FESTIVALNETT AS

3128 NØTTERØY

Finances

Share Ownership

Return on Equity

9,59 %

Current Ratio

25,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 000	0	0	26 000
Net Income	7 000	−13 000	−12 000	2 000
Total Assets	76 000	69 000	82 000	94 000
Total Equity	73 000	66 000	79 000	90 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 000	0	0	26 000
Expenditure	57 000	16 000	12 000	24 000
Operating Profit	8 000	−16 000	−12 000	2 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	7 000	−16 000	−12 000	2 000
Tax	0	−3 000	0	0
Net Income	7 000	−13 000	−12 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	76 000	69 000	82 000	94 000
Total Assets	76 000	69 000	82 000	94 000
Total Retained Equity	49 000	41 000	54 000	66 000
Total Equity	73 000	66 000	79 000	90 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 000	3 000	3 000	3 000
Total Equity and Debt	76 000	69 000	82 000	94 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 000	0	0	26 000
Other Income	0	0	0	0
Revenue	65 000	0	0	26 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	57 000	16 000	12 000	24 000
Operating Profit	8 000	−16 000	−12 000	2 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	7 000	−13 000	−12 000	2 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	67 000	50 000	63 000	75 000
Total Current Assets	76 000	69 000	82 000	94 000
Total Assets	76 000	69 000	82 000	94 000
Total Equity	73 000	66 000	79 000	90 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	0
Unpaid Taxes	0	0	−1 000	−1 000
Dividends	0	0	0	0
Other Current Debt	3 000	3 000	3 000	3 000
Total Current Debt	3 000	3 000	3 000	3 000
Total Equity and Debt	76 000	69 000	82 000	94 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,59 %	−19,7 %	−15,19 %	2,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,31 %	-	-	7,69 %
Current Ratio	25,33	23	27,33	31,33
Quick Ratio	25,33	23	27,33	31,33
Equity Ratio	0,96	0,96	0,96	0,96
Gross Profit Margin	100 %	-	-	100 %