FRIENDS EVENT AS

1166 OSLO

Finances

Return on Equity

−51,64 %

Current Ratio

2,24

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 175 000	930 000	2 113 000	505 000
Net Income	−189 000	75 000	435 000	14 000
Total Assets	540 000	688 000	631 000	138 000
Total Equity	366 000	554 000	479 000	44 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 175 000	930 000	2 113 000	505 000
Expenditure	1 366 000	828 000	1 523 000	487 000
Operating Profit	−191 000	103 000	590 000	18 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	2 000
Financial Balance	−2 000	−1 000	0	−2 000
Earnings Before Tax	−193 000	102 000	590 000	16 000
Tax	−4 000	27 000	155 000	2 000
Net Income	−189 000	75 000	435 000	14 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	150 000	170 000	220 000	32 000
Total Current Assets	390 000	518 000	412 000	106 000
Total Assets	540 000	688 000	631 000	138 000
Total Retained Equity	336 000	524 000	449 000	14 000
Total Equity	366 000	554 000	479 000	44 000
Total Long-Term Debt	0	4 000	7 000	2 000
Total Current Debt	174 000	129 000	146 000	92 000
Total Equity and Debt	540 000	688 000	631 000	138 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 175 000	930 000	2 113 000	505 000
Other Income	0	0	0	0
Revenue	1 175 000	930 000	2 113 000	505 000
Cost of Goods Sold	195 000	12 000	771 000	217 000
Salary Costs	480 000	402 000	2 000	1 000
Depreciation	50 000	50 000	28 000	1 000
Impairment	0	0	0	0
Expenditure	1 366 000	828 000	1 523 000	487 000
Operating Profit	−191 000	103 000	590 000	18 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	2 000
Financial Balance	−2 000	−1 000	0	−2 000
Dividends	0	0	0	0
Net Income	−189 000	75 000	435 000	14 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	67 000	110 000	153 000	0
Fixtures	53 000	60 000	66 000	32 000
Total Tangible Assets	120 000	170 000	220 000	32 000
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	150 000	170 000	220 000	32 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	292 000	144 000	397 000	38 000
Total Current Assets	390 000	518 000	412 000	106 000
Total Assets	540 000	688 000	631 000	138 000
Total Equity	366 000	554 000	479 000	44 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 000	7 000	2 000
Creditors	56 000	−13 000	1 000	3 000
Unpaid Taxes	74 000	46 000	−1 000	−22 000
Dividends	0	0	0	0
Other Current Debt	43 000	71 000	0	111 000
Total Current Debt	174 000	129 000	146 000	92 000
Total Equity and Debt	540 000	688 000	631 000	138 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−51,64 %	13,54 %	90,81 %	31,82 %
Debt-to-Equity Ratio	0	0,01	0,01	0,05
Operating Profit Margin	−16,26 %	11,08 %	27,92 %	3,56 %
Current Ratio	2,24	4,02	2,82	1,15
Quick Ratio	2,24	4,02	2,82	1,15
Equity Ratio	0,68	0,81	0,76	0,32
Gross Profit Margin	83,4 %	98,71 %	63,51 %	57,03 %