FACTORY LIGHT FESTIVAL AS

1389 HEGGEDAL

Finances

Share Ownership

Return on Equity

114,8 %

Current Ratio

0,86

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	776 000	1 154 000	443 000
Net Income	−225 000	−211 000	−782 000
Total Assets	1 207 000	950 000	283 000
Total Equity	−196 000	29 000	30 000

Income (NOK)	2022	2021	2020
Revenue	776 000	1 154 000	443 000
Expenditure	1 002 000	1 364 000	1 226 000
Operating Profit	−226 000	−210 000	−782 000
Financial Income	0	1 000	0
Financial Costs	0	2 000	0
Financial Balance	0	−1 000	0
Earnings Before Tax	−225 000	−211 000	−782 000
Tax	0	0	0
Net Income	−225 000	−211 000	−782 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	1 207 000	950 000	283 000
Total Assets	1 207 000	950 000	283 000
Total Retained Equity	−226 000	−1 000	0
Total Equity	−196 000	29 000	30 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 403 000	921 000	253 000
Total Equity and Debt	1 207 000	950 000	283 000

Cash flow (NOK)	2022	2021	2020
Sales Income	776 000	32 000	1 000
Other Income	0	1 122 000	442 000
Revenue	776 000	1 154 000	443 000
Cost of Goods Sold	552 000	1 066 000	1 093 000
Salary Costs	0	3 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 002 000	1 364 000	1 226 000
Operating Profit	−226 000	−210 000	−782 000
Financial Income	0	1 000	0
Financial Costs	0	2 000	0
Financial Balance	0	−1 000	0
Dividends	0	0	0
Net Income	−225 000	−211 000	−782 000

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	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	950 000	385 000	123 000
Total Current Assets	1 207 000	950 000	283 000
Total Assets	1 207 000	950 000	283 000
Total Equity	−196 000	29 000	30 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 365 000	882 000	253 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	38 000	39 000	0
Total Current Debt	1 403 000	921 000	253 000
Total Equity and Debt	1 207 000	950 000	283 000

Financial indicators	2022	2021	2020
Return on Equity	114,8 %	−727,59 %	−2 606,67 %
Debt-to-Equity Ratio	−0	0	0
Operating Profit Margin	−29,12 %	−18,2 %	−176,52 %
Current Ratio	0,86	1,03	1,12
Quick Ratio	0,86	1,03	1,12
Equity Ratio	−0,16	0,03	0,11
Gross Profit Margin	28,87 %	7,63 %	−146,73 %