TRONDHJEMS KUNSTFORENING

7013 TRONDHEIM

Finances

Share Ownership

Return on Equity

47,31 %

Current Ratio

0,94

Debt-to-Equity Ratio

−1

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 764 000	1 761 000	1 832 000	1 586 000
Net Income	−343 000	83 000	125 000	43 000
Total Assets	3 080 000	1 341 000	1 426 000	458 000
Total Equity	−725 000	−382 000	−465 000	−640 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 764 000	1 761 000	1 832 000	1 586 000
Expenditure	1 906 000	1 557 000	1 565 000	1 422 000
Operating Profit	−142 000	205 000	266 000	163 000
Financial Income	0	0	0	0
Financial Costs	46 000	54 000	52 000	51 000
Financial Balance	−46 000	−54 000	−52 000	−51 000
Earnings Before Tax	−188 000	151 000	214 000	112 000
Tax	154 000	68 000	89 000	70 000
Net Income	−343 000	83 000	125 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	200 000	200 000	200 000	200 000
Total Current Assets	2 880 000	1 141 000	1 226 000	257 000
Total Assets	3 080 000	1 341 000	1 426 000	458 000
Total Retained Equity	−894 000	−551 000	−634 000	−809 000
Total Equity	−725 000	−382 000	−465 000	−640 000
Total Long-Term Debt	728 000	828 000	995 000	888 000
Total Current Debt	3 078 000	896 000	896 000	209 000
Total Equity and Debt	3 080 000	1 341 000	1 426 000	458 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	226 000	218 000	131 000	208 000
Other Income	1 538 000	1 543 000	1 701 000	1 377 000
Revenue	1 764 000	1 761 000	1 832 000	1 586 000
Cost of Goods Sold	170 000	218 000	38 000	83 000
Salary Costs	279 000	435 000	513 000	688 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 906 000	1 557 000	1 565 000	1 422 000
Operating Profit	−142 000	205 000	266 000	163 000
Financial Income	0	0	0	0
Financial Costs	46 000	54 000	52 000	51 000
Financial Balance	−46 000	−54 000	−52 000	−51 000
Dividends	0	0	0	0
Net Income	−343 000	83 000	125 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	200 000	200 000	200 000	200 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	200 000	200 000	200 000	200 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	200 000	200 000	200 000	200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 856 000	739 000	708 000	166 000
Total Current Assets	2 880 000	1 141 000	1 226 000	257 000
Total Assets	3 080 000	1 341 000	1 426 000	458 000
Total Equity	−725 000	−382 000	−465 000	−640 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	728 000	828 000	995 000	888 000
Creditors	48 000	89 000	81 000	37 000
Unpaid Taxes	28 000	45 000	71 000	54 000
Dividends	0	0	0	0
Other Current Debt	2 840 000	694 000	656 000	61 000
Total Current Debt	3 078 000	896 000	896 000	209 000
Total Equity and Debt	3 080 000	1 341 000	1 426 000	458 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,31 %	−21,73 %	−26,88 %	−6,72 %
Debt-to-Equity Ratio	−1	−2,17	−2,14	−1,39
Operating Profit Margin	−8,05 %	11,64 %	14,52 %	10,28 %
Current Ratio	0,94	1,27	1,37	1,23
Quick Ratio	0,94	1,27	1,37	1,23
Equity Ratio	−0,24	−0,28	−0,33	−1,4
Gross Profit Margin	90,36 %	87,62 %	97,93 %	94,77 %