FESTSPILLENE I ELVERUM

2414 ELVERUM

Finances

Share Ownership

Return on Equity

−61,57 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 244 000	6 280 000	4 902 000	7 881 000
Net Income	−833 000	510 000	2 210 000	−821 000
Total Assets	2 557 000	2 359 000	1 879 000	975 000
Total Equity	1 353 000	2 185 000	1 675 000	−536 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 244 000	6 280 000	4 902 000	7 881 000
Expenditure	8 078 000	5 772 000	2 680 000	8 666 000
Operating Profit	−835 000	508 000	2 222 000	−785 000
Financial Income	3 000	2 000	2 000	4 000
Financial Costs	1 000	0	14 000	40 000
Financial Balance	2 000	2 000	−12 000	−36 000
Earnings Before Tax	−833 000	510 000	2 210 000	−821 000
Tax	0	0	0	0
Net Income	−833 000	510 000	2 210 000	−821 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	69 000	93 000	117 000
Total Current Assets	2 493 000	2 290 000	1 786 000	858 000
Total Assets	2 557 000	2 359 000	1 879 000	975 000
Total Retained Equity	1 253 000	0	0	−636 000
Total Equity	1 353 000	2 185 000	1 675 000	−536 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 205 000	173 000	205 000	1 510 000
Total Equity and Debt	2 557 000	2 359 000	1 879 000	975 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 333 000	939 000	255 000	2 106 000
Other Income	4 910 000	5 341 000	4 647 000	5 774 000
Revenue	7 244 000	6 280 000	4 902 000	7 881 000
Cost of Goods Sold	3 776 000	2 286 000	173 000	3 390 000
Salary Costs	3 829 000	2 847 000	1 952 000	4 165 000
Depreciation	28 000	24 000	24 000	8 000
Impairment	0	0	0	0
Expenditure	8 078 000	5 772 000	2 680 000	8 666 000
Operating Profit	−835 000	508 000	2 222 000	−785 000
Financial Income	3 000	2 000	2 000	4 000
Financial Costs	1 000	0	14 000	40 000
Financial Balance	2 000	2 000	−12 000	−36 000
Dividends	0	0	0	0
Net Income	−833 000	510 000	2 210 000	−821 000

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	59 000	64 000	88 000	112 000
Total Tangible Assets	59 000	64 000	88 000	112 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	64 000	69 000	93 000	117 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 065 000	1 615 000	1 579 000	247 000
Total Current Assets	2 493 000	2 290 000	1 786 000	858 000
Total Assets	2 557 000	2 359 000	1 879 000	975 000
Total Equity	1 353 000	2 185 000	1 675 000	−536 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	901 000	21 000	76 000	1 348 000
Unpaid Taxes	97 000	64 000	60 000	75 000
Dividends	0	0	0	0
Other Current Debt	207 000	88 000	69 000	88 000
Total Current Debt	1 205 000	173 000	205 000	1 510 000
Total Equity and Debt	2 557 000	2 359 000	1 879 000	975 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−61,57 %	23,34 %	131,94 %	153,17 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−11,53 %	8,09 %	45,33 %	−9,96 %
Current Ratio	2,07	13,24	8,71	0,57
Quick Ratio	2,07	13,24	8,71	0,57
Equity Ratio	0,53	0,93	0,89	−0,55
Gross Profit Margin	47,87 %	63,6 %	96,47 %	56,99 %