CULINARO AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

11,03 %

Current Ratio

1,12

Debt-to-Equity Ratio

−1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 000	77 000	41 000	189 000
Net Income	−302 000	−552 000	−571 000	−539 000
Total Assets	769 000	1 182 000	1 596 000	243 000
Total Equity	−2 737 000	−2 435 000	−1 884 000	−1 313 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 000	77 000	41 000	189 000
Expenditure	304 000	624 000	564 000	674 000
Operating Profit	−299 000	−547 000	−524 000	−485 000
Financial Income	2 000	3 000	2 000	2 000
Financial Costs	5 000	7 000	49 000	57 000
Financial Balance	−3 000	−4 000	−47 000	−55 000
Earnings Before Tax	−302 000	−552 000	−571 000	−539 000
Tax	0	0	0	0
Net Income	−302 000	−552 000	−571 000	−539 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	340 000	398 000	0	0
Total Current Assets	429 000	784 000	1 596 000	243 000
Total Assets	769 000	1 182 000	1 596 000	243 000
Total Retained Equity	−2 767 000	−2 465 000	−1 914 000	−1 343 000
Total Equity	−2 737 000	−2 435 000	−1 884 000	−1 313 000
Total Long-Term Debt	3 125 000	3 000 000	3 000 000	0
Total Current Debt	382 000	617 000	480 000	1 555 000
Total Equity and Debt	769 000	1 182 000	1 596 000	243 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 000	77 000	41 000	139 000
Other Income	0	0	0	50 000
Revenue	5 000	77 000	41 000	189 000
Cost of Goods Sold	89 000	97 000	65 000	153 000
Salary Costs	0	0	0	0
Depreciation	70 000	0	0	81 000
Impairment	0	0	0	0
Expenditure	304 000	624 000	564 000	674 000
Operating Profit	−299 000	−547 000	−524 000	−485 000
Financial Income	2 000	3 000	2 000	2 000
Financial Costs	5 000	7 000	49 000	57 000
Financial Balance	−3 000	−4 000	−47 000	−55 000
Dividends	0	0	0	0
Net Income	−302 000	−552 000	−571 000	−539 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	340 000	398 000	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	0	0	0	0
Total Fixed Assets	340 000	398 000	0	0
Stock	167 000	179 000	215 000	238 000
Total Investments	0	0	0	0
Cash, Bank	235 000	432 000	1 295 000	0
Total Current Assets	429 000	784 000	1 596 000	243 000
Total Assets	769 000	1 182 000	1 596 000	243 000
Total Equity	−2 737 000	−2 435 000	−1 884 000	−1 313 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 125 000	3 000 000	3 000 000	0
Creditors	380 000	616 000	379 000	437 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	101 000	400 000
Total Current Debt	382 000	617 000	480 000	1 555 000
Total Equity and Debt	769 000	1 182 000	1 596 000	243 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,03 %	22,67 %	30,31 %	41,05 %
Debt-to-Equity Ratio	−1,14	−1,23	−1,59	−0
Operating Profit Margin	−5 980 %	−710,39 %	−1 278,05 %	−256,61 %
Current Ratio	1,12	1,27	3,33	0,16
Quick Ratio	2	1,79	6,02	0,18
Equity Ratio	−3,56	−2,06	−1,18	−5,4
Gross Profit Margin	−1 680 %	−25,97 %	−58,54 %	19,05 %