SØRLANDETS MATFESTIVAL EVENT AS

4643 SØGNE

Finances

Share Ownership

Return on Equity

−20,11 %

Current Ratio

0,68

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	682 000	182 000	2 510 000	1 193 000
Net Income	−38 000	61 000	−128 000	81 000
Total Assets	491 000	307 000	428 000	240 000
Total Equity	189 000	38 000	−22 000	106 000

Income (NOK)	2022	2021	2020	2019
Revenue	682 000	182 000	2 510 000	1 193 000
Expenditure	726 000	99 000	2 654 000	1 087 000
Operating Profit	−43 000	83 000	−144 000	106 000
Financial Income	0	0	0	0
Financial Costs	5 000	5 000	5 000	1 000
Financial Balance	−5 000	−5 000	−5 000	−1 000
Earnings Before Tax	−49 000	78 000	−149 000	105 000
Tax	−10 000	17 000	−21 000	23 000
Net Income	−38 000	61 000	−128 000	81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	293 000	121 000	123 000	58 000
Total Current Assets	198 000	186 000	305 000	182 000
Total Assets	491 000	307 000	428 000	240 000
Total Retained Equity	−25 000	14 000	−47 000	81 000
Total Equity	189 000	38 000	−22 000	106 000
Total Long-Term Debt	10 000	20 000	3 000	2 000
Total Current Debt	292 000	249 000	448 000	133 000
Total Equity and Debt	491 000	307 000	428 000	240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	585 000	5 000	2 010 000	1 003 000
Other Income	97 000	178 000	500 000	190 000
Revenue	682 000	182 000	2 510 000	1 193 000
Cost of Goods Sold	234 000	1 000	976 000	489 000
Salary Costs	63 000	0	800 000	0
Depreciation	31 000	2 000	21 000	4 000
Impairment	0	0	0	0
Expenditure	726 000	99 000	2 654 000	1 087 000
Operating Profit	−43 000	83 000	−144 000	106 000
Financial Income	0	0	0	0
Financial Costs	5 000	5 000	5 000	1 000
Financial Balance	−5 000	−5 000	−5 000	−1 000
Dividends	0	0	0	0
Net Income	−38 000	61 000	−128 000	81 000

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	17 000	0	0	0
Fixtures	276 000	121 000	123 000	58 000
Total Tangible Assets	293 000	121 000	123 000	58 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	293 000	121 000	123 000	58 000
Stock	5 000	95 000	5 000	22 000
Total Investments	0	0	0	0
Cash, Bank	23 000	15 000	15 000	80 000
Total Current Assets	198 000	186 000	305 000	182 000
Total Assets	491 000	307 000	428 000	240 000
Total Equity	189 000	38 000	−22 000	106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	20 000	3 000	2 000
Creditors	256 000	222 000	248 000	6 000
Unpaid Taxes	18 000	19 000	105 000	53 000
Dividends	0	0	0	0
Other Current Debt	19 000	8 000	95 000	52 000
Total Current Debt	292 000	249 000	448 000	133 000
Total Equity and Debt	491 000	307 000	428 000	240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,11 %	160,53 %	581,82 %	76,42 %
Debt-to-Equity Ratio	0,05	0,53	−0,14	0,02
Operating Profit Margin	−6,3 %	45,6 %	−5,74 %	8,89 %
Current Ratio	0,68	0,75	0,68	1,37
Quick Ratio	0,69	1,21	0,69	1,64
Equity Ratio	0,38	0,12	−0,05	0,44
Gross Profit Margin	65,69 %	99,45 %	61,12 %	59,01 %