KULLTANGEN AS

3950 BREVIK

Finances

Share Ownership

Return on Equity

2,06 %

Current Ratio

0,34

Debt-to-Equity Ratio

−5,87

Key figures (NOK)	2022	2021	2020
Revenue	232 000	173 000	0
Net Income	−18 000	−219 000	−667 000
Total Assets	4 334 000	2 485 000	2 245 000
Total Equity	−874 000	−856 000	−637 000

Income (NOK)	2022	2021	2020
Revenue	232 000	173 000	0
Expenditure	71 000	268 000	606 000
Operating Profit	161 000	−95 000	−606 000
Financial Income	0	0	0
Financial Costs	179 000	124 000	61 000
Financial Balance	−179 000	−124 000	−61 000
Earnings Before Tax	−18 000	−219 000	−667 000
Tax	0	0	0
Net Income	−18 000	−219 000	−667 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 307 000	2 461 000	2 169 000
Total Current Assets	27 000	24 000	76 000
Total Assets	4 334 000	2 485 000	2 245 000
Total Retained Equity	−904 000	−886 000	−667 000
Total Equity	−874 000	−856 000	−637 000
Total Long-Term Debt	5 128 000	3 193 000	2 661 000
Total Current Debt	80 000	147 000	221 000
Total Equity and Debt	4 334 000	2 485 000	2 245 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	232 000	173 000	0
Revenue	232 000	173 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	71 000	268 000	606 000
Operating Profit	161 000	−95 000	−606 000
Financial Income	0	0	0
Financial Costs	179 000	124 000	61 000
Financial Balance	−179 000	−124 000	−61 000
Dividends	0	0	0
Net Income	−18 000	−219 000	−667 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	4 307 000	2 461 000	2 169 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	4 307 000	2 461 000	2 169 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 307 000	2 461 000	2 169 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	23 000	21 000	76 000
Total Current Assets	27 000	24 000	76 000
Total Assets	4 334 000	2 485 000	2 245 000
Total Equity	−874 000	−856 000	−637 000
Short-Term Group Debt	1 000	0	0
Total Long-Term Debt	5 128 000	3 193 000	2 661 000
Creditors	3 000	0	199 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	76 000	147 000	23 000
Total Current Debt	80 000	147 000	221 000
Total Equity and Debt	4 334 000	2 485 000	2 245 000

Financial indicators	2022	2021	2020
Return on Equity	2,06 %	25,58 %	104,71 %
Debt-to-Equity Ratio	−5,87	−3,73	−4,18
Operating Profit Margin	69,4 %	−54,91 %	-
Current Ratio	0,34	0,16	0,34
Quick Ratio	0,34	0,16	0,34
Equity Ratio	−0,2	−0,34	−0,28
Gross Profit Margin	100 %	100 %	-