STIFTELSEN FREDFOSS KULTURPARK

3320 VESTFOSSEN

Finances

Return on Equity

1,12 %

Current Ratio

0,11

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 852 000	3 780 000	3 728 000	4 005 000
Net Income	396 000	712 000	−326 000	599 000
Total Assets	64 744 000	63 445 000	63 853 000	67 626 000
Total Equity	35 332 000	34 937 000	34 225 000	34 551 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 852 000	3 780 000	3 728 000	4 005 000
Expenditure	3 042 000	3 066 000	4 907 000	3 189 000
Operating Profit	811 000	714 000	−1 179 000	817 000
Financial Income	1 185 000	1 187 000	1 756 000	1 444 000
Financial Costs	1 252 000	860 000	983 000	1 353 000
Financial Balance	−67 000	327 000	773 000	91 000
Earnings Before Tax	744 000	1 041 000	−405 000	908 000
Tax	348 000	329 000	−79 000	309 000
Net Income	396 000	712 000	−326 000	599 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 414 000	61 882 000	60 394 000	65 056 000
Total Current Assets	331 000	1 564 000	3 459 000	2 570 000
Total Assets	64 744 000	63 445 000	63 853 000	67 626 000
Total Retained Equity	34 832 000	34 437 000	33 725 000	34 051 000
Total Equity	35 332 000	34 937 000	34 225 000	34 551 000
Total Long-Term Debt	26 264 000	27 368 000	29 273 000	29 405 000
Total Current Debt	3 148 000	1 141 000	354 000	3 670 000
Total Equity and Debt	64 744 000	63 445 000	63 853 000	67 626 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 852 000	3 780 000	3 728 000	4 005 000
Revenue	3 852 000	3 780 000	3 728 000	4 005 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	888 000	973 000	968 000	887 000
Impairment	0	0	0	0
Expenditure	3 042 000	3 066 000	4 907 000	3 189 000
Operating Profit	811 000	714 000	−1 179 000	817 000
Financial Income	1 185 000	1 187 000	1 756 000	1 444 000
Financial Costs	1 252 000	860 000	983 000	1 353 000
Financial Balance	−67 000	327 000	773 000	91 000
Dividends	0	0	0	0
Net Income	396 000	712 000	−326 000	599 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	50 000	50 000	50 000
Real Eastate	34 734 000	32 072 000	30 381 000	29 303 000
Machinery and Plant Facilities	0	0	0	86 000
Fixtures	0	130 000	333 000	485 000
Total Tangible Assets	34 734 000	32 201 000	30 714 000	29 874 000
Total Fiancial Fixed Assets	29 630 000	29 630 000	29 630 000	35 131 000
Total Fixed Assets	64 414 000	61 882 000	60 394 000	65 056 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	1 356 000	2 693 000	2 332 000
Total Current Assets	331 000	1 564 000	3 459 000	2 570 000
Total Assets	64 744 000	63 445 000	63 853 000	67 626 000
Total Equity	35 332 000	34 937 000	34 225 000	34 551 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 264 000	27 368 000	29 273 000	29 405 000
Creditors	264 000	812 000	175 000	363 000
Unpaid Taxes	2 000	3 000	13 000	4 000
Dividends	0	0	0	0
Other Current Debt	2 541 000	1 000	51 000	3 074 000
Total Current Debt	3 148 000	1 141 000	354 000	3 670 000
Total Equity and Debt	64 744 000	63 445 000	63 853 000	67 626 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,12 %	2,04 %	−0,95 %	1,73 %
Debt-to-Equity Ratio	0,74	0,78	0,86	0,85
Operating Profit Margin	21,05 %	18,89 %	−31,63 %	20,4 %
Current Ratio	0,11	1,37	9,77	0,7
Quick Ratio	0,11	1,37	9,77	0,7
Equity Ratio	0,55	0,55	0,54	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %