KULTURFABRIKKEN EIENDOMSSELSKAP AS

6508 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

35,32 %

Current Ratio

4,31

Debt-to-Equity Ratio

7,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 926 000	1 881 000	1 460 000	730 000
Net Income	794 000	716 000	219 000	489 000
Total Assets	20 613 000	20 501 000	20 550 000	24 900 000
Total Equity	2 248 000	1 454 000	738 000	519 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 926 000	1 881 000	1 460 000	730 000
Expenditure	373 000	496 000	471 000	79 000
Operating Profit	1 553 000	1 385 000	989 000	651 000
Financial Income	5 000	4 000	3 000	1 000
Financial Costs	764 000	673 000	772 000	163 000
Financial Balance	−759 000	−669 000	−769 000	−162 000
Earnings Before Tax	794 000	716 000	219 000	489 000
Tax	0	0	0	0
Net Income	794 000	716 000	219 000	489 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 604 000	17 513 000	18 368 000	17 903 000
Total Current Assets	3 009 000	2 988 000	2 183 000	6 996 000
Total Assets	20 613 000	20 501 000	20 550 000	24 900 000
Total Retained Equity	2 218 000	1 424 000	708 000	489 000
Total Equity	2 248 000	1 454 000	738 000	519 000
Total Long-Term Debt	17 667 000	18 454 000	19 184 000	4 846 000
Total Current Debt	698 000	593 000	628 000	19 535 000
Total Equity and Debt	20 613 000	20 501 000	20 550 000	24 900 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 926 000	1 881 000	1 460 000	730 000
Revenue	1 926 000	1 881 000	1 460 000	730 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	334 000	341 000	298 000	65 000
Impairment	0	0	0	0
Expenditure	373 000	496 000	471 000	79 000
Operating Profit	1 553 000	1 385 000	989 000	651 000
Financial Income	5 000	4 000	3 000	1 000
Financial Costs	764 000	673 000	772 000	163 000
Financial Balance	−759 000	−669 000	−769 000	−162 000
Dividends	0	0	0	0
Net Income	794 000	716 000	219 000	489 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 578 000	16 771 000	17 454 000	17 498 000
Machinery and Plant Facilities	162 000	186 000	216 000	236 000
Fixtures	484 000	556 000	698 000	170 000
Total Tangible Assets	17 224 000	17 513 000	18 368 000	17 903 000
Total Fiancial Fixed Assets	380 000	0	0	0
Total Fixed Assets	17 604 000	17 513 000	18 368 000	17 903 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 322 000	2 553 000	1 265 000	82 000
Total Current Assets	3 009 000	2 988 000	2 183 000	6 996 000
Total Assets	20 613 000	20 501 000	20 550 000	24 900 000
Total Equity	2 248 000	1 454 000	738 000	519 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 667 000	18 454 000	19 184 000	4 846 000
Creditors	0	11 000	−21 000	11 000
Unpaid Taxes	88 000	73 000	66 000	0
Dividends	0	0	0	0
Other Current Debt	610 000	509 000	583 000	600 000
Total Current Debt	698 000	593 000	628 000	19 535 000
Total Equity and Debt	20 613 000	20 501 000	20 550 000	24 900 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,32 %	49,24 %	29,67 %	94,22 %
Debt-to-Equity Ratio	7,86	12,69	25,99	9,34
Operating Profit Margin	80,63 %	73,63 %	67,74 %	89,18 %
Current Ratio	4,31	5,04	3,48	0,36
Quick Ratio	4,31	5,04	3,48	0,36
Equity Ratio	0,11	0,07	0,04	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %