KUNSTBANKEN SENTER FOR SAMTIDSKUNST

2317 HAMAR

Finances

Share Ownership

Return on Equity

−5,4 %

Current Ratio

2,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 883 000	12 377 000	9 896 000	9 193 000
Net Income	−90 000	508 000	531 000	28 000
Total Assets	2 671 000	3 492 000	2 542 000	1 457 000
Total Equity	1 667 000	1 756 000	1 249 000	509 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 883 000	12 377 000	9 896 000	9 193 000
Expenditure	10 037 000	11 880 000	9 380 000	9 204 000
Operating Profit	−155 000	496 000	516 000	−11 000
Financial Income	66 000	14 000	16 000	40 000
Financial Costs	1 000	2 000	0	1 000
Financial Balance	65 000	12 000	16 000	39 000
Earnings Before Tax	−90 000	508 000	531 000	28 000
Tax	0	0	0	0
Net Income	−90 000	508 000	531 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	304 000	212 000	199 000	13 000
Total Current Assets	2 367 000	3 280 000	2 343 000	1 444 000
Total Assets	2 671 000	3 492 000	2 542 000	1 457 000
Total Retained Equity	1 467 000	1 556 000	1 049 000	309 000
Total Equity	1 667 000	1 756 000	1 249 000	509 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 004 000	1 736 000	1 293 000	947 000
Total Equity and Debt	2 671 000	3 492 000	2 542 000	1 457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	406 000	2 867 000	939 000	380 000
Other Income	9 477 000	9 509 000	8 958 000	8 813 000
Revenue	9 883 000	12 377 000	9 896 000	9 193 000
Cost of Goods Sold	1 281 000	3 289 000	1 635 000	1 159 000
Salary Costs	4 837 000	4 769 000	4 530 000	4 517 000
Depreciation	10 000	0	13 000	22 000
Impairment	0	0	0	0
Expenditure	10 037 000	11 880 000	9 380 000	9 204 000
Operating Profit	−155 000	496 000	516 000	−11 000
Financial Income	66 000	14 000	16 000	40 000
Financial Costs	1 000	2 000	0	1 000
Financial Balance	65 000	12 000	16 000	39 000
Dividends	0	0	0	0
Net Income	−90 000	508 000	531 000	28 000

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	77 000	0	0	13 000
Total Tangible Assets	77 000	0	0	13 000
Total Fiancial Fixed Assets	227 000	212 000	199 000	0
Total Fixed Assets	304 000	212 000	199 000	13 000
Stock	25 000	25 000	25 000	25 000
Total Investments	0	0	2 000	2 000
Cash, Bank	2 135 000	2 374 000	2 069 000	1 225 000
Total Current Assets	2 367 000	3 280 000	2 343 000	1 444 000
Total Assets	2 671 000	3 492 000	2 542 000	1 457 000
Total Equity	1 667 000	1 756 000	1 249 000	509 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	117 000	415 000	98 000	196 000
Unpaid Taxes	348 000	324 000	302 000	342 000
Dividends	0	0	0	0
Other Current Debt	538 000	996 000	894 000	409 000
Total Current Debt	1 004 000	1 736 000	1 293 000	947 000
Total Equity and Debt	2 671 000	3 492 000	2 542 000	1 457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,4 %	28,93 %	42,51 %	5,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,57 %	4,01 %	5,21 %	−0,12 %
Current Ratio	2,36	1,89	1,81	1,52
Quick Ratio	2,42	1,92	1,85	1,57
Equity Ratio	0,62	0,5	0,49	0,35
Gross Profit Margin	87,04 %	73,43 %	83,48 %	87,39 %