VINTERJAZZFESTIVALEN AS

1642 SALTNES

Finances

Share Ownership

Return on Equity

10,29 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 219 000	726 000	687 000	477 000
Net Income	25 000	117 000	119 000	−43 000
Total Assets	417 000	262 000	141 000	2 000
Total Equity	243 000	218 000	101 000	−17 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 219 000	726 000	687 000	477 000
Expenditure	1 186 000	577 000	547 000	520 000
Operating Profit	33 000	149 000	140 000	−43 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	33 000	149 000	140 000	−43 000
Tax	7 000	33 000	21 000	0
Net Income	25 000	117 000	119 000	−43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	74 000	92 000	0	0
Total Current Assets	343 000	170 000	141 000	2 000
Total Assets	417 000	262 000	141 000	2 000
Total Retained Equity	70 000	44 000	−72 000	−191 000
Total Equity	243 000	218 000	101 000	−17 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	173 000	44 000	40 000	20 000
Total Equity and Debt	417 000	262 000	141 000	2 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 013 000	87 000	365 000	471 000
Other Income	206 000	639 000	322 000	6 000
Revenue	1 219 000	726 000	687 000	477 000
Cost of Goods Sold	849 000	389 000	418 000	408 000
Salary Costs	0	0	0	0
Depreciation	18 000	22 000	0	0
Impairment	0	0	0	0
Expenditure	1 186 000	577 000	547 000	520 000
Operating Profit	33 000	149 000	140 000	−43 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	25 000	117 000	119 000	−43 000

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	74 000	92 000	0	0
Total Tangible Assets	74 000	92 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	74 000	92 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	181 000	158 000	130 000	2 000
Total Current Assets	343 000	170 000	141 000	2 000
Total Assets	417 000	262 000	141 000	2 000
Total Equity	243 000	218 000	101 000	−17 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	133 000	0	7 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	11 000	11 000	11 000	15 000
Total Current Debt	173 000	44 000	40 000	20 000
Total Equity and Debt	417 000	262 000	141 000	2 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,29 %	53,67 %	117,82 %	252,94 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	2,71 %	20,52 %	20,38 %	−9,01 %
Current Ratio	1,98	3,86	3,53	0,1
Quick Ratio	1,98	3,86	3,53	0,1
Equity Ratio	0,58	0,83	0,72	−8,5
Gross Profit Margin	30,35 %	46,42 %	39,16 %	14,47 %