KULÅS PARK UTVIKLING AS

1664 ROLVSØY

Finances

Share Ownership

Return on Equity

8,01 %

Current Ratio

4,45

Debt-to-Equity Ratio

−7,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	983 000	900 000	918 000	757 000
Net Income	−171 000	−86 000	−44 000	79 000
Total Assets	13 341 000	13 380 000	13 413 000	9 225 000
Total Equity	−2 136 000	−1 965 000	−1 880 000	−1 835 000

Income (NOK)	2022	2021	2020	2019
Revenue	983 000	900 000	918 000	757 000
Expenditure	646 000	638 000	601 000	322 000
Operating Profit	337 000	261 000	317 000	434 000
Financial Income	0	0	0	0
Financial Costs	508 000	347 000	362 000	355 000
Financial Balance	−508 000	−347 000	−362 000	−355 000
Earnings Before Tax	−171 000	−86 000	−44 000	79 000
Tax	0	0	0	0
Net Income	−171 000	−86 000	−44 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 834 000	13 009 000	13 081 000	9 031 000
Total Current Assets	507 000	371 000	332 000	194 000
Total Assets	13 341 000	13 380 000	13 413 000	9 225 000
Total Retained Equity	−2 736 000	−2 565 000	−2 480 000	−2 435 000
Total Equity	−2 136 000	−1 965 000	−1 880 000	−1 835 000
Total Long-Term Debt	15 363 000	15 269 000	15 201 000	11 031 000
Total Current Debt	114 000	76 000	92 000	29 000
Total Equity and Debt	13 341 000	13 380 000	13 413 000	9 225 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	983 000	900 000	918 000	757 000
Revenue	983 000	900 000	918 000	757 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	175 000	166 000	150 000	99 000
Impairment	0	0	0	0
Expenditure	646 000	638 000	601 000	322 000
Operating Profit	337 000	261 000	317 000	434 000
Financial Income	0	0	0	0
Financial Costs	508 000	347 000	362 000	355 000
Financial Balance	−508 000	−347 000	−362 000	−355 000
Dividends	0	0	0	0
Net Income	−171 000	−86 000	−44 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 727 000	12 867 000	13 007 000	9 031 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	107 000	142 000	74 000	0
Total Tangible Assets	12 834 000	13 009 000	13 081 000	9 031 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 834 000	13 009 000	13 081 000	9 031 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	470 000	329 000	296 000	162 000
Total Current Assets	507 000	371 000	332 000	194 000
Total Assets	13 341 000	13 380 000	13 413 000	9 225 000
Total Equity	−2 136 000	−1 965 000	−1 880 000	−1 835 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 363 000	15 269 000	15 201 000	11 031 000
Creditors	67 000	51 000	69 000	12 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	48 000	25 000	23 000	17 000
Total Current Debt	114 000	76 000	92 000	29 000
Total Equity and Debt	13 341 000	13 380 000	13 413 000	9 225 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,01 %	4,38 %	2,34 %	−4,31 %
Debt-to-Equity Ratio	−7,19	−7,77	−8,09	−6,01
Operating Profit Margin	34,28 %	29 %	34,53 %	57,33 %
Current Ratio	4,45	4,88	3,61	6,69
Quick Ratio	4,45	4,88	3,61	6,69
Equity Ratio	−0,16	−0,15	−0,14	−0,2
Gross Profit Margin	100 %	100 %	100 %	100 %