OKTOBERFESTIVAL AS

9803 VADSØ

Finances

Share Ownership

Return on Equity

−1 866,67 %

Current Ratio

0,72

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	395 000	0	634 000	539 000
Net Income	−56 000	−142 000	13 000	125 000
Total Assets	152 000	29 000	378 000	231 000
Total Equity	3 000	29 000	236 000	223 000

Income (NOK)	2021	2020	2019	2018
Revenue	395 000	0	634 000	539 000
Expenditure	450 000	140 000	621 000	414 000
Operating Profit	−55 000	−141 000	13 000	125 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−55 000	−141 000	13 000	125 000
Tax	1 000	1 000	0	0
Net Income	−56 000	−142 000	13 000	125 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	44 000	1 000	14 000	21 000
Total Current Assets	107 000	28 000	365 000	210 000
Total Assets	152 000	29 000	378 000	231 000
Total Retained Equity	−27 000	−1 000	206 000	193 000
Total Equity	3 000	29 000	236 000	223 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	149 000	0	143 000	8 000
Total Equity and Debt	152 000	29 000	378 000	231 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	395 000	0	634 000	539 000
Other Income	0	0	0	0
Revenue	395 000	0	634 000	539 000
Cost of Goods Sold	50 000	0	125 000	111 000
Salary Costs	33 000	0	0	0
Depreciation	1 000	5 000	7 000	8 000
Impairment	0	0	0	0
Expenditure	450 000	140 000	621 000	414 000
Operating Profit	−55 000	−141 000	13 000	125 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−56 000	−142 000	13 000	125 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	44 000	0	14 000	21 000
Total Tangible Assets	44 000	0	14 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	44 000	1 000	14 000	21 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	105 000	12 000	308 000	208 000
Total Current Assets	107 000	28 000	365 000	210 000
Total Assets	152 000	29 000	378 000	231 000
Total Equity	3 000	29 000	236 000	223 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	130 000	0	188 000	0
Unpaid Taxes	19 000	0	0	24 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	149 000	0	143 000	8 000
Total Equity and Debt	152 000	29 000	378 000	231 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−1 866,67 %	−489,66 %	5,51 %	56,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−13,92 %	-	2,05 %	23,19 %
Current Ratio	0,72	-	2,55	26,25
Quick Ratio	0,72	-	2,55	26,25
Equity Ratio	0,02	1	0,62	0,97
Gross Profit Margin	87,34 %	-	80,28 %	79,41 %