HARSTAD KULTURHUS AS

9404 HARSTAD

Finances

Return on Equity

9,67 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 078 000	21 808 000	19 856 000	25 236 000
Net Income	743 000	2 210 000	1 057 000	−1 618 000
Total Assets	16 916 000	14 216 000	10 892 000	10 341 000
Total Equity	7 681 000	6 938 000	4 728 000	3 671 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 078 000	21 808 000	19 856 000	25 236 000
Expenditure	24 332 000	19 600 000	18 800 000	26 850 000
Operating Profit	746 000	2 207 000	1 056 000	−1 613 000
Financial Income	1 000	4 000	1 000	4 000
Financial Costs	3 000	1 000	0	8 000
Financial Balance	−2 000	3 000	1 000	−4 000
Earnings Before Tax	743 000	2 210 000	1 057 000	−1 618 000
Tax	0	0	0	0
Net Income	743 000	2 210 000	1 057 000	−1 618 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 172 000	1 969 000	2 661 000	3 808 000
Total Current Assets	15 744 000	12 247 000	8 231 000	6 533 000
Total Assets	16 916 000	14 216 000	10 892 000	10 341 000
Total Retained Equity	6 381 000	5 638 000	3 428 000	2 371 000
Total Equity	7 681 000	6 938 000	4 728 000	3 671 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 235 000	7 278 000	6 164 000	6 670 000
Total Equity and Debt	16 916 000	14 216 000	10 892 000	10 341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 682 000	10 776 000	7 564 000	17 698 000
Other Income	9 396 000	11 032 000	12 293 000	7 539 000
Revenue	25 078 000	21 808 000	19 856 000	25 236 000
Cost of Goods Sold	6 021 000	3 881 000	3 861 000	8 299 000
Salary Costs	10 283 000	8 766 000	7 021 000	10 543 000
Depreciation	760 000	912 000	1 085 000	1 020 000
Impairment	0	0	0	0
Expenditure	24 332 000	19 600 000	18 800 000	26 850 000
Operating Profit	746 000	2 207 000	1 056 000	−1 613 000
Financial Income	1 000	4 000	1 000	4 000
Financial Costs	3 000	1 000	0	8 000
Financial Balance	−2 000	3 000	1 000	−4 000
Dividends	0	0	0	0
Net Income	743 000	2 210 000	1 057 000	−1 618 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 166 000	1 900 000	2 530 000	3 615 000
Total Tangible Assets	1 166 000	1 900 000	2 530 000	3 615 000
Total Fiancial Fixed Assets	6 000	69 000	131 000	194 000
Total Fixed Assets	1 172 000	1 969 000	2 661 000	3 808 000
Stock	214 000	196 000	167 000	218 000
Total Investments	0	0	0	0
Cash, Bank	11 229 000	9 736 000	5 398 000	4 168 000
Total Current Assets	15 744 000	12 247 000	8 231 000	6 533 000
Total Assets	16 916 000	14 216 000	10 892 000	10 341 000
Total Equity	7 681 000	6 938 000	4 728 000	3 671 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 952 000	3 412 000	2 160 000	3 936 000
Unpaid Taxes	630 000	549 000	405 000	536 000
Dividends	0	0	0	0
Other Current Debt	2 652 000	3 317 000	3 598 000	2 198 000
Total Current Debt	9 235 000	7 278 000	6 164 000	6 670 000
Total Equity and Debt	16 916 000	14 216 000	10 892 000	10 341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,67 %	31,85 %	22,36 %	−44,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,97 %	10,12 %	5,32 %	−6,39 %
Current Ratio	1,7	1,68	1,34	0,98
Quick Ratio	1,75	1,73	1,37	1,01
Equity Ratio	0,45	0,49	0,43	0,35
Gross Profit Margin	75,99 %	82,2 %	80,55 %	67,11 %