STIFTELSEN VESTNORSK JAZZSENTER

5011 BERGEN

Finances

Share Ownership

Return on Equity

−331,53 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 552 000	7 821 000	6 745 000	7 675 000
Net Income	−1 167 000	−201 000	1 082 000	81 000
Total Assets	1 244 000	2 813 000	2 944 000	1 324 000
Total Equity	352 000	1 519 000	1 720 000	638 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 552 000	7 821 000	6 745 000	7 675 000
Expenditure	9 739 000	8 030 000	5 677 000	7 600 000
Operating Profit	−1 188 000	−209 000	1 069 000	76 000
Financial Income	22 000	8 000	14 000	7 000
Financial Costs	1 000	0	1 000	2 000
Financial Balance	21 000	8 000	13 000	5 000
Earnings Before Tax	−1 167 000	−201 000	1 082 000	81 000
Tax	0	0	0	0
Net Income	−1 167 000	−201 000	1 082 000	81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	51 000	79 000	56 000
Total Current Assets	1 222 000	2 763 000	2 865 000	1 267 000
Total Assets	1 244 000	2 813 000	2 944 000	1 324 000
Total Retained Equity	302 000	1 469 000	1 670 000	588 000
Total Equity	352 000	1 519 000	1 720 000	638 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	892 000	1 295 000	1 224 000	686 000
Total Equity and Debt	1 244 000	2 813 000	2 944 000	1 324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 360 000	6 866 000	6 134 000	6 395 000
Other Income	1 192 000	955 000	611 000	1 280 000
Revenue	8 552 000	7 821 000	6 745 000	7 675 000
Cost of Goods Sold	5 464 000	4 349 000	0	0
Salary Costs	3 405 000	3 084 000	2 464 000	2 105 000
Depreciation	29 000	29 000	14 000	0
Impairment	0	0	0	0
Expenditure	9 739 000	8 030 000	5 677 000	7 600 000
Operating Profit	−1 188 000	−209 000	1 069 000	76 000
Financial Income	22 000	8 000	14 000	7 000
Financial Costs	1 000	0	1 000	2 000
Financial Balance	21 000	8 000	13 000	5 000
Dividends	0	0	0	0
Net Income	−1 167 000	−201 000	1 082 000	81 000

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	16 000	45 000	73 000	50 000
Total Tangible Assets	16 000	45 000	73 000	50 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	22 000	51 000	79 000	56 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	186 000	1 849 000	2 631 000	729 000
Total Current Assets	1 222 000	2 763 000	2 865 000	1 267 000
Total Assets	1 244 000	2 813 000	2 944 000	1 324 000
Total Equity	352 000	1 519 000	1 720 000	638 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	207 000	241 000	527 000	292 000
Unpaid Taxes	102 000	157 000	59 000	91 000
Dividends	0	0	0	0
Other Current Debt	584 000	897 000	638 000	303 000
Total Current Debt	892 000	1 295 000	1 224 000	686 000
Total Equity and Debt	1 244 000	2 813 000	2 944 000	1 324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−331,53 %	−13,23 %	62,91 %	12,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−13,89 %	−2,67 %	15,85 %	0,99 %
Current Ratio	1,37	2,13	2,34	1,85
Quick Ratio	1,37	2,13	2,34	1,85
Equity Ratio	0,28	0,54	0,58	0,48
Gross Profit Margin	36,11 %	44,39 %	100 %	100 %