BILLEDKUNSTNERNES VEDERLAGSFOND

0158 OSLO

Finances

Share Ownership

Return on Equity

26,58 %

Current Ratio

4,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	93 710 000	81 733 000	80 807 000	77 266 000
Net Income	5 215 000	−3 072 000	−1 653 000	3 812 000
Total Assets	25 434 000	19 702 000	22 768 000	23 945 000
Total Equity	19 621 000	14 406 000	17 477 000	19 131 000

Income (NOK)	2022	2021	2020	2019
Revenue	93 710 000	81 733 000	80 807 000	77 266 000
Expenditure	88 694 000	84 868 000	82 547 000	73 664 000
Operating Profit	5 016 000	−3 135 000	−1 741 000	3 602 000
Financial Income	199 000	64 000	87 000	211 000
Financial Costs	0	0	0	1 000
Financial Balance	199 000	64 000	87 000	210 000
Earnings Before Tax	5 215 000	−3 072 000	−1 653 000	3 812 000
Tax	0	0	0	0
Net Income	5 215 000	−3 072 000	−1 653 000	3 812 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	128 000	89 000	151 000	167 000
Total Current Assets	25 306 000	19 612 000	22 617 000	23 779 000
Total Assets	25 434 000	19 702 000	22 768 000	23 945 000
Total Retained Equity	0	0	0	0
Total Equity	19 621 000	14 406 000	17 477 000	19 131 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 813 000	5 296 000	5 291 000	4 815 000
Total Equity and Debt	25 434 000	19 702 000	22 768 000	23 945 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	93 710 000	81 733 000	80 807 000	77 266 000
Revenue	93 710 000	81 733 000	80 807 000	77 266 000
Cost of Goods Sold	0	0	0	0
Salary Costs	117 000	102 000	92 000	86 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	88 694 000	84 868 000	82 547 000	73 664 000
Operating Profit	5 016 000	−3 135 000	−1 741 000	3 602 000
Financial Income	199 000	64 000	87 000	211 000
Financial Costs	0	0	0	1 000
Financial Balance	199 000	64 000	87 000	210 000
Dividends	0	0	0	0
Net Income	5 215 000	−3 072 000	−1 653 000	3 812 000

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	128 000	89 000	151 000	167 000
Total Fixed Assets	128 000	89 000	151 000	167 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 180 000	19 470 000	22 456 000	23 465 000
Total Current Assets	25 306 000	19 612 000	22 617 000	23 779 000
Total Assets	25 434 000	19 702 000	22 768 000	23 945 000
Total Equity	19 621 000	14 406 000	17 477 000	19 131 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−6 000	4 000	0	5 000
Unpaid Taxes	52 000	42 000	36 000	0
Dividends	0	0	0	0
Other Current Debt	5 767 000	5 250 000	5 255 000	4 809 000
Total Current Debt	5 813 000	5 296 000	5 291 000	4 815 000
Total Equity and Debt	25 434 000	19 702 000	22 768 000	23 945 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,58 %	−21,32 %	−9,46 %	19,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,35 %	−3,84 %	−2,15 %	4,66 %
Current Ratio	4,35	3,7	4,27	4,94
Quick Ratio	4,35	3,7	4,27	4,94
Equity Ratio	0,77	0,73	0,77	0,8
Gross Profit Margin	100 %	100 %	100 %	100 %