NORDNORSK KUNSTMUSEUM

9008 TROMSØ

Finances

Share Ownership

Return on Equity

48 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 376 000	32 879 000	27 839 000	25 357 000
Net Income	6 076 000	2 226 000	317 000	198 000
Total Assets	26 702 000	12 049 000	11 790 000	7 593 000
Total Equity	12 658 000	6 582 000	4 355 000	4 038 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 376 000	32 879 000	27 839 000	25 357 000
Expenditure	23 397 000	30 656 000	27 544 000	25 208 000
Operating Profit	5 979 000	2 223 000	294 000	149 000
Financial Income	97 000	6 000	25 000	50 000
Financial Costs	0	3 000	2 000	1 000
Financial Balance	97 000	3 000	23 000	49 000
Earnings Before Tax	6 076 000	2 226 000	317 000	198 000
Tax	0	0	0	0
Net Income	6 076 000	2 226 000	317 000	198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 560 000	52 000	74 000	113 000
Total Current Assets	25 142 000	11 997 000	11 715 000	7 480 000
Total Assets	26 702 000	12 049 000	11 790 000	7 593 000
Total Retained Equity	12 558 000	6 482 000	4 255 000	3 938 000
Total Equity	12 658 000	6 582 000	4 355 000	4 038 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 044 000	5 467 000	7 435 000	3 555 000
Total Equity and Debt	26 702 000	12 049 000	11 790 000	7 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	29 376 000	32 879 000	27 839 000	25 357 000
Revenue	29 376 000	32 879 000	27 839 000	25 357 000
Cost of Goods Sold	253 000	225 000	570 000	392 000
Salary Costs	8 948 000	8 990 000	10 025 000	8 770 000
Depreciation	125 000	23 000	39 000	125 000
Impairment	0	0	0	0
Expenditure	23 397 000	30 656 000	27 544 000	25 208 000
Operating Profit	5 979 000	2 223 000	294 000	149 000
Financial Income	97 000	6 000	25 000	50 000
Financial Costs	0	3 000	2 000	1 000
Financial Balance	97 000	3 000	23 000	49 000
Dividends	0	0	0	0
Net Income	6 076 000	2 226 000	317 000	198 000

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	1 560 000	52 000	74 000	113 000
Total Tangible Assets	1 560 000	52 000	74 000	113 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 560 000	52 000	74 000	113 000
Stock	350 000	290 000	367 000	347 000
Total Investments	0	0	0	0
Cash, Bank	23 390 000	11 361 000	8 977 000	7 019 000
Total Current Assets	25 142 000	11 997 000	11 715 000	7 480 000
Total Assets	26 702 000	12 049 000	11 790 000	7 593 000
Total Equity	12 658 000	6 582 000	4 355 000	4 038 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 033 000	389 000	1 910 000	641 000
Unpaid Taxes	705 000	281 000	523 000	340 000
Dividends	0	0	0	0
Other Current Debt	10 306 000	4 797 000	5 001 000	2 574 000
Total Current Debt	14 044 000	5 467 000	7 435 000	3 555 000
Total Equity and Debt	26 702 000	12 049 000	11 790 000	7 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48 %	33,82 %	7,28 %	4,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,35 %	6,76 %	1,06 %	0,59 %
Current Ratio	1,79	2,19	1,58	2,1
Quick Ratio	1,84	2,32	1,66	2,33
Equity Ratio	0,47	0,55	0,37	0,53
Gross Profit Margin	99,14 %	99,32 %	97,95 %	98,45 %