KULEN EIENDOM AS

6701 MÅLØY

Finances

Return on Equity

2,68 %

Current Ratio

0,05

Debt-to-Equity Ratio

5,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	606 000	591 000	494 000	653 000
Net Income	13 000	47 000	6 000	−440 000
Total Assets	4 871 000	4 768 000	4 867 000	5 035 000
Total Equity	485 000	472 000	425 000	419 000

Income (NOK)	2022	2021	2020	2019
Revenue	606 000	591 000	494 000	653 000
Expenditure	458 000	407 000	350 000	511 000
Operating Profit	148 000	184 000	144 000	142 000
Financial Income	8 000	6 000	5 000	0
Financial Costs	140 000	130 000	142 000	582 000
Financial Balance	−132 000	−124 000	−137 000	−582 000
Earnings Before Tax	16 000	60 000	8 000	−440 000
Tax	4 000	13 000	2 000	0
Net Income	13 000	47 000	6 000	−440 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 783 000	4 677 000	4 808 000	4 940 000
Total Current Assets	88 000	91 000	58 000	95 000
Total Assets	4 871 000	4 768 000	4 867 000	5 035 000
Total Retained Equity	385 000	372 000	325 000	319 000
Total Equity	485 000	472 000	425 000	419 000
Total Long-Term Debt	2 773 000	2 553 000	2 738 000	2 866 000
Total Current Debt	1 613 000	1 743 000	1 704 000	1 750 000
Total Equity and Debt	4 871 000	4 768 000	4 867 000	5 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	606 000	586 000	488 000	651 000
Other Income	0	4 000	7 000	2 000
Revenue	606 000	591 000	494 000	653 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	128 000	132 000	132 000	130 000
Impairment	0	0	0	0
Expenditure	458 000	407 000	350 000	511 000
Operating Profit	148 000	184 000	144 000	142 000
Financial Income	8 000	6 000	5 000	0
Financial Costs	140 000	130 000	142 000	582 000
Financial Balance	−132 000	−124 000	−137 000	−582 000
Dividends	0	0	0	0
Net Income	13 000	47 000	6 000	−440 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 753 000	4 647 000	4 775 000	4 903 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	4 000	7 000
Total Tangible Assets	4 753 000	4 647 000	4 778 000	4 910 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	4 783 000	4 677 000	4 808 000	4 940 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	52 000	7 000	65 000
Total Current Assets	88 000	91 000	58 000	95 000
Total Assets	4 871 000	4 768 000	4 867 000	5 035 000
Total Equity	485 000	472 000	425 000	419 000
Short-Term Group Debt	1 457 000	1 693 000	1 664 000	1 706 000
Total Long-Term Debt	2 773 000	2 553 000	2 738 000	2 866 000
Creditors	110 000	13 000	7 000	8 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	47 000	37 000	32 000	36 000
Total Current Debt	1 613 000	1 743 000	1 704 000	1 750 000
Total Equity and Debt	4 871 000	4 768 000	4 867 000	5 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,68 %	9,96 %	1,41 %	−105,01 %
Debt-to-Equity Ratio	5,72	5,41	6,44	6,84
Operating Profit Margin	24,42 %	31,13 %	29,15 %	21,75 %
Current Ratio	0,05	0,05	0,03	0,05
Quick Ratio	0,05	0,05	0,03	0,05
Equity Ratio	0,1	0,1	0,09	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %