STIFTELSEN RINGERIKE KULTUREIENDOM

3510 HØNEFOSS

Finances

Return on Equity

−37,5 %

Current Ratio

2,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	16 289 000	10 582 000	287 000
Net Income	−17 304 000	8 249 000	−174 000
Total Assets	55 871 000	65 533 000	43 079 000
Total Equity	46 138 000	63 442 000	41 826 000

Income (NOK)	2022	2021	2020
Revenue	16 289 000	10 582 000	287 000
Expenditure	33 607 000	1 331 000	464 000
Operating Profit	−17 317 000	9 251 000	−177 000
Financial Income	13 000	0	3 000
Financial Costs	0	1 002 000	0
Financial Balance	13 000	−1 002 000	3 000
Earnings Before Tax	−17 304 000	8 249 000	−174 000
Tax	0	0	0
Net Income	−17 304 000	8 249 000	−174 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	29 215 000	43 257 000	28 536 000
Total Current Assets	26 656 000	22 276 000	14 544 000
Total Assets	55 871 000	65 533 000	43 079 000
Total Retained Equity	4 138 000	21 442 000	−174 000
Total Equity	46 138 000	63 442 000	41 826 000
Total Long-Term Debt	0	0	0
Total Current Debt	9 733 000	2 091 000	1 253 000
Total Equity and Debt	55 871 000	65 533 000	43 079 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	16 289 000	10 582 000	287 000
Revenue	16 289 000	10 582 000	287 000
Cost of Goods Sold	0	0	0
Salary Costs	472 000	374 000	165 000
Depreciation	0	0	0
Impairment	25 903 000	0	0
Expenditure	33 607 000	1 331 000	464 000
Operating Profit	−17 317 000	9 251 000	−177 000
Financial Income	13 000	0	3 000
Financial Costs	0	1 002 000	0
Financial Balance	13 000	−1 002 000	3 000
Dividends	0	0	0
Net Income	−17 304 000	8 249 000	−174 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	29 078 000	43 121 000	27 399 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	29 078 000	43 121 000	27 399 000
Total Fiancial Fixed Assets	136 000	136 000	1 136 000
Total Fixed Assets	29 215 000	43 257 000	28 536 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	24 485 000	22 271 000	11 992 000
Total Current Assets	26 656 000	22 276 000	14 544 000
Total Assets	55 871 000	65 533 000	43 079 000
Total Equity	46 138 000	63 442 000	41 826 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	8 319 000	917 000	56 000
Unpaid Taxes	33 000	0	0
Dividends	0	0	0
Other Current Debt	1 381 000	1 175 000	1 198 000
Total Current Debt	9 733 000	2 091 000	1 253 000
Total Equity and Debt	55 871 000	65 533 000	43 079 000

Financial indicators	2022	2021	2020
Return on Equity	−37,5 %	13 %	−0,42 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−106,31 %	87,42 %	−61,67 %
Current Ratio	2,74	10,65	11,61
Quick Ratio	2,74	10,65	11,61
Equity Ratio	0,83	0,97	0,97
Gross Profit Margin	100 %	100 %	100 %