COUNTRYFESTIVALEN AS

2640 VINSTRA

Finances

Share Ownership

Return on Equity

567,67 %

Current Ratio

0,99

Debt-to-Equity Ratio

1,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 171 000	2 768 000	3 499 000	12 979 000
Net Income	2 072 000	−1 172 000	−140 000	1 999 000
Total Assets	6 206 000	6 269 000	8 432 000	6 134 000
Total Equity	365 000	239 000	360 000	500 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 171 000	2 768 000	3 499 000	12 979 000
Expenditure	12 457 000	4 274 000	3 678 000	10 436 000
Operating Profit	2 714 000	−1 506 000	−179 000	2 544 000
Financial Income	7 000	55 000	42 000	24 000
Financial Costs	65 000	53 000	43 000	4 000
Financial Balance	−58 000	2 000	−1 000	20 000
Earnings Before Tax	2 656 000	−1 503 000	−179 000	2 564 000
Tax	584 000	−331 000	−39 000	564 000
Net Income	2 072 000	−1 172 000	−140 000	1 999 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 014 000	946 000	2 631 000	2 954 000
Total Current Assets	5 192 000	5 323 000	5 802 000	3 180 000
Total Assets	6 206 000	6 269 000	8 432 000	6 134 000
Total Retained Equity	−1 087 000	−1 212 000	−40 000	100 000
Total Equity	365 000	239 000	360 000	500 000
Total Long-Term Debt	620 000	1 240 000	1 882 000	43 000
Total Current Debt	5 221 000	4 790 000	6 190 000	5 591 000
Total Equity and Debt	6 206 000	6 269 000	8 432 000	6 134 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 171 000	100 000	80 000	12 979 000
Other Income	0	2 668 000	3 419 000	0
Revenue	15 171 000	2 768 000	3 499 000	12 979 000
Cost of Goods Sold	1 697 000	0	0	1 308 000
Salary Costs	1 134 000	0	96 000	935 000
Depreciation	381 000	348 000	360 000	385 000
Impairment	0	0	0	0
Expenditure	12 457 000	4 274 000	3 678 000	10 436 000
Operating Profit	2 714 000	−1 506 000	−179 000	2 544 000
Financial Income	7 000	55 000	42 000	24 000
Financial Costs	65 000	53 000	43 000	4 000
Financial Balance	−58 000	2 000	−1 000	20 000
Dividends	0	0	0	2 067 000
Net Income	2 072 000	−1 172 000	−140 000	1 999 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	12 000	0	0
Real Eastate	191 000	263 000	334 000	405 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	801 000	671 000	948 000	1 237 000
Total Tangible Assets	992 000	934 000	1 282 000	1 641 000
Total Fiancial Fixed Assets	0	0	1 349 000	1 313 000
Total Fixed Assets	1 014 000	946 000	2 631 000	2 954 000
Stock	0	17 000	17 000	17 000
Total Investments	0	0	0	0
Cash, Bank	3 104 000	2 857 000	4 865 000	1 160 000
Total Current Assets	5 192 000	5 323 000	5 802 000	3 180 000
Total Assets	6 206 000	6 269 000	8 432 000	6 134 000
Total Equity	365 000	239 000	360 000	500 000
Short-Term Group Debt	3 198 000	731 000	2 130 000	0
Total Long-Term Debt	620 000	1 240 000	1 882 000	43 000
Creditors	418 000	655 000	192 000	651 000
Unpaid Taxes	0	0	29 000	108 000
Dividends	0	0	0	2 067 000
Other Current Debt	1 561 000	3 403 000	3 840 000	2 161 000
Total Current Debt	5 221 000	4 790 000	6 190 000	5 591 000
Total Equity and Debt	6 206 000	6 269 000	8 432 000	6 134 000

Financial indicators	2022	2021	2020	2019
Return on Equity	567,67 %	−490,38 %	−38,89 %	399,8 %
Debt-to-Equity Ratio	1,7	5,19	5,23	0,09
Operating Profit Margin	17,89 %	−54,41 %	−5,12 %	19,6 %
Current Ratio	0,99	1,11	0,94	0,57
Quick Ratio	0,99	1,12	0,94	0,57
Equity Ratio	0,06	0,04	0,04	0,08
Gross Profit Margin	88,81 %	100 %	100 %	89,92 %