CULTIVAR AS

0266 OSLO

Finances

Return on Equity

−18,42 %

Current Ratio

2,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	126 000	126 000	126 000	126 000
Net Income	−1 514 000	3 554 000	6 378 000	−42 000
Total Assets	10 016 000	16 056 000	11 647 000	4 477 000
Total Equity	8 219 000	11 863 000	9 909 000	4 031 000

Income (NOK)	2022	2021	2020	2019
Revenue	126 000	126 000	126 000	126 000
Expenditure	732 000	485 000	344 000	367 000
Operating Profit	−605 000	−359 000	−218 000	−241 000
Financial Income	2 147 000	5 072 000	6 632 000	208 000
Financial Costs	3 180 000	1 234 000	47 000	40 000
Financial Balance	−1 033 000	3 838 000	6 585 000	168 000
Earnings Before Tax	−1 639 000	3 479 000	6 367 000	−73 000
Tax	−125 000	−74 000	−11 000	−31 000
Net Income	−1 514 000	3 554 000	6 378 000	−42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 809 000	5 731 000	4 129 000	4 139 000
Total Current Assets	4 207 000	10 325 000	7 518 000	338 000
Total Assets	10 016 000	16 056 000	11 647 000	4 477 000
Total Retained Equity	8 119 000	11 763 000	9 809 000	3 931 000
Total Equity	8 219 000	11 863 000	9 909 000	4 031 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 797 000	4 193 000	1 738 000	446 000
Total Equity and Debt	10 016 000	16 056 000	11 647 000	4 477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	126 000	126 000	126 000	126 000
Other Income	0	0	0	0
Revenue	126 000	126 000	126 000	126 000
Cost of Goods Sold	0	0	0	0
Salary Costs	32 000	12 000	0	0
Depreciation	11 000	15 000	21 000	21 000
Impairment	0	0	0	0
Expenditure	732 000	485 000	344 000	367 000
Operating Profit	−605 000	−359 000	−218 000	−241 000
Financial Income	2 147 000	5 072 000	6 632 000	208 000
Financial Costs	3 180 000	1 234 000	47 000	40 000
Financial Balance	−1 033 000	3 838 000	6 585 000	168 000
Dividends	0	0	0	400 000
Net Income	−1 514 000	3 554 000	6 378 000	−42 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	272 000	147 000	73 000	63 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	11 000	26 000	47 000
Total Tangible Assets	16 000	11 000	26 000	47 000
Total Fiancial Fixed Assets	5 520 000	5 573 000	4 030 000	4 030 000
Total Fixed Assets	5 809 000	5 731 000	4 129 000	4 139 000
Stock	0	0	0	0
Total Investments	4 184 000	10 303 000	7 518 000	220 000
Cash, Bank	0	0	0	117 000
Total Current Assets	4 207 000	10 325 000	7 518 000	338 000
Total Assets	10 016 000	16 056 000	11 647 000	4 477 000
Total Equity	8 219 000	11 863 000	9 909 000	4 031 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	42 000	25 000	32 000	8 000
Unpaid Taxes	33 000	19 000	1 000	5 000
Dividends	0	0	0	400 000
Other Current Debt	0	23 000	0	34 000
Total Current Debt	1 797 000	4 193 000	1 738 000	446 000
Total Equity and Debt	10 016 000	16 056 000	11 647 000	4 477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,42 %	29,96 %	64,37 %	−1,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−480,16 %	−284,92 %	−173,02 %	−191,27 %
Current Ratio	2,34	2,46	4,33	0,76
Quick Ratio	2,34	2,46	4,33	0,76
Equity Ratio	0,82	0,74	0,85	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %