STIFTELSEN KONGSBERG JAZZFESTIVAL

3616 KONGSBERG

Finances

Return on Equity

−223,15 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 759 000	18 961 000	7 813 000	35 642 000
Net Income	−4 434 000	5 279 000	−16 000	−423 000
Total Assets	6 138 000	11 933 000	10 198 000	3 930 000
Total Equity	1 987 000	6 421 000	1 142 000	1 158 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 759 000	18 961 000	7 813 000	35 642 000
Expenditure	32 309 000	13 718 000	7 663 000	36 029 000
Operating Profit	−4 550 000	5 243 000	151 000	−387 000
Financial Income	166 000	42 000	65 000	32 000
Financial Costs	50 000	5 000	231 000	68 000
Financial Balance	116 000	37 000	−166 000	−36 000
Earnings Before Tax	−4 434 000	5 279 000	−16 000	−423 000
Tax	0	0	0	0
Net Income	−4 434 000	5 279 000	−16 000	−423 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 238 000	1 472 000	684 000	923 000
Total Current Assets	4 900 000	10 461 000	9 514 000	3 007 000
Total Assets	6 138 000	11 933 000	10 198 000	3 930 000
Total Retained Equity	1 487 000	5 921 000	642 000	658 000
Total Equity	1 987 000	6 421 000	1 142 000	1 158 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 151 000	5 512 000	9 056 000	2 772 000
Total Equity and Debt	6 138 000	11 933 000	10 198 000	3 930 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 112 000	18 165 000	5 679 000	31 752 000
Other Income	2 647 000	796 000	2 134 000	3 890 000
Revenue	27 759 000	18 961 000	7 813 000	35 642 000
Cost of Goods Sold	26 046 000	8 459 000	2 704 000	30 805 000
Salary Costs	3 869 000	2 990 000	2 898 000	3 145 000
Depreciation	305 000	219 000	276 000	221 000
Impairment	0	0	0	0
Expenditure	32 309 000	13 718 000	7 663 000	36 029 000
Operating Profit	−4 550 000	5 243 000	151 000	−387 000
Financial Income	166 000	42 000	65 000	32 000
Financial Costs	50 000	5 000	231 000	68 000
Financial Balance	116 000	37 000	−166 000	−36 000
Dividends	0	0	0	0
Net Income	−4 434 000	5 279 000	−16 000	−423 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 230 000	1 464 000	676 000	915 000
Total Tangible Assets	1 230 000	1 464 000	676 000	915 000
Total Fiancial Fixed Assets	8 000	8 000	8 000	8 000
Total Fixed Assets	1 238 000	1 472 000	684 000	923 000
Stock	6 000	42 000	0	11 000
Total Investments	0	0	0	0
Cash, Bank	3 548 000	8 800 000	6 800 000	1 979 000
Total Current Assets	4 900 000	10 461 000	9 514 000	3 007 000
Total Assets	6 138 000	11 933 000	10 198 000	3 930 000
Total Equity	1 987 000	6 421 000	1 142 000	1 158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	41 000	769 000	930 000	308 000
Unpaid Taxes	348 000	347 000	208 000	159 000
Dividends	0	0	0	0
Other Current Debt	3 762 000	4 396 000	7 917 000	2 305 000
Total Current Debt	4 151 000	5 512 000	9 056 000	2 772 000
Total Equity and Debt	6 138 000	11 933 000	10 198 000	3 930 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−223,15 %	82,21 %	−1,4 %	−36,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−16,39 %	27,65 %	1,93 %	−1,09 %
Current Ratio	1,18	1,9	1,05	1,08
Quick Ratio	1,18	1,91	1,05	1,09
Equity Ratio	0,32	0,54	0,11	0,29
Gross Profit Margin	6,17 %	55,39 %	65,39 %	13,57 %