STIFTELSEN TRONDHEIM JAZZFESTIVAL

7042 TRONDHEIM

Finances

Share Ownership

Return on Equity

−53,68 %

Current Ratio

2,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 111 000	5 734 000	6 058 000	6 767 000
Net Income	−1 050 000	−183 000	828 000	−119 000
Total Assets	2 993 000	4 362 000	3 993 000	3 082 000
Total Equity	1 956 000	3 006 000	3 189 000	2 361 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 111 000	5 734 000	6 058 000	6 767 000
Expenditure	9 169 000	5 922 000	5 240 000	6 884 000
Operating Profit	−1 058 000	−188 000	818 000	−118 000
Financial Income	11 000	5 000	12 000	17 000
Financial Costs	3 000	0	2 000	19 000
Financial Balance	8 000	5 000	10 000	−2 000
Earnings Before Tax	−1 050 000	−183 000	828 000	−119 000
Tax	0	0	0	0
Net Income	−1 050 000	−183 000	828 000	−119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	5 000	5 000	16 000
Total Current Assets	2 988 000	4 357 000	3 988 000	3 066 000
Total Assets	2 993 000	4 362 000	3 993 000	3 082 000
Total Retained Equity	1 841 000	2 891 000	3 074 000	2 246 000
Total Equity	1 956 000	3 006 000	3 189 000	2 361 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 038 000	1 357 000	805 000	721 000
Total Equity and Debt	2 993 000	4 362 000	3 993 000	3 082 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 663 000	5 238 000	5 644 000	6 266 000
Other Income	448 000	495 000	414 000	501 000
Revenue	8 111 000	5 734 000	6 058 000	6 767 000
Cost of Goods Sold	6 261 000	3 562 000	3 474 000	4 981 000
Salary Costs	1 999 000	1 544 000	1 229 000	1 266 000
Depreciation	0	0	11 000	0
Impairment	0	0	0	0
Expenditure	9 169 000	5 922 000	5 240 000	6 884 000
Operating Profit	−1 058 000	−188 000	818 000	−118 000
Financial Income	11 000	5 000	12 000	17 000
Financial Costs	3 000	0	2 000	19 000
Financial Balance	8 000	5 000	10 000	−2 000
Dividends	0	0	0	0
Net Income	−1 050 000	−183 000	828 000	−119 000

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	11 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	11 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	5 000	5 000	5 000	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 459 000	3 502 000	2 983 000	2 549 000
Total Current Assets	2 988 000	4 357 000	3 988 000	3 066 000
Total Assets	2 993 000	4 362 000	3 993 000	3 082 000
Total Equity	1 956 000	3 006 000	3 189 000	2 361 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	297 000	204 000	426 000	345 000
Unpaid Taxes	184 000	160 000	137 000	116 000
Dividends	0	0	0	0
Other Current Debt	557 000	993 000	242 000	261 000
Total Current Debt	1 038 000	1 357 000	805 000	721 000
Total Equity and Debt	2 993 000	4 362 000	3 993 000	3 082 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,68 %	−6,09 %	25,96 %	−5,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−13,04 %	−3,28 %	13,5 %	−1,74 %
Current Ratio	2,88	3,21	4,95	4,25
Quick Ratio	2,88	3,21	4,95	4,25
Equity Ratio	0,65	0,69	0,8	0,77
Gross Profit Margin	22,81 %	37,88 %	42,65 %	26,39 %