KULTURSATSING AS

0184 OSLO

Finances

Return on Equity

20,48 %

Current Ratio

N/A

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	384 000	1 738 000	1 671 000	618 000
Net Income	4 344 000	61 000	13 604 000	95 000
Total Assets	22 925 000	22 800 000	22 422 000	21 166 000
Total Equity	21 214 000	16 870 000	16 809 000	3 205 000

Income (NOK)	2022	2021	2020	2019
Revenue	384 000	1 738 000	1 671 000	618 000
Expenditure	9 642 000	1 666 000	625 000	453 000
Operating Profit	−9 257 000	73 000	1 046 000	165 000
Financial Income	13 601 000	6 000	12 812 000	1 000
Financial Costs	0	0	27 000	44 000
Financial Balance	13 601 000	6 000	12 785 000	−43 000
Earnings Before Tax	4 344 000	78 000	13 831 000	122 000
Tax	0	17 000	227 000	27 000
Net Income	4 344 000	61 000	13 604 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 377 000	21 754 000	21 022 000	21 014 000
Total Current Assets	4 548 000	1 046 000	1 400 000	152 000
Total Assets	22 925 000	22 800 000	22 422 000	21 166 000
Total Retained Equity	21 184 000	16 840 000	16 779 000	3 175 000
Total Equity	21 214 000	16 870 000	16 809 000	3 205 000
Total Long-Term Debt	1 710 000	5 890 000	5 278 000	17 875 000
Total Current Debt	0	40 000	335 000	86 000
Total Equity and Debt	22 925 000	22 800 000	22 422 000	21 166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	384 000	1 738 000	1 671 000	618 000
Revenue	384 000	1 738 000	1 671 000	618 000
Cost of Goods Sold	58 000	0	0	0
Salary Costs	115 000	31 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 642 000	1 666 000	625 000	453 000
Operating Profit	−9 257 000	73 000	1 046 000	165 000
Financial Income	13 601 000	6 000	12 812 000	1 000
Financial Costs	0	0	27 000	44 000
Financial Balance	13 601 000	6 000	12 785 000	−43 000
Dividends	0	0	0	0
Net Income	4 344 000	61 000	13 604 000	95 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 780 000	1 780 000	1 780 000	1 780 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 780 000	1 780 000	1 780 000	1 780 000
Total Fiancial Fixed Assets	16 597 000	19 975 000	19 242 000	19 235 000
Total Fixed Assets	18 377 000	21 754 000	21 022 000	21 014 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 148 000	124 000	1 400 000	152 000
Total Current Assets	4 548 000	1 046 000	1 400 000	152 000
Total Assets	22 925 000	22 800 000	22 422 000	21 166 000
Total Equity	21 214 000	16 870 000	16 809 000	3 205 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 710 000	5 890 000	5 278 000	17 875 000
Creditors	0	23 000	62 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	46 000	54 000
Total Current Debt	0	40 000	335 000	86 000
Total Equity and Debt	22 925 000	22 800 000	22 422 000	21 166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,48 %	0,36 %	80,93 %	2,96 %
Debt-to-Equity Ratio	0,08	0,35	0,31	5,58
Operating Profit Margin	−2 410,68 %	4,2 %	62,6 %	26,7 %
Current Ratio	-	26,15	4,18	1,77
Quick Ratio	-	26,15	4,18	1,77
Equity Ratio	0,93	0,74	0,75	0,15
Gross Profit Margin	84,9 %	100 %	100 %	100 %