KULTURMINNECOMPAGNIET AS

7023 TRONDHEIM

Finances

Share Ownership

Return on Equity

105,46 %

Current Ratio

0,56

Debt-to-Equity Ratio

−0,09

Key figures (NOK)	2021	2020	2019	2018
Revenue	31 440 000	28 416 000	40 946 000	45 851 000
Net Income	−7 764 000	−2 229 000	40 000	1 015 000
Total Assets	9 364 000	10 499 000	13 733 000	15 914 000
Total Equity	−7 362 000	402 000	2 631 000	2 591 000

Income (NOK)	2021	2020	2019	2018
Revenue	31 440 000	28 416 000	40 946 000	45 851 000
Expenditure	38 216 000	30 733 000	40 679 000	44 259 000
Operating Profit	−6 777 000	−2 318 000	266 000	1 591 000
Financial Income	2 000	0	−4 000	0
Financial Costs	684 000	453 000	209 000	272 000
Financial Balance	−682 000	−453 000	−213 000	−272 000
Earnings Before Tax	−7 459 000	−2 771 000	54 000	1 319 000
Tax	305 000	−542 000	14 000	304 000
Net Income	−7 764 000	−2 229 000	40 000	1 015 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	377 000	2 792 000	3 093 000	3 059 000
Total Current Assets	8 987 000	7 707 000	10 640 000	12 855 000
Total Assets	9 364 000	10 499 000	13 733 000	15 914 000
Total Retained Equity	−7 462 000	302 000	2 531 000	2 491 000
Total Equity	−7 362 000	402 000	2 631 000	2 591 000
Total Long-Term Debt	630 000	990 000	0	0
Total Current Debt	16 097 000	9 108 000	11 103 000	13 323 000
Total Equity and Debt	9 364 000	10 499 000	13 733 000	15 914 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	31 437 000	28 474 000	40 826 000	45 493 000
Other Income	3 000	−58 000	120 000	358 000
Revenue	31 440 000	28 416 000	40 946 000	45 851 000
Cost of Goods Sold	14 736 000	8 925 000	17 509 000	22 044 000
Salary Costs	14 348 000	16 278 000	17 780 000	15 783 000
Depreciation	292 000	449 000	504 000	470 000
Impairment	1 832 000	0	0	0
Expenditure	38 216 000	30 733 000	40 679 000	44 259 000
Operating Profit	−6 777 000	−2 318 000	266 000	1 591 000
Financial Income	2 000	0	−4 000	0
Financial Costs	684 000	453 000	209 000	272 000
Financial Balance	−682 000	−453 000	−213 000	−272 000
Dividends	0	0	0	0
Net Income	−7 764 000	−2 229 000	40 000	1 015 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	305 000	309 000	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	377 000	2 487 000	2 784 000	3 043 000
Total Tangible Assets	377 000	2 487 000	2 784 000	3 043 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	377 000	2 792 000	3 093 000	3 059 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	189 000	1 145 000	607 000
Total Current Assets	8 987 000	7 707 000	10 640 000	12 855 000
Total Assets	9 364 000	10 499 000	13 733 000	15 914 000
Total Equity	−7 362 000	402 000	2 631 000	2 591 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	630 000	990 000	0	0
Creditors	4 894 000	1 493 000	3 675 000	4 692 000
Unpaid Taxes	3 155 000	3 547 000	3 063 000	2 832 000
Dividends	0	0	0	0
Other Current Debt	5 985 000	2 051 000	4 059 000	5 548 000
Total Current Debt	16 097 000	9 108 000	11 103 000	13 323 000
Total Equity and Debt	9 364 000	10 499 000	13 733 000	15 914 000

Financial indicators	2021	2020	2019	2018
Return on Equity	105,46 %	−554,48 %	1,52 %	39,17 %
Debt-to-Equity Ratio	−0,09	2,46	0	0
Operating Profit Margin	−21,56 %	−8,16 %	0,65 %	3,47 %
Current Ratio	0,56	0,85	0,96	0,96
Quick Ratio	0,56	0,85	0,96	0,96
Equity Ratio	−0,79	0,04	0,19	0,16
Gross Profit Margin	53,13 %	68,59 %	57,24 %	51,92 %