FÆRDERFESTIVALEN AS

3126 TØNSBERG

Finances

Share Ownership

Return on Equity

44,68 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 530 000	689 000	435 000	2 781 000
Net Income	21 000	211 000	175 000	77 000
Total Assets	430 000	1 360 000	973 000	236 000
Total Equity	47 000	26 000	−185 000	−360 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 530 000	689 000	435 000	2 781 000
Expenditure	1 502 000	418 000	211 000	2 685 000
Operating Profit	28 000	270 000	224 000	97 000
Financial Income	0	0	0	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	3 000
Earnings Before Tax	28 000	270 000	224 000	99 000
Tax	6 000	59 000	49 000	22 000
Net Income	21 000	211 000	175 000	77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	59 000	109 000
Total Current Assets	430 000	1 360 000	913 000	128 000
Total Assets	430 000	1 360 000	973 000	236 000
Total Retained Equity	17 000	−4 000	−215 000	−390 000
Total Equity	47 000	26 000	−185 000	−360 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	382 000	1 334 000	1 158 000	596 000
Total Equity and Debt	430 000	1 360 000	973 000	236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 530 000	319 000	−100 000	2 781 000
Other Income	0	369 000	535 000	0
Revenue	1 530 000	689 000	435 000	2 781 000
Cost of Goods Sold	1 350 000	337 000	0	38 000
Salary Costs	51 000	0	0	722 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 502 000	418 000	211 000	2 685 000
Operating Profit	28 000	270 000	224 000	97 000
Financial Income	0	0	0	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	3 000
Dividends	0	0	0	0
Net Income	21 000	211 000	175 000	77 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	59 000	109 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	59 000	109 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	425 000	1 356 000	699 000	118 000
Total Current Assets	430 000	1 360 000	913 000	128 000
Total Assets	430 000	1 360 000	973 000	236 000
Total Equity	47 000	26 000	−185 000	−360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	189 000	441 000	130 000	594 000
Unpaid Taxes	3 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	185 000	894 000	1 028 000	2 000
Total Current Debt	382 000	1 334 000	1 158 000	596 000
Total Equity and Debt	430 000	1 360 000	973 000	236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,68 %	811,54 %	−94,59 %	−21,39 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	1,83 %	39,19 %	51,49 %	3,49 %
Current Ratio	1,13	1,02	0,79	0,21
Quick Ratio	1,13	1,02	0,79	0,21
Equity Ratio	0,11	0,02	−0,19	−1,53
Gross Profit Margin	11,76 %	51,09 %	100 %	98,63 %