STIFTINGA VEST-TELEMARK MUSEUM

3891 HØYDALSMO

Finances

Return on Equity

5,87 %

Current Ratio

2,34

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 111 000	20 872 000	20 161 000	21 004 000
Net Income	736 000	1 515 000	3 491 000	1 710 000
Total Assets	23 443 000	25 752 000	20 962 000	15 779 000
Total Equity	12 542 000	11 799 000	10 304 000	6 868 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 111 000	20 872 000	20 161 000	21 004 000
Expenditure	22 339 000	19 281 000	16 541 000	19 176 000
Operating Profit	773 000	1 590 000	3 620 000	1 827 000
Financial Income	78 000	18 000	36 000	59 000
Financial Costs	116 000	93 000	165 000	176 000
Financial Balance	−38 000	−75 000	−129 000	−117 000
Earnings Before Tax	736 000	1 515 000	3 491 000	1 710 000
Tax	0	0	0	0
Net Income	736 000	1 515 000	3 491 000	1 710 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 748 000	8 679 000	8 879 000	8 481 000
Total Current Assets	14 696 000	17 073 000	12 083 000	7 298 000
Total Assets	23 443 000	25 752 000	20 962 000	15 779 000
Total Retained Equity	12 330 000	11 587 000	10 092 000	6 656 000
Total Equity	12 542 000	11 799 000	10 304 000	6 868 000
Total Long-Term Debt	4 620 000	5 040 000	5 700 000	6 090 000
Total Current Debt	6 281 000	8 912 000	4 959 000	2 821 000
Total Equity and Debt	23 443 000	25 752 000	20 962 000	15 779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	23 111 000	20 872 000	20 161 000	21 004 000
Revenue	23 111 000	20 872 000	20 161 000	21 004 000
Cost of Goods Sold	1 144 000	1 120 000	822 000	1 414 000
Salary Costs	13 716 000	11 317 000	9 658 000	10 357 000
Depreciation	280 000	356 000	269 000	229 000
Impairment	0	0	0	0
Expenditure	22 339 000	19 281 000	16 541 000	19 176 000
Operating Profit	773 000	1 590 000	3 620 000	1 827 000
Financial Income	78 000	18 000	36 000	59 000
Financial Costs	116 000	93 000	165 000	176 000
Financial Balance	−38 000	−75 000	−129 000	−117 000
Dividends	0	0	0	0
Net Income	736 000	1 515 000	3 491 000	1 710 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 737 000	1 725 000	2 179 000	1 645 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 827 000	6 792 000	6 696 000	6 831 000
Total Tangible Assets	8 564 000	8 517 000	8 874 000	8 476 000
Total Fiancial Fixed Assets	183 000	162 000	5 000	5 000
Total Fixed Assets	8 748 000	8 679 000	8 879 000	8 481 000
Stock	713 000	617 000	589 000	609 000
Total Investments	0	0	0	0
Cash, Bank	13 408 000	15 461 000	10 482 000	5 905 000
Total Current Assets	14 696 000	17 073 000	12 083 000	7 298 000
Total Assets	23 443 000	25 752 000	20 962 000	15 779 000
Total Equity	12 542 000	11 799 000	10 304 000	6 868 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 620 000	5 040 000	5 700 000	6 090 000
Creditors	557 000	480 000	1 480 000	528 000
Unpaid Taxes	767 000	648 000	512 000	463 000
Dividends	0	0	0	0
Other Current Debt	4 957 000	7 784 000	2 967 000	1 830 000
Total Current Debt	6 281 000	8 912 000	4 959 000	2 821 000
Total Equity and Debt	23 443 000	25 752 000	20 962 000	15 779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,87 %	12,84 %	33,88 %	24,9 %
Debt-to-Equity Ratio	0,37	0,43	0,55	0,89
Operating Profit Margin	3,34 %	7,62 %	17,96 %	8,7 %
Current Ratio	2,34	1,92	2,44	2,59
Quick Ratio	2,64	2,06	2,76	3,3
Equity Ratio	0,53	0,46	0,49	0,44
Gross Profit Margin	95,05 %	94,63 %	95,92 %	93,27 %