STIFTELSEN OSLO WORLD MUSIC FESTIVAL

0157 OSLO

Finances

Share Ownership

Return on Equity

−88,3 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 499 000	12 470 000	9 965 000	10 928 000
Net Income	−596 000	1 091 000	426 000	202 000
Total Assets	2 096 000	2 568 000	1 383 000	1 161 000
Total Equity	675 000	1 271 000	180 000	−246 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 499 000	12 470 000	9 965 000	10 928 000
Expenditure	15 072 000	11 377 000	9 538 000	10 706 000
Operating Profit	−573 000	1 093 000	427 000	222 000
Financial Income	15 000	9 000	2 000	3 000
Financial Costs	38 000	11 000	3 000	23 000
Financial Balance	−23 000	−2 000	−1 000	−20 000
Earnings Before Tax	−596 000	1 091 000	426 000	202 000
Tax	0	0	0	0
Net Income	−596 000	1 091 000	426 000	202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	7 000	17 000	9 000
Total Current Assets	2 076 000	2 561 000	1 366 000	1 152 000
Total Assets	2 096 000	2 568 000	1 383 000	1 161 000
Total Retained Equity	175 000	771 000	−320 000	−746 000
Total Equity	675 000	1 271 000	180 000	−246 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 421 000	1 297 000	1 203 000	1 407 000
Total Equity and Debt	2 096 000	2 568 000	1 383 000	1 161 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	14 499 000	12 470 000	9 965 000	10 928 000
Revenue	14 499 000	12 470 000	9 965 000	10 928 000
Cost of Goods Sold	7 964 000	5 762 000	4 142 000	4 703 000
Salary Costs	4 743 000	4 176 000	4 257 000	4 214 000
Depreciation	7 000	10 000	9 000	10 000
Impairment	0	0	0	0
Expenditure	15 072 000	11 377 000	9 538 000	10 706 000
Operating Profit	−573 000	1 093 000	427 000	222 000
Financial Income	15 000	9 000	2 000	3 000
Financial Costs	38 000	11 000	3 000	23 000
Financial Balance	−23 000	−2 000	−1 000	−20 000
Dividends	0	0	0	0
Net Income	−596 000	1 091 000	426 000	202 000

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	20 000	7 000	17 000	9 000
Fixtures	0	0	0	0
Total Tangible Assets	20 000	7 000	17 000	9 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	7 000	17 000	9 000
Stock	0	0	8 000	17 000
Total Investments	0	0	0	0
Cash, Bank	1 531 000	2 107 000	1 097 000	685 000
Total Current Assets	2 076 000	2 561 000	1 366 000	1 152 000
Total Assets	2 096 000	2 568 000	1 383 000	1 161 000
Total Equity	675 000	1 271 000	180 000	−246 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	267 000	182 000	139 000	224 000
Unpaid Taxes	345 000	428 000	416 000	264 000
Dividends	0	0	0	0
Other Current Debt	809 000	687 000	647 000	919 000
Total Current Debt	1 421 000	1 297 000	1 203 000	1 407 000
Total Equity and Debt	2 096 000	2 568 000	1 383 000	1 161 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−88,3 %	85,84 %	236,67 %	−82,11 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−3,95 %	8,77 %	4,28 %	2,03 %
Current Ratio	1,46	1,97	1,14	0,82
Quick Ratio	1,46	1,97	1,14	0,83
Equity Ratio	0,32	0,49	0,13	−0,21
Gross Profit Margin	45,07 %	53,79 %	58,43 %	56,96 %