RINGERIKES SPAREBANKS KULTURSTIFTELSE

3510 HØNEFOSS

Finances

Return on Equity

−13,17 %

Current Ratio

14,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	776 000	1 049 000	239 000	777 000
Net Income	−1 797 000	−2 126 000	−1 864 000	−1 710 000
Total Assets	13 995 000	15 925 000	13 812 000	15 820 000
Total Equity	13 640 000	15 437 000	13 584 000	15 447 000

Income (NOK)	2022	2021	2020	2019
Revenue	776 000	1 049 000	239 000	777 000
Expenditure	2 655 000	2 826 000	2 195 000	2 635 000
Operating Profit	−1 879 000	−1 778 000	−1 957 000	−1 858 000
Financial Income	82 000	982 000	104 000	311 000
Financial Costs	0	1 331 000	11 000	163 000
Financial Balance	82 000	−349 000	93 000	148 000
Earnings Before Tax	−1 797 000	−2 126 000	−1 864 000	−1 710 000
Tax	0	0	0	0
Net Income	−1 797 000	−2 126 000	−1 864 000	−1 710 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 805 000	12 186 000	8 895 000	9 196 000
Total Current Assets	5 190 000	3 739 000	4 918 000	6 624 000
Total Assets	13 995 000	15 925 000	13 812 000	15 820 000
Total Retained Equity	3 140 000	4 937 000	3 084 000	4 947 000
Total Equity	13 640 000	15 437 000	13 584 000	15 447 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	355 000	488 000	229 000	372 000
Total Equity and Debt	13 995 000	15 925 000	13 812 000	15 820 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	776 000	1 049 000	239 000	777 000
Revenue	776 000	1 049 000	239 000	777 000
Cost of Goods Sold	0	0	0	0
Salary Costs	953 000	953 000	926 000	890 000
Depreciation	402 000	439 000	335 000	437 000
Impairment	0	0	0	0
Expenditure	2 655 000	2 826 000	2 195 000	2 635 000
Operating Profit	−1 879 000	−1 778 000	−1 957 000	−1 858 000
Financial Income	82 000	982 000	104 000	311 000
Financial Costs	0	1 331 000	11 000	163 000
Financial Balance	82 000	−349 000	93 000	148 000
Dividends	0	0	0	0
Net Income	−1 797 000	−2 126 000	−1 864 000	−1 710 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 579 000	9 110 000	6 886 000	7 148 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	226 000	1 585 000	84 000	111 000
Total Tangible Assets	8 805 000	10 695 000	6 969 000	7 259 000
Total Fiancial Fixed Assets	0	1 491 000	1 925 000	1 936 000
Total Fixed Assets	8 805 000	12 186 000	8 895 000	9 196 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 042 000	3 622 000	4 708 000	6 370 000
Total Current Assets	5 190 000	3 739 000	4 918 000	6 624 000
Total Assets	13 995 000	15 925 000	13 812 000	15 820 000
Total Equity	13 640 000	15 437 000	13 584 000	15 447 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	177 000	299 000	114 000	155 000
Unpaid Taxes	56 000	−9 000	−33 000	55 000
Dividends	0	0	0	0
Other Current Debt	122 000	197 000	148 000	161 000
Total Current Debt	355 000	488 000	229 000	372 000
Total Equity and Debt	13 995 000	15 925 000	13 812 000	15 820 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,17 %	−13,77 %	−13,72 %	−11,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−242,14 %	−169,49 %	−818,83 %	−239,12 %
Current Ratio	14,62	7,66	21,48	17,81
Quick Ratio	14,62	7,66	21,48	17,81
Equity Ratio	0,97	0,97	0,98	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %