NO 18 KULTURKAFE AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

28,65 %

Current Ratio

0,23

Debt-to-Equity Ratio

−0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 965 000	2 857 000	2 218 000	1 021 000
Net Income	−212 000	−149 000	−295 000	−385 000
Total Assets	620 000	590 000	654 000	706 000
Total Equity	−740 000	−528 000	−379 000	−185 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 965 000	2 857 000	2 218 000	1 021 000
Expenditure	4 214 000	3 033 000	2 582 000	1 499 000
Operating Profit	−249 000	−175 000	−363 000	−479 000
Financial Income	0	0	0	0
Financial Costs	23 000	16 000	13 000	14 000
Financial Balance	−23 000	−16 000	−13 000	−14 000
Earnings Before Tax	−272 000	−190 000	−377 000	−493 000
Tax	−59 000	−42 000	−82 000	−108 000
Net Income	−212 000	−149 000	−295 000	−385 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	447 000	477 000	567 000	616 000
Total Current Assets	173 000	113 000	87 000	90 000
Total Assets	620 000	590 000	654 000	706 000
Total Retained Equity	−1 040 000	−828 000	−679 000	−385 000
Total Equity	−740 000	−528 000	−379 000	−185 000
Total Long-Term Debt	600 000	436 000	398 000	353 000
Total Current Debt	761 000	682 000	635 000	539 000
Total Equity and Debt	620 000	590 000	654 000	706 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 965 000	2 432 000	2 218 000	1 021 000
Other Income	0	425 000	0	0
Revenue	3 965 000	2 857 000	2 218 000	1 021 000
Cost of Goods Sold	1 163 000	740 000	770 000	388 000
Salary Costs	2 233 000	1 654 000	1 212 000	640 000
Depreciation	123 000	132 000	132 000	50 000
Impairment	0	0	0	0
Expenditure	4 214 000	3 033 000	2 582 000	1 499 000
Operating Profit	−249 000	−175 000	−363 000	−479 000
Financial Income	0	0	0	0
Financial Costs	23 000	16 000	13 000	14 000
Financial Balance	−23 000	−16 000	−13 000	−14 000
Dividends	0	0	0	0
Net Income	−212 000	−149 000	−295 000	−385 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	291 000	232 000	190 000	108 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	156 000	245 000	377 000	508 000
Total Tangible Assets	156 000	245 000	377 000	508 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	447 000	477 000	567 000	616 000
Stock	62 000	48 000	37 000	64 000
Total Investments	0	0	0	0
Cash, Bank	100 000	46 000	29 000	25 000
Total Current Assets	173 000	113 000	87 000	90 000
Total Assets	620 000	590 000	654 000	706 000
Total Equity	−740 000	−528 000	−379 000	−185 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	600 000	436 000	398 000	353 000
Creditors	267 000	204 000	182 000	288 000
Unpaid Taxes	182 000	160 000	185 000	80 000
Dividends	0	0	0	0
Other Current Debt	312 000	318 000	166 000	109 000
Total Current Debt	761 000	682 000	635 000	539 000
Total Equity and Debt	620 000	590 000	654 000	706 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,65 %	28,22 %	77,84 %	208,11 %
Debt-to-Equity Ratio	−0,81	−0,83	−1,05	−1,91
Operating Profit Margin	−6,28 %	−6,13 %	−16,37 %	−46,91 %
Current Ratio	0,23	0,17	0,14	0,17
Quick Ratio	0,25	0,18	0,15	0,19
Equity Ratio	−1,19	−0,89	−0,58	−0,26
Gross Profit Margin	70,67 %	74,1 %	65,28 %	62 %