NORDSTRAND KULTURARENA AS

1166 OSLO

Finances

Share Ownership

Return on Equity

60,22 %

Current Ratio

1,27

Debt-to-Equity Ratio

2,44

Key figures (NOK)	2022	2021	2020
Revenue	4 487 000	2 130 000	572 000
Net Income	165 000	−36 000	113 000
Total Assets	4 377 000	2 329 000	182 000
Total Equity	274 000	109 000	145 000

Income (NOK)	2022	2021	2020
Revenue	4 487 000	2 130 000	572 000
Expenditure	4 314 000	2 161 000	458 000
Operating Profit	173 000	−31 000	113 000
Financial Income	0	0	0
Financial Costs	9 000	5 000	0
Financial Balance	−9 000	−5 000	0
Earnings Before Tax	165 000	−36 000	113 000
Tax	0	0	0
Net Income	165 000	−36 000	113 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	10 000	23 000	37 000
Total Current Assets	4 367 000	2 306 000	145 000
Total Assets	4 377 000	2 329 000	182 000
Total Retained Equity	243 000	78 000	113 000
Total Equity	274 000	109 000	145 000
Total Long-Term Debt	669 000	442 000	0
Total Current Debt	3 434 000	1 778 000	37 000
Total Equity and Debt	4 377 000	2 329 000	182 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 901 000	1 738 000	0
Other Income	586 000	392 000	572 000
Revenue	4 487 000	2 130 000	572 000
Cost of Goods Sold	589 000	400 000	0
Salary Costs	835 000	352 000	0
Depreciation	13 000	13 000	3 000
Impairment	0	0	0
Expenditure	4 314 000	2 161 000	458 000
Operating Profit	173 000	−31 000	113 000
Financial Income	0	0	0
Financial Costs	9 000	5 000	0
Financial Balance	−9 000	−5 000	0
Dividends	0	0	0
Net Income	165 000	−36 000	113 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	10 000	23 000	37 000
Total Tangible Assets	10 000	23 000	37 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	10 000	23 000	37 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	3 636 000	1 766 000	145 000
Total Current Assets	4 367 000	2 306 000	145 000
Total Assets	4 377 000	2 329 000	182 000
Total Equity	274 000	109 000	145 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	669 000	442 000	0
Creditors	255 000	167 000	1 000
Unpaid Taxes	47 000	27 000	0
Dividends	0	0	0
Other Current Debt	3 132 000	1 584 000	36 000
Total Current Debt	3 434 000	1 778 000	37 000
Total Equity and Debt	4 377 000	2 329 000	182 000

Financial indicators	2022	2021	2020
Return on Equity	60,22 %	−33,03 %	77,93 %
Debt-to-Equity Ratio	2,44	4,06	0
Operating Profit Margin	3,86 %	−1,46 %	19,76 %
Current Ratio	1,27	1,3	3,92
Quick Ratio	1,27	1,3	3,92
Equity Ratio	0,06	0,05	0,8
Gross Profit Margin	86,87 %	81,22 %	100 %