SKY FESTIVALS AS

1622 GRESSVIK

Finances

Return on Equity

80,19 %

Current Ratio

0,09

Debt-to-Equity Ratio

2,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	100 000
Net Income	4 186 000	−19 000	−90 000	1 074 000
Total Assets	28 897 000	10 660 000	2 486 000	4 346 000
Total Equity	5 220 000	1 034 000	1 053 000	1 143 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	100 000
Expenditure	14 000	19 000	90 000	526 000
Operating Profit	−14 000	−19 000	−90 000	−426 000
Financial Income	4 200 000	0	0	1 500 000
Financial Costs	0	0	0	0
Financial Balance	4 200 000	0	0	1 500 000
Earnings Before Tax	4 186 000	−19 000	−90 000	1 074 000
Tax	0	0	0	0
Net Income	4 186 000	−19 000	−90 000	1 074 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 943 000	9 980 000	2 380 000	2 360 000
Total Current Assets	954 000	680 000	106 000	1 986 000
Total Assets	28 897 000	10 660 000	2 486 000	4 346 000
Total Retained Equity	5 131 000	944 000	963 000	1 053 000
Total Equity	5 220 000	1 034 000	1 053 000	1 143 000
Total Long-Term Debt	13 529 000	0	0	0
Total Current Debt	10 148 000	9 627 000	1 433 000	3 204 000
Total Equity and Debt	28 897 000	10 660 000	2 486 000	4 346 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	100 000
Revenue	0	0	0	100 000
Cost of Goods Sold	0	0	0	500 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	14 000	19 000	90 000	526 000
Operating Profit	−14 000	−19 000	−90 000	−426 000
Financial Income	4 200 000	0	0	1 500 000
Financial Costs	0	0	0	0
Financial Balance	4 200 000	0	0	1 500 000
Dividends	0	0	0	0
Net Income	4 186 000	−19 000	−90 000	1 074 000

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	27 943 000	9 980 000	2 380 000	2 360 000
Total Fixed Assets	27 943 000	9 980 000	2 380 000	2 360 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	807 000	79 000	5 000	1 000
Total Current Assets	954 000	680 000	106 000	1 986 000
Total Assets	28 897 000	10 660 000	2 486 000	4 346 000
Total Equity	5 220 000	1 034 000	1 053 000	1 143 000
Short-Term Group Debt	8 823 000	9 123 000	927 000	2 680 000
Total Long-Term Debt	13 529 000	0	0	0
Creditors	0	4 000	6 000	24 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 325 000	500 000	500 000	500 000
Total Current Debt	10 148 000	9 627 000	1 433 000	3 204 000
Total Equity and Debt	28 897 000	10 660 000	2 486 000	4 346 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,19 %	−1,84 %	−8,55 %	93,96 %
Debt-to-Equity Ratio	2,59	0	0	0
Operating Profit Margin	-	-	-	−426 %
Current Ratio	0,09	0,07	0,07	0,62
Quick Ratio	0,09	0,07	0,07	0,62
Equity Ratio	0,18	0,1	0,42	0,26
Gross Profit Margin	-	-	-	−400 %