NORDRE KULLERØD 21B AS

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

−46,62 %

Current Ratio

0,71

Debt-to-Equity Ratio

27,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	212 000	201 000	200 000	38 000
Net Income	−69 000	−10 000	−61 000	2 328 000
Total Assets	4 193 000	4 276 000	4 342 000	6 601 000
Total Equity	148 000	218 000	228 000	200 000

Income (NOK)	2022	2021	2020	2019
Revenue	212 000	201 000	200 000	38 000
Expenditure	100 000	62 000	128 000	308 000
Operating Profit	112 000	139 000	72 000	−270 000
Financial Income	1 000	2 000	0	2 563 000
Financial Costs	182 000	152 000	158 000	139 000
Financial Balance	−181 000	−150 000	−158 000	2 424 000
Earnings Before Tax	−69 000	−10 000	−86 000	2 154 000
Tax	0	0	−25 000	−174 000
Net Income	−69 000	−10 000	−61 000	2 328 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 169 000	4 188 000	4 202 000	5 010 000
Total Current Assets	24 000	88 000	139 000	1 590 000
Total Assets	4 193 000	4 276 000	4 342 000	6 601 000
Total Retained Equity	−191 000	−122 000	−112 000	0
Total Equity	148 000	218 000	228 000	200 000
Total Long-Term Debt	4 010 000	2 988 000	3 000 000	3 000 000
Total Current Debt	34 000	1 071 000	1 114 000	3 400 000
Total Equity and Debt	4 193 000	4 276 000	4 342 000	6 601 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	212 000	201 000	200 000	0
Other Income	0	0	0	38 000
Revenue	212 000	201 000	200 000	38 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	14 000	14 000	14 000	22 000
Impairment	5 000	0	0	0
Expenditure	100 000	62 000	128 000	308 000
Operating Profit	112 000	139 000	72 000	−270 000
Financial Income	1 000	2 000	0	2 563 000
Financial Costs	182 000	152 000	158 000	139 000
Financial Balance	−181 000	−150 000	−158 000	2 424 000
Dividends	0	0	0	2 589 000
Net Income	−69 000	−10 000	−61 000	2 328 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 169 000	4 169 000	4 169 000	4 143 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	19 000	33 000	47 000
Total Tangible Assets	4 169 000	4 188 000	4 202 000	4 190 000
Total Fiancial Fixed Assets	0	0	0	820 000
Total Fixed Assets	4 169 000	4 188 000	4 202 000	5 010 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	85 000	87 000	5 000
Total Current Assets	24 000	88 000	139 000	1 590 000
Total Assets	4 193 000	4 276 000	4 342 000	6 601 000
Total Equity	148 000	218 000	228 000	200 000
Short-Term Group Debt	0	1 055 000	1 109 000	0
Total Long-Term Debt	4 010 000	2 988 000	3 000 000	3 000 000
Creditors	19 000	2 000	3 000	812 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	2 589 000
Other Current Debt	16 000	13 000	2 000	0
Total Current Debt	34 000	1 071 000	1 114 000	3 400 000
Total Equity and Debt	4 193 000	4 276 000	4 342 000	6 601 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−46,62 %	−4,59 %	−26,75 %	1 164 %
Debt-to-Equity Ratio	27,09	13,71	13,16	15
Operating Profit Margin	52,83 %	69,15 %	36 %	−710,53 %
Current Ratio	0,71	0,08	0,12	0,47
Quick Ratio	0,71	0,08	0,12	0,47
Equity Ratio	0,04	0,05	0,05	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %