LABORATORIET FOR KUNST, KULTUR OG STEDSUTVIKLING I VARDØ

9950 VARDØ

Finances

Share Ownership

Return on Equity

65,51 %

Current Ratio

9,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 249 000	1 846 000	1 800 000	1 290 000
Net Income	659 000	84 000	50 000	109 000
Total Assets	1 123 000	713 000	560 000	411 000
Total Equity	1 006 000	347 000	262 000	213 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 249 000	1 846 000	1 800 000	1 290 000
Expenditure	1 587 000	1 762 000	1 748 000	1 180 000
Operating Profit	661 000	84 000	54 000	110 000
Financial Income	0	0	1 000	0
Financial Costs	2 000	0	4 000	2 000
Financial Balance	−2 000	0	−3 000	−2 000
Earnings Before Tax	659 000	84 000	50 000	109 000
Tax	0	0	0	0
Net Income	659 000	84 000	50 000	109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	18 000	33 000	16 000
Total Current Assets	1 111 000	695 000	527 000	395 000
Total Assets	1 123 000	713 000	560 000	411 000
Total Retained Equity	906 000	247 000	162 000	113 000
Total Equity	1 006 000	347 000	262 000	213 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	117 000	366 000	297 000	198 000
Total Equity and Debt	1 123 000	713 000	560 000	411 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 253 000	897 000	789 000	733 000
Other Income	996 000	949 000	1 012 000	557 000
Revenue	2 249 000	1 846 000	1 800 000	1 290 000
Cost of Goods Sold	634 000	44 000	6 000	0
Salary Costs	635 000	742 000	646 000	545 000
Depreciation	6 000	15 000	11 000	10 000
Impairment	0	0	0	0
Expenditure	1 587 000	1 762 000	1 748 000	1 180 000
Operating Profit	661 000	84 000	54 000	110 000
Financial Income	0	0	1 000	0
Financial Costs	2 000	0	4 000	2 000
Financial Balance	−2 000	0	−3 000	−2 000
Dividends	0	0	0	0
Net Income	659 000	84 000	50 000	109 000

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	12 000	18 000	33 000	16 000
Total Tangible Assets	12 000	18 000	33 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	18 000	33 000	16 000
Stock	34 000	31 000	41 000	0
Total Investments	0	0	0	0
Cash, Bank	835 000	520 000	335 000	324 000
Total Current Assets	1 111 000	695 000	527 000	395 000
Total Assets	1 123 000	713 000	560 000	411 000
Total Equity	1 006 000	347 000	262 000	213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−3 000	29 000	70 000	8 000
Unpaid Taxes	63 000	154 000	81 000	137 000
Dividends	0	0	0	0
Other Current Debt	57 000	184 000	147 000	53 000
Total Current Debt	117 000	366 000	297 000	198 000
Total Equity and Debt	1 123 000	713 000	560 000	411 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,51 %	24,21 %	19,08 %	51,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,39 %	4,55 %	3 %	8,53 %
Current Ratio	9,5	1,9	1,77	1,99
Quick Ratio	13,39	2,07	2,06	1,99
Equity Ratio	0,9	0,49	0,47	0,52
Gross Profit Margin	71,81 %	97,62 %	99,67 %	100 %