KULTURIT AS

2619 LILLEHAMMER

Finances

Share Ownership

Return on Equity

1,85 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 196 000	72 733 000	35 284 000	31 526 000
Net Income	241 000	687 000	565 000	671 000
Total Assets	33 195 000	36 218 000	26 152 000	24 220 000
Total Equity	13 060 000	12 244 000	8 260 000	7 695 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 196 000	72 733 000	35 284 000	31 526 000
Expenditure	79 799 000	71 759 000	34 738 000	30 641 000
Operating Profit	397 000	973 000	546 000	886 000
Financial Income	226 000	142 000	316 000	91 000
Financial Costs	314 000	231 000	138 000	117 000
Financial Balance	−88 000	−89 000	178 000	−26 000
Earnings Before Tax	309 000	884 000	724 000	860 000
Tax	68 000	197 000	159 000	189 000
Net Income	241 000	687 000	565 000	671 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 697 000	9 058 000	6 740 000	6 981 000
Total Current Assets	20 498 000	27 160 000	19 412 000	17 238 000
Total Assets	33 195 000	36 218 000	26 152 000	24 220 000
Total Retained Equity	7 521 000	7 280 000	5 246 000	4 681 000
Total Equity	13 060 000	12 244 000	8 260 000	7 695 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 135 000	23 974 000	17 892 000	16 525 000
Total Equity and Debt	33 195 000	36 218 000	26 152 000	24 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 003 000	68 886 000	30 413 000	27 206 000
Other Income	8 194 000	3 847 000	4 872 000	4 320 000
Revenue	80 196 000	72 733 000	35 284 000	31 526 000
Cost of Goods Sold	0	0	0	133 000
Salary Costs	46 058 000	41 807 000	20 895 000	19 969 000
Depreciation	1 567 000	1 258 000	640 000	708 000
Impairment	0	147 000	0	0
Expenditure	79 799 000	71 759 000	34 738 000	30 641 000
Operating Profit	397 000	973 000	546 000	886 000
Financial Income	226 000	142 000	316 000	91 000
Financial Costs	314 000	231 000	138 000	117 000
Financial Balance	−88 000	−89 000	178 000	−26 000
Dividends	0	0	0	0
Net Income	241 000	687 000	565 000	671 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	104 000	81 000	70 000	87 000
Real Eastate	9 243 000	6 452 000	5 697 000	5 892 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 350 000	2 525 000	973 000	1 003 000
Total Tangible Assets	12 593 000	8 977 000	6 670 000	6 895 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 697 000	9 058 000	6 740 000	6 981 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 799 000	23 235 000	18 028 000	14 987 000
Total Current Assets	20 498 000	27 160 000	19 412 000	17 238 000
Total Assets	33 195 000	36 218 000	26 152 000	24 220 000
Total Equity	13 060 000	12 244 000	8 260 000	7 695 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 907 000	3 011 000	1 157 000	1 386 000
Unpaid Taxes	4 415 000	4 260 000	1 797 000	1 659 000
Dividends	0	0	0	0
Other Current Debt	12 721 000	16 495 000	14 795 000	13 295 000
Total Current Debt	20 135 000	23 974 000	17 892 000	16 525 000
Total Equity and Debt	33 195 000	36 218 000	26 152 000	24 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,85 %	5,61 %	6,84 %	8,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,5 %	1,34 %	1,55 %	2,81 %
Current Ratio	1,02	1,13	1,08	1,04
Quick Ratio	1,02	1,13	1,08	1,04
Equity Ratio	0,39	0,34	0,32	0,32
Gross Profit Margin	100 %	100 %	100 %	99,58 %