FORSKNINGSSTIFTELSEN FAFO

0650 OSLO

Finances

Return on Equity

−5,13 %

Current Ratio

4,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 718 000	8 160 000	7 563 000	10 061 000
Net Income	−3 741 000	−379 000	38 000	1 980 000
Total Assets	75 894 000	78 818 000	79 767 000	83 658 000
Total Equity	72 930 000	76 671 000	77 050 000	77 012 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 718 000	8 160 000	7 563 000	10 061 000
Expenditure	13 728 000	9 840 000	9 830 000	10 941 000
Operating Profit	−4 010 000	−1 680 000	−2 267 000	−880 000
Financial Income	346 000	1 384 000	2 535 000	3 091 000
Financial Costs	77 000	83 000	230 000	231 000
Financial Balance	269 000	1 301 000	2 305 000	2 860 000
Earnings Before Tax	−3 741 000	−379 000	38 000	1 980 000
Tax	0	0	0	0
Net Income	−3 741 000	−379 000	38 000	1 980 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 211 000	62 663 000	63 677 000	63 343 000
Total Current Assets	14 683 000	16 155 000	16 090 000	20 315 000
Total Assets	75 894 000	78 818 000	79 767 000	83 658 000
Total Retained Equity	22 730 000	26 471 000	26 850 000	26 812 000
Total Equity	72 930 000	76 671 000	77 050 000	77 012 000
Total Long-Term Debt	0	0	0	3 595 000
Total Current Debt	2 964 000	2 148 000	2 717 000	3 050 000
Total Equity and Debt	75 894 000	78 819 000	79 767 000	83 657 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 913 000	1 002 000	1 002 000	3 002 000
Other Income	7 805 000	7 158 000	6 561 000	7 059 000
Revenue	9 718 000	8 160 000	7 563 000	10 061 000
Cost of Goods Sold	848 000	0	0	0
Salary Costs	2 211 000	2 114 000	1 784 000	2 127 000
Depreciation	1 871 000	1 830 000	1 761 000	1 644 000
Impairment	0	0	0	0
Expenditure	13 728 000	9 840 000	9 830 000	10 941 000
Operating Profit	−4 010 000	−1 680 000	−2 267 000	−880 000
Financial Income	346 000	1 384 000	2 535 000	3 091 000
Financial Costs	77 000	83 000	230 000	231 000
Financial Balance	269 000	1 301 000	2 305 000	2 860 000
Dividends	0	0	0	0
Net Income	−3 741 000	−379 000	38 000	1 980 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	35 343 000	36 461 000	37 351 000	36 859 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	710 000	1 004 000	1 300 000
Total Tangible Assets	35 343 000	37 171 000	38 355 000	38 159 000
Total Fiancial Fixed Assets	25 868 000	25 492 000	25 322 000	25 184 000
Total Fixed Assets	61 211 000	62 663 000	63 677 000	63 343 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 366 000	11 759 000	12 000 000	12 670 000
Total Current Assets	14 683 000	16 155 000	16 090 000	20 315 000
Total Assets	75 894 000	78 818 000	79 767 000	83 658 000
Total Equity	72 930 000	76 671 000	77 050 000	77 012 000
Short-Term Group Debt	846 000	378 000	586 000	0
Total Long-Term Debt	0	0	0	3 595 000
Creditors	1 526 000	1 324 000	1 752 000	2 619 000
Unpaid Taxes	324 000	273 000	223 000	259 000
Dividends	0	0	0	0
Other Current Debt	268 000	173 000	156 000	172 000
Total Current Debt	2 964 000	2 148 000	2 717 000	3 050 000
Total Equity and Debt	75 894 000	78 819 000	79 767 000	83 657 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,13 %	−0,49 %	0,05 %	2,57 %
Debt-to-Equity Ratio	0	0	0	0,05
Operating Profit Margin	−41,26 %	−20,59 %	−29,97 %	−8,75 %
Current Ratio	4,95	7,52	5,92	6,66
Quick Ratio	4,95	7,52	5,92	6,66
Equity Ratio	0,96	0,97	0,97	0,92
Gross Profit Margin	91,27 %	100 %	100 %	100 %