STIFTELSEN MIDTNORSK JAZZSENTER

7042 TRONDHEIM

Finances

Share Ownership

Return on Equity

1,05 %

Current Ratio

5,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 995 000	13 166 000	12 309 000	11 808 000
Net Income	33 000	90 000	171 000	78 000
Total Assets	3 832 000	3 917 000	4 327 000	4 566 000
Total Equity	3 142 000	3 109 000	3 019 000	2 848 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 995 000	13 166 000	12 309 000	11 808 000
Expenditure	13 943 000	13 072 000	12 133 000	11 744 000
Operating Profit	53 000	94 000	175 000	64 000
Financial Income	7 000	5 000	10 000	18 000
Financial Costs	27 000	8 000	14 000	4 000
Financial Balance	−20 000	−3 000	−4 000	14 000
Earnings Before Tax	33 000	90 000	171 000	78 000
Tax	0	0	0	0
Net Income	33 000	90 000	171 000	78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	262 000	276 000	290 000	304 000
Total Current Assets	3 570 000	3 640 000	4 036 000	4 262 000
Total Assets	3 832 000	3 917 000	4 327 000	4 566 000
Total Retained Equity	3 092 000	3 059 000	2 969 000	2 798 000
Total Equity	3 142 000	3 109 000	3 019 000	2 848 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	690 000	807 000	1 308 000	1 718 000
Total Equity and Debt	3 832 000	3 917 000	4 327 000	4 566 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 843 000	11 922 000	11 369 000	10 936 000
Other Income	1 152 000	1 244 000	940 000	872 000
Revenue	13 995 000	13 166 000	12 309 000	11 808 000
Cost of Goods Sold	8 423 000	8 537 000	7 409 000	6 835 000
Salary Costs	2 570 000	2 423 000	2 233 000	2 225 000
Depreciation	14 000	14 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	13 943 000	13 072 000	12 133 000	11 744 000
Operating Profit	53 000	94 000	175 000	64 000
Financial Income	7 000	5 000	10 000	18 000
Financial Costs	27 000	8 000	14 000	4 000
Financial Balance	−20 000	−3 000	−4 000	14 000
Dividends	0	0	0	0
Net Income	33 000	90 000	171 000	78 000

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	53 000	67 000	81 000	95 000
Fixtures	4 000	4 000	4 000	4 000
Total Tangible Assets	57 000	71 000	85 000	99 000
Total Fiancial Fixed Assets	205 000	205 000	205 000	205 000
Total Fixed Assets	262 000	276 000	290 000	304 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 191 000	2 112 000	2 919 000	3 969 000
Total Current Assets	3 570 000	3 640 000	4 036 000	4 262 000
Total Assets	3 832 000	3 917 000	4 327 000	4 566 000
Total Equity	3 142 000	3 109 000	3 019 000	2 848 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	115 000	109 000	420 000	236 000
Unpaid Taxes	202 000	190 000	230 000	248 000
Dividends	0	0	0	0
Other Current Debt	373 000	508 000	658 000	1 234 000
Total Current Debt	690 000	807 000	1 308 000	1 718 000
Total Equity and Debt	3 832 000	3 917 000	4 327 000	4 566 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,05 %	2,89 %	5,66 %	2,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,38 %	0,71 %	1,42 %	0,54 %
Current Ratio	5,17	4,51	3,09	2,48
Quick Ratio	5,17	4,51	3,09	2,48
Equity Ratio	0,82	0,79	0,7	0,62
Gross Profit Margin	39,81 %	35,16 %	39,81 %	42,12 %