KULTURAKADEMIET AS

0376 OSLO

Finances

Share Ownership

Return on Equity

21,9 %

Current Ratio

0,6

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 898 000	21 910 000	10 292 000	15 275 000
Net Income	−203 000	1 108 000	−974 000	243 000
Total Assets	6 779 000	5 238 000	4 162 000	4 872 000
Total Equity	−927 000	−724 000	−1 832 000	−719 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 898 000	21 910 000	10 292 000	15 275 000
Expenditure	36 970 000	20 792 000	11 211 000	14 946 000
Operating Profit	−72 000	1 118 000	−919 000	329 000
Financial Income	68 000	35 000	5 000	5 000
Financial Costs	199 000	45 000	60 000	91 000
Financial Balance	−131 000	−10 000	−55 000	−86 000
Earnings Before Tax	−203 000	1 108 000	−974 000	243 000
Tax	0	0	0	0
Net Income	−203 000	1 108 000	−974 000	243 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 192 000	28 000	14 000	24 000
Total Current Assets	4 586 000	5 209 000	4 148 000	4 848 000
Total Assets	6 779 000	5 238 000	4 162 000	4 872 000
Total Retained Equity	−1 827 000	−1 624 000	−2 732 000	−1 619 000
Total Equity	−927 000	−724 000	−1 832 000	−719 000
Total Long-Term Debt	0	0	718 000	0
Total Current Debt	7 706 000	5 962 000	5 276 000	5 591 000
Total Equity and Debt	6 779 000	5 238 000	4 162 000	4 872 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 898 000	21 910 000	10 292 000	15 275 000
Other Income	0	0	0	0
Revenue	36 898 000	21 910 000	10 292 000	15 275 000
Cost of Goods Sold	14 780 000	8 510 000	4 680 000	6 415 000
Salary Costs	12 161 000	7 744 000	3 294 000	3 677 000
Depreciation	31 000	12 000	10 000	6 000
Impairment	0	0	0	0
Expenditure	36 970 000	20 792 000	11 211 000	14 946 000
Operating Profit	−72 000	1 118 000	−919 000	329 000
Financial Income	68 000	35 000	5 000	5 000
Financial Costs	199 000	45 000	60 000	91 000
Financial Balance	−131 000	−10 000	−55 000	−86 000
Dividends	0	0	0	0
Net Income	−203 000	1 108 000	−974 000	243 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 174 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	28 000	14 000	24 000
Total Tangible Assets	2 192 000	28 000	14 000	24 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 192 000	28 000	14 000	24 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 019 000	4 041 000	226 000	634 000
Total Current Assets	4 586 000	5 209 000	4 148 000	4 848 000
Total Assets	6 779 000	5 238 000	4 162 000	4 872 000
Total Equity	−927 000	−724 000	−1 832 000	−719 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	718 000	0
Creditors	289 000	302 000	114 000	190 000
Unpaid Taxes	1 230 000	1 108 000	298 000	300 000
Dividends	0	0	0	0
Other Current Debt	6 187 000	4 551 000	4 864 000	5 101 000
Total Current Debt	7 706 000	5 962 000	5 276 000	5 591 000
Total Equity and Debt	6 779 000	5 238 000	4 162 000	4 872 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,9 %	−153,04 %	53,17 %	−33,8 %
Debt-to-Equity Ratio	−0	−0	−0,39	−0
Operating Profit Margin	−0,2 %	5,1 %	−8,93 %	2,15 %
Current Ratio	0,6	0,87	0,79	0,87
Quick Ratio	0,6	0,87	0,79	0,87
Equity Ratio	−0,14	−0,14	−0,44	−0,15
Gross Profit Margin	59,94 %	61,16 %	54,53 %	58 %