STIFTELSEN TRONDHEIM ELEKTRONISKE KUNSTSENTER

7014 TRONDHEIM

Finances

Share Ownership

Return on Equity

−13,1 %

Current Ratio

2,2

Debt-to-Equity Ratio

2,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 413 000	2 530 000	4 379 000	2 858 000
Net Income	−60 000	7 000	3 000	−4 160 000
Total Assets	2 143 000	3 394 000	1 989 000	2 511 000
Total Equity	458 000	517 000	510 000	508 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 413 000	2 530 000	4 379 000	2 858 000
Expenditure	5 473 000	2 523 000	4 376 000	2 858 000
Operating Profit	−60 000	8 000	3 000	0
Financial Income	0	0	0	1 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	0
Earnings Before Tax	−60 000	7 000	3 000	−4 160 000
Tax	0	0	0	0
Net Income	−60 000	7 000	3 000	−4 160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 448 000	1 409 000	1 336 000	1 292 000
Total Current Assets	695 000	1 984 000	653 000	1 219 000
Total Assets	2 143 000	3 394 000	1 989 000	2 511 000
Total Retained Equity	398 000	457 000	450 000	448 000
Total Equity	458 000	517 000	510 000	508 000
Total Long-Term Debt	1 369 000	1 198 000	1 027 000	856 000
Total Current Debt	316 000	1 678 000	452 000	1 148 000
Total Equity and Debt	2 143 000	3 394 000	1 989 000	2 511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	211 000	15 000	8 000	0
Other Income	5 202 000	2 515 000	4 372 000	−1 302 000
Revenue	5 413 000	2 530 000	4 379 000	2 858 000
Cost of Goods Sold	2 761 000	326 000	2 220 000	655 000
Salary Costs	1 705 000	1 293 000	1 181 000	1 298 000
Depreciation	133 000	129 000	127 000	181 000
Impairment	0	0	0	0
Expenditure	5 473 000	2 523 000	4 376 000	2 858 000
Operating Profit	−60 000	8 000	3 000	0
Financial Income	0	0	0	1 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	−60 000	7 000	3 000	−4 160 000

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	79 000	211 000	309 000	437 000
Total Tangible Assets	79 000	211 000	309 000	437 000
Total Fiancial Fixed Assets	1 369 000	1 198 000	1 027 000	856 000
Total Fixed Assets	1 448 000	1 409 000	1 336 000	1 292 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	674 000	1 970 000	645 000	1 193 000
Total Current Assets	695 000	1 984 000	653 000	1 219 000
Total Assets	2 143 000	3 394 000	1 989 000	2 511 000
Total Equity	458 000	517 000	510 000	508 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 369 000	1 198 000	1 027 000	856 000
Creditors	50 000	88 000	85 000	145 000
Unpaid Taxes	127 000	101 000	104 000	57 000
Dividends	0	0	0	0
Other Current Debt	139 000	1 490 000	263 000	946 000
Total Current Debt	316 000	1 678 000	452 000	1 148 000
Total Equity and Debt	2 143 000	3 394 000	1 989 000	2 511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,1 %	1,35 %	0,59 %	−818,9 %
Debt-to-Equity Ratio	2,99	2,32	2,01	1,69
Operating Profit Margin	−1,11 %	0,32 %	0,07 %	0 %
Current Ratio	2,2	1,18	1,44	1,06
Quick Ratio	2,2	1,18	1,44	1,06
Equity Ratio	0,21	0,15	0,26	0,2
Gross Profit Margin	48,99 %	87,11 %	49,3 %	77,08 %