BALKAN EVENTS AS

0585 OSLO

Finances

Share Ownership

Return on Equity

60 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	434 000	328 000	0	693 000
Net Income	12 000	16 000	−60 000	27 000
Total Assets	144 000	8 000	74 000	94 000
Total Equity	20 000	8 000	−8 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	434 000	328 000	0	693 000
Expenditure	422 000	311 000	61 000	657 000
Operating Profit	12 000	16 000	−61 000	36 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Earnings Before Tax	12 000	16 000	−60 000	36 000
Tax	0	0	0	9 000
Net Income	12 000	16 000	−60 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	144 000	8 000	74 000	94 000
Total Assets	144 000	8 000	74 000	94 000
Total Retained Equity	−10 000	−22 000	−38 000	22 000
Total Equity	20 000	8 000	−8 000	52 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	125 000	0	83 000	42 000
Total Equity and Debt	144 000	8 000	74 000	94 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	434 000	328 000	0	693 000
Other Income	0	0	0	0
Revenue	434 000	328 000	0	693 000
Cost of Goods Sold	256 000	261 000	35 000	415 000
Salary Costs	6 000	2 000	0	3 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	422 000	311 000	61 000	657 000
Operating Profit	12 000	16 000	−61 000	36 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Dividends	0	0	0	0
Net Income	12 000	16 000	−60 000	27 000

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	144 000	8 000	74 000	65 000
Total Current Assets	144 000	8 000	74 000	94 000
Total Assets	144 000	8 000	74 000	94 000
Total Equity	20 000	8 000	−8 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	125 000	0	−4 000	−3 000
Unpaid Taxes	0	0	0	13 000
Dividends	0	0	0	0
Other Current Debt	0	0	78 000	23 000
Total Current Debt	125 000	0	83 000	42 000
Total Equity and Debt	144 000	8 000	74 000	94 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60 %	200 %	750 %	51,92 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	2,76 %	4,88 %	-	5,19 %
Current Ratio	1,15	-	0,89	2,24
Quick Ratio	1,15	-	0,89	2,24
Equity Ratio	0,14	1	−0,11	0,55
Gross Profit Margin	41,01 %	20,43 %	-	40,12 %