FORART INSTITUTT FOR FORSKNING I SAMTIDSKUNST

0252 OSLO

Finances

Share Ownership

Return on Equity

−2,04 %

Current Ratio

2 376

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−97 000	−312 000	−55 000	−168 000
Total Assets	4 752 000	4 903 000	5 160 000	5 222 000
Total Equity	4 750 000	4 847 000	5 159 000	5 214 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	126 000	348 000	120 000	234 000
Operating Profit	−126 000	−348 000	−120 000	−234 000
Financial Income	29 000	35 000	65 000	68 000
Financial Costs	0	0	0	2 000
Financial Balance	29 000	35 000	65 000	66 000
Earnings Before Tax	−97 000	−312 000	−55 000	−168 000
Tax	0	0	0	0
Net Income	−97 000	−312 000	−55 000	−168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 752 000	4 903 000	5 160 000	5 222 000
Total Assets	4 752 000	4 903 000	5 160 000	5 222 000
Total Retained Equity	4 250 000	4 347 000	4 659 000	4 714 000
Total Equity	4 750 000	4 847 000	5 159 000	5 214 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 000	56 000	1 000	8 000
Total Equity and Debt	4 752 000	4 903 000	5 160 000	5 222 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	260 000	60 000	75 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	126 000	348 000	120 000	234 000
Operating Profit	−126 000	−348 000	−120 000	−234 000
Financial Income	29 000	35 000	65 000	68 000
Financial Costs	0	0	0	2 000
Financial Balance	29 000	35 000	65 000	66 000
Dividends	0	0	0	0
Net Income	−97 000	−312 000	−55 000	−168 000

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	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 752 000	4 885 000	5 117 000	5 180 000
Total Current Assets	4 752 000	4 903 000	5 160 000	5 222 000
Total Assets	4 752 000	4 903 000	5 160 000	5 222 000
Total Equity	4 750 000	4 847 000	5 159 000	5 214 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	6 000	1 000	2 000
Unpaid Taxes	0	0	0	6 000
Dividends	0	0	0	0
Other Current Debt	2 000	50 000	0	0
Total Current Debt	2 000	56 000	1 000	8 000
Total Equity and Debt	4 752 000	4 903 000	5 160 000	5 222 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,04 %	−6,44 %	−1,07 %	−3,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2 376	87,55	5 160	652,75
Quick Ratio	2 376	87,55	5 160	652,75
Equity Ratio	1	0,99	1	1
Gross Profit Margin	-	-	-	-