KULTURHUSET TORVET AS

3179 ÅSGÅRDSTRAND

Finances

Return on Equity

10,85 %

Current Ratio

0,26

Debt-to-Equity Ratio

−0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	804 000	627 000	266 000	267 000
Net Income	−134 000	−33 000	−29 000	−1 000
Total Assets	451 000	482 000	438 000	474 000
Total Equity	−1 235 000	−1 100 000	−1 068 000	−1 039 000

Income (NOK)	2022	2021	2020	2019
Revenue	804 000	627 000	266 000	267 000
Expenditure	939 000	660 000	294 000	252 000
Operating Profit	−134 000	−33 000	−28 000	17 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	17 000
Financial Balance	0	0	−1 000	−17 000
Earnings Before Tax	−134 000	−33 000	−29 000	−1 000
Tax	0	0	0	0
Net Income	−134 000	−33 000	−29 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	15 000	15 000	415 000
Total Current Assets	436 000	467 000	423 000	59 000
Total Assets	451 000	482 000	438 000	474 000
Total Retained Equity	−1 336 000	−1 201 000	−1 169 000	−1 140 000
Total Equity	−1 235 000	−1 100 000	−1 068 000	−1 039 000
Total Long-Term Debt	7 000	0	0	0
Total Current Debt	1 679 000	1 583 000	1 506 000	1 513 000
Total Equity and Debt	451 000	482 000	438 000	474 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	651 000	446 000	218 000	265 000
Other Income	153 000	181 000	49 000	3 000
Revenue	804 000	627 000	266 000	267 000
Cost of Goods Sold	185 000	174 000	130 000	72 000
Salary Costs	289 000	146 000	0	−3 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	939 000	660 000	294 000	252 000
Operating Profit	−134 000	−33 000	−28 000	17 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	17 000
Financial Balance	0	0	−1 000	−17 000
Dividends	0	0	0	0
Net Income	−134 000	−33 000	−29 000	−1 000

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	15 000	15 000	15 000	415 000
Total Fixed Assets	15 000	15 000	15 000	415 000
Stock	12 000	11 000	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	57 000	23 000	59 000
Total Current Assets	436 000	467 000	423 000	59 000
Total Assets	451 000	482 000	438 000	474 000
Total Equity	−1 235 000	−1 100 000	−1 068 000	−1 039 000
Short-Term Group Debt	99 000	0	0	0
Total Long-Term Debt	7 000	0	0	0
Creditors	0	38 000	−2 000	0
Unpaid Taxes	42 000	19 000	0	5 000
Dividends	0	0	0	0
Other Current Debt	1 538 000	1 526 000	1 508 000	1 508 000
Total Current Debt	1 679 000	1 583 000	1 506 000	1 513 000
Total Equity and Debt	451 000	482 000	438 000	474 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,85 %	3 %	2,72 %	0,1 %
Debt-to-Equity Ratio	−0,01	−0	−0	−0
Operating Profit Margin	−16,67 %	−5,26 %	−10,53 %	6,37 %
Current Ratio	0,26	0,3	0,28	0,04
Quick Ratio	0,26	0,3	0,28	0,04
Equity Ratio	−2,74	−2,28	−2,44	−2,19
Gross Profit Margin	76,99 %	72,25 %	51,13 %	73,03 %