CULINARY GROUP AS

3580 GEILO

Finances

Share Ownership

Return on Equity

33,27 %

Current Ratio

4,94

Debt-to-Equity Ratio

−25,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	128 000	849 000	706 000	0
Net Income	−170 000	365 000	554 000	−1 680 000
Total Assets	12 529 000	12 922 000	12 691 000	12 199 000
Total Equity	−511 000	−341 000	−706 000	−1 260 000

Income (NOK)	2022	2021	2020	2019
Revenue	128 000	849 000	706 000	0
Expenditure	123 000	266 000	7 000	2 000
Operating Profit	6 000	583 000	700 000	−2 000
Financial Income	0	0	−146 000	0
Financial Costs	176 000	218 000	0	1 678 000
Financial Balance	−176 000	−218 000	−146 000	−1 678 000
Earnings Before Tax	−170 000	365 000	554 000	−1 680 000
Tax	0	0	0	0
Net Income	−170 000	365 000	554 000	−1 680 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000 000	12 000 000	12 000 000	12 000 000
Total Current Assets	529 000	922 000	691 000	199 000
Total Assets	12 529 000	12 922 000	12 691 000	12 199 000
Total Retained Equity	−611 000	−441 000	−1 606 000	−1 360 000
Total Equity	−511 000	−341 000	−706 000	−1 260 000
Total Long-Term Debt	12 933 000	13 098 000	13 157 000	13 459 000
Total Current Debt	107 000	164 000	240 000	0
Total Equity and Debt	12 529 000	12 922 000	12 691 000	12 199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	128 000	849 000	706 000	0
Other Income	0	0	0	0
Revenue	128 000	849 000	706 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	110 000	−47 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	123 000	266 000	7 000	2 000
Operating Profit	6 000	583 000	700 000	−2 000
Financial Income	0	0	−146 000	0
Financial Costs	176 000	218 000	0	1 678 000
Financial Balance	−176 000	−218 000	−146 000	−1 678 000
Dividends	0	0	0	0
Net Income	−170 000	365 000	554 000	−1 680 000

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	12 000 000	12 000 000	12 000 000	12 000 000
Total Fixed Assets	12 000 000	12 000 000	12 000 000	12 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	283 000	53 000	199 000
Total Current Assets	529 000	922 000	691 000	199 000
Total Assets	12 529 000	12 922 000	12 691 000	12 199 000
Total Equity	−511 000	−341 000	−706 000	−1 260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 933 000	13 098 000	13 157 000	13 459 000
Creditors	7 000	7 000	0	0
Unpaid Taxes	28 000	157 000	181 000	0
Dividends	0	0	0	0
Other Current Debt	71 000	0	59 000	0
Total Current Debt	107 000	164 000	240 000	0
Total Equity and Debt	12 529 000	12 922 000	12 691 000	12 199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,27 %	−107,04 %	−78,47 %	133,33 %
Debt-to-Equity Ratio	−25,31	−38,41	−18,64	−10,68
Operating Profit Margin	4,69 %	68,67 %	99,15 %	-
Current Ratio	4,94	5,62	2,88	-
Quick Ratio	4,94	5,62	2,88	-
Equity Ratio	−0,04	−0,03	−0,06	−0,1
Gross Profit Margin	100 %	100 %	100 %	-