KULFILM AS

2680 VÅGÅ

Finances

Share Ownership

Return on Equity

38,35 %

Current Ratio

4,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	136 000	109 000	123 000	0
Net Income	79 000	40 000	63 000	0
Total Assets	258 000	172 000	128 000	23 000
Total Equity	206 000	126 000	86 000	23 000

Income (NOK)	2022	2021	2020
Revenue	136 000	109 000	123 000
Expenditure	34 000	58 000	43 000
Operating Profit	102 000	52 000	79 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	102 000	52 000	79 000
Tax	22 000	11 000	16 000
Net Income	79 000	40 000	63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	18 000	24 000	0
Total Current Assets	235 000	154 000	103 000	23 000
Total Assets	258 000	172 000	128 000	23 000
Total Retained Equity	183 000	103 000	63 000	0
Total Equity	206 000	126 000	86 000	23 000
Total Long-Term Debt	1 000	1 000	1 000	0
Total Current Debt	52 000	44 000	41 000	0
Total Equity and Debt	258 000	172 000	128 000	23 000

Cash flow (NOK)	2022	2021	2020
Sales Income	63 000	84 000	123 000
Other Income	73 000	25 000	0
Revenue	136 000	109 000	123 000
Cost of Goods Sold	6 000	33 000	33 000
Salary Costs	0	0	0
Depreciation	8 000	6 000	1 000
Impairment	0	0	0
Expenditure	34 000	58 000	43 000
Operating Profit	102 000	52 000	79 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	79 000	40 000	63 000

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	24 000	18 000	24 000	0
Total Tangible Assets	24 000	18 000	24 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 000	18 000	24 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	225 000	154 000	103 000	23 000
Total Current Assets	235 000	154 000	103 000	23 000
Total Assets	258 000	172 000	128 000	23 000
Total Equity	206 000	126 000	86 000	23 000
Short-Term Group Debt	20 000	20 000	20 000	0
Total Long-Term Debt	1 000	1 000	1 000	0
Creditors	0	0	0	0
Unpaid Taxes	9 000	13 000	6 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	52 000	44 000	41 000	0
Total Equity and Debt	258 000	172 000	128 000	23 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,35 %	31,75 %	73,26 %	0 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	75 %	47,71 %	64,23 %	-
Current Ratio	4,52	3,5	2,51	-
Quick Ratio	4,52	3,5	2,51	-
Equity Ratio	0,8	0,73	0,67	1
Gross Profit Margin	95,59 %	69,72 %	73,17 %	-