ÅLESUND TEATERFESTIVAL

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

−18,71 %

Current Ratio

2,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 577 000	3 532 000	3 045 000	2 318 000
Net Income	−256 000	−80 000	1 257 000	4 000
Total Assets	2 413 000	2 222 000	1 816 000	696 000
Total Equity	1 368 000	1 624 000	1 704 000	647 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 577 000	3 532 000	3 045 000	2 318 000
Expenditure	3 830 000	3 608 000	1 788 000	2 313 000
Operating Profit	−254 000	−75 000	1 259 000	5 000
Financial Income	0	0	0	2 000
Financial Costs	2 000	5 000	2 000	2 000
Financial Balance	−2 000	−5 000	−2 000	0
Earnings Before Tax	−256 000	−80 000	1 257 000	4 000
Tax	0	0	0	0
Net Income	−256 000	−80 000	1 257 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	110 000	90 000	24 000	38 000
Total Current Assets	2 302 000	2 132 000	1 792 000	658 000
Total Assets	2 413 000	2 222 000	1 816 000	696 000
Total Retained Equity	1 345 000	1 601 000	1 681 000	200 000
Total Equity	1 368 000	1 624 000	1 704 000	647 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 045 000	598 000	112 000	49 000
Total Equity and Debt	2 413 000	2 222 000	1 816 000	696 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 577 000	0	0	2 170 000
Other Income	0	3 532 000	3 045 000	148 000
Revenue	3 577 000	3 532 000	3 045 000	2 318 000
Cost of Goods Sold	0	0	0	18 000
Salary Costs	615 000	842 000	935 000	1 189 000
Depreciation	9 000	15 000	15 000	11 000
Impairment	0	0	0	0
Expenditure	3 830 000	3 608 000	1 788 000	2 313 000
Operating Profit	−254 000	−75 000	1 259 000	5 000
Financial Income	0	0	0	2 000
Financial Costs	2 000	5 000	2 000	2 000
Financial Balance	−2 000	−5 000	−2 000	0
Dividends	0	0	0	0
Net Income	−256 000	−80 000	1 257 000	4 000

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	9 000	24 000	38 000
Total Tangible Assets	0	9 000	24 000	38 000
Total Fiancial Fixed Assets	110 000	81 000	0	0
Total Fixed Assets	110 000	90 000	24 000	38 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 302 000	2 132 000	1 731 000	638 000
Total Current Assets	2 302 000	2 132 000	1 792 000	658 000
Total Assets	2 413 000	2 222 000	1 816 000	696 000
Total Equity	1 368 000	1 624 000	1 704 000	647 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	34 000	−2 000	49 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 018 000	565 000	114 000	0
Total Current Debt	1 045 000	598 000	112 000	49 000
Total Equity and Debt	2 413 000	2 222 000	1 816 000	696 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,71 %	−4,93 %	73,77 %	0,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−7,1 %	−2,12 %	41,35 %	0,22 %
Current Ratio	2,2	3,57	16	13,43
Quick Ratio	2,2	3,57	16	13,43
Equity Ratio	0,57	0,73	0,94	0,93
Gross Profit Margin	100 %	100 %	100 %	99,22 %