NORSK SENTER FOR FOLKEMUSIKK OG FOLKEDANS

7049 TRONDHEIM

Finances

Share Ownership

Return on Equity

44,99 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 738 000	15 269 000	14 770 000	14 683 000
Net Income	2 816 000	1 545 000	386 000	−2 405 000
Total Assets	12 463 000	8 399 000	5 607 000	4 930 000
Total Equity	6 259 000	3 443 000	1 898 000	1 512 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 738 000	15 269 000	14 770 000	14 683 000
Expenditure	14 223 000	13 727 000	14 376 000	17 128 000
Operating Profit	2 514 000	1 543 000	395 000	−2 445 000
Financial Income	307 000	4 000	16 000	52 000
Financial Costs	5 000	2 000	24 000	13 000
Financial Balance	302 000	2 000	−8 000	39 000
Earnings Before Tax	2 816 000	1 545 000	386 000	−2 405 000
Tax	0	0	0	0
Net Income	2 816 000	1 545 000	386 000	−2 405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 000	82 000	235 000	366 000
Total Current Assets	12 375 000	8 318 000	5 372 000	4 563 000
Total Assets	12 463 000	8 399 000	5 607 000	4 930 000
Total Retained Equity	5 752 000	2 936 000	1 391 000	1 005 000
Total Equity	6 259 000	3 443 000	1 898 000	1 512 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 204 000	4 956 000	3 709 000	3 418 000
Total Equity and Debt	12 463 000	8 399 000	5 607 000	4 930 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 455 000	14 775 000	13 970 000	13 834 000
Other Income	1 283 000	494 000	800 000	850 000
Revenue	16 738 000	15 269 000	14 770 000	14 683 000
Cost of Goods Sold	0	1 000	0	12 000
Salary Costs	7 735 000	7 842 000	7 039 000	7 785 000
Depreciation	85 000	154 000	191 000	1 657 000
Impairment	0	0	0	1 243 000
Expenditure	14 223 000	13 727 000	14 376 000	17 128 000
Operating Profit	2 514 000	1 543 000	395 000	−2 445 000
Financial Income	307 000	4 000	16 000	52 000
Financial Costs	5 000	2 000	24 000	13 000
Financial Balance	302 000	2 000	−8 000	39 000
Dividends	0	0	0	0
Net Income	2 816 000	1 545 000	386 000	−2 405 000

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	88 000	82 000	235 000	366 000
Total Tangible Assets	88 000	82 000	235 000	366 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	88 000	82 000	235 000	366 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 723 000	7 281 000	5 837 000	4 614 000
Total Current Assets	12 375 000	8 318 000	5 372 000	4 563 000
Total Assets	12 463 000	8 399 000	5 607 000	4 930 000
Total Equity	6 259 000	3 443 000	1 898 000	1 512 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	374 000	384 000	869 000	497 000
Unpaid Taxes	534 000	432 000	541 000	552 000
Dividends	0	0	0	0
Other Current Debt	5 297 000	4 141 000	2 299 000	2 368 000
Total Current Debt	6 204 000	4 956 000	3 709 000	3 418 000
Total Equity and Debt	12 463 000	8 399 000	5 607 000	4 930 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,99 %	44,87 %	20,34 %	−159,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,02 %	10,11 %	2,67 %	−16,65 %
Current Ratio	1,99	1,68	1,45	1,33
Quick Ratio	1,99	1,68	1,45	1,33
Equity Ratio	0,5	0,41	0,34	0,31
Gross Profit Margin	100 %	99,99 %	100 %	99,92 %