BERGENS KUNSTFORENING

5015 BERGEN

Finances

Share Ownership

Return on Equity

440,27 %

Current Ratio

2,06

Debt-to-Equity Ratio

−20,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 865 000	22 255 000	19 919 000	19 485 000
Net Income	−1 946 000	1 802 000	2 072 000	2 378 000
Total Assets	12 247 000	14 909 000	15 056 000	12 966 000
Total Equity	−442 000	1 504 000	−298 000	−2 370 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 865 000	22 255 000	19 919 000	19 485 000
Expenditure	23 480 000	20 226 000	17 567 000	16 729 000
Operating Profit	−1 615 000	2 029 000	2 352 000	2 755 000
Financial Income	55 000	27 000	43 000	48 000
Financial Costs	378 000	243 000	315 000	419 000
Financial Balance	−323 000	−216 000	−272 000	−371 000
Earnings Before Tax	−1 938 000	1 813 000	2 081 000	2 384 000
Tax	8 000	10 000	9 000	6 000
Net Income	−1 946 000	1 802 000	2 072 000	2 378 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 948 000	4 833 000	5 271 000	5 313 000
Total Current Assets	7 299 000	10 076 000	9 785 000	7 653 000
Total Assets	12 247 000	14 909 000	15 056 000	12 966 000
Total Retained Equity	−442 000	1 504 000	−298 000	−2 370 000
Total Equity	−442 000	1 504 000	−298 000	−2 370 000
Total Long-Term Debt	9 152 000	10 670 000	11 640 000	12 610 000
Total Current Debt	3 537 000	2 735 000	3 715 000	2 726 000
Total Equity and Debt	12 247 000	14 909 000	15 056 000	12 966 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 916 000	18 808 000	17 505 000	15 825 000
Other Income	2 949 000	3 447 000	2 413 000	3 660 000
Revenue	21 865 000	22 255 000	19 919 000	19 485 000
Cost of Goods Sold	6 793 000	6 124 000	4 957 000	4 108 000
Salary Costs	11 423 000	9 399 000	8 913 000	8 444 000
Depreciation	581 000	538 000	639 000	622 000
Impairment	0	0	0	0
Expenditure	23 480 000	20 226 000	17 567 000	16 729 000
Operating Profit	−1 615 000	2 029 000	2 352 000	2 755 000
Financial Income	55 000	27 000	43 000	48 000
Financial Costs	378 000	243 000	315 000	419 000
Financial Balance	−323 000	−216 000	−272 000	−371 000
Dividends	0	0	0	0
Net Income	−1 946 000	1 802 000	2 072 000	2 378 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 110 000	3 851 000	4 148 000	3 998 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	800 000	945 000	1 085 000	1 290 000
Total Tangible Assets	4 910 000	4 795 000	5 233 000	5 288 000
Total Fiancial Fixed Assets	38 000	38 000	38 000	25 000
Total Fixed Assets	4 948 000	4 833 000	5 271 000	5 313 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 193 000	9 377 000	8 008 000	7 129 000
Total Current Assets	7 299 000	10 076 000	9 785 000	7 653 000
Total Assets	12 247 000	14 909 000	15 056 000	12 966 000
Total Equity	−442 000	1 504 000	−298 000	−2 370 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 152 000	10 670 000	11 640 000	12 610 000
Creditors	1 455 000	688 000	1 046 000	390 000
Unpaid Taxes	774 000	764 000	653 000	601 000
Dividends	0	0	0	0
Other Current Debt	1 307 000	1 283 000	2 016 000	1 735 000
Total Current Debt	3 537 000	2 735 000	3 715 000	2 726 000
Total Equity and Debt	12 247 000	14 909 000	15 056 000	12 966 000

Financial indicators	2022	2021	2020	2019
Return on Equity	440,27 %	119,81 %	−695,3 %	−100,34 %
Debt-to-Equity Ratio	−20,71	7,09	−39,06	−5,32
Operating Profit Margin	−7,39 %	9,12 %	11,81 %	14,14 %
Current Ratio	2,06	3,68	2,63	2,81
Quick Ratio	2,06	3,68	2,63	2,81
Equity Ratio	−0,04	0,1	−0,02	−0,18
Gross Profit Margin	68,93 %	72,48 %	75,11 %	78,92 %