000
Financial Costs	1 000	0	0	0
Financial Balance	−429 000	709 000	260 000	252 000
Earnings Before Tax	4 354 000	4 759 000	4 077 000	4 378 000
Tax	1 060 000	894 000	845 000	914 000
Net Income	3 295 000	3 865 000	3 232 000	3 464 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 000	81 000	123 000	114 000
Total Current Assets	8 664 000	15 204 000	11 193 000	7 950 000
Total Assets	8 712 000	15 285 000	11 316 000	8 065 000
Total Retained Equity	7 109 000	9 815 000	9 949 000	6 717 000
Total Equity	7 139 000	9 845 000	9 979 000	6 747 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 573 000	5 440 000	1 337 000	1 318 000
Total Equity and Debt	8 712 000	15 285 000	11 316 000	8 065 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 260 000	7 876 000	7 549 000	7 749 000
Other Income	0	0	0	0
Revenue	8 260 000	7 876 000	7 549 000	7 749 000
Cost of Goods Sold	8 000	0	107 000	438 000
Salary Costs	2 530 000	2 863 000	2 696 000	2 353 000
Depreciation	23 000	31 000	44 000	96 000
Impairment	0	0	0	0
Expenditure	3 477 000	3 825 000	3 731 000	3 623 000
Operating Profit	4 783 000	4 051 000	3 817 000	4 127 000
Financial Income	−428 000	709 000	260 000	252 000
Financial Costs	1 000	0	0	0
Financial Balance	−429 000	709 000	260 000	252 000
Dividends	0	0	0	0
Net Income	3 295 000	3 865 000	3 232 000	3 464 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	58 000	69 000	84 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	5 000	11 000
Fixtures	0	23 000	49 000	19 000
Total Tangible Assets	0	23 000	54 000	30 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 000	81 000	123 000	114 000
Stock	0	0	0	0
Total Investments	5 878 000	6 314 000	4 314 000	1 361 000
Cash, Bank	2 562 000	8 542 000	6 499 000	6 276 000
Total Current Assets	8 664 000	15 204 000	11 193 000	7 950 000
Total Assets	8 712 000	15 285 000	11 316 000	8 065 000
Total Equity	7 139 000	9 845 000	9 979 000	6 747 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	80 000	122 000	86 000	54 000
Unpaid Taxes	193 000	177 000	187 000	149 000
Dividends	0	0	0	0
Other Current Debt	250 000	4 259 000	234 000	206 000
Total Current Debt	1 573 000	5 440 000	1 337 000	1 318 000
Total Equity and Debt	8 712 000	15 285 000	11 316 000	8 065 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,15 %	39,26 %	32,39 %	51,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	57,91 %	51,43 %	50,56 %	53,26 %
Current Ratio	5,51	2,79	8,37	6,03
Quick Ratio	5,51	2,79	8,37	6,03
Equity Ratio	0,82	0,64	0,88	0,84
Gross Profit Margin	99,9 %	100 %	98,58 %	94,35 %