STIFTELSEN GERD-RAGNAS MINNEFOND

4006 STAVANGER

Finances

Return on Equity

−15,21 %

Current Ratio

128

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	0	0	0
Net Income	−59 000	−30 000	−59 000	−271 000
Total Assets	390 000	448 000	480 000	587 000
Total Equity	388 000	447 000	477 000	536 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	0	0	0
Expenditure	58 000	22 000	59 000	271 000
Operating Profit	−54 000	−22 000	−59 000	−271 000
Financial Income	0	0	0	0
Financial Costs	5 000	8 000	0	0
Financial Balance	−5 000	−8 000	0	0
Earnings Before Tax	−59 000	−30 000	−59 000	−271 000
Tax	0	0	0	0
Net Income	−59 000	−30 000	−59 000	−271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	12 000	20 000	0
Total Current Assets	384 000	436 000	460 000	587 000
Total Assets	390 000	448 000	480 000	587 000
Total Retained Equity	288 000	347 000	377 000	436 000
Total Equity	388 000	447 000	477 000	536 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 000	1 000	2 000	51 000
Total Equity and Debt	390 000	448 000	480 000	587 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 000	0	0	0
Revenue	4 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	5 000	0	5 000	5 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	58 000	22 000	59 000	271 000
Operating Profit	−54 000	−22 000	−59 000	−271 000
Financial Income	0	0	0	0
Financial Costs	5 000	8 000	0	0
Financial Balance	−5 000	−8 000	0	0
Dividends	0	0	0	0
Net Income	−59 000	−30 000	−59 000	−271 000

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	7 000	12 000	20 000	0
Total Fixed Assets	7 000	12 000	20 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	384 000	436 000	460 000	587 000
Total Current Assets	384 000	436 000	460 000	587 000
Total Assets	390 000	448 000	480 000	587 000
Total Equity	388 000	447 000	477 000	536 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	0	4 000
Unpaid Taxes	3 000	0	2 000	2 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	2 000
Total Current Debt	3 000	1 000	2 000	51 000
Total Equity and Debt	390 000	448 000	480 000	587 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,21 %	−6,71 %	−12,37 %	−50,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 350 %	-	-	-
Current Ratio	128	436	230	11,51
Quick Ratio	128	436	230	11,51
Equity Ratio	0,99	1	0,99	0,91
Gross Profit Margin	100 %	-	-	-