KUNSTPAUSEN AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

−34,94 %

Current Ratio

3,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	768 000	146 000	174 000	543 000
Net Income	−109 000	−322 000	−227 000	−47 000
Total Assets	438 000	560 000	176 000	418 000
Total Equity	312 000	421 000	−157 000	70 000

Income (NOK)	2022	2021	2020	2019
Revenue	768 000	146 000	174 000	543 000
Expenditure	882 000	469 000	401 000	588 000
Operating Profit	−114 000	−323 000	−229 000	−44 000
Financial Income	5 000	1 000	1 000	5 000
Financial Costs	0	0	0	8 000
Financial Balance	5 000	1 000	1 000	−3 000
Earnings Before Tax	−109 000	−322 000	−227 000	−47 000
Tax	0	0	0	0
Net Income	−109 000	−322 000	−227 000	−47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	11 000	22 000
Total Current Assets	438 000	560 000	165 000	397 000
Total Assets	438 000	560 000	176 000	418 000
Total Retained Equity	−688 000	−579 000	−257 000	−30 000
Total Equity	312 000	421 000	−157 000	70 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	127 000	139 000	334 000	349 000
Total Equity and Debt	438 000	560 000	176 000	418 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	768 000	146 000	174 000	543 000
Other Income	0	0	0	0
Revenue	768 000	146 000	174 000	543 000
Cost of Goods Sold	386 000	27 000	76 000	225 000
Salary Costs	37 000	20 000	23 000	16 000
Depreciation	0	11 000	10 000	14 000
Impairment	0	0	0	0
Expenditure	882 000	469 000	401 000	588 000
Operating Profit	−114 000	−323 000	−229 000	−44 000
Financial Income	5 000	1 000	1 000	5 000
Financial Costs	0	0	0	8 000
Financial Balance	5 000	1 000	1 000	−3 000
Dividends	0	0	0	0
Net Income	−109 000	−322 000	−227 000	−47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	11 000	22 000
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	0	0	0	0
Total Fixed Assets	0	0	11 000	22 000
Stock	11 000	8 000	5 000	10 000
Total Investments	0	0	0	0
Cash, Bank	401 000	424 000	150 000	371 000
Total Current Assets	438 000	560 000	165 000	397 000
Total Assets	438 000	560 000	176 000	418 000
Total Equity	312 000	421 000	−157 000	70 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	122 000	90 000	62 000	2 000
Unpaid Taxes	2 000	0	−28 000	12 000
Dividends	0	0	0	0
Other Current Debt	2 000	50 000	300 000	335 000
Total Current Debt	127 000	139 000	334 000	349 000
Total Equity and Debt	438 000	560 000	176 000	418 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,94 %	−76,48 %	144,59 %	−67,14 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	−14,84 %	−221,23 %	−131,61 %	−8,1 %
Current Ratio	3,45	4,03	0,49	1,14
Quick Ratio	3,78	4,27	0,5	1,17
Equity Ratio	0,71	0,75	−0,89	0,17
Gross Profit Margin	49,74 %	81,51 %	56,32 %	58,56 %