KUNSTHUB AS

1850 MYSEN

Finances

Share Ownership

Return on Equity

201 %

Current Ratio

5,73

Debt-to-Equity Ratio

2,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	141 000	64 000	221 000	87 000
Net Income	201 000	28 000	212 000	82 000
Total Assets	378 000	21 000	24 000	75 000
Total Equity	100 000	−358 000	−386 000	−598 000

Income (NOK)	2022	2021	2020	2019
Revenue	141 000	64 000	221 000	87 000
Expenditure	13 000	36 000	9 000	5 000
Operating Profit	128 000	28 000	212 000	82 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	128 000	28 000	212 000	82 000
Tax	−73 000	0	0	0
Net Income	201 000	28 000	212 000	82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	378 000	21 000	24 000	75 000
Total Assets	378 000	21 000	24 000	75 000
Total Retained Equity	0	−458 000	−486 000	−698 000
Total Equity	100 000	−358 000	−386 000	−598 000
Total Long-Term Debt	212 000	357 000	357 000	553 000
Total Current Debt	66 000	22 000	53 000	121 000
Total Equity and Debt	378 000	21 000	24 000	75 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	45 000	3 000	20 000
Other Income	91 000	19 000	218 000	67 000
Revenue	141 000	64 000	221 000	87 000
Cost of Goods Sold	0	30 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 000	36 000	9 000	5 000
Operating Profit	128 000	28 000	212 000	82 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	201 000	28 000	212 000	82 000

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	15 000	21 000	5 000	51 000
Total Current Assets	378 000	21 000	24 000	75 000
Total Assets	378 000	21 000	24 000	75 000
Total Equity	100 000	−358 000	−386 000	−598 000
Short-Term Group Debt	59 000	21 000	24 000	115 000
Total Long-Term Debt	212 000	357 000	357 000	553 000
Creditors	2 000	0	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	2 000	26 000	6 000
Total Current Debt	66 000	22 000	53 000	121 000
Total Equity and Debt	378 000	21 000	24 000	75 000

Financial indicators	2022	2021	2020	2019
Return on Equity	201 %	−7,82 %	−54,92 %	−13,71 %
Debt-to-Equity Ratio	2,12	−1	−0,92	−0,92
Operating Profit Margin	90,78 %	43,75 %	95,93 %	94,25 %
Current Ratio	5,73	0,95	0,45	0,62
Quick Ratio	5,73	0,95	0,45	0,62
Equity Ratio	0,26	−17,05	−16,08	−7,97
Gross Profit Margin	100 %	53,13 %	100 %	100 %