KULTURFERGEN AS

5022 BERGEN

Finances

Share Ownership

Return on Equity

341,67 %

Current Ratio

0,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	364 000	1 257 000	0	3 350 000
Net Income	41 000	−1 000	−59 000	260 000
Total Assets	1 619 000	2 088 000	1 529 000	1 202 000
Total Equity	12 000	−29 000	−28 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	364 000	1 257 000	0	3 350 000
Expenditure	323 000	1 258 000	59 000	3 036 000
Operating Profit	41 000	−1 000	−59 000	314 000
Financial Income	0	2 000	0	1 000
Financial Costs	0	2 000	0	2 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	41 000	−1 000	−59 000	313 000
Tax	0	0	0	52 000
Net Income	41 000	−1 000	−59 000	260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 250 000	1 403 000	1 525 000	0
Total Current Assets	369 000	686 000	4 000	1 202 000
Total Assets	1 619 000	2 088 000	1 529 000	1 202 000
Total Retained Equity	−18 000	−59 000	−58 000	1 000
Total Equity	12 000	−29 000	−28 000	31 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 608 000	2 118 000	1 558 000	1 171 000
Total Equity and Debt	1 619 000	2 088 000	1 529 000	1 202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	364 000	1 257 000	0	3 350 000
Other Income	0	0	0	0
Revenue	364 000	1 257 000	0	3 350 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	153 000	153 000	0	0
Impairment	0	0	0	0
Expenditure	323 000	1 258 000	59 000	3 036 000
Operating Profit	41 000	−1 000	−59 000	314 000
Financial Income	0	2 000	0	1 000
Financial Costs	0	2 000	0	2 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	177 000
Net Income	41 000	−1 000	−59 000	260 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 220 000	1 373 000	1 525 000	0
Total Fiancial Fixed Assets	30 000	30 000	0	0
Total Fixed Assets	1 250 000	1 403 000	1 525 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	8 000	4 000	1 011 000
Total Current Assets	369 000	686 000	4 000	1 202 000
Total Assets	1 619 000	2 088 000	1 529 000	1 202 000
Total Equity	12 000	−29 000	−28 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	930 000
Unpaid Taxes	2 000	2 000	2 000	0
Dividends	0	0	0	177 000
Other Current Debt	1 606 000	2 116 000	1 556 000	189 000
Total Current Debt	1 608 000	2 118 000	1 558 000	1 171 000
Total Equity and Debt	1 619 000	2 088 000	1 529 000	1 202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	341,67 %	3,45 %	210,71 %	838,71 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	11,26 %	−0,08 %	-	9,37 %
Current Ratio	0,23	0,32	0	1,03
Quick Ratio	0,23	0,32	0	1,03
Equity Ratio	0,01	−0,01	−0,02	0,03
Gross Profit Margin	100 %	100 %	-	100 %