CULLINAN EIENDOM AS

4817 HIS

Finances

Return on Equity

4,26 %

Current Ratio

1,47

Debt-to-Equity Ratio

167,96

Key figures (NOK)	2022	2021	2020
Revenue	589 000	546 000	225 000
Net Income	6 000	−52 000	165 000
Total Assets	25 997 000	26 494 000	7 345 000
Total Equity	141 000	134 000	186 000

Income (NOK)	2022	2021	2020
Revenue	589 000	546 000	225 000
Expenditure	112 000	67 000	64 000
Operating Profit	477 000	479 000	161 000
Financial Income	622 000	0	111 000
Financial Costs	1 091 000	544 000	60 000
Financial Balance	−469 000	−544 000	51 000
Earnings Before Tax	8 000	−65 000	212 000
Tax	2 000	−13 000	47 000
Net Income	6 000	−52 000	165 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	22 798 000	22 800 000	7 325 000
Total Current Assets	3 199 000	3 694 000	20 000
Total Assets	25 997 000	26 494 000	7 345 000
Total Retained Equity	120 000	114 000	165 000
Total Equity	141 000	134 000	186 000
Total Long-Term Debt	23 683 000	24 359 000	7 000 000
Total Current Debt	2 174 000	2 000 000	159 000
Total Equity and Debt	25 997 000	26 494 000	7 345 000

Cash flow (NOK)	2022	2021	2020
Sales Income	20 000	4 000	0
Other Income	570 000	542 000	225 000
Revenue	589 000	546 000	225 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	112 000	67 000	64 000
Operating Profit	477 000	479 000	161 000
Financial Income	622 000	0	111 000
Financial Costs	1 091 000	544 000	60 000
Financial Balance	−469 000	−544 000	51 000
Dividends	0	0	0
Net Income	6 000	−52 000	165 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	12 000	13 000	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	22 786 000	22 786 000	7 325 000
Total Fixed Assets	22 798 000	22 800 000	7 325 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	6 000	6 000	4 000
Total Current Assets	3 199 000	3 694 000	20 000
Total Assets	25 997 000	26 494 000	7 345 000
Total Equity	141 000	134 000	186 000
Short-Term Group Debt	1 884 000	0	52 000
Total Long-Term Debt	23 683 000	24 359 000	7 000 000
Creditors	8 000	32 000	38 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	282 000	1 967 000	22 000
Total Current Debt	2 174 000	2 000 000	159 000
Total Equity and Debt	25 997 000	26 494 000	7 345 000

Financial indicators	2022	2021	2020
Return on Equity	4,26 %	−38,81 %	88,71 %
Debt-to-Equity Ratio	167,96	181,78	37,63
Operating Profit Margin	80,98 %	87,73 %	71,56 %
Current Ratio	1,47	1,85	0,13
Quick Ratio	1,47	1,85	0,13
Equity Ratio	0,01	0,01	0,03
Gross Profit Margin	100 %	100 %	100 %