HEMSINGFESTIVALEN AS

2910 AURDAL

Finances

Share Ownership

Return on Equity

−3,43 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 073 000	1 754 000	2 285 000	1 624 000
Net Income	−8 000	198 000	−21 000	260 000
Total Assets	1 284 000	918 000	521 000	972 000
Total Equity	233 000	241 000	43 000	64 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 073 000	1 754 000	2 285 000	1 624 000
Expenditure	2 084 000	1 520 000	2 292 000	1 348 000
Operating Profit	−10 000	233 000	−8 000	277 000
Financial Income	3 000	1 000	2 000	3 000
Financial Costs	2 000	0	16 000	1 000
Financial Balance	1 000	1 000	−14 000	2 000
Earnings Before Tax	−10 000	234 000	−21 000	279 000
Tax	−2 000	36 000	0	19 000
Net Income	−8 000	198 000	−21 000	260 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	160 000	149 000	155 000	0
Total Current Assets	1 124 000	769 000	366 000	972 000
Total Assets	1 284 000	918 000	521 000	972 000
Total Retained Equity	203 000	211 000	13 000	34 000
Total Equity	233 000	241 000	43 000	64 000
Total Long-Term Debt	8 000	10 000	0	0
Total Current Debt	1 043 000	667 000	478 000	908 000
Total Equity and Debt	1 284 000	918 000	521 000	972 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	251 000	132 000	663 000	472 000
Other Income	1 823 000	1 621 000	1 622 000	1 152 000
Revenue	2 073 000	1 754 000	2 285 000	1 624 000
Cost of Goods Sold	1 007 000	1 051 000	857 000	324 000
Salary Costs	77 000	30 000	24 000	23 000
Depreciation	8 000	6 000	5 000	0
Impairment	0	0	0	0
Expenditure	2 084 000	1 520 000	2 292 000	1 348 000
Operating Profit	−10 000	233 000	−8 000	277 000
Financial Income	3 000	1 000	2 000	3 000
Financial Costs	2 000	0	16 000	1 000
Financial Balance	1 000	1 000	−14 000	2 000
Dividends	0	0	0	0
Net Income	−8 000	198 000	−21 000	260 000

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	160 000	149 000	155 000	0
Total Tangible Assets	160 000	149 000	155 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	160 000	149 000	155 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	251 000	130 000	16 000	572 000
Total Current Assets	1 124 000	769 000	366 000	972 000
Total Assets	1 284 000	918 000	521 000	972 000
Total Equity	233 000	241 000	43 000	64 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	10 000	0	0
Creditors	126 000	31 000	27 000	19 000
Unpaid Taxes	6 000	3 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	911 000	595 000	451 000	870 000
Total Current Debt	1 043 000	667 000	478 000	908 000
Total Equity and Debt	1 284 000	918 000	521 000	972 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,43 %	82,16 %	−48,84 %	406,25 %
Debt-to-Equity Ratio	0,03	0,04	0	0
Operating Profit Margin	−0,48 %	13,28 %	−0,35 %	17,06 %
Current Ratio	1,08	1,15	0,77	1,07
Quick Ratio	1,08	1,15	0,77	1,07
Equity Ratio	0,18	0,26	0,08	0,07
Gross Profit Margin	51,42 %	40,08 %	62,49 %	80,05 %