FESTSPILLENE I NORD-NORGE

9405 HARSTAD

Finances

Share Ownership

Return on Equity

−70,74 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 132 000	27 602 000	18 876 000	25 713 000
Net Income	−1 361 000	403 000	2 139 000	−1 798 000
Total Assets	4 091 000	8 040 000	11 688 000	3 377 000
Total Equity	1 924 000	3 284 000	2 882 000	743 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 132 000	27 602 000	18 876 000	25 713 000
Expenditure	30 494 000	27 203 000	16 739 000	27 518 000
Operating Profit	−1 362 000	400 000	2 138 000	−1 805 000
Financial Income	6 000	4 000	5 000	20 000
Financial Costs	5 000	2 000	4 000	12 000
Financial Balance	1 000	2 000	1 000	8 000
Earnings Before Tax	−1 361 000	403 000	2 139 000	−1 798 000
Tax	0	0	0	0
Net Income	−1 361 000	403 000	2 139 000	−1 798 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 148 000	215 000	222 000	232 000
Total Current Assets	2 943 000	7 825 000	11 467 000	3 145 000
Total Assets	4 091 000	8 040 000	11 688 000	3 377 000
Total Retained Equity	1 724 000	3 084 000	2 682 000	543 000
Total Equity	1 924 000	3 284 000	2 882 000	743 000
Total Long-Term Debt	241 000	0	0	355 000
Total Current Debt	1 926 000	4 756 000	8 807 000	2 280 000
Total Equity and Debt	4 091 000	8 040 000	11 688 000	3 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 097 000	6 558 000	685 000	6 910 000
Other Income	23 034 000	21 044 000	18 191 000	18 803 000
Revenue	29 132 000	27 602 000	18 876 000	25 713 000
Cost of Goods Sold	21 906 000	17 710 000	7 840 000	19 483 000
Salary Costs	6 309 000	6 918 000	6 342 000	5 362 000
Depreciation	112 000	7 000	11 000	12 000
Impairment	0	0	0	0
Expenditure	30 494 000	27 203 000	16 739 000	27 518 000
Operating Profit	−1 362 000	400 000	2 138 000	−1 805 000
Financial Income	6 000	4 000	5 000	20 000
Financial Costs	5 000	2 000	4 000	12 000
Financial Balance	1 000	2 000	1 000	8 000
Dividends	0	0	0	0
Net Income	−1 361 000	403 000	2 139 000	−1 798 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	204 000	204 000	204 000	204 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	944 000	11 000	18 000	28 000
Total Tangible Assets	944 000	11 000	18 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 148 000	215 000	222 000	232 000
Stock	91 000	54 000	136 000	257 000
Total Investments	0	0	0	0
Cash, Bank	1 412 000	6 116 000	10 845 000	2 147 000
Total Current Assets	2 943 000	7 825 000	11 467 000	3 145 000
Total Assets	4 091 000	8 040 000	11 688 000	3 377 000
Total Equity	1 924 000	3 284 000	2 882 000	743 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	241 000	0	0	355 000
Creditors	915 000	407 000	1 574 000	367 000
Unpaid Taxes	188 000	344 000	315 000	336 000
Dividends	0	0	0	0
Other Current Debt	823 000	4 005 000	6 918 000	1 577 000
Total Current Debt	1 926 000	4 756 000	8 807 000	2 280 000
Total Equity and Debt	4 091 000	8 040 000	11 688 000	3 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−70,74 %	12,27 %	74,22 %	−241,99 %
Debt-to-Equity Ratio	0,13	0	0	0,48
Operating Profit Margin	−4,68 %	1,45 %	11,33 %	−7,02 %
Current Ratio	1,53	1,65	1,3	1,38
Quick Ratio	1,6	1,66	1,32	1,55
Equity Ratio	0,47	0,41	0,25	0,22
Gross Profit Margin	24,8 %	35,84 %	58,47 %	24,23 %