FESTIVAL HOLDING AS

4642 SØGNE

Finances

Return on Equity

1,53 %

Current Ratio

1,7

Debt-to-Equity Ratio

4,68

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	31 000	49 000	35 000
Total Assets	11 692 000	7 173 000	5 079 000
Total Equity	2 030 000	2 030 000	30 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	20 000	26 000	1 000
Operating Profit	−20 000	−26 000	−1 000
Financial Income	570 000	300 000	208 000
Financial Costs	510 000	211 000	163 000
Financial Balance	60 000	89 000	45 000
Earnings Before Tax	40 000	62 000	43 000
Tax	9 000	14 000	8 000
Net Income	31 000	49 000	35 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	11 418 000	7 058 000	5 000 000
Total Current Assets	275 000	116 000	79 000
Total Assets	11 692 000	7 173 000	5 079 000
Total Retained Equity	6 000	6 000	6 000
Total Equity	2 030 000	2 030 000	30 000
Total Long-Term Debt	9 500 000	5 000 000	5 000 000
Total Current Debt	162 000	143 000	49 000
Total Equity and Debt	11 692 000	7 173 000	5 079 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	20 000	26 000	1 000
Operating Profit	−20 000	−26 000	−1 000
Financial Income	570 000	300 000	208 000
Financial Costs	510 000	211 000	163 000
Financial Balance	60 000	89 000	45 000
Dividends	0	0	0
Net Income	31 000	49 000	35 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	11 418 000	7 058 000	5 000 000
Total Fixed Assets	11 418 000	7 058 000	5 000 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	105 000	116 000	79 000
Total Current Assets	275 000	116 000	79 000
Total Assets	11 692 000	7 173 000	5 079 000
Total Equity	2 030 000	2 030 000	30 000
Short-Term Group Debt	100 000	62 000	38 000
Total Long-Term Debt	9 500 000	5 000 000	5 000 000
Creditors	0	23 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	62 000	58 000	11 000
Total Current Debt	162 000	143 000	49 000
Total Equity and Debt	11 692 000	7 173 000	5 079 000

Financial indicators	2022	2021	2020
Return on Equity	1,53 %	2,41 %	116,67 %
Debt-to-Equity Ratio	4,68	2,46	166,67
Operating Profit Margin	-	-	-
Current Ratio	1,7	0,81	1,61
Quick Ratio	1,7	0,81	1,61
Equity Ratio	0,17	0,28	0,01
Gross Profit Margin	-	-	-