FESTSPILLENE HELGELAND AS

8656 MOSJØEN

Finances

Return on Equity

166,96 %

Current Ratio

0,64

Debt-to-Equity Ratio

−0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 774 000	4 144 000	1 882 000	1 218 000
Net Income	−384 000	−69 000	100 000	93 000
Total Assets	449 000	516 000	418 000	196 000
Total Equity	−230 000	155 000	223 000	123 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 774 000	4 144 000	1 882 000	1 218 000
Expenditure	3 157 000	4 212 000	1 782 000	1 124 000
Operating Profit	−383 000	−68 000	101 000	94 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Earnings Before Tax	−384 000	−69 000	100 000	93 000
Tax	0	0	0	0
Net Income	−384 000	−69 000	100 000	93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	37 000	51 000	0
Total Current Assets	424 000	479 000	367 000	196 000
Total Assets	449 000	516 000	418 000	196 000
Total Retained Equity	−260 000	125 000	193 000	93 000
Total Equity	−230 000	155 000	223 000	123 000
Total Long-Term Debt	12 000	0	75 000	0
Total Current Debt	667 000	362 000	119 000	73 000
Total Equity and Debt	449 000	516 000	418 000	196 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	827 000	2 540 000	637 000	28 000
Other Income	1 947 000	1 604 000	1 245 000	1 190 000
Revenue	2 774 000	4 144 000	1 882 000	1 218 000
Cost of Goods Sold	0	1 499 000	621 000	0
Salary Costs	708 000	837 000	434 000	374 000
Depreciation	12 000	13 000	5 000	0
Impairment	0	0	0	0
Expenditure	3 157 000	4 212 000	1 782 000	1 124 000
Operating Profit	−383 000	−68 000	101 000	94 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	−384 000	−69 000	100 000	93 000

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	10 000	22 000	36 000	0
Total Tangible Assets	10 000	22 000	36 000	0
Total Fiancial Fixed Assets	15 000	15 000	15 000	0
Total Fixed Assets	25 000	37 000	51 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	214 000	99 000	122 000	121 000
Total Current Assets	424 000	479 000	367 000	196 000
Total Assets	449 000	516 000	418 000	196 000
Total Equity	−230 000	155 000	223 000	123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 000	0	75 000	0
Creditors	596 000	229 000	55 000	4 000
Unpaid Taxes	1 000	18 000	18 000	24 000
Dividends	0	0	0	0
Other Current Debt	69 000	115 000	46 000	45 000
Total Current Debt	667 000	362 000	119 000	73 000
Total Equity and Debt	449 000	516 000	418 000	196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	166,96 %	−44,52 %	44,84 %	75,61 %
Debt-to-Equity Ratio	−0,05	0	0,34	0
Operating Profit Margin	−13,81 %	−1,64 %	5,37 %	7,72 %
Current Ratio	0,64	1,32	3,08	2,68
Quick Ratio	0,64	1,32	3,08	2,68
Equity Ratio	−0,51	0,3	0,53	0,63
Gross Profit Margin	100 %	63,83 %	67 %	100 %