KURTS FYSIKALSKE INSTITUTT AS

9130 HANSNES

Finances

Return on Equity

19,85 %

Current Ratio

4,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 594 000	1 563 000	1 405 000	1 504 000
Net Income	134 000	130 000	−13 000	110 000
Total Assets	862 000	821 000	722 000	606 000
Total Equity	675 000	608 000	478 000	491 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 594 000	1 563 000	1 405 000	1 504 000
Expenditure	1 409 000	1 470 000	1 452 000	1 429 000
Operating Profit	184 000	93 000	−46 000	75 000
Financial Income	88 000	2 000	4 000	1 000
Financial Costs	97 000	−54 000	−19 000	−51 000
Financial Balance	−9 000	56 000	23 000	52 000
Earnings Before Tax	175 000	149 000	−23 000	127 000
Tax	42 000	19 000	−11 000	16 000
Net Income	134 000	130 000	−13 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	675 000	570 000	428 000
Total Current Assets	820 000	146 000	152 000	178 000
Total Assets	862 000	821 000	722 000	606 000
Total Retained Equity	574 000	507 000	377 000	390 000
Total Equity	675 000	608 000	478 000	491 000
Total Long-Term Debt	0	115 000	150 000	0
Total Current Debt	187 000	98 000	93 000	115 000
Total Equity and Debt	862 000	821 000	722 000	606 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	505 000	460 000	500 000	603 000
Other Income	1 089 000	1 103 000	905 000	900 000
Revenue	1 594 000	1 563 000	1 405 000	1 504 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 033 000	1 192 000	1 095 000	1 151 000
Depreciation	1 000	0	5 000	5 000
Impairment	0	0	0	0
Expenditure	1 409 000	1 470 000	1 452 000	1 429 000
Operating Profit	184 000	93 000	−46 000	75 000
Financial Income	88 000	2 000	4 000	1 000
Financial Costs	97 000	−54 000	−19 000	−51 000
Financial Balance	−9 000	56 000	23 000	52 000
Dividends	0	0	0	0
Net Income	134 000	130 000	−13 000	110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	5 000	6 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	29 000	0	0	0
Fixtures	0	0	0	5 000
Total Tangible Assets	29 000	0	0	5 000
Total Fiancial Fixed Assets	10 000	670 000	564 000	416 000
Total Fixed Assets	42 000	675 000	570 000	428 000
Stock	0	0	0	0
Total Investments	595 000	0	0	0
Cash, Bank	222 000	146 000	140 000	178 000
Total Current Assets	820 000	146 000	152 000	178 000
Total Assets	862 000	821 000	722 000	606 000
Total Equity	675 000	608 000	478 000	491 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	115 000	150 000	0
Creditors	11 000	8 000	4 000	−16 000
Unpaid Taxes	31 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	106 000	72 000	89 000	116 000
Total Current Debt	187 000	98 000	93 000	115 000
Total Equity and Debt	862 000	821 000	722 000	606 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,85 %	21,38 %	−2,72 %	22,4 %
Debt-to-Equity Ratio	0	0,19	0,31	0
Operating Profit Margin	11,54 %	5,95 %	−3,27 %	4,99 %
Current Ratio	4,39	1,49	1,63	1,55
Quick Ratio	4,39	1,49	1,63	1,55
Equity Ratio	0,78	0,74	0,66	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %