KULLESEID KRAN AS

5099 BERGEN

Finances

Share Ownership

Return on Equity

63,58 %

Current Ratio

1,23

Debt-to-Equity Ratio

8,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 957 000	6 098 000	3 801 000	4 229 000
Net Income	199 000	80 000	−172 000	−159 000
Total Assets	4 184 000	1 588 000	2 013 000	868 000
Total Equity	313 000	115 000	34 000	206 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 957 000	6 098 000	3 801 000	4 229 000
Expenditure	6 651 000	6 003 000	4 012 000	4 384 000
Operating Profit	307 000	95 000	−210 000	−155 000
Financial Income	22 000	10 000	2 000	0
Financial Costs	91 000	25 000	9 000	4 000
Financial Balance	−69 000	−15 000	−7 000	−4 000
Earnings Before Tax	238 000	80 000	−218 000	−159 000
Tax	39 000	0	−46 000	0
Net Income	199 000	80 000	−172 000	−159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 865 000	484 000	195 000	299 000
Total Current Assets	1 319 000	1 103 000	1 818 000	569 000
Total Assets	4 184 000	1 588 000	2 013 000	868 000
Total Retained Equity	283 000	85 000	4 000	176 000
Total Equity	313 000	115 000	34 000	206 000
Total Long-Term Debt	2 800 000	265 000	0	10 000
Total Current Debt	1 070 000	1 208 000	1 979 000	652 000
Total Equity and Debt	4 184 000	1 588 000	2 013 000	868 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 572 000	5 542 000	3 694 000	4 229 000
Other Income	1 385 000	556 000	107 000	0
Revenue	6 957 000	6 098 000	3 801 000	4 229 000
Cost of Goods Sold	161 000	292 000	156 000	191 000
Salary Costs	2 816 000	2 346 000	1 547 000	1 339 000
Depreciation	553 000	66 000	47 000	35 000
Impairment	0	0	0	0
Expenditure	6 651 000	6 003 000	4 012 000	4 384 000
Operating Profit	307 000	95 000	−210 000	−155 000
Financial Income	22 000	10 000	2 000	0
Financial Costs	91 000	25 000	9 000	4 000
Financial Balance	−69 000	−15 000	−7 000	−4 000
Dividends	0	0	0	0
Net Income	199 000	80 000	−172 000	−159 000

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	167 000	13 000	18 000
Fixtures	2 704 000	135 000	115 000	110 000
Total Tangible Assets	2 704 000	302 000	128 000	128 000
Total Fiancial Fixed Assets	162 000	183 000	67 000	171 000
Total Fixed Assets	2 865 000	484 000	195 000	299 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	582 000	440 000	1 227 000	70 000
Total Current Assets	1 319 000	1 103 000	1 818 000	569 000
Total Assets	4 184 000	1 588 000	2 013 000	868 000
Total Equity	313 000	115 000	34 000	206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 800 000	265 000	0	10 000
Creditors	232 000	252 000	183 000	223 000
Unpaid Taxes	211 000	168 000	128 000	130 000
Dividends	0	0	0	0
Other Current Debt	627 000	788 000	1 668 000	298 000
Total Current Debt	1 070 000	1 208 000	1 979 000	652 000
Total Equity and Debt	4 184 000	1 588 000	2 013 000	868 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,58 %	69,57 %	−505,88 %	−77,18 %
Debt-to-Equity Ratio	8,95	2,3	0	0,05
Operating Profit Margin	4,41 %	1,56 %	−5,52 %	−3,67 %
Current Ratio	1,23	0,91	0,92	0,87
Quick Ratio	1,23	0,91	0,92	0,87
Equity Ratio	0,07	0,07	0,02	0,24
Gross Profit Margin	97,69 %	95,21 %	95,9 %	95,48 %