VINTERFESTUKA STIFTELSE

8514 NARVIK

Finances

Return on Equity

−14,27 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 785 000	6 581 000	7 595 000	10 074 000
Net Income	−471 000	87 000	2 071 000	−4 000
Total Assets	4 823 000	4 781 000	6 248 000	2 618 000
Total Equity	3 301 000	3 772 000	3 685 000	1 614 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 785 000	6 581 000	7 595 000	10 074 000
Expenditure	12 249 000	6 470 000	5 515 000	10 070 000
Operating Profit	−464 000	112 000	2 080 000	3 000
Financial Income	3 000	5 000	1 000	3 000
Financial Costs	11 000	30 000	9 000	10 000
Financial Balance	−8 000	−25 000	−8 000	−7 000
Earnings Before Tax	−471 000	87 000	2 071 000	−4 000
Tax	0	0	0	0
Net Income	−471 000	87 000	2 071 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 142 000	3 315 000	1 455 000	448 000
Total Current Assets	1 681 000	1 466 000	4 792 000	2 169 000
Total Assets	4 823 000	4 781 000	6 248 000	2 618 000
Total Retained Equity	3 046 000	3 517 000	3 430 000	1 359 000
Total Equity	3 301 000	3 772 000	3 685 000	1 614 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 522 000	1 009 000	2 562 000	1 003 000
Total Equity and Debt	4 823 000	4 781 000	6 248 000	2 618 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 203 000	1 248 000	1 144 000	5 489 000
Other Income	6 582 000	5 333 000	6 451 000	4 584 000
Revenue	11 785 000	6 581 000	7 595 000	10 074 000
Cost of Goods Sold	1 188 000	425 000	100 000	1 003 000
Salary Costs	3 532 000	2 548 000	2 276 000	3 021 000
Depreciation	518 000	367 000	92 000	59 000
Impairment	0	0	0	0
Expenditure	12 249 000	6 470 000	5 515 000	10 070 000
Operating Profit	−464 000	112 000	2 080 000	3 000
Financial Income	3 000	5 000	1 000	3 000
Financial Costs	11 000	30 000	9 000	10 000
Financial Balance	−8 000	−25 000	−8 000	−7 000
Dividends	0	0	0	0
Net Income	−471 000	87 000	2 071 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 980 000	1 924 000	1 045 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 046 000	1 275 000	294 000	332 000
Total Tangible Assets	3 026 000	3 199 000	1 339 000	332 000
Total Fiancial Fixed Assets	116 000	116 000	116 000	116 000
Total Fixed Assets	3 142 000	3 315 000	1 455 000	448 000
Stock	101 000	81 000	69 000	52 000
Total Investments	0	0	0	0
Cash, Bank	739 000	966 000	3 863 000	1 508 000
Total Current Assets	1 681 000	1 466 000	4 792 000	2 169 000
Total Assets	4 823 000	4 781 000	6 248 000	2 618 000
Total Equity	3 301 000	3 772 000	3 685 000	1 614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	820 000	281 000	1 492 000	173 000
Unpaid Taxes	199 000	174 000	124 000	109 000
Dividends	0	0	0	0
Other Current Debt	504 000	554 000	946 000	721 000
Total Current Debt	1 522 000	1 009 000	2 562 000	1 003 000
Total Equity and Debt	4 823 000	4 781 000	6 248 000	2 618 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,27 %	2,31 %	56,2 %	−0,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,94 %	1,7 %	27,39 %	0,03 %
Current Ratio	1,1	1,45	1,87	2,16
Quick Ratio	1,18	1,58	1,92	2,28
Equity Ratio	0,68	0,79	0,59	0,62
Gross Profit Margin	89,92 %	93,54 %	98,68 %	90,04 %