KULTURHUSET EIENDOM AS

4307 SANDNES

Finances

Share Ownership

Return on Equity

−45,43 %

Current Ratio

1,78

Debt-to-Equity Ratio

−11,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	611 000	343 000	0	487 000
Net Income	154 000	−98 000	−408 000	−265 000
Total Assets	3 575 000	3 725 000	3 936 000	4 250 000
Total Equity	−339 000	−493 000	−395 000	13 000

Income (NOK)	2022	2021	2020	2019
Revenue	611 000	343 000	0	487 000
Expenditure	413 000	469 000	523 000	823 000
Operating Profit	198 000	−126 000	−523 000	−336 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	4 000
Financial Balance	0	0	1 000	−4 000
Earnings Before Tax	198 000	−126 000	−523 000	−340 000
Tax	43 000	−28 000	−115 000	−75 000
Net Income	154 000	−98 000	−408 000	−265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 269 000	3 604 000	3 913 000	4 135 000
Total Current Assets	306 000	122 000	23 000	115 000
Total Assets	3 575 000	3 725 000	3 936 000	4 250 000
Total Retained Equity	−677 000	−831 000	−732 000	−325 000
Total Equity	−339 000	−493 000	−395 000	13 000
Total Long-Term Debt	3 742 000	4 155 000	4 324 000	4 079 000
Total Current Debt	172 000	64 000	7 000	158 000
Total Equity and Debt	3 575 000	3 725 000	3 936 000	4 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	487 000
Other Income	611 000	343 000	0	0
Revenue	611 000	343 000	0	487 000
Cost of Goods Sold	0	0	2 000	0
Salary Costs	0	0	0	0
Depreciation	291 000	337 000	337 000	287 000
Impairment	0	0	0	0
Expenditure	413 000	469 000	523 000	823 000
Operating Profit	198 000	−126 000	−523 000	−336 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	4 000
Financial Balance	0	0	1 000	−4 000
Dividends	0	0	0	0
Net Income	154 000	−98 000	−408 000	−265 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	237 000	281 000	253 000	138 000
Real Eastate	2 982 000	3 122 000	3 262 000	3 402 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	201 000	397 000	594 000
Total Tangible Assets	3 032 000	3 323 000	3 660 000	3 996 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 269 000	3 604 000	3 913 000	4 135 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	203 000	36 000	9 000	6 000
Total Current Assets	306 000	122 000	23 000	115 000
Total Assets	3 575 000	3 725 000	3 936 000	4 250 000
Total Equity	−339 000	−493 000	−395 000	13 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 742 000	4 155 000	4 324 000	4 079 000
Creditors	17 000	7 000	7 000	158 000
Unpaid Taxes	135 000	57 000	0	0
Dividends	0	0	0	0
Other Current Debt	20 000	0	0	0
Total Current Debt	172 000	64 000	7 000	158 000
Total Equity and Debt	3 575 000	3 725 000	3 936 000	4 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,43 %	19,88 %	103,29 %	−2 038,46 %
Debt-to-Equity Ratio	−11,04	−8,43	−10,95	313,77
Operating Profit Margin	32,41 %	−36,73 %	-	−68,99 %
Current Ratio	1,78	1,91	3,29	0,73
Quick Ratio	1,78	1,91	3,29	0,73
Equity Ratio	−0,09	−0,13	−0,1	0
Gross Profit Margin	100 %	100 %	-	100 %