SPAREBANK 1 NORD-NORGES KUNSTSTIFTELSE

9008 TROMSØ

Finances

Share Ownership

Return on Equity

−0,72 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	134 000	0	700 000	1 500 000
Net Income	−54 000	−231 000	−139 000	834 000
Total Assets	7 527 000	7 594 000	8 035 000	8 126 000
Total Equity	7 491 000	7 545 000	7 776 000	7 915 000

Income (NOK)	2022	2021	2020	2019
Revenue	134 000	0	700 000	1 500 000
Expenditure	188 000	231 000	839 000	666 000
Operating Profit	−54 000	−231 000	−139 000	834 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−54 000	−231 000	−139 000	834 000
Tax	0	0	0	0
Net Income	−54 000	−231 000	−139 000	834 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 456 000	7 456 000	7 447 000	7 297 000
Total Current Assets	71 000	139 000	588 000	829 000
Total Assets	7 527 000	7 594 000	8 035 000	8 126 000
Total Retained Equity	2 491 000	2 545 000	2 776 000	2 915 000
Total Equity	7 491 000	7 545 000	7 776 000	7 915 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	36 000	50 000	259 000	211 000
Total Equity and Debt	7 527 000	7 594 000	8 035 000	8 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	134 000	0	700 000	1 500 000
Revenue	134 000	0	700 000	1 500 000
Cost of Goods Sold	0	0	0	0
Salary Costs	58 000	86 000	86 000	97 000
Depreciation	0	0	0	0
Impairment	0	8 000	434 000	174 000
Expenditure	188 000	231 000	839 000	666 000
Operating Profit	−54 000	−231 000	−139 000	834 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−54 000	−231 000	−139 000	834 000

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	7 456 000	7 456 000	7 447 000	7 297 000
Total Tangible Assets	7 456 000	7 456 000	7 447 000	7 297 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 456 000	7 456 000	7 447 000	7 297 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	68 000	135 000	584 000	825 000
Total Current Assets	71 000	139 000	588 000	829 000
Total Assets	7 527 000	7 594 000	8 035 000	8 126 000
Total Equity	7 491 000	7 545 000	7 776 000	7 915 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	2 000	214 000	181 000
Unpaid Taxes	24 000	45 000	45 000	30 000
Dividends	0	0	0	0
Other Current Debt	0	3 000	0	0
Total Current Debt	36 000	50 000	259 000	211 000
Total Equity and Debt	7 527 000	7 594 000	8 035 000	8 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,72 %	−3,06 %	−1,79 %	10,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−40,3 %	-	−19,86 %	55,6 %
Current Ratio	1,97	2,78	2,27	3,93
Quick Ratio	1,97	2,78	2,27	3,93
Equity Ratio	1	0,99	0,97	0,97
Gross Profit Margin	100 %	-	100 %	100 %