KULTURSENTRUM AS

3510 HØNEFOSS

Finances

Return on Equity

−21,21 %

Current Ratio

2,17

Debt-to-Equity Ratio

6,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	799 000	636 000	565 000	653 000
Net Income	−109 000	−42 000	18 000	−15 000
Total Assets	3 755 000	3 999 000	4 033 000	4 063 000
Total Equity	514 000	623 000	665 000	647 000

Income (NOK)	2022	2021	2020	2019
Revenue	799 000	636 000	565 000	653 000
Expenditure	875 000	635 000	483 000	614 000
Operating Profit	−76 000	0	82 000	39 000
Financial Income	0	0	0	0
Financial Costs	64 000	53 000	59 000	59 000
Financial Balance	−64 000	−53 000	−59 000	−59 000
Earnings Before Tax	−140 000	−53 000	23 000	−20 000
Tax	−31 000	−12 000	5 000	−4 000
Net Income	−109 000	−42 000	18 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 470 000	3 559 000	3 648 000	3 737 000
Total Current Assets	286 000	441 000	385 000	325 000
Total Assets	3 755 000	3 999 000	4 033 000	4 063 000
Total Retained Equity	410 000	519 000	561 000	543 000
Total Equity	514 000	623 000	665 000	647 000
Total Long-Term Debt	3 110 000	3 188 000	3 248 000	3 287 000
Total Current Debt	132 000	188 000	120 000	129 000
Total Equity and Debt	3 755 000	3 999 000	4 033 000	4 063 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	242 000	76 000	31 000	0
Other Income	557 000	560 000	534 000	653 000
Revenue	799 000	636 000	565 000	653 000
Cost of Goods Sold	111 000	313 000	224 000	306 000
Salary Costs	39 000	31 000	28 000	45 000
Depreciation	89 000	89 000	89 000	91 000
Impairment	0	0	0	0
Expenditure	875 000	635 000	483 000	614 000
Operating Profit	−76 000	0	82 000	39 000
Financial Income	0	0	0	0
Financial Costs	64 000	53 000	59 000	59 000
Financial Balance	−64 000	−53 000	−59 000	−59 000
Dividends	0	0	0	0
Net Income	−109 000	−42 000	18 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 470 000	3 559 000	3 648 000	3 737 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 470 000	3 559 000	3 648 000	3 737 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 470 000	3 559 000	3 648 000	3 737 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	27 000	0	13 000
Total Current Assets	286 000	441 000	385 000	325 000
Total Assets	3 755 000	3 999 000	4 033 000	4 063 000
Total Equity	514 000	623 000	665 000	647 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 110 000	3 188 000	3 248 000	3 287 000
Creditors	112 000	172 000	117 000	107 000
Unpaid Taxes	16 000	13 000	1 000	18 000
Dividends	0	0	0	0
Other Current Debt	4 000	3 000	3 000	5 000
Total Current Debt	132 000	188 000	120 000	129 000
Total Equity and Debt	3 755 000	3 999 000	4 033 000	4 063 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,21 %	−6,74 %	2,71 %	−2,32 %
Debt-to-Equity Ratio	6,05	5,12	4,88	5,08
Operating Profit Margin	−9,51 %	0 %	14,51 %	5,97 %
Current Ratio	2,17	2,35	3,21	2,52
Quick Ratio	2,17	2,35	3,21	2,52
Equity Ratio	0,14	0,16	0,16	0,16
Gross Profit Margin	86,11 %	50,79 %	60,35 %	53,14 %