CAK - AFRIKANSK KULTURINSTITUTT

0354 OSLO

Finances

Share Ownership

Return on Equity

4,61 %

Current Ratio

0,64

Debt-to-Equity Ratio

−0,18

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 108 000	2 687 000	3 221 000	2 907 000
Net Income	−24 000	−43 000	186 000	−219 000
Total Assets	1 084 000	1 190 000	969 000	437 000
Total Equity	−521 000	−497 000	−454 000	−640 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 108 000	2 687 000	3 221 000	2 907 000
Expenditure	2 130 000	2 724 000	3 005 000	3 122 000
Operating Profit	−22 000	−37 000	215 000	−215 000
Financial Income	0	1 000	2 000	1 000
Financial Costs	2 000	8 000	32 000	5 000
Financial Balance	−2 000	−7 000	−30 000	−4 000
Earnings Before Tax	−24 000	−43 000	186 000	−219 000
Tax	0	0	0	0
Net Income	−24 000	−43 000	186 000	−219 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	113 000	116 000	64 000	67 000
Total Current Assets	971 000	1 074 000	905 000	370 000
Total Assets	1 084 000	1 190 000	969 000	437 000
Total Retained Equity	−571 000	−547 000	−504 000	−690 000
Total Equity	−521 000	−497 000	−454 000	−640 000
Total Long-Term Debt	93 000	93 000	98 000	113 000
Total Current Debt	1 512 000	1 594 000	1 325 000	963 000
Total Equity and Debt	1 084 000	1 190 000	969 000	437 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 069 000	2 563 000	3 156 000	359 000
Other Income	38 000	124 000	66 000	2 548 000
Revenue	2 108 000	2 687 000	3 221 000	2 907 000
Cost of Goods Sold	114 000	492 000	1 063 000	729 000
Salary Costs	445 000	722 000	357 000	721 000
Depreciation	3 000	3 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	2 130 000	2 724 000	3 005 000	3 122 000
Operating Profit	−22 000	−37 000	215 000	−215 000
Financial Income	0	1 000	2 000	1 000
Financial Costs	2 000	8 000	32 000	5 000
Financial Balance	−2 000	−7 000	−30 000	−4 000
Dividends	0	0	0	0
Net Income	−24 000	−43 000	186 000	−219 000

Balance details (NOK)	2021	2020	2019	2018
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	57 000	60 000	64 000	67 000
Total Tangible Assets	57 000	60 000	64 000	67 000
Total Fiancial Fixed Assets	56 000	56 000	0	0
Total Fixed Assets	113 000	116 000	64 000	67 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	173 000	309 000	412 000	291 000
Total Current Assets	971 000	1 074 000	905 000	370 000
Total Assets	1 084 000	1 190 000	969 000	437 000
Total Equity	−521 000	−497 000	−454 000	−640 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	93 000	93 000	98 000	113 000
Creditors	1 031 000	1 119 000	958 000	781 000
Unpaid Taxes	111 000	114 000	30 000	64 000
Dividends	0	0	0	0
Other Current Debt	369 000	361 000	337 000	118 000
Total Current Debt	1 512 000	1 594 000	1 325 000	963 000
Total Equity and Debt	1 084 000	1 190 000	969 000	437 000

Financial indicators	2021	2020	2019	2018
Return on Equity	4,61 %	8,65 %	−40,97 %	34,22 %
Debt-to-Equity Ratio	−0,18	−0,19	−0,22	−0,18
Operating Profit Margin	−1,04 %	−1,38 %	6,67 %	−7,4 %
Current Ratio	0,64	0,67	0,68	0,38
Quick Ratio	0,64	0,67	0,68	0,38
Equity Ratio	−0,48	−0,42	−0,47	−1,46
Gross Profit Margin	94,59 %	81,69 %	67 %	74,92 %