NORDRE KULLERØD 21A AS

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

9,43 %

Current Ratio

0,11

Debt-to-Equity Ratio

2,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 610 000	2 379 000	2 155 000	2 069 000
Net Income	785 000	790 000	861 000	789 000
Total Assets	28 514 000	12 749 000	13 530 000	13 979 000
Total Equity	8 326 000	8 282 000	8 205 000	8 947 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 610 000	2 379 000	2 155 000	2 069 000
Expenditure	1 594 000	1 300 000	949 000	982 000
Operating Profit	1 017 000	1 079 000	1 205 000	1 087 000
Financial Income	295 000	0	0	−22 000
Financial Costs	305 000	67 000	101 000	54 000
Financial Balance	−10 000	−67 000	−101 000	−76 000
Earnings Before Tax	1 007 000	1 013 000	1 104 000	1 012 000
Tax	222 000	223 000	243 000	223 000
Net Income	785 000	790 000	861 000	789 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 357 000	12 427 000	13 220 000	13 504 000
Total Current Assets	156 000	322 000	310 000	475 000
Total Assets	28 514 000	12 749 000	13 530 000	13 979 000
Total Retained Equity	4 654 000	4 610 000	4 533 000	5 275 000
Total Equity	8 326 000	8 282 000	8 205 000	8 947 000
Total Long-Term Debt	18 785 000	3 327 000	3 410 000	3 499 000
Total Current Debt	1 402 000	1 140 000	1 915 000	1 533 000
Total Equity and Debt	28 514 000	12 749 000	13 530 000	13 979 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 610 000	2 379 000	2 155 000	2 069 000
Other Income	0	0	0	0
Revenue	2 610 000	2 379 000	2 155 000	2 069 000
Cost of Goods Sold	646 000	456 000	244 000	277 000
Salary Costs	0	0	0	0
Depreciation	284 000	245 000	240 000	238 000
Impairment	0	0	0	0
Expenditure	1 594 000	1 300 000	949 000	982 000
Operating Profit	1 017 000	1 079 000	1 205 000	1 087 000
Financial Income	295 000	0	0	−22 000
Financial Costs	305 000	67 000	101 000	54 000
Financial Balance	−10 000	−67 000	−101 000	−76 000
Dividends	0	0	800 000	400 000
Net Income	785 000	790 000	861 000	789 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 107 000	11 137 000	11 113 000	10 992 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	163 000	90 000	38 000	41 000
Total Tangible Assets	11 270 000	11 228 000	11 151 000	11 033 000
Total Fiancial Fixed Assets	17 087 000	1 200 000	2 069 000	2 471 000
Total Fixed Assets	28 357 000	12 427 000	13 220 000	13 504 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	5 000	111 000	290 000
Total Current Assets	156 000	322 000	310 000	475 000
Total Assets	28 514 000	12 749 000	13 530 000	13 979 000
Total Equity	8 326 000	8 282 000	8 205 000	8 947 000
Short-Term Group Debt	950 000	914 000	1 030 000	775 000
Total Long-Term Debt	18 785 000	3 327 000	3 410 000	3 499 000
Creditors	163 000	142 000	6 000	96 000
Unpaid Taxes	0	0	51 000	9 000
Dividends	0	0	800 000	400 000
Other Current Debt	290 000	85 000	29 000	253 000
Total Current Debt	1 402 000	1 140 000	1 915 000	1 533 000
Total Equity and Debt	28 514 000	12 749 000	13 530 000	13 979 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,43 %	9,54 %	10,49 %	8,82 %
Debt-to-Equity Ratio	2,26	0,4	0,42	0,39
Operating Profit Margin	38,97 %	45,36 %	55,92 %	52,54 %
Current Ratio	0,11	0,28	0,16	0,31
Quick Ratio	0,11	0,28	0,16	0,31
Equity Ratio	0,29	0,65	0,61	0,64
Gross Profit Margin	75,25 %	80,83 %	88,68 %	86,61 %