OSLO KIZOMBA FESTIVAL AS

0179 OSLO

Finances

Share Ownership

Return on Equity

−240 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	478 000	562 000	292 000	78 000
Net Income	−72 000	113 000	12 000	−10 000
Total Assets	142 000	87 000	−10 000	13 000
Total Equity	30 000	77 000	−35 000	−70 000

Income (NOK)	2022	2021	2020	2019
Revenue	478 000	562 000	292 000	78 000
Expenditure	547 000	446 000	279 000	88 000
Operating Profit	−69 000	116 000	12 000	−10 000
Financial Income	0	0	0	0
Financial Costs	3 000	4 000	0	0
Financial Balance	−3 000	−4 000	0	0
Earnings Before Tax	−72 000	113 000	12 000	−10 000
Tax	0	0	0	0
Net Income	−72 000	113 000	12 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	0	0	0
Total Current Assets	141 000	87 000	−10 000	13 000
Total Assets	142 000	87 000	−10 000	13 000
Total Retained Equity	0	47 000	−65 000	−100 000
Total Equity	30 000	77 000	−35 000	−70 000
Total Long-Term Debt	0	0	0	60 000
Total Current Debt	112 000	9 000	25 000	23 000
Total Equity and Debt	142 000	87 000	−10 000	13 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	478 000	562 000	92 000	78 000
Other Income	0	0	200 000	0
Revenue	478 000	562 000	292 000	78 000
Cost of Goods Sold	286 000	275 000	38 000	0
Salary Costs	110 000	49 000	161 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	547 000	446 000	279 000	88 000
Operating Profit	−69 000	116 000	12 000	−10 000
Financial Income	0	0	0	0
Financial Costs	3 000	4 000	0	0
Financial Balance	−3 000	−4 000	0	0
Dividends	0	0	0	0
Net Income	−72 000	113 000	12 000	−10 000

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	1 000	0	0	0
Total Fixed Assets	1 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	80 000	−54 000	13 000
Total Current Assets	141 000	87 000	−10 000	13 000
Total Assets	142 000	87 000	−10 000	13 000
Total Equity	30 000	77 000	−35 000	−70 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	60 000
Creditors	15 000	0	0	0
Unpaid Taxes	44 000	5 000	10 000	0
Dividends	0	0	0	0
Other Current Debt	43 000	5 000	15 000	23 000
Total Current Debt	112 000	9 000	25 000	23 000
Total Equity and Debt	142 000	87 000	−10 000	13 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−240 %	146,75 %	−34,29 %	14,29 %
Debt-to-Equity Ratio	0	0	−0	−0,86
Operating Profit Margin	−14,44 %	20,64 %	4,11 %	−12,82 %
Current Ratio	1,26	9,67	−0,4	0,57
Quick Ratio	1,26	9,67	−0,4	0,57
Equity Ratio	0,21	0,89	3,5	−5,38
Gross Profit Margin	40,17 %	51,07 %	86,99 %	100 %