HAVNAFESTIVALEN AS

8800 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

−1 970,27 %

Current Ratio

0,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 319 000	9 563 000	2 747 000	5 445 000
Net Income	−1 458 000	465 000	823 000	432 000
Total Assets	1 699 000	3 070 000	2 812 000	851 000
Total Equity	74 000	1 532 000	1 066 000	244 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 319 000	9 563 000	2 747 000	5 445 000
Expenditure	10 779 000	8 945 000	1 684 000	4 993 000
Operating Profit	−1 460 000	619 000	1 063 000	452 000
Financial Income	3 000	3 000	1 000	1 000
Financial Costs	1 000	1 000	7 000	21 000
Financial Balance	2 000	2 000	−6 000	−20 000
Earnings Before Tax	−1 458 000	622 000	1 057 000	432 000
Tax	0	156 000	234 000	0
Net Income	−1 458 000	465 000	823 000	432 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	394 000	414 000	157 000	161 000
Total Current Assets	1 305 000	2 657 000	2 655 000	689 000
Total Assets	1 699 000	3 070 000	2 812 000	851 000
Total Retained Equity	−26 000	1 432 000	966 000	144 000
Total Equity	74 000	1 532 000	1 066 000	244 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 625 000	1 539 000	1 745 000	607 000
Total Equity and Debt	1 699 000	3 070 000	2 812 000	851 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 818 000	7 231 000	355 000	5 417 000
Other Income	501 000	2 332 000	2 392 000	28 000
Revenue	9 319 000	9 563 000	2 747 000	5 445 000
Cost of Goods Sold	3 199 000	3 034 000	105 000	1 960 000
Salary Costs	1 673 000	1 647 000	182 000	16 000
Depreciation	140 000	103 000	87 000	59 000
Impairment	0	0	0	0
Expenditure	10 779 000	8 945 000	1 684 000	4 993 000
Operating Profit	−1 460 000	619 000	1 063 000	452 000
Financial Income	3 000	3 000	1 000	1 000
Financial Costs	1 000	1 000	7 000	21 000
Financial Balance	2 000	2 000	−6 000	−20 000
Dividends	0	0	0	0
Net Income	−1 458 000	465 000	823 000	432 000

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	82 000	158 000	96 000	85 000
Fixtures	250 000	199 000	48 000	76 000
Total Tangible Assets	332 000	356 000	144 000	161 000
Total Fiancial Fixed Assets	62 000	57 000	13 000	0
Total Fixed Assets	394 000	414 000	157 000	161 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	678 000	2 059 000	503 000	520 000
Total Current Assets	1 305 000	2 657 000	2 655 000	689 000
Total Assets	1 699 000	3 070 000	2 812 000	851 000
Total Equity	74 000	1 532 000	1 066 000	244 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	489 000	166 000	25 000	29 000
Unpaid Taxes	224 000	173 000	2 000	133 000
Dividends	0	0	0	0
Other Current Debt	913 000	1 043 000	1 484 000	446 000
Total Current Debt	1 625 000	1 539 000	1 745 000	607 000
Total Equity and Debt	1 699 000	3 070 000	2 812 000	851 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 970,27 %	30,35 %	77,2 %	177,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−15,67 %	6,47 %	38,7 %	8,3 %
Current Ratio	0,8	1,73	1,52	1,14
Quick Ratio	0,8	1,73	1,52	1,14
Equity Ratio	0,04	0,5	0,38	0,29
Gross Profit Margin	65,67 %	68,27 %	96,18 %	64 %