I/O/LAB ROGALANDS SENTER FOR FRAMTIDSKUNST AS

4055 SOLA

Finances

Share Ownership

Return on Equity

−114,94 %

Current Ratio

2,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	211 000	255 000	270 000	269 000
Net Income	−100 000	75 000	−41 000	−11 000
Total Assets	159 000	276 000	183 000	228 000
Total Equity	87 000	188 000	113 000	154 000

Income (NOK)	2022	2021	2020	2019
Revenue	211 000	255 000	270 000	269 000
Expenditure	311 000	164 000	311 000	281 000
Operating Profit	−100 000	90 000	−41 000	−12 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	2 000
Earnings Before Tax	−100 000	90 000	−41 000	−10 000
Tax	0	15 000	0	0
Net Income	−100 000	75 000	−41 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	37 000
Total Current Assets	159 000	276 000	183 000	191 000
Total Assets	159 000	276 000	183 000	228 000
Total Retained Equity	−14 000	86 000	11 000	52 000
Total Equity	87 000	188 000	113 000	154 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	72 000	89 000	70 000	74 000
Total Equity and Debt	159 000	276 000	183 000	228 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000	255 000	270 000	13 000
Other Income	209 000	0	0	256 000
Revenue	211 000	255 000	270 000	269 000
Cost of Goods Sold	171 000	5 000	29 000	16 000
Salary Costs	0	0	1 000	20 000
Depreciation	0	0	34 000	17 000
Impairment	0	0	2 000	0
Expenditure	311 000	164 000	311 000	281 000
Operating Profit	−100 000	90 000	−41 000	−12 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	2 000
Dividends	0	0	0	0
Net Income	−100 000	75 000	−41 000	−11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	34 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	2 000
Total Tangible Assets	0	0	0	2 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	37 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	31 000	71 000	158 000
Total Current Assets	159 000	276 000	183 000	191 000
Total Assets	159 000	276 000	183 000	228 000
Total Equity	87 000	188 000	113 000	154 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	3 000	0	0
Unpaid Taxes	0	0	0	3 000
Dividends	0	0	0	0
Other Current Debt	70 000	70 000	70 000	70 000
Total Current Debt	72 000	89 000	70 000	74 000
Total Equity and Debt	159 000	276 000	183 000	228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−114,94 %	39,89 %	−36,28 %	−7,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−47,39 %	35,29 %	−15,19 %	−4,46 %
Current Ratio	2,21	3,1	2,61	2,58
Quick Ratio	2,21	3,1	2,61	2,58
Equity Ratio	0,55	0,68	0,62	0,68
Gross Profit Margin	18,96 %	98,04 %	89,26 %	94,05 %