KUNSTVERKET GALLERI AS

0153 OSLO

Finances

Share Ownership

Return on Equity

−50,83 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 287 000	12 237 000	9 504 000	10 806 000
Net Income	−1 584 000	1 140 000	667 000	378 000
Total Assets	6 341 000	9 892 000	6 979 000	6 648 000
Total Equity	3 116 000	4 700 000	3 560 000	2 893 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 287 000	12 237 000	9 504 000	10 806 000
Expenditure	9 865 000	10 799 000	8 676 000	10 324 000
Operating Profit	−1 578 000	1 437 000	827 000	482 000
Financial Income	9 000	0	4 000	1 000
Financial Costs	15 000	19 000	8 000	15 000
Financial Balance	−6 000	−19 000	−4 000	−14 000
Earnings Before Tax	−1 584 000	1 418 000	823 000	469 000
Tax	0	278 000	155 000	91 000
Net Income	−1 584 000	1 140 000	667 000	378 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	6 341 000	9 892 000	6 979 000	6 648 000
Total Assets	6 341 000	9 892 000	6 979 000	6 648 000
Total Retained Equity	3 016 000	4 600 000	3 460 000	2 793 000
Total Equity	3 116 000	4 700 000	3 560 000	2 893 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 225 000	5 192 000	3 418 000	3 755 000
Total Equity and Debt	6 341 000	9 892 000	6 979 000	6 648 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 232 000	12 200 000	9 322 000	10 802 000
Other Income	56 000	37 000	182 000	4 000
Revenue	8 287 000	12 237 000	9 504 000	10 806 000
Cost of Goods Sold	2 200 000	2 855 000	2 542 000	2 646 000
Salary Costs	4 813 000	5 268 000	3 802 000	4 863 000
Depreciation	0	0	0	16 000
Impairment	0	0	0	0
Expenditure	9 865 000	10 799 000	8 676 000	10 324 000
Operating Profit	−1 578 000	1 437 000	827 000	482 000
Financial Income	9 000	0	4 000	1 000
Financial Costs	15 000	19 000	8 000	15 000
Financial Balance	−6 000	−19 000	−4 000	−14 000
Dividends	0	0	0	0
Net Income	−1 584 000	1 140 000	667 000	378 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	2 977 000	3 134 000	2 709 000	2 788 000
Total Investments	0	0	0	0
Cash, Bank	2 526 000	4 751 000	3 417 000	2 271 000
Total Current Assets	6 341 000	9 892 000	6 979 000	6 648 000
Total Assets	6 341 000	9 892 000	6 979 000	6 648 000
Total Equity	3 116 000	4 700 000	3 560 000	2 893 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	518 000	1 024 000	533 000	553 000
Unpaid Taxes	407 000	554 000	334 000	380 000
Dividends	0	0	0	0
Other Current Debt	2 300 000	3 335 000	2 396 000	2 730 000
Total Current Debt	3 225 000	5 192 000	3 418 000	3 755 000
Total Equity and Debt	6 341 000	9 892 000	6 979 000	6 648 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−50,83 %	24,26 %	18,74 %	13,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−19,04 %	11,74 %	8,7 %	4,46 %
Current Ratio	1,97	1,91	2,04	1,77
Quick Ratio	25,57	4,81	9,84	6,87
Equity Ratio	0,49	0,48	0,51	0,44
Gross Profit Margin	73,45 %	76,67 %	73,25 %	75,51 %