STIFTELSEN NORGES GEOTEKNISKE INSTITUTT

0484 OSLO

Finances

Return on Equity

39,28 %

Current Ratio

2,24

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	678 421 000	613 232 000	611 639 000	543 043 000
Net Income	208 061 000	−11 766 000	25 271 000	12 686 000
Total Assets	786 783 000	571 004 000	514 087 000	450 358 000
Total Equity	529 645 000	321 583 000	333 349 000	308 078 000

Income (NOK)	2022	2021	2020	2019
Revenue	678 421 000	613 232 000	611 639 000	543 043 000
Expenditure	693 731 000	631 432 000	584 456 000	533 222 000
Operating Profit	−15 310 000	−18 200 000	27 183 000	9 821 000
Financial Income	223 584 000	3 817 000	5 695 000	5 151 000
Financial Costs	1 781 000	2 536 000	1 886 000	888 000
Financial Balance	221 803 000	1 281 000	3 809 000	4 263 000
Earnings Before Tax	206 493 000	−16 919 000	30 992 000	14 083 000
Tax	−1 568 000	−5 153 000	5 721 000	1 398 000
Net Income	208 061 000	−11 766 000	25 271 000	12 686 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	261 155 000	275 313 000	200 673 000	193 240 000
Total Current Assets	525 628 000	295 691 000	313 414 000	257 119 000
Total Assets	786 783 000	571 004 000	514 087 000	450 358 000
Total Retained Equity	499 645 000	291 583 000	303 349 000	278 078 000
Total Equity	529 645 000	321 583 000	333 349 000	308 078 000
Total Long-Term Debt	22 764 000	27 595 000	273 000	279 000
Total Current Debt	234 374 000	221 826 000	180 465 000	142 002 000
Total Equity and Debt	786 783 000	571 004 000	514 087 000	450 358 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	666 629 000	599 684 000	611 239 000	553 460 000
Other Income	11 792 000	13 548 000	400 000	−10 417 000
Revenue	678 421 000	613 232 000	611 639 000	543 043 000
Cost of Goods Sold	100 521 000	85 973 000	93 987 000	80 131 000
Salary Costs	411 293 000	392 723 000	353 222 000	321 627 000
Depreciation	18 631 000	11 723 000	11 502 000	10 758 000
Impairment	0	0	0	329 000
Expenditure	693 731 000	631 432 000	584 456 000	533 222 000
Operating Profit	−15 310 000	−18 200 000	27 183 000	9 821 000
Financial Income	223 584 000	3 817 000	5 695 000	5 151 000
Financial Costs	1 781 000	2 536 000	1 886 000	888 000
Financial Balance	221 803 000	1 281 000	3 809 000	4 263 000
Dividends	0	0	0	0
Net Income	208 061 000	−11 766 000	25 271 000	12 686 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 743 000	0	12 670 000	10 324 000
Real Eastate	27 286 000	19 959 000	63 859 000	61 542 000
Machinery and Plant Facilities	19 519 000	28 516 000	16 863 000	17 991 000
Fixtures	8 503 000	2 154 000	3 677 000	3 674 000
Total Tangible Assets	55 308 000	50 629 000	84 399 000	83 206 000
Total Fiancial Fixed Assets	190 104 000	224 684 000	103 604 000	99 710 000
Total Fixed Assets	261 155 000	275 313 000	200 673 000	193 240 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	345 466 000	137 246 000	201 314 000	152 608 000
Total Current Assets	525 628 000	295 691 000	313 414 000	257 119 000
Total Assets	786 783 000	571 004 000	514 087 000	450 358 000
Total Equity	529 645 000	321 583 000	333 349 000	308 078 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 764 000	27 595 000	273 000	279 000
Creditors	38 788 000	47 296 000	38 813 000	28 839 000
Unpaid Taxes	40 633 000	32 468 000	28 202 000	27 594 000
Dividends	0	0	0	0
Other Current Debt	85 305 000	73 554 000	110 225 000	85 569 000
Total Current Debt	234 374 000	221 826 000	180 465 000	142 002 000
Total Equity and Debt	786 783 000	571 004 000	514 087 000	450 358 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,28 %	−3,66 %	7,58 %	4,12 %
Debt-to-Equity Ratio	0,04	0,09	0	0
Operating Profit Margin	−2,26 %	−2,97 %	4,44 %	1,81 %
Current Ratio	2,24	1,33	1,74	1,81
Quick Ratio	2,24	1,33	1,74	1,81
Equity Ratio	0,67	0,56	0,65	0,68
Gross Profit Margin	85,18 %	85,98 %	84,63 %	85,24 %