AKO KUNSTSTIFTELSE

4610 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

25,4 %

Current Ratio

2,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	163 000 000	124 000 000	70 000 000	42 100 000
Net Income	87 455 000	71 436 000	52 907 000	19 899 000
Total Assets	362 730 000	259 647 000	187 587 000	220 351 000
Total Equity	344 309 000	256 854 000	185 419 000	132 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	163 000 000	124 000 000	70 000 000	42 100 000
Expenditure	75 832 000	52 579 000	17 148 000	22 383 000
Operating Profit	87 168 000	71 421 000	52 852 000	19 717 000
Financial Income	287 000	15 000	55 000	183 000
Financial Costs	0	0	0	0
Financial Balance	287 000	15 000	55 000	183 000
Earnings Before Tax	87 455 000	71 436 000	52 907 000	19 899 000
Tax	0	0	0	0
Net Income	87 455 000	71 436 000	52 907 000	19 899 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	312 404 000	225 163 000	165 341 000	121 640 000
Total Current Assets	50 326 000	34 484 000	22 247 000	98 711 000
Total Assets	362 730 000	259 647 000	187 587 000	220 351 000
Total Retained Equity	341 309 000	253 854 000	182 419 000	129 511 000
Total Equity	344 309 000	256 854 000	185 419 000	132 511 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 421 000	2 793 000	2 169 000	87 840 000
Total Equity and Debt	362 730 000	259 647 000	187 587 000	220 351 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	163 000 000	124 000 000	70 000 000	42 100 000
Revenue	163 000 000	124 000 000	70 000 000	42 100 000
Cost of Goods Sold	314 000	1 088 000	519 000	749 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	75 832 000	52 579 000	17 148 000	22 383 000
Operating Profit	87 168 000	71 421 000	52 852 000	19 717 000
Financial Income	287 000	15 000	55 000	183 000
Financial Costs	0	0	0	0
Financial Balance	287 000	15 000	55 000	183 000
Dividends	0	0	0	0
Net Income	87 455 000	71 436 000	52 907 000	19 899 000

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	312 404 000	225 163 000	165 341 000	121 640 000
Total Tangible Assets	312 404 000	225 163 000	165 341 000	121 640 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	312 404 000	225 163 000	165 341 000	121 640 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	48 941 000	33 148 000	20 862 000	97 296 000
Total Current Assets	50 326 000	34 484 000	22 247 000	98 711 000
Total Assets	362 730 000	259 647 000	187 587 000	220 351 000
Total Equity	344 309 000	256 854 000	185 419 000	132 511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 421 000	793 000	169 000	5 840 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000 000	2 000 000	2 000 000	82 000 000
Total Current Debt	18 421 000	2 793 000	2 169 000	87 840 000
Total Equity and Debt	362 730 000	259 647 000	187 587 000	220 351 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,4 %	27,81 %	28,53 %	15,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	53,48 %	57,6 %	75,5 %	46,83 %
Current Ratio	2,73	12,35	10,26	1,12
Quick Ratio	2,73	12,35	10,26	1,12
Equity Ratio	0,95	0,99	0,99	0,6
Gross Profit Margin	99,81 %	99,12 %	99,26 %	98,22 %