BGE CONTEMPORARY ART PROJECTS AS

4008 STAVANGER

Finances

Share Ownership

Return on Equity

40,83 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 897 000	7 833 000	9 379 000	6 740 000
Net Income	1 336 000	1 912 000	3 041 000	809 000
Total Assets	8 555 000	9 061 000	9 744 000	4 925 000
Total Equity	3 272 000	3 936 000	4 424 000	3 783 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 897 000	7 833 000	9 379 000	6 740 000
Expenditure	6 301 000	5 300 000	5 439 000	5 625 000
Operating Profit	1 596 000	2 532 000	3 939 000	1 115 000
Financial Income	120 000	8 000	119 000	14 000
Financial Costs	4 000	90 000	155 000	86 000
Financial Balance	116 000	−82 000	−36 000	−72 000
Earnings Before Tax	1 713 000	2 451 000	3 904 000	1 042 000
Tax	377 000	539 000	862 000	233 000
Net Income	1 336 000	1 912 000	3 041 000	809 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	466 000	568 000	665 000	764 000
Total Current Assets	8 089 000	8 493 000	9 080 000	4 162 000
Total Assets	8 555 000	9 061 000	9 744 000	4 925 000
Total Retained Equity	3 072 000	3 736 000	4 224 000	3 583 000
Total Equity	3 272 000	3 936 000	4 424 000	3 783 000
Total Long-Term Debt	26 000	28 000	27 000	27 000
Total Current Debt	5 257 000	5 097 000	5 293 000	1 116 000
Total Equity and Debt	8 555 000	9 061 000	9 744 000	4 925 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 897 000	7 833 000	9 379 000	6 740 000
Other Income	0	0	0	0
Revenue	7 897 000	7 833 000	9 379 000	6 740 000
Cost of Goods Sold	714 000	954 000	661 000	935 000
Salary Costs	1 495 000	1 044 000	1 072 000	943 000
Depreciation	102 000	118 000	140 000	150 000
Impairment	0	0	0	0
Expenditure	6 301 000	5 300 000	5 439 000	5 625 000
Operating Profit	1 596 000	2 532 000	3 939 000	1 115 000
Financial Income	120 000	8 000	119 000	14 000
Financial Costs	4 000	90 000	155 000	86 000
Financial Balance	116 000	−82 000	−36 000	−72 000
Dividends	2 000 000	2 400 000	2 400 000	0
Net Income	1 336 000	1 912 000	3 041 000	809 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	466 000	568 000	665 000	748 000
Total Tangible Assets	466 000	568 000	665 000	748 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	466 000	568 000	665 000	764 000
Stock	214 000	218 000	225 000	287 000
Total Investments	0	0	0	0
Cash, Bank	7 523 000	7 160 000	7 989 000	3 008 000
Total Current Assets	8 089 000	8 493 000	9 080 000	4 162 000
Total Assets	8 555 000	9 061 000	9 744 000	4 925 000
Total Equity	3 272 000	3 936 000	4 424 000	3 783 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 000	28 000	27 000	27 000
Creditors	105 000	82 000	90 000	37 000
Unpaid Taxes	375 000	528 000	837 000	412 000
Dividends	2 000 000	2 400 000	2 400 000	0
Other Current Debt	2 398 000	1 548 000	1 104 000	254 000
Total Current Debt	5 257 000	5 097 000	5 293 000	1 116 000
Total Equity and Debt	8 555 000	9 061 000	9 744 000	4 925 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,83 %	48,58 %	68,74 %	21,39 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	20,21 %	32,32 %	42 %	16,54 %
Current Ratio	1,54	1,67	1,72	3,73
Quick Ratio	1,6	1,74	1,79	5,02
Equity Ratio	0,38	0,43	0,45	0,77
Gross Profit Margin	90,96 %	87,82 %	92,95 %	86,13 %