KUNSTLAND AS

2860 HOV

Finances

Return on Equity

32,14 %

Current Ratio

5,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	27 000	24 000
Net Income	45 000	−124 000	36 000	−22 000
Total Assets	171 000	125 000	249 000	213 000
Total Equity	140 000	95 000	219 000	183 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	27 000	24 000
Expenditure	6 000	4 000	17 000	47 000
Operating Profit	−6 000	−4 000	10 000	−22 000
Financial Income	0	0	26 000	0
Financial Costs	−51 000	120 000	0	0
Financial Balance	51 000	−120 000	26 000	0
Earnings Before Tax	45 000	−124 000	36 000	−22 000
Tax	0	0	0	0
Net Income	45 000	−124 000	36 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	138 000
Total Current Assets	171 000	125 000	249 000	75 000
Total Assets	171 000	125 000	249 000	213 000
Total Retained Equity	110 000	65 000	189 000	153 000
Total Equity	140 000	95 000	219 000	183 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	31 000	30 000	30 000	30 000
Total Equity and Debt	171 000	125 000	249 000	213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	27 000	24 000
Other Income	0	0	0	0
Revenue	0	0	27 000	24 000
Cost of Goods Sold	0	0	0	10 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 000	4 000	17 000	47 000
Operating Profit	−6 000	−4 000	10 000	−22 000
Financial Income	0	0	26 000	0
Financial Costs	−51 000	120 000	0	0
Financial Balance	51 000	−120 000	26 000	0
Dividends	0	0	0	0
Net Income	45 000	−124 000	36 000	−22 000

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	138 000
Total Fixed Assets	0	0	0	138 000
Stock	0	0	0	0
Total Investments	66 000	16 000	135 000	0
Cash, Bank	9 000	14 000	19 000	75 000
Total Current Assets	171 000	125 000	249 000	75 000
Total Assets	171 000	125 000	249 000	213 000
Total Equity	140 000	95 000	219 000	183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	30 000	30 000	30 000	30 000
Total Current Debt	31 000	30 000	30 000	30 000
Total Equity and Debt	171 000	125 000	249 000	213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,14 %	−130,53 %	16,44 %	−12,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	37,04 %	−91,67 %
Current Ratio	5,52	4,17	8,3	2,5
Quick Ratio	5,52	4,17	8,3	2,5
Equity Ratio	0,82	0,76	0,88	0,86
Gross Profit Margin	-	-	100 %	58,33 %