KULING VANNBEHANDLING AS

4009 STAVANGER

Finances

Return on Equity

49,65 %

Current Ratio

3,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 812 000	1 075 000	518 000
Net Income	1 913 000	1 543 000	367 000
Total Assets	4 525 000	3 360 000	2 467 000
Total Equity	3 853 000	1 940 000	397 000

Income (NOK)	2022	2021	2020
Revenue	1 812 000	1 075 000	518 000
Expenditure	26 000	31 000	47 000
Operating Profit	1 786 000	1 043 000	471 000
Financial Income	674 000	943 000	0
Financial Costs	2 000	0	0
Financial Balance	672 000	943 000	0
Earnings Before Tax	2 458 000	1 986 000	471 000
Tax	545 000	443 000	104 000
Net Income	1 913 000	1 543 000	367 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 259 000	1 953 000	1 953 000
Total Current Assets	2 265 000	1 407 000	513 000
Total Assets	4 525 000	3 360 000	2 467 000
Total Retained Equity	3 823 000	1 910 000	367 000
Total Equity	3 853 000	1 940 000	397 000
Total Long-Term Debt	0	0	0
Total Current Debt	672 000	1 420 000	2 069 000
Total Equity and Debt	4 525 000	3 360 000	2 467 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 812 000	1 075 000	518 000
Other Income	0	0	0
Revenue	1 812 000	1 075 000	518 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	5 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	26 000	31 000	47 000
Operating Profit	1 786 000	1 043 000	471 000
Financial Income	674 000	943 000	0
Financial Costs	2 000	0	0
Financial Balance	672 000	943 000	0
Dividends	0	0	0
Net Income	1 913 000	1 543 000	367 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	2 259 000	1 953 000	1 953 000
Total Fixed Assets	2 259 000	1 953 000	1 953 000
Stock	0	0	0
Total Investments	0	306 000	30 000
Cash, Bank	2 264 000	1 033 000	470 000
Total Current Assets	2 265 000	1 407 000	513 000
Total Assets	4 525 000	3 360 000	2 467 000
Total Equity	3 853 000	1 940 000	397 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	2 000
Unpaid Taxes	78 000	51 000	9 000
Dividends	0	0	0
Other Current Debt	49 000	925 000	1 955 000
Total Current Debt	672 000	1 420 000	2 069 000
Total Equity and Debt	4 525 000	3 360 000	2 467 000

Financial indicators	2022	2021	2020
Return on Equity	49,65 %	79,54 %	92,44 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	98,57 %	97,02 %	90,93 %
Current Ratio	3,37	0,99	0,25
Quick Ratio	3,37	0,99	0,25
Equity Ratio	0,85	0,58	0,16
Gross Profit Margin	100 %	100 %	100 %