KULLKAIEN AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

19,61 %

Current Ratio

0,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	360 000	463 000	531 000	561 000
Net Income	249 000	330 000	377 000	398 000
Total Assets	1 824 000	1 794 000	1 791 000	1 802 000
Total Equity	1 270 000	1 270 000	1 270 000	1 270 000

Income (NOK)	2022	2021	2020	2019
Revenue	360 000	463 000	531 000	561 000
Expenditure	41 000	39 000	49 000	41 000
Operating Profit	319 000	423 000	482 000	520 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	11 000
Financial Balance	0	0	0	−11 000
Earnings Before Tax	319 000	423 000	483 000	510 000
Tax	70 000	93 000	106 000	112 000
Net Income	249 000	330 000	377 000	398 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 596 000	1 596 000	1 596 000	1 596 000
Total Current Assets	228 000	198 000	195 000	206 000
Total Assets	1 824 000	1 794 000	1 791 000	1 802 000
Total Retained Equity	753 000	753 000	753 000	752 000
Total Equity	1 270 000	1 270 000	1 270 000	1 270 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	554 000	524 000	521 000	532 000
Total Equity and Debt	1 824 000	1 794 000	1 791 000	1 802 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	360 000	463 000	531 000	561 000
Other Income	0	0	0	0
Revenue	360 000	463 000	531 000	561 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	41 000	39 000	49 000	41 000
Operating Profit	319 000	423 000	482 000	520 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	11 000
Financial Balance	0	0	0	−11 000
Dividends	0	0	0	0
Net Income	249 000	330 000	377 000	398 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 596 000	1 596 000	1 596 000	1 596 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 596 000	1 596 000	1 596 000	1 596 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 596 000	1 596 000	1 596 000	1 596 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	226 000	129 000	73 000	172 000
Total Current Assets	228 000	198 000	195 000	206 000
Total Assets	1 824 000	1 794 000	1 791 000	1 802 000
Total Equity	1 270 000	1 270 000	1 270 000	1 270 000
Short-Term Group Debt	542 000	447 000	497 000	510 000
Total Long-Term Debt	0	0	0	0
Creditors	12 000	77 000	24 000	22 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	554 000	524 000	521 000	532 000
Total Equity and Debt	1 824 000	1 794 000	1 791 000	1 802 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,61 %	25,98 %	29,69 %	31,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	88,61 %	91,36 %	90,77 %	92,69 %
Current Ratio	0,41	0,38	0,37	0,39
Quick Ratio	0,41	0,38	0,37	0,39
Equity Ratio	0,7	0,71	0,71	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %