KULTUR VEST AS

5015 BERGEN

Finances

Share Ownership

Return on Equity

−5,04 %

Current Ratio

14,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 106 000	1 149 000	680 000	1 002 000
Net Income	−97 000	31 000	−21 000	145 000
Total Assets	2 063 000	2 141 000	2 079 000	2 100 000
Total Equity	1 923 000	2 019 000	1 989 000	2 010 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 106 000	1 149 000	680 000	1 002 000
Expenditure	1 218 000	1 125 000	714 000	871 000
Operating Profit	−112 000	25 000	−34 000	131 000
Financial Income	15 000	6 000	13 000	15 000
Financial Costs	0	0	0	0
Financial Balance	15 000	6 000	13 000	15 000
Earnings Before Tax	−97 000	31 000	−21 000	145 000
Tax	0	0	0	0
Net Income	−97 000	31 000	−21 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 063 000	2 141 000	2 079 000	2 100 000
Total Assets	2 063 000	2 141 000	2 079 000	2 100 000
Total Retained Equity	1 623 000	1 719 000	1 689 000	1 710 000
Total Equity	1 923 000	2 019 000	1 989 000	2 010 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	141 000	122 000	90 000	90 000
Total Equity and Debt	2 063 000	2 141 000	2 079 000	2 100 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 106 000	1 149 000	680 000	1 002 000
Other Income	0	0	0	0
Revenue	1 106 000	1 149 000	680 000	1 002 000
Cost of Goods Sold	0	0	0	0
Salary Costs	853 000	666 000	385 000	414 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 218 000	1 125 000	714 000	871 000
Operating Profit	−112 000	25 000	−34 000	131 000
Financial Income	15 000	6 000	13 000	15 000
Financial Costs	0	0	0	0
Financial Balance	15 000	6 000	13 000	15 000
Dividends	0	0	0	0
Net Income	−97 000	31 000	−21 000	145 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 991 000	2 099 000	2 077 000	1 923 000
Total Current Assets	2 063 000	2 141 000	2 079 000	2 100 000
Total Assets	2 063 000	2 141 000	2 079 000	2 100 000
Total Equity	1 923 000	2 019 000	1 989 000	2 010 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	2 000	9 000	0
Unpaid Taxes	54 000	61 000	28 000	24 000
Dividends	0	0	0	0
Other Current Debt	75 000	59 000	54 000	66 000
Total Current Debt	141 000	122 000	90 000	90 000
Total Equity and Debt	2 063 000	2 141 000	2 079 000	2 100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,04 %	1,54 %	−1,06 %	7,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,13 %	2,18 %	−5 %	13,07 %
Current Ratio	14,63	17,55	23,1	23,33
Quick Ratio	14,63	17,55	23,1	23,33
Equity Ratio	0,93	0,94	0,96	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %