KULTURFABRIKKEN EIENDOM AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

13,89 %

Current Ratio

2,28

Debt-to-Equity Ratio

11,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 647 000	11 647 000	11 647 000	11 647 000
Net Income	2 178 000	4 025 000	3 240 000	−116 000
Total Assets	202 240 000	207 743 000	207 579 000	210 216 000
Total Equity	15 675 000	13 496 000	9 472 000	6 232 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 647 000	11 647 000	11 647 000	11 647 000
Expenditure	4 596 000	4 341 000	4 385 000	6 840 000
Operating Profit	7 050 000	7 307 000	7 262 000	4 807 000
Financial Income	258 000	58 000	84 000	126 000
Financial Costs	5 130 000	3 340 000	4 106 000	5 050 000
Financial Balance	−4 872 000	−3 282 000	−4 022 000	−4 924 000
Earnings Before Tax	2 178 000	4 025 000	3 240 000	−116 000
Tax	0	0	0	0
Net Income	2 178 000	4 025 000	3 240 000	−116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	191 248 000	195 175 000	199 150 000	200 679 000
Total Current Assets	10 992 000	12 568 000	8 430 000	9 537 000
Total Assets	202 240 000	207 743 000	207 579 000	210 216 000
Total Retained Equity	15 575 000	13 396 000	9 372 000	6 132 000
Total Equity	15 675 000	13 496 000	9 472 000	6 232 000
Total Long-Term Debt	181 739 000	187 884 000	194 029 000	200 174 000
Total Current Debt	4 826 000	6 362 000	4 079 000	3 811 000
Total Equity and Debt	202 240 000	207 743 000	207 579 000	210 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	11 647 000	11 647 000	11 647 000	11 647 000
Revenue	11 647 000	11 647 000	11 647 000	11 647 000
Cost of Goods Sold	0	0	0	0
Salary Costs	244 000	242 000	305 000	319 000
Depreciation	3 926 000	3 975 000	3 975 000	3 926 000
Impairment	0	0	0	0
Expenditure	4 596 000	4 341 000	4 385 000	6 840 000
Operating Profit	7 050 000	7 307 000	7 262 000	4 807 000
Financial Income	258 000	58 000	84 000	126 000
Financial Costs	5 130 000	3 340 000	4 106 000	5 050 000
Financial Balance	−4 872 000	−3 282 000	−4 022 000	−4 924 000
Dividends	0	0	0	0
Net Income	2 178 000	4 025 000	3 240 000	−116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	191 248 000	195 175 000	199 150 000	200 679 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	191 248 000	195 175 000	199 150 000	200 679 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	191 248 000	195 175 000	199 150 000	200 679 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 992 000	8 928 000	8 430 000	9 507 000
Total Current Assets	10 992 000	12 568 000	8 430 000	9 537 000
Total Assets	202 240 000	207 743 000	207 579 000	210 216 000
Total Equity	15 675 000	13 496 000	9 472 000	6 232 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	181 739 000	187 884 000	194 029 000	200 174 000
Creditors	201 000	5 000	0	15 000
Unpaid Taxes	763 000	2 972 000	760 000	149 000
Dividends	0	0	0	0
Other Current Debt	3 862 000	3 386 000	3 320 000	3 647 000
Total Current Debt	4 826 000	6 362 000	4 079 000	3 811 000
Total Equity and Debt	202 240 000	207 743 000	207 579 000	210 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,89 %	29,82 %	34,21 %	−1,86 %
Debt-to-Equity Ratio	11,59	13,92	20,48	32,12
Operating Profit Margin	60,53 %	62,74 %	62,35 %	41,27 %
Current Ratio	2,28	1,98	2,07	2,5
Quick Ratio	2,28	1,98	2,07	2,5
Equity Ratio	0,08	0,06	0,05	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %