KULL AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

561,83 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 146 000	7 080 000	7 003 000	7 745 000
Net Income	736 000	600 000	544 000	450 000
Total Assets	3 277 000	3 284 000	3 097 000	2 278 000
Total Equity	131 000	1 295 000	1 694 000	1 320 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 146 000	7 080 000	7 003 000	7 745 000
Expenditure	6 200 000	6 308 000	6 288 000	7 167 000
Operating Profit	946 000	771 000	715 000	577 000
Financial Income	9 000	5 000	3 000	1 000
Financial Costs	11 000	7 000	21 000	1 000
Financial Balance	−2 000	−2 000	−18 000	0
Earnings Before Tax	944 000	770 000	697 000	577 000
Tax	208 000	169 000	153 000	127 000
Net Income	736 000	600 000	544 000	450 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	116 000	112 000	131 000	147 000
Total Current Assets	3 161 000	3 172 000	2 966 000	2 130 000
Total Assets	3 277 000	3 284 000	3 097 000	2 278 000
Total Retained Equity	0	1 100 000	1 500 000	1 125 000
Total Equity	131 000	1 295 000	1 694 000	1 320 000
Total Long-Term Debt	0	0	0	3 000
Total Current Debt	3 146 000	1 988 000	1 402 000	955 000
Total Equity and Debt	3 277 000	3 284 000	3 097 000	2 278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 139 000	7 110 000	6 971 000	7 745 000
Other Income	7 000	−30 000	32 000	0
Revenue	7 146 000	7 080 000	7 003 000	7 745 000
Cost of Goods Sold	3 669 000	3 477 000	3 642 000	4 313 000
Salary Costs	1 060 000	1 404 000	1 398 000	1 493 000
Depreciation	19 000	19 000	25 000	33 000
Impairment	0	0	0	0
Expenditure	6 200 000	6 308 000	6 288 000	7 167 000
Operating Profit	946 000	771 000	715 000	577 000
Financial Income	9 000	5 000	3 000	1 000
Financial Costs	11 000	7 000	21 000	1 000
Financial Balance	−2 000	−2 000	−18 000	0
Dividends	1 900 000	1 000 000	0	0
Net Income	736 000	600 000	544 000	450 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	97 000	74 000	73 000	65 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	38 000	58 000	82 000
Total Tangible Assets	19 000	38 000	58 000	82 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	116 000	112 000	131 000	147 000
Stock	1 238 000	934 000	894 000	1 027 000
Total Investments	0	0	0	0
Cash, Bank	1 856 000	2 124 000	2 064 000	1 094 000
Total Current Assets	3 161 000	3 172 000	2 966 000	2 130 000
Total Assets	3 277 000	3 284 000	3 097 000	2 278 000
Total Equity	131 000	1 295 000	1 694 000	1 320 000
Short-Term Group Debt	7 000	0	0	0
Total Long-Term Debt	0	0	0	3 000
Creditors	293 000	189 000	274 000	127 000
Unpaid Taxes	292 000	287 000	354 000	293 000
Dividends	1 900 000	1 000 000	0	0
Other Current Debt	423 000	342 000	660 000	408 000
Total Current Debt	3 146 000	1 988 000	1 402 000	955 000
Total Equity and Debt	3 277 000	3 284 000	3 097 000	2 278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	561,83 %	46,33 %	32,11 %	34,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,24 %	10,89 %	10,21 %	7,45 %
Current Ratio	1	1,6	2,12	2,23
Quick Ratio	1,66	3,01	5,84	−29,58
Equity Ratio	0,04	0,39	0,55	0,58
Gross Profit Margin	48,66 %	50,89 %	47,99 %	44,31 %