STIFTELSEN SOUND OF HAPPINESS KOMPETANSESENTER

4611 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

41,26 %

Current Ratio

1,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 268 000	3 505 000	3 118 000	3 166 000
Net Income	576 000	280 000	169 000	292 000
Total Assets	2 595 000	1 188 000	1 034 000	830 000
Total Equity	1 396 000	820 000	540 000	371 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 268 000	3 505 000	3 118 000	3 166 000
Expenditure	4 691 000	3 225 000	2 949 000	2 875 000
Operating Profit	577 000	280 000	170 000	291 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	0	0	1 000
Earnings Before Tax	576 000	280 000	169 000	292 000
Tax	0	0	0	0
Net Income	576 000	280 000	169 000	292 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	260 000	37 000	65 000	69 000
Total Current Assets	2 336 000	1 151 000	969 000	761 000
Total Assets	2 595 000	1 188 000	1 034 000	830 000
Total Retained Equity	1 346 000	770 000	490 000	321 000
Total Equity	1 396 000	820 000	540 000	371 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 200 000	369 000	494 000	459 000
Total Equity and Debt	2 595 000	1 188 000	1 034 000	830 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	561 000	199 000	300 000	497 000
Other Income	4 707 000	3 306 000	2 819 000	2 669 000
Revenue	5 268 000	3 505 000	3 118 000	3 166 000
Cost of Goods Sold	24 000	10 000	22 000	7 000
Salary Costs	2 699 000	2 090 000	1 822 000	1 542 000
Depreciation	28 000	27 000	40 000	38 000
Impairment	0	0	0	0
Expenditure	4 691 000	3 225 000	2 949 000	2 875 000
Operating Profit	577 000	280 000	170 000	291 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	0	0	1 000
Dividends	0	0	0	0
Net Income	576 000	280 000	169 000	292 000

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	64 000	37 000	65 000	69 000
Total Tangible Assets	64 000	37 000	65 000	69 000
Total Fiancial Fixed Assets	196 000	0	0	0
Total Fixed Assets	260 000	37 000	65 000	69 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 205 000	1 021 000	783 000	591 000
Total Current Assets	2 336 000	1 151 000	969 000	761 000
Total Assets	2 595 000	1 188 000	1 034 000	830 000
Total Equity	1 396 000	820 000	540 000	371 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	52 000	46 000	19 000	43 000
Unpaid Taxes	157 000	108 000	100 000	94 000
Dividends	0	0	0	0
Other Current Debt	990 000	215 000	375 000	322 000
Total Current Debt	1 200 000	369 000	494 000	459 000
Total Equity and Debt	2 595 000	1 188 000	1 034 000	830 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,26 %	34,15 %	31,3 %	78,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,95 %	7,99 %	5,45 %	9,19 %
Current Ratio	1,95	3,12	1,96	1,66
Quick Ratio	1,95	3,12	1,96	1,66
Equity Ratio	0,54	0,69	0,52	0,45
Gross Profit Margin	99,54 %	99,71 %	99,29 %	99,78 %