KULANT AS

2960 RØN

Finances

Return on Equity

133,57 %

Current Ratio

0,38

Debt-to-Equity Ratio

−0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 407 000	32 054 000	19 839 000	4 360 000
Net Income	−6 112 000	−3 210 000	−1 086 000	419 000
Total Assets	3 847 000	6 968 000	4 721 000	1 994 000
Total Equity	−4 576 000	103 000	−533 000	553 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 407 000	32 054 000	19 839 000	4 360 000
Expenditure	30 443 000	35 164 000	21 033 000	3 818 000
Operating Profit	−6 035 000	−3 110 000	−1 194 000	541 000
Financial Income	5 000	4 000	3 000	0
Financial Costs	82 000	104 000	12 000	6 000
Financial Balance	−77 000	−100 000	−9 000	−6 000
Earnings Before Tax	−6 112 000	−3 210 000	−1 203 000	535 000
Tax	0	0	−117 000	117 000
Net Income	−6 112 000	−3 210 000	−1 086 000	419 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	767 000	740 000	606 000	129 000
Total Current Assets	3 080 000	6 228 000	4 115 000	1 865 000
Total Assets	3 847 000	6 968 000	4 721 000	1 994 000
Total Retained Equity	−6 101 000	0	−567 000	419 000
Total Equity	−4 576 000	103 000	−533 000	553 000
Total Long-Term Debt	270 000	351 000	430 000	6 000
Total Current Debt	8 153 000	6 514 000	4 824 000	1 435 000
Total Equity and Debt	3 847 000	6 968 000	4 721 000	1 994 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 341 000	31 479 000	19 535 000	3 804 000
Other Income	66 000	575 000	304 000	555 000
Revenue	24 407 000	32 054 000	19 839 000	4 360 000
Cost of Goods Sold	0	0	0	0
Salary Costs	23 922 000	28 377 000	18 001 000	3 318 000
Depreciation	213 000	210 000	105 000	6 000
Impairment	0	0	0	0
Expenditure	30 443 000	35 164 000	21 033 000	3 818 000
Operating Profit	−6 035 000	−3 110 000	−1 194 000	541 000
Financial Income	5 000	4 000	3 000	0
Financial Costs	82 000	104 000	12 000	6 000
Financial Balance	−77 000	−100 000	−9 000	−6 000
Dividends	0	0	0	0
Net Income	−6 112 000	−3 210 000	−1 086 000	419 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	213 000	0	0	0
Real Eastate	385 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	164 000	735 000	601 000	129 000
Total Tangible Assets	549 000	735 000	601 000	129 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	0
Total Fixed Assets	767 000	740 000	606 000	129 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	282 000	1 981 000	1 011 000	290 000
Total Current Assets	3 080 000	6 228 000	4 115 000	1 865 000
Total Assets	3 847 000	6 968 000	4 721 000	1 994 000
Total Equity	−4 576 000	103 000	−533 000	553 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	270 000	351 000	430 000	6 000
Creditors	2 323 000	876 000	431 000	255 000
Unpaid Taxes	1 678 000	2 608 000	2 059 000	597 000
Dividends	0	0	0	0
Other Current Debt	3 596 000	3 031 000	2 008 000	443 000
Total Current Debt	8 153 000	6 514 000	4 824 000	1 435 000
Total Equity and Debt	3 847 000	6 968 000	4 721 000	1 994 000

Financial indicators	2022	2021	2020	2019
Return on Equity	133,57 %	−3 116,5 %	203,75 %	75,77 %
Debt-to-Equity Ratio	−0,06	3,41	−0,81	0,01
Operating Profit Margin	−24,73 %	−9,7 %	−6,02 %	12,41 %
Current Ratio	0,38	0,96	0,85	1,3
Quick Ratio	0,38	0,96	0,85	1,3
Equity Ratio	−1,19	0,01	−0,11	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %