GLOMMAFESTIVALEN AS

1615 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

20,22 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 153 000	2 264 000	705 000	4 860 000
Net Income	112 000	71 000	127 000	−682 000
Total Assets	560 000	529 000	384 000	311 000
Total Equity	554 000	441 000	371 000	244 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 153 000	2 264 000	705 000	4 860 000
Expenditure	3 041 000	2 193 000	579 000	5 543 000
Operating Profit	112 000	70 000	126 000	−683 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	1 000
Earnings Before Tax	112 000	71 000	127 000	−682 000
Tax	0	0	0	0
Net Income	112 000	71 000	127 000	−682 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	560 000	529 000	384 000	311 000
Total Assets	560 000	529 000	384 000	311 000
Total Retained Equity	36 000	−76 000	−147 000	−274 000
Total Equity	554 000	441 000	371 000	244 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 000	87 000	13 000	67 000
Total Equity and Debt	560 000	529 000	384 000	311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 964 000	1 686 000	231 000	4 722 000
Other Income	189 000	578 000	474 000	138 000
Revenue	3 153 000	2 264 000	705 000	4 860 000
Cost of Goods Sold	347 000	321 000	0	1 065 000
Salary Costs	0	25 000	0	37 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 041 000	2 193 000	579 000	5 543 000
Operating Profit	112 000	70 000	126 000	−683 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	1 000
Dividends	0	0	0	0
Net Income	112 000	71 000	127 000	−682 000

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	448 000	483 000	362 000	247 000
Total Current Assets	560 000	529 000	384 000	311 000
Total Assets	560 000	529 000	384 000	311 000
Total Equity	554 000	441 000	371 000	244 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	87 000	6 000	66 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	7 000	1 000
Total Current Debt	7 000	87 000	13 000	67 000
Total Equity and Debt	560 000	529 000	384 000	311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,22 %	16,1 %	34,23 %	−279,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,55 %	3,09 %	17,87 %	−14,05 %
Current Ratio	80	6,08	29,54	4,64
Quick Ratio	80	6,08	29,54	4,64
Equity Ratio	0,99	0,83	0,97	0,78
Gross Profit Margin	88,99 %	85,82 %	100 %	78,09 %