FINSLAND FESTIVALDRIFT AS

4646 FINSLAND

Finances

Share Ownership

Return on Equity

87,1 %

Current Ratio

2,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 737 000	23 000	0
Net Income	189 000	8 000	−5 000
Total Assets	367 000	27 000	20 000
Total Equity	217 000	27 000	20 000

Income (NOK)	2022	2021	2020
Revenue	1 737 000	23 000	0
Expenditure	1 494 000	15 000	5 000
Operating Profit	243 000	8 000	−5 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	243 000	8 000	−5 000
Tax	54 000	0	0
Net Income	189 000	8 000	−5 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	367 000	27 000	20 000
Total Assets	367 000	27 000	20 000
Total Retained Equity	192 000	3 000	−5 000
Total Equity	217 000	27 000	20 000
Total Long-Term Debt	0	0	0
Total Current Debt	150 000	0	0
Total Equity and Debt	367 000	27 000	20 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 737 000	3 000	0
Other Income	1 000	20 000	0
Revenue	1 737 000	23 000	0
Cost of Goods Sold	847 000	0	0
Salary Costs	1 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 494 000	15 000	5 000
Operating Profit	243 000	8 000	−5 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	189 000	8 000	−5 000

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	348 000	27 000	20 000
Total Current Assets	367 000	27 000	20 000
Total Assets	367 000	27 000	20 000
Total Equity	217 000	27 000	20 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	41 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	55 000	0	0
Total Current Debt	150 000	0	0
Total Equity and Debt	367 000	27 000	20 000

Financial indicators	2022	2021	2020
Return on Equity	87,1 %	29,63 %	−25 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	13,99 %	34,78 %	-
Current Ratio	2,45	-	-
Quick Ratio	2,45	-	-
Equity Ratio	0,59	1	1
Gross Profit Margin	51,24 %	100 %	-