CORETTA & MARTIN LUTHER KING INSTITUTE FOR PEACE AS

0164 OSLO

Finances

Share Ownership

Return on Equity

76,78 %

Current Ratio

0,23

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 627 000	2 501 000	2 035 000	440 000
Net Income	−777 000	−595 000	183 000	146 000
Total Assets	440 000	226 000	732 000	248 000
Total Equity	−1 012 000	−235 000	359 000	176 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 627 000	2 501 000	2 035 000	440 000
Expenditure	4 387 000	3 135 000	1 800 000	253 000
Operating Profit	−759 000	−634 000	236 000	187 000
Financial Income	0	0	0	0
Financial Costs	17 000	7 000	0	0
Financial Balance	−17 000	−7 000	0	0
Earnings Before Tax	−777 000	−641 000	235 000	187 000
Tax	0	−46 000	52 000	41 000
Net Income	−777 000	−595 000	183 000	146 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 000	66 000	0	0
Total Current Assets	338 000	160 000	732 000	248 000
Total Assets	440 000	226 000	732 000	248 000
Total Retained Equity	−1 042 000	−265 000	329 000	146 000
Total Equity	−1 012 000	−235 000	359 000	176 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 451 000	461 000	372 000	72 000
Total Equity and Debt	440 000	226 000	732 000	248 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 284 000	1 422 000	1 623 000	350 000
Other Income	1 343 000	1 078 000	413 000	90 000
Revenue	3 627 000	2 501 000	2 035 000	440 000
Cost of Goods Sold	185 000	349 000	17 000	0
Salary Costs	2 366 000	1 908 000	1 278 000	113 000
Depreciation	27 000	11 000	0	0
Impairment	0	0	0	0
Expenditure	4 387 000	3 135 000	1 800 000	253 000
Operating Profit	−759 000	−634 000	236 000	187 000
Financial Income	0	0	0	0
Financial Costs	17 000	7 000	0	0
Financial Balance	−17 000	−7 000	0	0
Dividends	0	0	0	0
Net Income	−777 000	−595 000	183 000	146 000

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	101 000	66 000	0	0
Total Tangible Assets	101 000	66 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	101 000	66 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	184 000	123 000	637 000	248 000
Total Current Assets	338 000	160 000	732 000	248 000
Total Assets	440 000	226 000	732 000	248 000
Total Equity	−1 012 000	−235 000	359 000	176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	446 000	170 000	13 000	3 000
Unpaid Taxes	190 000	133 000	187 000	28 000
Dividends	0	0	0	0
Other Current Debt	815 000	185 000	120 000	0
Total Current Debt	1 451 000	461 000	372 000	72 000
Total Equity and Debt	440 000	226 000	732 000	248 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,78 %	253,19 %	50,97 %	82,95 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−20,93 %	−25,35 %	11,6 %	42,5 %
Current Ratio	0,23	0,35	1,97	3,44
Quick Ratio	0,23	0,35	1,97	3,44
Equity Ratio	−2,3	−1,04	0,49	0,71
Gross Profit Margin	94,9 %	86,05 %	99,16 %	100 %