ARE KULSVEEN HOLDING AS

2382 BRUMUNDDAL

Finances

Return on Equity

22,93 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 095 000	978 000	−25 000	1 978 000
Total Assets	6 092 000	6 142 000	6 774 000	6 851 000
Total Equity	4 775 000	5 305 000	5 827 000	5 931 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	30 000	22 000	25 000	22 000
Operating Profit	−30 000	−22 000	−25 000	−22 000
Financial Income	1 125 000	1 000 000	0	2 000 000
Financial Costs	0	0	0	0
Financial Balance	1 125 000	1 000 000	0	2 000 000
Earnings Before Tax	1 095 000	978 000	−25 000	1 978 000
Tax	0	0	0	0
Net Income	1 095 000	978 000	−25 000	1 978 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 090 000	5 990 000	5 990 000	5 990 000
Total Current Assets	3 000	152 000	785 000	861 000
Total Assets	6 092 000	6 142 000	6 774 000	6 851 000
Total Retained Equity	1 805 000	2 335 000	2 857 000	2 962 000
Total Equity	4 775 000	5 305 000	5 827 000	5 931 000
Total Long-Term Debt	0	320 000	0	0
Total Current Debt	1 318 000	517 000	947 000	919 000
Total Equity and Debt	6 092 000	6 142 000	6 774 000	6 851 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	30 000	22 000	25 000	22 000
Operating Profit	−30 000	−22 000	−25 000	−22 000
Financial Income	1 125 000	1 000 000	0	2 000 000
Financial Costs	0	0	0	0
Financial Balance	1 125 000	1 000 000	0	2 000 000
Dividends	0	1 500 000	80 000	650 000
Net Income	1 095 000	978 000	−25 000	1 978 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	6 090 000	5 990 000	5 990 000	5 990 000
Total Fixed Assets	6 090 000	5 990 000	5 990 000	5 990 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	84 000	4 000	4 000
Total Current Assets	3 000	152 000	785 000	861 000
Total Assets	6 092 000	6 142 000	6 774 000	6 851 000
Total Equity	4 775 000	5 305 000	5 827 000	5 931 000
Short-Term Group Debt	1 204 000	474 000	904 000	849 000
Total Long-Term Debt	0	320 000	0	0
Creditors	0	0	0	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	1 500 000	80 000	650 000
Other Current Debt	113 000	43 000	43 000	68 000
Total Current Debt	1 318 000	517 000	947 000	919 000
Total Equity and Debt	6 092 000	6 142 000	6 774 000	6 851 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,93 %	18,44 %	−0,43 %	33,35 %
Debt-to-Equity Ratio	0	0,06	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0	0,29	0,83	0,94
Quick Ratio	0	0,29	0,83	0,94
Equity Ratio	0,78	0,86	0,86	0,87
Gross Profit Margin	-	-	-	-