STIFTELSEN BERGEN MUSIC FEST

5003 BERGEN

Finances

Share Ownership

Return on Equity

−0,22 %

Current Ratio

0,61

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 735 000	6 247 000	4 695 000	26 586 000
Net Income	9 000	694 000	64 000	−27 000
Total Assets	6 606 000	10 064 000	10 485 000	1 229 000
Total Equity	−4 143 000	−4 151 000	−4 845 000	−4 909 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 735 000	6 247 000	4 695 000	26 586 000
Expenditure	40 815 000	5 557 000	4 632 000	26 595 000
Operating Profit	−80 000	690 000	64 000	−10 000
Financial Income	95 000	4 000	3 000	8 000
Financial Costs	7 000	0	3 000	24 000
Financial Balance	88 000	4 000	0	−16 000
Earnings Before Tax	9 000	694 000	64 000	−27 000
Tax	0	0	0	0
Net Income	9 000	694 000	64 000	−27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	23 000	49 000	74 000
Total Current Assets	6 568 000	10 040 000	10 436 000	1 156 000
Total Assets	6 606 000	10 064 000	10 485 000	1 229 000
Total Retained Equity	−4 193 000	−4 151 000	−4 845 000	−4 909 000
Total Equity	−4 143 000	−4 151 000	−4 845 000	−4 909 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 749 000	14 215 000	15 330 000	6 138 000
Total Equity and Debt	6 606 000	10 064 000	10 485 000	1 229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 134 000	0	0	17 736 000
Other Income	12 601 000	6 247 000	4 695 000	8 849 000
Revenue	40 735 000	6 247 000	4 695 000	26 586 000
Cost of Goods Sold	39 836 000	4 932 000	4 037 000	25 694 000
Salary Costs	496 000	173 000	143 000	340 000
Depreciation	33 000	25 000	25 000	25 000
Impairment	0	0	0	0
Expenditure	40 815 000	5 557 000	4 632 000	26 595 000
Operating Profit	−80 000	690 000	64 000	−10 000
Financial Income	95 000	4 000	3 000	8 000
Financial Costs	7 000	0	3 000	24 000
Financial Balance	88 000	4 000	0	−16 000
Dividends	0	0	0	0
Net Income	9 000	694 000	64 000	−27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	23 000	49 000	74 000
Total Tangible Assets	0	23 000	49 000	74 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	38 000	23 000	49 000	74 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 771 000	5 009 000	2 875 000	1 000
Total Current Assets	6 568 000	10 040 000	10 436 000	1 156 000
Total Assets	6 606 000	10 064 000	10 485 000	1 229 000
Total Equity	−4 143 000	−4 151 000	−4 845 000	−4 909 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	116 000	29 000	157 000
Unpaid Taxes	307 000	1 000	0	13 000
Dividends	0	0	0	0
Other Current Debt	10 440 000	14 099 000	15 301 000	5 941 000
Total Current Debt	10 749 000	14 215 000	15 330 000	6 138 000
Total Equity and Debt	6 606 000	10 064 000	10 485 000	1 229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,22 %	−16,72 %	−1,32 %	0,55 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−0,2 %	11,05 %	1,36 %	−0,04 %
Current Ratio	0,61	0,71	0,68	0,19
Quick Ratio	0,61	0,71	0,68	0,19
Equity Ratio	−0,63	−0,41	−0,46	−3,99
Gross Profit Margin	2,21 %	21,05 %	14,01 %	3,36 %