INSTITUTT FOR FREDSFORSKNING

0186 OSLO

Finances

Share Ownership

Return on Equity

1,85 %

Current Ratio

2,09

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	174 817 000	142 226 000	124 017 000	123 191 000
Net Income	2 840 000	16 551 000	11 482 000	9 709 000
Total Assets	302 968 000	265 026 000	232 014 000	203 819 000
Total Equity	153 867 000	151 027 000	134 476 000	122 995 000

Income (NOK)	2022	2021	2020	2019
Revenue	174 817 000	142 226 000	124 017 000	123 191 000
Expenditure	170 407 000	140 000 000	121 289 000	117 011 000
Operating Profit	4 409 000	2 227 000	2 727 000	6 180 000
Financial Income	−1 253 000	14 700 000	8 729 000	3 812 000
Financial Costs	314 000	377 000	−25 000	283 000
Financial Balance	−1 567 000	14 323 000	8 754 000	3 529 000
Earnings Before Tax	2 842 000	16 551 000	11 482 000	9 709 000
Tax	2 000	0	0	0
Net Income	2 840 000	16 551 000	11 482 000	9 709 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 856 000	823 000	1 019 000	993 000
Total Current Assets	301 112 000	264 204 000	230 994 000	202 826 000
Total Assets	302 968 000	265 026 000	232 014 000	203 819 000
Total Retained Equity	147 670 000	144 830 000	128 279 000	116 798 000
Total Equity	153 867 000	151 027 000	134 476 000	122 995 000
Total Long-Term Debt	5 022 000	2 913 000	2 425 000	2 167 000
Total Current Debt	144 079 000	111 087 000	95 112 000	78 657 000
Total Equity and Debt	302 968 000	265 026 000	232 014 000	203 819 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	122 496 000	123 191 000
Other Income	174 817 000	142 226 000	1 521 000	0
Revenue	174 817 000	142 226 000	124 017 000	123 191 000
Cost of Goods Sold	0	0	0	0
Salary Costs	131 520 000	116 771 000	100 629 000	90 797 000
Depreciation	953 000	655 000	853 000	824 000
Impairment	0	0	0	0
Expenditure	170 407 000	140 000 000	121 289 000	117 011 000
Operating Profit	4 409 000	2 227 000	2 727 000	6 180 000
Financial Income	−1 253 000	14 700 000	8 729 000	3 812 000
Financial Costs	314 000	377 000	−25 000	283 000
Financial Balance	−1 567 000	14 323 000	8 754 000	3 529 000
Dividends	0	0	0	0
Net Income	2 840 000	16 551 000	11 482 000	9 709 000

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	1 019 000	0
Fixtures	1 856 000	823 000	0	993 000
Total Tangible Assets	1 856 000	823 000	1 019 000	993 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 856 000	823 000	1 019 000	993 000
Stock	0	0	0	0
Total Investments	55 021 000	61 337 000	48 550 000	21 610 000
Cash, Bank	226 381 000	180 472 000	166 803 000	158 810 000
Total Current Assets	301 112 000	264 204 000	230 994 000	202 826 000
Total Assets	302 968 000	265 026 000	232 014 000	203 819 000
Total Equity	153 867 000	151 027 000	134 476 000	122 995 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 022 000	2 913 000	2 425 000	2 167 000
Creditors	0	0	3 090 000	0
Unpaid Taxes	8 148 000	6 570 000	5 688 000	5 025 000
Dividends	0	0	0	0
Other Current Debt	130 873 000	95 112 000	86 334 000	73 632 000
Total Current Debt	144 079 000	111 087 000	95 112 000	78 657 000
Total Equity and Debt	302 968 000	265 026 000	232 014 000	203 819 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,85 %	10,96 %	8,54 %	7,89 %
Debt-to-Equity Ratio	0,03	0,02	0,02	0,02
Operating Profit Margin	2,52 %	1,57 %	2,2 %	5,02 %
Current Ratio	2,09	2,38	2,43	2,58
Quick Ratio	2,09	2,38	2,43	2,58
Equity Ratio	0,51	0,57	0,58	0,6
Gross Profit Margin	100 %	100 %	100 %	100 %