FOLKEMUSIKKDAGANE I ÅL

3570 ÅL

Finances

Share Ownership

Return on Equity

−4,83 %

Current Ratio

15,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 789 000	1 602 000	1 448 000	1 846 000
Net Income	−70 000	481 000	722 000	−70 000
Total Assets	1 548 000	1 636 000	1 110 000	380 000
Total Equity	1 449 000	1 518 000	1 038 000	321 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 789 000	1 602 000	1 448 000	1 846 000
Expenditure	1 859 000	1 120 000	727 000	1 916 000
Operating Profit	−70 000	481 000	721 000	−70 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Earnings Before Tax	−70 000	481 000	722 000	−70 000
Tax	0	0	0	0
Net Income	−70 000	481 000	722 000	−70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	1 000	1 000	8 000
Total Current Assets	1 547 000	1 635 000	1 109 000	372 000
Total Assets	1 548 000	1 636 000	1 110 000	380 000
Total Retained Equity	1 394 000	1 464 000	984 000	267 000
Total Equity	1 449 000	1 518 000	1 038 000	321 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	99 000	118 000	72 000	59 000
Total Equity and Debt	1 548 000	1 636 000	1 110 000	380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	258 000	211 000	9 000	422 000
Other Income	1 531 000	1 390 000	1 438 000	1 424 000
Revenue	1 789 000	1 602 000	1 448 000	1 846 000
Cost of Goods Sold	0	17 000	0	0
Salary Costs	347 000	347 000	345 000	289 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 859 000	1 120 000	727 000	1 916 000
Operating Profit	−70 000	481 000	721 000	−70 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Dividends	0	0	0	0
Net Income	−70 000	481 000	722 000	−70 000

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	0	0	0	7 000
Total Tangible Assets	0	0	0	7 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	1 000	1 000	1 000	8 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 462 000	1 125 000	859 000	288 000
Total Current Assets	1 547 000	1 635 000	1 109 000	372 000
Total Assets	1 548 000	1 636 000	1 110 000	380 000
Total Equity	1 449 000	1 518 000	1 038 000	321 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	25 000	0	0
Unpaid Taxes	30 000	26 000	23 000	18 000
Dividends	0	0	0	0
Other Current Debt	49 000	67 000	49 000	40 000
Total Current Debt	99 000	118 000	72 000	59 000
Total Equity and Debt	1 548 000	1 636 000	1 110 000	380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,83 %	31,69 %	69,56 %	−21,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,91 %	30,02 %	49,79 %	−3,79 %
Current Ratio	15,63	13,86	15,4	6,31
Quick Ratio	15,63	13,86	15,4	6,31
Equity Ratio	0,94	0,93	0,94	0,84
Gross Profit Margin	100 %	98,94 %	100 %	100 %