KULTURSTIFTELSEN KANALEN

2420 TRYSIL

Finances

Share Ownership

Return on Equity

−5,99 %

Current Ratio

4,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	904 000	80 000	173 000	72 000
Net Income	−23 000	−22 000	10 000	−43 000
Total Assets	452 000	432 000	442 000	536 000
Total Equity	384 000	407 000	430 000	420 000

Income (NOK)	2022	2021	2020	2019
Revenue	904 000	80 000	173 000	72 000
Expenditure	928 000	103 000	165 000	117 000
Operating Profit	−23 000	−23 000	8 000	−45 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	1 000	0	0	0
Financial Balance	0	1 000	1 000	2 000
Earnings Before Tax	−23 000	−22 000	10 000	−43 000
Tax	0	0	0	0
Net Income	−23 000	−22 000	10 000	−43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	130 000	128 000	137 000	137 000
Total Current Assets	322 000	304 000	305 000	399 000
Total Assets	452 000	432 000	442 000	536 000
Total Retained Equity	284 000	307 000	330 000	320 000
Total Equity	384 000	407 000	430 000	420 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	68 000	25 000	12 000	116 000
Total Equity and Debt	452 000	432 000	442 000	536 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	868 000	60 000	160 000	15 000
Other Income	36 000	20 000	13 000	57 000
Revenue	904 000	80 000	173 000	72 000
Cost of Goods Sold	32 000	0	17 000	0
Salary Costs	218 000	0	40 000	0
Depreciation	9 000	9 000	0	0
Impairment	0	0	0	0
Expenditure	928 000	103 000	165 000	117 000
Operating Profit	−23 000	−23 000	8 000	−45 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	1 000	0	0	0
Financial Balance	0	1 000	1 000	2 000
Dividends	0	0	0	0
Net Income	−23 000	−22 000	10 000	−43 000

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	129 000	127 000	136 000	136 000
Total Tangible Assets	129 000	127 000	136 000	136 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	130 000	128 000	137 000	137 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	302 000	304 000	305 000	367 000
Total Current Assets	322 000	304 000	305 000	399 000
Total Assets	452 000	432 000	442 000	536 000
Total Equity	384 000	407 000	430 000	420 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	48 000	23 000	10 000	4 000
Unpaid Taxes	20 000	2 000	2 000	2 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	110 000
Total Current Debt	68 000	25 000	12 000	116 000
Total Equity and Debt	452 000	432 000	442 000	536 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,99 %	−5,41 %	2,33 %	−10,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,54 %	−28,75 %	4,62 %	−62,5 %
Current Ratio	4,74	12,16	25,42	3,44
Quick Ratio	4,74	12,16	25,42	3,44
Equity Ratio	0,85	0,94	0,97	0,78
Gross Profit Margin	96,46 %	100 %	90,17 %	100 %