KULTORP HOLDING AS

1734 HAFSLUNDSØY

Finances

Return on Equity

17,25 %

Current Ratio

41,58

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	135 000	319 000	197 000	3 409 000
Net Income	981 000	53 000	−82 000	1 262 000
Total Assets	6 562 000	5 628 000	5 046 000	7 419 000
Total Equity	5 687 000	4 706 000	4 737 000	4 819 000

Income (NOK)	2022	2021	2020	2019
Revenue	135 000	319 000	197 000	3 409 000
Expenditure	175 000	253 000	307 000	1 945 000
Operating Profit	−40 000	66 000	−110 000	1 464 000
Financial Income	1 016 000	3 000	7 000	137 000
Financial Costs	0	0	2 000	1 000
Financial Balance	1 016 000	3 000	5 000	136 000
Earnings Before Tax	976 000	69 000	−104 000	1 600 000
Tax	−5 000	15 000	−22 000	338 000
Net Income	981 000	53 000	−82 000	1 262 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 693 000	3 742 000	3 918 000	2 009 000
Total Current Assets	2 869 000	1 886 000	1 128 000	5 409 000
Total Assets	6 562 000	5 628 000	5 046 000	7 419 000
Total Retained Equity	5 587 000	4 606 000	4 637 000	4 719 000
Total Equity	5 687 000	4 706 000	4 737 000	4 819 000
Total Long-Term Debt	806 000	203 000	239 000	309 000
Total Current Debt	69 000	719 000	70 000	2 291 000
Total Equity and Debt	6 562 000	5 628 000	5 046 000	7 419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	3 080 000
Other Income	135 000	319 000	197 000	329 000
Revenue	135 000	319 000	197 000	3 409 000
Cost of Goods Sold	0	0	0	611 000
Salary Costs	0	0	25 000	734 000
Depreciation	49 000	92 000	92 000	97 000
Impairment	0	0	0	0
Expenditure	175 000	253 000	307 000	1 945 000
Operating Profit	−40 000	66 000	−110 000	1 464 000
Financial Income	1 016 000	3 000	7 000	137 000
Financial Costs	0	0	2 000	1 000
Financial Balance	1 016 000	3 000	5 000	136 000
Dividends	0	84 000	0	400 000
Net Income	981 000	53 000	−82 000	1 262 000

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	28 000	77 000	252 000	344 000
Total Tangible Assets	28 000	77 000	252 000	344 000
Total Fiancial Fixed Assets	3 665 000	3 665 000	3 665 000	1 665 000
Total Fixed Assets	3 693 000	3 742 000	3 918 000	2 009 000
Stock	0	13 000	13 000	13 000
Total Investments	0	0	0	0
Cash, Bank	2 869 000	1 841 000	985 000	3 232 000
Total Current Assets	2 869 000	1 886 000	1 128 000	5 409 000
Total Assets	6 562 000	5 628 000	5 046 000	7 419 000
Total Equity	5 687 000	4 706 000	4 737 000	4 819 000
Short-Term Group Debt	0	650 000	0	2 110 000
Total Long-Term Debt	806 000	203 000	239 000	309 000
Creditors	6 000	7 000	13 000	9 000
Unpaid Taxes	9 000	0	0	67 000
Dividends	0	84 000	0	400 000
Other Current Debt	10 000	10 000	10 000	76 000
Total Current Debt	69 000	719 000	70 000	2 291 000
Total Equity and Debt	6 562 000	5 628 000	5 046 000	7 419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,25 %	1,13 %	−1,73 %	26,19 %
Debt-to-Equity Ratio	0,14	0,04	0,05	0,06
Operating Profit Margin	−29,63 %	20,69 %	−55,84 %	42,95 %
Current Ratio	41,58	2,62	16,11	2,36
Quick Ratio	41,58	2,67	19,79	2,37
Equity Ratio	0,87	0,84	0,94	0,65
Gross Profit Margin	100 %	100 %	100 %	82,08 %