KULEISEN AS

5519 HAUGESUND

Finances

Share Ownership

Return on Equity

13,93 %

Current Ratio

0,17

Debt-to-Equity Ratio

−3,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 547 000	1 575 000	1 827 000	2 423 000
Net Income	−793 000	−551 000	−1 242 000	−2 941 000
Total Assets	18 295 000	22 021 000	27 280 000	35 609 000
Total Equity	−5 691 000	−5 298 000	−4 747 000	−3 505 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 547 000	1 575 000	1 827 000	2 423 000
Expenditure	1 748 000	1 803 000	2 595 000	4 054 000
Operating Profit	−202 000	−227 000	−768 000	−1 631 000
Financial Income	5 000	6 000	0	48 000
Financial Costs	596 000	330 000	474 000	1 358 000
Financial Balance	−591 000	−324 000	−474 000	−1 310 000
Earnings Before Tax	−793 000	−551 000	−1 242 000	−2 941 000
Tax	0	0	0	0
Net Income	−793 000	−551 000	−1 242 000	−2 941 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 605 000	21 545 000	26 661 000	34 891 000
Total Current Assets	690 000	475 000	619 000	718 000
Total Assets	18 295 000	22 021 000	27 280 000	35 609 000
Total Retained Equity	−6 121 000	−5 328 000	−4 777 000	−3 535 000
Total Equity	−5 691 000	−5 298 000	−4 747 000	−3 505 000
Total Long-Term Debt	19 941 000	23 250 000	27 500 000	32 109 000
Total Current Debt	4 045 000	4 069 000	4 527 000	7 005 000
Total Equity and Debt	18 295 000	22 021 000	27 280 000	35 609 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000	51 000	387 000	1 729 000
Other Income	1 545 000	1 525 000	1 440 000	694 000
Revenue	1 547 000	1 575 000	1 827 000	2 423 000
Cost of Goods Sold	0	0	143 000	927 000
Salary Costs	77 000	70 000	318 000	515 000
Depreciation	940 000	1 116 000	1 182 000	1 462 000
Impairment	0	0	0	0
Expenditure	1 748 000	1 803 000	2 595 000	4 054 000
Operating Profit	−202 000	−227 000	−768 000	−1 631 000
Financial Income	5 000	6 000	0	48 000
Financial Costs	596 000	330 000	474 000	1 358 000
Financial Balance	−591 000	−324 000	−474 000	−1 310 000
Dividends	0	0	0	0
Net Income	−793 000	−551 000	−1 242 000	−2 941 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 605 000	21 545 000	26 652 000	0
Machinery and Plant Facilities	0	0	0	34 872 000
Fixtures	0	0	9 000	19 000
Total Tangible Assets	17 605 000	21 545 000	26 661 000	34 891 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 605 000	21 545 000	26 661 000	34 891 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	535 000	379 000	403 000	294 000
Total Current Assets	690 000	475 000	619 000	718 000
Total Assets	18 295 000	22 021 000	27 280 000	35 609 000
Total Equity	−5 691 000	−5 298 000	−4 747 000	−3 505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 941 000	23 250 000	27 500 000	32 109 000
Creditors	58 000	148 000	499 000	2 813 000
Unpaid Taxes	12 000	44 000	129 000	173 000
Dividends	0	0	0	0
Other Current Debt	3 975 000	3 876 000	3 899 000	4 020 000
Total Current Debt	4 045 000	4 069 000	4 527 000	7 005 000
Total Equity and Debt	18 295 000	22 021 000	27 280 000	35 609 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,93 %	10,4 %	26,16 %	83,91 %
Debt-to-Equity Ratio	−3,5	−4,39	−5,79	−9,16
Operating Profit Margin	−13,06 %	−14,41 %	−42,04 %	−67,31 %
Current Ratio	0,17	0,12	0,14	0,1
Quick Ratio	0,17	0,12	0,14	0,1
Equity Ratio	−0,31	−0,24	−0,17	−0,1
Gross Profit Margin	100 %	100 %	92,17 %	61,74 %