KULTORP BILSERVICE AS

1734 HAFSLUNDSØY

Finances

Share Ownership

Return on Equity

31,31 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 507 000	11 711 000	10 454 000	8 464 000
Net Income	670 000	780 000	11 000	117 000
Total Assets	3 757 000	4 192 000	3 135 000	4 556 000
Total Equity	2 140 000	2 470 000	1 690 000	1 679 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 507 000	11 711 000	10 454 000	8 464 000
Expenditure	10 645 000	10 709 000	10 436 000	8 314 000
Operating Profit	863 000	1 002 000	18 000	150 000
Financial Income	1 000	3 000	0	4 000
Financial Costs	4 000	3 000	4 000	2 000
Financial Balance	−3 000	0	−4 000	2 000
Earnings Before Tax	860 000	1 002 000	15 000	153 000
Tax	189 000	222 000	3 000	36 000
Net Income	670 000	780 000	11 000	117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 083 000	1 294 000	1 485 000	1 613 000
Total Current Assets	1 674 000	2 899 000	1 650 000	2 943 000
Total Assets	3 757 000	4 192 000	3 135 000	4 556 000
Total Retained Equity	508 000	838 000	58 000	47 000
Total Equity	2 140 000	2 470 000	1 690 000	1 679 000
Total Long-Term Debt	50 000	39 000	19 000	16 000
Total Current Debt	1 567 000	1 683 000	1 426 000	2 861 000
Total Equity and Debt	3 757 000	4 192 000	3 135 000	4 556 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 466 000	11 702 000	10 445 000	8 464 000
Other Income	41 000	9 000	9 000	0
Revenue	11 507 000	11 711 000	10 454 000	8 464 000
Cost of Goods Sold	3 728 000	3 798 000	3 608 000	2 824 000
Salary Costs	4 395 000	4 390 000	4 536 000	3 722 000
Depreciation	288 000	258 000	234 000	188 000
Impairment	0	0	0	0
Expenditure	10 645 000	10 709 000	10 436 000	8 314 000
Operating Profit	863 000	1 002 000	18 000	150 000
Financial Income	1 000	3 000	0	4 000
Financial Costs	4 000	3 000	4 000	2 000
Financial Balance	−3 000	0	−4 000	2 000
Dividends	1 000 000	0	0	0
Net Income	670 000	780 000	11 000	117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	925 000	1 075 000	1 225 000	1 375 000
Total Intangible Assets	925 000	1 075 000	1 225 000	1 375 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	54 000	68 000	0
Fixtures	506 000	165 000	193 000	238 000
Total Tangible Assets	506 000	219 000	260 000	238 000
Total Fiancial Fixed Assets	652 000	0	0	0
Total Fixed Assets	2 083 000	1 294 000	1 485 000	1 613 000
Stock	189 000	136 000	220 000	256 000
Total Investments	0	0	0	0
Cash, Bank	1 020 000	1 618 000	953 000	613 000
Total Current Assets	1 674 000	2 899 000	1 650 000	2 943 000
Total Assets	3 757 000	4 192 000	3 135 000	4 556 000
Total Equity	2 140 000	2 470 000	1 690 000	1 679 000
Short-Term Group Debt	0	0	88 000	1 602 000
Total Long-Term Debt	50 000	39 000	19 000	16 000
Creditors	306 000	366 000	342 000	347 000
Unpaid Taxes	625 000	643 000	588 000	561 000
Dividends	1 000 000	0	0	0
Other Current Debt	458 000	471 000	407 000	350 000
Total Current Debt	1 567 000	1 683 000	1 426 000	2 861 000
Total Equity and Debt	3 757 000	4 192 000	3 135 000	4 556 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,31 %	31,58 %	0,65 %	6,97 %
Debt-to-Equity Ratio	0,02	0,02	0,01	0,01
Operating Profit Margin	7,5 %	8,56 %	0,17 %	1,77 %
Current Ratio	1,07	1,72	1,16	1,03
Quick Ratio	1,21	1,87	1,37	1,13
Equity Ratio	0,57	0,59	0,54	0,37
Gross Profit Margin	67,6 %	67,57 %	65,49 %	66,64 %