STIFTELSEN KULTURHUSET GAMLEBANKEN

6770 NORDFJORDEID

Finances

Share Ownership

Return on Equity

−24,05 %

Current Ratio

3,88

Debt-to-Equity Ratio

1,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	530 000	706 000	727 000	588 000
Net Income	−101 000	144 000	93 000	−15 000
Total Assets	1 406 000	1 504 000	1 511 000	1 348 000
Total Equity	420 000	521 000	377 000	284 000

Income (NOK)	2022	2021	2020	2019
Revenue	530 000	706 000	727 000	588 000
Expenditure	580 000	515 000	586 000	556 000
Operating Profit	−51 000	191 000	141 000	33 000
Financial Income	5 000	3 000	3 000	1 000
Financial Costs	53 000	45 000	48 000	47 000
Financial Balance	−48 000	−42 000	−45 000	−46 000
Earnings Before Tax	−99 000	148 000	96 000	−13 000
Tax	2 000	4 000	4 000	2 000
Net Income	−101 000	144 000	93 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	645 000	678 000	711 000	744 000
Total Current Assets	761 000	826 000	800 000	604 000
Total Assets	1 406 000	1 504 000	1 511 000	1 348 000
Total Retained Equity	201 000	302 000	158 000	65 000
Total Equity	420 000	521 000	377 000	284 000
Total Long-Term Debt	790 000	825 000	861 000	895 000
Total Current Debt	196 000	158 000	273 000	169 000
Total Equity and Debt	1 406 000	1 504 000	1 511 000	1 348 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	212 000	261 000	315 000	237 000
Other Income	318 000	445 000	412 000	351 000
Revenue	530 000	706 000	727 000	588 000
Cost of Goods Sold	55 000	46 000	81 000	21 000
Salary Costs	46 000	55 000	37 000	62 000
Depreciation	33 000	33 000	33 000	35 000
Impairment	0	0	0	0
Expenditure	580 000	515 000	586 000	556 000
Operating Profit	−51 000	191 000	141 000	33 000
Financial Income	5 000	3 000	3 000	1 000
Financial Costs	53 000	45 000	48 000	47 000
Financial Balance	−48 000	−42 000	−45 000	−46 000
Dividends	0	0	0	0
Net Income	−101 000	144 000	93 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	645 000	678 000	711 000	744 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	645 000	678 000	711 000	744 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	645 000	678 000	711 000	744 000
Stock	48 000	54 000	61 000	37 000
Total Investments	0	0	0	0
Cash, Bank	695 000	769 000	739 000	554 000
Total Current Assets	761 000	826 000	800 000	604 000
Total Assets	1 406 000	1 504 000	1 511 000	1 348 000
Total Equity	420 000	521 000	377 000	284 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	790 000	825 000	861 000	895 000
Creditors	112 000	103 000	172 000	92 000
Unpaid Taxes	36 000	35 000	42 000	41 000
Dividends	0	0	0	0
Other Current Debt	46 000	16 000	54 000	35 000
Total Current Debt	196 000	158 000	273 000	169 000
Total Equity and Debt	1 406 000	1 504 000	1 511 000	1 348 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,05 %	27,64 %	24,67 %	−5,28 %
Debt-to-Equity Ratio	1,88	1,58	2,28	3,15
Operating Profit Margin	−9,62 %	27,05 %	19,39 %	5,61 %
Current Ratio	3,88	5,23	2,93	3,57
Quick Ratio	5,14	7,94	3,77	4,58
Equity Ratio	0,3	0,35	0,25	0,21
Gross Profit Margin	89,62 %	93,48 %	88,86 %	96,43 %