STIFTELSEN EINAR GRANUM KUNSTFAGSKOLE

0178 OSLO

Finances

Share Ownership

Return on Equity

−4,8 %

Current Ratio

2,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 245 000	20 496 000	20 176 000	19 893 000
Net Income	−883 000	330 000	14 000	1 461 000
Total Assets	20 259 000	21 077 000	20 933 000	21 008 000
Total Equity	18 390 000	19 272 000	18 942 000	18 928 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 245 000	20 496 000	20 176 000	19 893 000
Expenditure	21 431 000	20 233 000	20 286 000	18 582 000
Operating Profit	−187 000	262 000	−110 000	1 311 000
Financial Income	9 000	−3 000	132 000	156 000
Financial Costs	705 000	−71 000	7 000	7 000
Financial Balance	−696 000	68 000	125 000	149 000
Earnings Before Tax	−883 000	330 000	14 000	1 461 000
Tax	0	0	0	0
Net Income	−883 000	330 000	14 000	1 461 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 846 000	1 667 000	1 835 000	2 174 000
Total Current Assets	5 414 000	19 410 000	19 099 000	18 834 000
Total Assets	20 259 000	21 077 000	20 933 000	21 008 000
Total Retained Equity	16 340 000	17 222 000	16 892 000	16 878 000
Total Equity	18 390 000	19 272 000	18 942 000	18 928 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 870 000	1 805 000	1 991 000	2 080 000
Total Equity and Debt	20 259 000	21 077 000	20 933 000	21 008 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 122 000	20 333 000	20 089 000	19 685 000
Other Income	122 000	163 000	87 000	208 000
Revenue	21 245 000	20 496 000	20 176 000	19 893 000
Cost of Goods Sold	0	0	0	0
Salary Costs	9 561 000	10 671 000	10 374 000	8 376 000
Depreciation	133 000	167 000	344 000	430 000
Impairment	0	0	0	0
Expenditure	21 431 000	20 233 000	20 286 000	18 582 000
Operating Profit	−187 000	262 000	−110 000	1 311 000
Financial Income	9 000	−3 000	132 000	156 000
Financial Costs	705 000	−71 000	7 000	7 000
Financial Balance	−696 000	68 000	125 000	149 000
Dividends	0	0	0	0
Net Income	−883 000	330 000	14 000	1 461 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	647 000	780 000	935 000	1 111 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	12 000	181 000
Total Tangible Assets	647 000	780 000	948 000	1 292 000
Total Fiancial Fixed Assets	14 199 000	887 000	887 000	882 000
Total Fixed Assets	14 846 000	1 667 000	1 835 000	2 174 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 339 000	18 334 000	18 210 000	18 075 000
Total Current Assets	5 414 000	19 410 000	19 099 000	18 834 000
Total Assets	20 259 000	21 077 000	20 933 000	21 008 000
Total Equity	18 390 000	19 272 000	18 942 000	18 928 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	256 000	260 000	236 000	637 000
Unpaid Taxes	602 000	595 000	791 000	595 000
Dividends	0	0	0	0
Other Current Debt	1 011 000	950 000	964 000	848 000
Total Current Debt	1 870 000	1 805 000	1 991 000	2 080 000
Total Equity and Debt	20 259 000	21 077 000	20 933 000	21 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,8 %	1,71 %	0,07 %	7,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,88 %	1,28 %	−0,55 %	6,59 %
Current Ratio	2,9	10,75	9,59	9,05
Quick Ratio	2,9	10,75	9,59	9,05
Equity Ratio	0,91	0,91	0,9	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %