KULSTAD INVEST AS

7653 VERDAL

Finances

Return on Equity

94,03 %

Current Ratio

N/A

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	8 990 000	−204 000	2 573 000	−85 000
Total Assets	10 070 000	6 465 000	8 110 000	5 490 000
Total Equity	9 561 000	571 000	2 773 000	201 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	44 000	46 000	36 000	39 000
Operating Profit	−44 000	−46 000	−36 000	−39 000
Financial Income	11 470 000	0	2 920 000	0
Financial Costs	2 427 000	158 000	311 000	46 000
Financial Balance	9 043 000	−158 000	2 609 000	−46 000
Earnings Before Tax	8 999 000	−204 000	2 573 000	−85 000
Tax	9 000	0	0	0
Net Income	8 990 000	−204 000	2 573 000	−85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 386 000	5 834 000	4 834 000	5 110 000
Total Current Assets	6 684 000	631 000	3 276 000	380 000
Total Assets	10 070 000	6 465 000	8 110 000	5 490 000
Total Retained Equity	9 441 000	451 000	2 653 000	81 000
Total Equity	9 561 000	571 000	2 773 000	201 000
Total Long-Term Debt	509 000	5 439 000	5 199 000	5 189 000
Total Current Debt	0	454 000	138 000	101 000
Total Equity and Debt	10 070 000	6 465 000	8 110 000	5 490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	44 000	46 000	36 000	39 000
Operating Profit	−44 000	−46 000	−36 000	−39 000
Financial Income	11 470 000	0	2 920 000	0
Financial Costs	2 427 000	158 000	311 000	46 000
Financial Balance	9 043 000	−158 000	2 609 000	−46 000
Dividends	0	0	0	0
Net Income	8 990 000	−204 000	2 573 000	−85 000

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	3 386 000	5 834 000	4 834 000	5 110 000
Total Fixed Assets	3 386 000	5 834 000	4 834 000	5 110 000
Stock	350 000	350 000	350 000	350 000
Total Investments	0	0	0	0
Cash, Bank	4 513 000	41 000	6 000	21 000
Total Current Assets	6 684 000	631 000	3 276 000	380 000
Total Assets	10 070 000	6 465 000	8 110 000	5 490 000
Total Equity	9 561 000	571 000	2 773 000	201 000
Short-Term Group Debt	0	0	138 000	87 000
Total Long-Term Debt	509 000	5 439 000	5 199 000	5 189 000
Creditors	0	0	0	14 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	454 000	0	0
Total Current Debt	0	454 000	138 000	101 000
Total Equity and Debt	10 070 000	6 465 000	8 110 000	5 490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	94,03 %	−35,73 %	92,79 %	−42,29 %
Debt-to-Equity Ratio	0,05	9,53	1,87	25,82
Operating Profit Margin	-	-	-	-
Current Ratio	-	1,39	23,74	3,76
Quick Ratio	−19,1	6,07	−15,45	−1,53
Equity Ratio	0,95	0,09	0,34	0,04
Gross Profit Margin	-	-	-	-