STAVERNFESTIVALEN AS

3267 LARVIK

Finances

Share Ownership

Return on Equity

−190,44 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	7 150 000	22 787 000	103 858 000	63 601 000
Net Income	−4 422 000	4 765 000	3 052 000	−955 000
Total Assets	26 825 000	23 621 000	19 495 000	11 611 000
Total Equity	2 322 000	7 824 000	1 760 000	−1 293 000

Income (NOK)	2021	2020	2019	2018
Revenue	7 150 000	22 787 000	103 858 000	63 601 000
Expenditure	12 827 000	16 605 000	99 935 000	64 857 000
Operating Profit	−5 677 000	6 182 000	3 923 000	−1 256 000
Financial Income	2 000	1 000	152 000	40 000
Financial Costs	88 000	23 000	27 000	221 000
Financial Balance	−86 000	−22 000	125 000	−181 000
Earnings Before Tax	−5 763 000	6 160 000	4 048 000	−1 437 000
Tax	−1 341 000	1 396 000	996 000	−482 000
Net Income	−4 422 000	4 765 000	3 052 000	−955 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 037 000	1 018 000	1 263 000	626 000
Total Current Assets	24 788 000	22 603 000	18 232 000	10 985 000
Total Assets	26 825 000	23 621 000	19 495 000	11 611 000
Total Retained Equity	922 000	6 424 000	1 660 000	−1 393 000
Total Equity	2 322 000	7 824 000	1 760 000	−1 293 000
Total Long-Term Debt	0	0	1 300 000	1 300 000
Total Current Debt	24 502 000	15 797 000	16 435 000	11 603 000
Total Equity and Debt	26 825 000	23 621 000	19 495 000	11 611 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	150 000	2 667 000	102 256 000	71 601 000
Other Income	7 000 000	20 121 000	1 603 000	−8 000 000
Revenue	7 150 000	22 787 000	103 858 000	63 601 000
Cost of Goods Sold	733 000	1 328 000	72 452 000	49 105 000
Salary Costs	7 656 000	10 637 000	11 396 000	5 077 000
Depreciation	367 000	245 000	299 000	185 000
Impairment	0	0	0	0
Expenditure	12 827 000	16 605 000	99 935 000	64 857 000
Operating Profit	−5 677 000	6 182 000	3 923 000	−1 256 000
Financial Income	2 000	1 000	152 000	40 000
Financial Costs	88 000	23 000	27 000	221 000
Financial Balance	−86 000	−22 000	125 000	−181 000
Dividends	0	0	0	0
Net Income	−4 422 000	4 765 000	3 052 000	−955 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	1 341 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	681 000	1 003 000	1 248 000	626 000
Total Tangible Assets	681 000	1 003 000	1 248 000	626 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	0
Total Fixed Assets	2 037 000	1 018 000	1 263 000	626 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 107 000	1 784 000	1 725 000	1 574 000
Total Current Assets	24 788 000	22 603 000	18 232 000	10 985 000
Total Assets	26 825 000	23 621 000	19 495 000	11 611 000
Total Equity	2 322 000	7 824 000	1 760 000	−1 293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 300 000	1 300 000
Creditors	619 000	397 000	1 703 000	1 535 000
Unpaid Taxes	591 000	743 000	2 151 000	497 000
Dividends	0	0	0	0
Other Current Debt	21 096 000	12 266 000	11 585 000	9 572 000
Total Current Debt	24 502 000	15 797 000	16 435 000	11 603 000
Total Equity and Debt	26 825 000	23 621 000	19 495 000	11 611 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−190,44 %	60,9 %	173,41 %	73,86 %
Debt-to-Equity Ratio	0	0	0,74	−1,01
Operating Profit Margin	−79,4 %	27,13 %	3,78 %	−1,97 %
Current Ratio	1,01	1,43	1,11	0,95
Quick Ratio	1,01	1,43	1,11	0,95
Equity Ratio	0,09	0,33	0,09	−0,11
Gross Profit Margin	89,75 %	94,17 %	30,24 %	22,79 %