STIFTELSEN KUNSTHALL GRENLAND

3915 PORSGRUNN

Finances

Share Ownership

Return on Equity

116,07 %

Current Ratio

0,74

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 479 000	5 879 000	2 474 000	2 801 000
Net Income	−130 000	37 000	−124 000	−178 000
Total Assets	391 000	1 821 000	1 282 000	435 000
Total Equity	−112 000	17 000	−20 000	104 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 479 000	5 879 000	2 474 000	2 801 000
Expenditure	4 606 000	5 841 000	2 597 000	2 967 000
Operating Profit	−126 000	38 000	−124 000	−178 000
Financial Income	1 000	0	0	0
Financial Costs	5 000	0	0	0
Financial Balance	−4 000	0	0	0
Earnings Before Tax	−130 000	37 000	−124 000	−178 000
Tax	0	0	0	0
Net Income	−130 000	37 000	−124 000	−178 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	64 000	128 000	196 000
Total Current Assets	372 000	1 756 000	1 153 000	239 000
Total Assets	391 000	1 821 000	1 282 000	435 000
Total Retained Equity	−212 000	−83 000	−120 000	4 000
Total Equity	−112 000	17 000	−20 000	104 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	503 000	1 803 000	1 302 000	331 000
Total Equity and Debt	391 000	1 821 000	1 282 000	435 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	118 000	1 602 000	0	65 000
Other Income	4 361 000	4 277 000	2 474 000	2 736 000
Revenue	4 479 000	5 879 000	2 474 000	2 801 000
Cost of Goods Sold	1 917 000	2 219 000	1 210 000	1 219 000
Salary Costs	1 216 000	1 177 000	917 000	1 320 000
Depreciation	46 000	64 000	67 000	67 000
Impairment	0	0	0	0
Expenditure	4 606 000	5 841 000	2 597 000	2 967 000
Operating Profit	−126 000	38 000	−124 000	−178 000
Financial Income	1 000	0	0	0
Financial Costs	5 000	0	0	0
Financial Balance	−4 000	0	0	0
Dividends	0	0	0	0
Net Income	−130 000	37 000	−124 000	−178 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	12 000	25 000	37 000
Real Eastate	0	0	0	93 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	52 000	103 000	65 000
Total Tangible Assets	18 000	52 000	103 000	158 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	64 000	128 000	196 000
Stock	284 000	137 000	141 000	98 000
Total Investments	0	0	0	0
Cash, Bank	50 000	1 359 000	992 000	82 000
Total Current Assets	372 000	1 756 000	1 153 000	239 000
Total Assets	391 000	1 821 000	1 282 000	435 000
Total Equity	−112 000	17 000	−20 000	104 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	72 000	388 000	47 000	73 000
Unpaid Taxes	76 000	92 000	46 000	68 000
Dividends	0	0	0	0
Other Current Debt	355 000	1 324 000	1 209 000	189 000
Total Current Debt	503 000	1 803 000	1 302 000	331 000
Total Equity and Debt	391 000	1 821 000	1 282 000	435 000

Financial indicators	2022	2021	2020	2019
Return on Equity	116,07 %	217,65 %	620 %	−171,15 %
Debt-to-Equity Ratio	−0	0	−0	0
Operating Profit Margin	−2,81 %	0,65 %	−5,01 %	−6,35 %
Current Ratio	0,74	0,97	0,89	0,72
Quick Ratio	1,7	1,05	0,99	1,03
Equity Ratio	−0,29	0,01	−0,02	0,24
Gross Profit Margin	57,2 %	62,26 %	51,09 %	56,48 %