STIFTELSEN VESTFOSSEN KUNSTLABORATORIUM

3320 VESTFOSSEN

Finances

Share Ownership

Return on Equity

−5,45 %

Current Ratio

0,61

Debt-to-Equity Ratio

−0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 800 000	11 139 000	7 745 000	8 506 000
Net Income	124 000	1 234 000	217 000	135 000
Total Assets	1 234 000	1 535 000	3 218 000	1 601 000
Total Equity	−2 275 000	−2 400 000	−3 633 000	−3 850 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 800 000	11 139 000	7 745 000	8 506 000
Expenditure	8 647 000	9 881 000	7 513 000	8 323 000
Operating Profit	155 000	1 259 000	233 000	183 000
Financial Income	1 000	1 000	0	0
Financial Costs	32 000	26 000	16 000	48 000
Financial Balance	−31 000	−25 000	−16 000	−48 000
Earnings Before Tax	124 000	1 234 000	217 000	135 000
Tax	0	0	0	0
Net Income	124 000	1 234 000	217 000	135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	285 000	393 000	580 000	924 000
Total Current Assets	949 000	1 142 000	2 638 000	677 000
Total Assets	1 234 000	1 535 000	3 218 000	1 601 000
Total Retained Equity	−2 315 000	−2 440 000	−3 673 000	−3 890 000
Total Equity	−2 275 000	−2 400 000	−3 633 000	−3 850 000
Total Long-Term Debt	1 964 000	2 165 000	2 362 000	2 554 000
Total Current Debt	1 545 000	1 769 000	4 489 000	2 898 000
Total Equity and Debt	1 234 000	1 535 000	3 218 000	1 601 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 116 000	1 327 000	885 000	901 000
Other Income	7 685 000	9 812 000	6 860 000	7 605 000
Revenue	8 800 000	11 139 000	7 745 000	8 506 000
Cost of Goods Sold	1 536 000	2 878 000	1 503 000	1 709 000
Salary Costs	3 164 000	3 151 000	2 687 000	3 257 000
Depreciation	192 000	184 000	204 000	204 000
Impairment	0	56 000	140 000	0
Expenditure	8 647 000	9 881 000	7 513 000	8 323 000
Operating Profit	155 000	1 259 000	233 000	183 000
Financial Income	1 000	1 000	0	0
Financial Costs	32 000	26 000	16 000	48 000
Financial Balance	−31 000	−25 000	−16 000	−48 000
Dividends	0	0	0	0
Net Income	124 000	1 234 000	217 000	135 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	80 000
Total Intangible Assets	0	0	0	80 000
Real Eastate	17 000	143 000	288 000	414 000
Machinery and Plant Facilities	73 000	48 000	104 000	0
Fixtures	196 000	202 000	189 000	247 000
Total Tangible Assets	285 000	393 000	580 000	844 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	285 000	393 000	580 000	924 000
Stock	10 000	7 000	7 000	13 000
Total Investments	0	0	0	0
Cash, Bank	154 000	530 000	1 271 000	83 000
Total Current Assets	949 000	1 142 000	2 638 000	677 000
Total Assets	1 234 000	1 535 000	3 218 000	1 601 000
Total Equity	−2 275 000	−2 400 000	−3 633 000	−3 850 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 964 000	2 165 000	2 362 000	2 554 000
Creditors	124 000	19 000	419 000	658 000
Unpaid Taxes	128 000	184 000	154 000	121 000
Dividends	0	0	0	0
Other Current Debt	1 294 000	1 566 000	3 917 000	2 119 000
Total Current Debt	1 545 000	1 769 000	4 489 000	2 898 000
Total Equity and Debt	1 234 000	1 535 000	3 218 000	1 601 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,45 %	−51,42 %	−5,97 %	−3,51 %
Debt-to-Equity Ratio	−0,86	−0,9	−0,65	−0,66
Operating Profit Margin	1,76 %	11,3 %	3,01 %	2,15 %
Current Ratio	0,61	0,65	0,59	0,23
Quick Ratio	0,62	0,65	0,59	0,23
Equity Ratio	−1,84	−1,56	−1,13	−2,4
Gross Profit Margin	82,55 %	74,16 %	80,59 %	79,91 %