STIFTELSEN RINGERIKE KULTURSENTER

3510 HØNEFOSS

Finances

Return on Equity

21,34 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 742 000	9 876 000	7 267 000	9 404 000
Net Income	1 001 000	1 238 000	537 000	793 000
Total Assets	9 683 000	10 217 000	5 229 000	5 685 000
Total Equity	4 691 000	3 689 000	2 451 000	1 914 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 742 000	9 876 000	7 267 000	9 404 000
Expenditure	8 428 000	8 274 000	6 574 000	8 361 000
Operating Profit	1 313 000	1 602 000	693 000	1 043 000
Financial Income	7 000	3 000	2 000	5 000
Financial Costs	1 000	0	0	1 000
Financial Balance	6 000	3 000	2 000	4 000
Earnings Before Tax	1 319 000	1 605 000	694 000	1 047 000
Tax	318 000	366 000	157 000	254 000
Net Income	1 001 000	1 238 000	537 000	793 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	805 000	465 000	483 000	355 000
Total Current Assets	8 878 000	9 753 000	4 745 000	5 330 000
Total Assets	9 683 000	10 217 000	5 229 000	5 685 000
Total Retained Equity	4 491 000	3 489 000	2 251 000	1 714 000
Total Equity	4 691 000	3 689 000	2 451 000	1 914 000
Total Long-Term Debt	6 000	1 000	0	0
Total Current Debt	4 986 000	6 527 000	2 778 000	3 771 000
Total Equity and Debt	9 683 000	10 217 000	5 229 000	5 685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 460 000	2 100 000	1 709 000	5 087 000
Other Income	6 282 000	7 776 000	5 558 000	4 317 000
Revenue	9 742 000	9 876 000	7 267 000	9 404 000
Cost of Goods Sold	1 975 000	1 724 000	1 073 000	2 794 000
Salary Costs	2 437 000	2 153 000	2 049 000	2 239 000
Depreciation	90 000	19 000	2 000	12 000
Impairment	0	0	0	0
Expenditure	8 428 000	8 274 000	6 574 000	8 361 000
Operating Profit	1 313 000	1 602 000	693 000	1 043 000
Financial Income	7 000	3 000	2 000	5 000
Financial Costs	1 000	0	0	1 000
Financial Balance	6 000	3 000	2 000	4 000
Dividends	0	0	0	0
Net Income	1 001 000	1 238 000	537 000	793 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	37 000	37 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	414 000	73 000	92 000	0
Total Tangible Assets	414 000	73 000	92 000	0
Total Fiancial Fixed Assets	355 000	355 000	355 000	355 000
Total Fixed Assets	805 000	465 000	483 000	355 000
Stock	75 000	77 000	24 000	114 000
Total Investments	0	0	0	0
Cash, Bank	7 744 000	8 849 000	3 995 000	4 726 000
Total Current Assets	8 878 000	9 753 000	4 745 000	5 330 000
Total Assets	9 683 000	10 217 000	5 229 000	5 685 000
Total Equity	4 691 000	3 689 000	2 451 000	1 914 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	1 000	0	0
Creditors	2 366 000	1 532 000	425 000	634 000
Unpaid Taxes	140 000	147 000	105 000	151 000
Dividends	0	0	0	0
Other Current Debt	2 167 000	4 483 000	2 093 000	2 731 000
Total Current Debt	4 986 000	6 527 000	2 778 000	3 771 000
Total Equity and Debt	9 683 000	10 217 000	5 229 000	5 685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,34 %	33,56 %	21,91 %	41,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,48 %	16,22 %	9,54 %	11,09 %
Current Ratio	1,78	1,49	1,71	1,41
Quick Ratio	1,81	1,51	1,72	1,46
Equity Ratio	0,48	0,36	0,47	0,34
Gross Profit Margin	79,73 %	82,54 %	85,23 %	70,29 %