NESSET MUSIKKFEST

Share Ownership

Return on Equity

−95,15 %

Current Ratio

5,94

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 307 000	681 000	405 000	1 089 000
Net Income	−216 000	−136 000	100 000	248 000
Total Assets	279 000	466 000	606 000	477 000
Total Equity	227 000	443 000	579 000	479 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 307 000	681 000	405 000	1 089 000
Expenditure	1 524 000	816 000	304 000	840 000
Operating Profit	−217 000	−136 000	100 000	248 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	−216 000	−136 000	100 000	248 000
Tax	0	0	0	0
Net Income	−216 000	−136 000	100 000	248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	279 000	466 000	606 000	477 000
Total Assets	279 000	466 000	606 000	477 000
Total Retained Equity	127 000	343 000	479 000	379 000
Total Equity	227 000	443 000	579 000	479 000
Total Long-Term Debt	6 000	6 000	6 000	0
Total Current Debt	47 000	18 000	21 000	−2 000
Total Equity and Debt	279 000	466 000	606 000	477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	474 000	296 000	50 000	505 000
Other Income	833 000	385 000	355 000	583 000
Revenue	1 307 000	681 000	405 000	1 089 000
Cost of Goods Sold	1 167 000	625 000	229 000	637 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 524 000	816 000	304 000	840 000
Operating Profit	−217 000	−136 000	100 000	248 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	−216 000	−136 000	100 000	248 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	266 000	393 000	237 000
Total Current Assets	279 000	466 000	606 000	477 000
Total Assets	279 000	466 000	606 000	477 000
Total Equity	227 000	443 000	579 000	479 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	6 000	6 000	0
Creditors	4 000	−1 000	8 000	−2 000
Unpaid Taxes	43 000	19 000	13 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	47 000	18 000	21 000	−2 000
Total Equity and Debt	279 000	466 000	606 000	477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−95,15 %	−30,7 %	17,27 %	51,77 %
Debt-to-Equity Ratio	0,03	0,01	0,01	0
Operating Profit Margin	−16,6 %	−19,97 %	24,69 %	22,77 %
Current Ratio	5,94	25,89	28,86	−238,5
Quick Ratio	5,94	25,89	28,86	−238,5
Equity Ratio	0,81	0,95	0,96	1
Gross Profit Margin	10,71 %	8,22 %	43,46 %	41,51 %