KULSTAD MASKIN AS

7653 VERDAL

Finances

Share Ownership

Return on Equity

−5,31 %

Current Ratio

1,89

Debt-to-Equity Ratio

1,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 330 000	23 435 000	24 145 000	19 689 000
Net Income	−202 000	1 119 000	1 757 000	105 000
Total Assets	16 807 000	15 768 000	13 447 000	9 588 000
Total Equity	3 807 000	3 684 000	2 564 000	1 807 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 330 000	23 435 000	24 145 000	19 689 000
Expenditure	32 210 000	21 766 000	21 621 000	19 211 000
Operating Profit	120 000	1 669 000	2 524 000	478 000
Financial Income	368 000	228 000	61 000	32 000
Financial Costs	746 000	425 000	333 000	376 000
Financial Balance	−378 000	−197 000	−272 000	−344 000
Earnings Before Tax	−258 000	1 473 000	2 253 000	134 000
Tax	−57 000	354 000	496 000	30 000
Net Income	−202 000	1 119 000	1 757 000	105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	833 000	3 946 000	6 904 000	1 724 000
Total Current Assets	15 975 000	11 821 000	6 543 000	7 864 000
Total Assets	16 807 000	15 768 000	13 447 000	9 588 000
Total Retained Equity	3 007 000	3 584 000	2 464 000	1 707 000
Total Equity	3 807 000	3 684 000	2 564 000	1 807 000
Total Long-Term Debt	4 545 000	5 908 000	6 307 000	4 302 000
Total Current Debt	8 456 000	6 177 000	4 576 000	3 479 000
Total Equity and Debt	16 807 000	15 768 000	13 447 000	9 588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 209 000	22 377 000	22 583 000	18 622 000
Other Income	121 000	1 059 000	1 562 000	1 067 000
Revenue	32 330 000	23 435 000	24 145 000	19 689 000
Cost of Goods Sold	23 069 000	14 667 000	13 178 000	10 862 000
Salary Costs	3 695 000	2 693 000	3 249 000	2 353 000
Depreciation	253 000	382 000	501 000	576 000
Impairment	0	0	0	0
Expenditure	32 210 000	21 766 000	21 621 000	19 211 000
Operating Profit	120 000	1 669 000	2 524 000	478 000
Financial Income	368 000	228 000	61 000	32 000
Financial Costs	746 000	425 000	333 000	376 000
Financial Balance	−378 000	−197 000	−272 000	−344 000
Dividends	0	0	1 000 000	0
Net Income	−202 000	1 119 000	1 757 000	105 000

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	71 000	143 000	422 000	691 000
Fixtures	759 000	652 000	2 104 000	952 000
Total Tangible Assets	830 000	794 000	2 526 000	1 643 000
Total Fiancial Fixed Assets	3 000	3 152 000	4 378 000	81 000
Total Fixed Assets	833 000	3 946 000	6 904 000	1 724 000
Stock	13 466 000	8 301 000	4 258 000	6 129 000
Total Investments	0	0	0	0
Cash, Bank	90 000	69 000	82 000	97 000
Total Current Assets	15 975 000	11 821 000	6 543 000	7 864 000
Total Assets	16 807 000	15 768 000	13 447 000	9 588 000
Total Equity	3 807 000	3 684 000	2 564 000	1 807 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 545 000	5 908 000	6 307 000	4 302 000
Creditors	1 217 000	2 364 000	868 000	498 000
Unpaid Taxes	234 000	318 000	625 000	565 000
Dividends	0	0	1 000 000	0
Other Current Debt	976 000	1 378 000	424 000	722 000
Total Current Debt	8 456 000	6 177 000	4 576 000	3 479 000
Total Equity and Debt	16 807 000	15 768 000	13 447 000	9 588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,31 %	30,37 %	68,53 %	5,81 %
Debt-to-Equity Ratio	1,19	1,6	2,46	2,38
Operating Profit Margin	0,37 %	7,12 %	10,45 %	2,43 %
Current Ratio	1,89	1,91	1,43	2,26
Quick Ratio	−3,19	−5,57	20,58	−2,97
Equity Ratio	0,23	0,23	0,19	0,19
Gross Profit Margin	28,65 %	37,41 %	45,42 %	44,83 %