KULLTANGVEGEN 5 AS

3933 PORSGRUNN

Finances

Share Ownership

Return on Equity

62,49 %

Current Ratio

0,57

Debt-to-Equity Ratio

1,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	670 000	655 000	601 000	632 000
Net Income	1 193 000	66 000	149 000	14 000
Total Assets	4 425 000	2 919 000	2 882 000	2 999 000
Total Equity	1 909 000	716 000	650 000	501 000

Income (NOK)	2022	2021	2020	2019
Revenue	670 000	655 000	601 000	632 000
Expenditure	−935 000	511 000	337 000	521 000
Operating Profit	1 605 000	144 000	264 000	111 000
Financial Income	2 000	2 000	0	0
Financial Costs	77 000	61 000	74 000	94 000
Financial Balance	−75 000	−59 000	−74 000	−94 000
Earnings Before Tax	1 530 000	85 000	191 000	18 000
Tax	337 000	19 000	42 000	4 000
Net Income	1 193 000	66 000	149 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 140 000	2 771 000	2 855 000	2 939 000
Total Current Assets	285 000	148 000	27 000	60 000
Total Assets	4 425 000	2 919 000	2 882 000	2 999 000
Total Retained Equity	1 789 000	596 000	530 000	381 000
Total Equity	1 909 000	716 000	650 000	501 000
Total Long-Term Debt	2 011 000	1 893 000	2 059 000	2 240 000
Total Current Debt	504 000	310 000	173 000	257 000
Total Equity and Debt	4 425 000	2 919 000	2 882 000	2 999 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	122 000	104 000	94 000	139 000
Other Income	548 000	551 000	507 000	493 000
Revenue	670 000	655 000	601 000	632 000
Cost of Goods Sold	111 000	76 000	78 000	93 000
Salary Costs	0	0	0	0
Depreciation	−1 322 000	91 000	91 000	91 000
Impairment	0	0	0	0
Expenditure	−935 000	511 000	337 000	521 000
Operating Profit	1 605 000	144 000	264 000	111 000
Financial Income	2 000	2 000	0	0
Financial Costs	77 000	61 000	74 000	94 000
Financial Balance	−75 000	−59 000	−74 000	−94 000
Dividends	0	0	0	0
Net Income	1 193 000	66 000	149 000	14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	23 000	16 000	10 000
Real Eastate	4 140 000	2 748 000	2 839 000	2 929 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 140 000	2 748 000	2 839 000	2 929 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 140 000	2 771 000	2 855 000	2 939 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	10 000	9 000	47 000
Total Current Assets	285 000	148 000	27 000	60 000
Total Assets	4 425 000	2 919 000	2 882 000	2 999 000
Total Equity	1 909 000	716 000	650 000	501 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 011 000	1 893 000	2 059 000	2 240 000
Creditors	60 000	54 000	20 000	139 000
Unpaid Taxes	0	6 000	28 000	29 000
Dividends	0	0	0	0
Other Current Debt	411 000	223 000	77 000	80 000
Total Current Debt	504 000	310 000	173 000	257 000
Total Equity and Debt	4 425 000	2 919 000	2 882 000	2 999 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,49 %	9,22 %	22,92 %	2,79 %
Debt-to-Equity Ratio	1,05	2,64	3,17	4,47
Operating Profit Margin	239,55 %	21,98 %	43,93 %	17,56 %
Current Ratio	0,57	0,48	0,16	0,23
Quick Ratio	0,57	0,48	0,16	0,23
Equity Ratio	0,43	0,25	0,23	0,17
Gross Profit Margin	83,43 %	88,4 %	87,02 %	85,28 %