STIFTINGA VESTLANDSFORSKING

6856 SOGNDAL

Finances

Return on Equity

13,12 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 629 000	38 739 000	38 188 000	38 667 000
Net Income	2 799 000	917 000	2 950 000	907 000
Total Assets	44 106 000	41 503 000	40 810 000	40 913 000
Total Equity	21 340 000	18 542 000	17 625 000	14 675 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 629 000	38 739 000	38 188 000	38 667 000
Expenditure	50 922 000	37 932 000	35 290 000	37 914 000
Operating Profit	2 706 000	806 000	2 899 000	752 000
Financial Income	405 000	180 000	209 000	478 000
Financial Costs	172 000	24 000	21 000	254 000
Financial Balance	233 000	156 000	188 000	224 000
Earnings Before Tax	2 938 000	962 000	3 086 000	976 000
Tax	140 000	45 000	136 000	69 000
Net Income	2 799 000	917 000	2 950 000	907 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 823 000	5 042 000	5 035 000	4 981 000
Total Current Assets	36 282 000	36 461 000	35 775 000	35 931 000
Total Assets	44 106 000	41 503 000	40 810 000	40 913 000
Total Retained Equity	17 340 000	14 542 000	13 625 000	10 675 000
Total Equity	21 340 000	18 542 000	17 625 000	14 675 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 765 000	22 961 000	23 185 000	26 238 000
Total Equity and Debt	44 106 000	41 503 000	40 810 000	40 913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 629 000	38 739 000	38 188 000	38 667 000
Other Income	0	0	0	0
Revenue	53 629 000	38 739 000	38 188 000	38 667 000
Cost of Goods Sold	15 905 000	7 334 000	8 064 000	11 043 000
Salary Costs	29 585 000	25 483 000	23 055 000	21 603 000
Depreciation	332 000	330 000	299 000	242 000
Impairment	0	0	0	0
Expenditure	50 922 000	37 932 000	35 290 000	37 914 000
Operating Profit	2 706 000	806 000	2 899 000	752 000
Financial Income	405 000	180 000	209 000	478 000
Financial Costs	172 000	24 000	21 000	254 000
Financial Balance	233 000	156 000	188 000	224 000
Dividends	0	0	0	0
Net Income	2 799 000	917 000	2 950 000	907 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	295 000	375 000	404 000	331 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	441 000	544 000	719 000	896 000
Total Tangible Assets	441 000	544 000	719 000	896 000
Total Fiancial Fixed Assets	7 087 000	4 123 000	3 912 000	3 754 000
Total Fixed Assets	7 823 000	5 042 000	5 035 000	4 981 000
Stock	9 385 000	5 396 000	3 554 000	3 400 000
Total Investments	0	0	0	0
Cash, Bank	22 652 000	23 449 000	26 157 000	26 318 000
Total Current Assets	36 282 000	36 461 000	35 775 000	35 931 000
Total Assets	44 106 000	41 503 000	40 810 000	40 913 000
Total Equity	21 340 000	18 542 000	17 625 000	14 675 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 624 000	1 899 000	1 334 000	4 407 000
Unpaid Taxes	2 969 000	2 344 000	1 782 000	1 685 000
Dividends	0	0	0	0
Other Current Debt	12 033 000	18 673 000	19 935 000	20 078 000
Total Current Debt	22 765 000	22 961 000	23 185 000	26 238 000
Total Equity and Debt	44 106 000	41 503 000	40 810 000	40 913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,12 %	4,95 %	16,74 %	6,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,05 %	2,08 %	7,59 %	1,94 %
Current Ratio	1,59	1,59	1,54	1,37
Quick Ratio	2,71	2,08	1,82	1,57
Equity Ratio	0,48	0,45	0,43	0,36
Gross Profit Margin	70,34 %	81,07 %	78,88 %	71,44 %