KULDE- & VARMETEKNIKK AS

9310 SØRREISA

Finances

Share Ownership

Return on Equity

10,34 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 128 000	1 668 000	1 624 000	1 259 000
Net Income	36 000	52 000	116 000	−110 000
Total Assets	1 058 000	629 000	688 000	328 000
Total Equity	348 000	312 000	260 000	144 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 128 000	1 668 000	1 624 000	1 259 000
Expenditure	2 092 000	1 616 000	1 507 000	1 370 000
Operating Profit	36 000	51 000	116 000	−110 000
Financial Income	1 000	1 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	1 000	0	0
Earnings Before Tax	36 000	52 000	116 000	−110 000
Tax	0	0	0	0
Net Income	36 000	52 000	116 000	−110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 000	76 000	15 000	30 000
Total Current Assets	1 000 000	553 000	673 000	298 000
Total Assets	1 058 000	629 000	688 000	328 000
Total Retained Equity	248 000	212 000	160 000	44 000
Total Equity	348 000	312 000	260 000	144 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	709 000	317 000	428 000	184 000
Total Equity and Debt	1 058 000	629 000	688 000	328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 128 000	1 668 000	1 624 000	1 259 000
Other Income	0	0	0	0
Revenue	2 128 000	1 668 000	1 624 000	1 259 000
Cost of Goods Sold	1 334 000	1 036 000	983 000	747 000
Salary Costs	454 000	357 000	259 000	361 000
Depreciation	9 000	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	2 092 000	1 616 000	1 507 000	1 370 000
Operating Profit	36 000	51 000	116 000	−110 000
Financial Income	1 000	1 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	1 000	0	0
Dividends	0	0	0	0
Net Income	36 000	52 000	116 000	−110 000

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	17 000	25 000	12 000	17 000
Total Tangible Assets	17 000	25 000	12 000	17 000
Total Fiancial Fixed Assets	41 000	51 000	3 000	13 000
Total Fixed Assets	57 000	76 000	15 000	30 000
Stock	430 000	216 000	109 000	91 000
Total Investments	0	0	0	0
Cash, Bank	465 000	298 000	242 000	201 000
Total Current Assets	1 000 000	553 000	673 000	298 000
Total Assets	1 058 000	629 000	688 000	328 000
Total Equity	348 000	312 000	260 000	144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	429 000	206 000	268 000	88 000
Unpaid Taxes	117 000	75 000	132 000	57 000
Dividends	0	0	0	0
Other Current Debt	164 000	36 000	27 000	39 000
Total Current Debt	709 000	317 000	428 000	184 000
Total Equity and Debt	1 058 000	629 000	688 000	328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,34 %	16,67 %	44,62 %	−76,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,69 %	3,06 %	7,14 %	−8,74 %
Current Ratio	1,41	1,74	1,57	1,62
Quick Ratio	3,58	5,48	2,11	3,2
Equity Ratio	0,33	0,5	0,38	0,44
Gross Profit Margin	37,31 %	37,89 %	39,47 %	40,67 %