CULTURA SPAREBANK

0166 OSLO

Finances

Return on Equity

4,84 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 003 000	28 598 000	30 667 000	32 846 000
Net Income	6 463 000	2 083 000	4 327 000	6 719 000
Total Assets	1 489 094 000	1 396 350 000	1 226 346 000	1 112 511 000
Total Equity	133 425 000	128 098 000	126 984 000	104 661 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 003 000	28 598 000	30 667 000	32 846 000
Expenditure	31 115 000	26 853 000	23 861 000	24 305 000
Operating Profit	12 466 000	1 827 000	7 887 000	8 541 000
Financial Income	0	0	0	0
Financial Costs	2 138 000	−1 643 000	2 935 000	−287 000
Financial Balance	−2 138 000	1 643 000	−2 935 000	287 000
Earnings Before Tax	10 328 000	3 470 000	4 952 000	8 828 000
Tax	−2 299 000	−485 000	−1 056 000	2 109 000
Net Income	6 463 000	2 083 000	4 327 000	6 719 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 559 000	22 344 000	21 937 000	12 922 000
Total Current Assets	1 467 535 000	1 374 006 000	1 204 265 000	1 099 589 000
Total Assets	1 489 094 000	1 396 350 000	1 226 346 000	1 112 511 000
Total Retained Equity	33 977 000	28 680 000	27 573 000	20 279 000
Total Equity	133 425 000	128 098 000	126 984 000	104 661 000
Total Long-Term Debt	2 024 000	408 000	1 417 000	15 000 000
Total Current Debt	1 339 646 000	1 255 830 000	1 086 302 000	992 850 000
Total Equity and Debt	1 489 094 000	1 396 350 000	1 226 346 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	43 003 000	28 598 000	30 667 000	32 846 000
Cost of Goods Sold	0	0	0	0
Salary Costs	18 065 000	15 498 000	13 004 000	12 634 000
Depreciation	1 591 000	1 448 000	1 257 000	1 452 000
Impairment	0	0	0	0
Expenditure	31 115 000	26 853 000	23 861 000	24 305 000
Operating Profit	12 466 000	1 827 000	7 887 000	8 541 000
Financial Income	0	0	0	0
Financial Costs	2 138 000	−1 643 000	2 935 000	−287 000
Financial Balance	−2 138 000	1 643 000	−2 935 000	287 000
Dividends	0	0	0	0
Net Income	6 463 000	2 083 000	4 327 000	6 719 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 240 000	1 991 000	1 140 000	440 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	583 000
Total Tangible Assets	3 385 000	4 772 000	5 454 000	583 000
Total Fiancial Fixed Assets	16 934 000	15 581 000	15 343 000	11 899 000
Total Fixed Assets	21 559 000	22 344 000	21 937 000	12 922 000
Stock	0	0	0	0
Total Investments	453 128 000	381 125 000	319 186 000	284 476 000
Cash, Bank	0	0	0	0
Total Current Assets	1 467 535 000	1 374 006 000	1 204 265 000	1 099 589 000
Total Assets	1 489 094 000	1 396 350 000	1 226 346 000	1 112 511 000
Total Equity	133 425 000	128 098 000	126 984 000	104 661 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 024 000	408 000	1 417 000	15 000 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 353 535 000	1 267 735 000	1 097 836 000	992 770 000
Total Current Debt	1 339 646 000	1 255 830 000	1 086 302 000	992 850 000
Total Equity and Debt	1 489 094 000	1 396 350 000	1 226 346 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	4,84 %	1,63 %	3,41 %	6,42 %
Debt-to-Equity Ratio	0,02	0	0,01	0,14
Operating Profit Margin	28,99 %	6,39 %	25,72 %	26 %
Current Ratio	1,1	1,09	1,11	1,11
Quick Ratio	1,1	1,09	1,11	1,11
Equity Ratio	0,09	0,09	0,1	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %