KUNST & KULTUR REGNSKAP AS

0164 OSLO

Finances

Share Ownership

Return on Equity

25,44 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 859 000	5 733 000	3 968 000	3 603 000
Net Income	272 000	328 000	181 000	149 000
Total Assets	2 675 000	2 131 000	1 528 000	1 285 000
Total Equity	1 069 000	797 000	468 000	287 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 859 000	5 733 000	3 968 000	3 603 000
Expenditure	7 492 000	5 302 000	3 730 000	3 411 000
Operating Profit	367 000	431 000	239 000	192 000
Financial Income	0	0	0	0
Financial Costs	18 000	10 000	6 000	0
Financial Balance	−18 000	−10 000	−6 000	0
Earnings Before Tax	349 000	421 000	232 000	192 000
Tax	77 000	93 000	51 000	42 000
Net Income	272 000	328 000	181 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	204 000	309 000	319 000	458 000
Total Current Assets	2 471 000	1 822 000	1 209 000	827 000
Total Assets	2 675 000	2 131 000	1 528 000	1 285 000
Total Retained Equity	969 000	697 000	368 000	187 000
Total Equity	1 069 000	797 000	468 000	287 000
Total Long-Term Debt	0	150 000	400 000	500 000
Total Current Debt	1 607 000	1 184 000	660 000	497 000
Total Equity and Debt	2 675 000	2 131 000	1 528 000	1 285 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 433 000	5 522 000	3 968 000	3 603 000
Other Income	426 000	211 000	0	0
Revenue	7 859 000	5 733 000	3 968 000	3 603 000
Cost of Goods Sold	1 237 000	720 000	467 000	523 000
Salary Costs	4 321 000	3 226 000	2 206 000	2 076 000
Depreciation	177 000	155 000	150 000	150 000
Impairment	0	0	0	0
Expenditure	7 492 000	5 302 000	3 730 000	3 411 000
Operating Profit	367 000	431 000	239 000	192 000
Financial Income	0	0	0	0
Financial Costs	18 000	10 000	6 000	0
Financial Balance	−18 000	−10 000	−6 000	0
Dividends	0	0	0	0
Net Income	272 000	328 000	181 000	149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	150 000	300 000	450 000
Total Intangible Assets	48 000	183 000	318 000	457 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	156 000	126 000	0	0
Total Tangible Assets	156 000	126 000	0	0
Total Fiancial Fixed Assets	0	0	1 000	1 000
Total Fixed Assets	204 000	309 000	319 000	458 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	843 000	624 000	601 000	278 000
Total Current Assets	2 471 000	1 822 000	1 209 000	827 000
Total Assets	2 675 000	2 131 000	1 528 000	1 285 000
Total Equity	1 069 000	797 000	468 000	287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	150 000	400 000	500 000
Creditors	572 000	353 000	98 000	56 000
Unpaid Taxes	537 000	404 000	261 000	199 000
Dividends	0	0	0	0
Other Current Debt	407 000	319 000	238 000	193 000
Total Current Debt	1 607 000	1 184 000	660 000	497 000
Total Equity and Debt	2 675 000	2 131 000	1 528 000	1 285 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,44 %	41,15 %	38,68 %	51,92 %
Debt-to-Equity Ratio	0	0,19	0,85	1,74
Operating Profit Margin	4,67 %	7,52 %	6,02 %	5,33 %
Current Ratio	1,54	1,54	1,83	1,66
Quick Ratio	1,54	1,54	1,83	1,66
Equity Ratio	0,4	0,37	0,31	0,22
Gross Profit Margin	84,26 %	87,44 %	88,23 %	85,48 %