COUNTRYFESTIVALEN SELJORD AS

3840 SELJORD

Finances

Return on Equity

288,01 %

Current Ratio

0,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 787 000	1 649 000	5 451 000	17 628 000
Net Income	2 811 000	−703 000	1 948 000	1 331 000
Total Assets	8 014 000	6 901 000	7 189 000	2 649 000
Total Equity	976 000	2 896 000	3 600 000	1 652 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 787 000	1 649 000	5 451 000	17 628 000
Expenditure	19 298 000	2 365 000	2 650 000	15 910 000
Operating Profit	3 489 000	−715 000	2 801 000	1 718 000
Financial Income	11 000	9 000	1 000	15 000
Financial Costs	54 000	14 000	305 000	27 000
Financial Balance	−43 000	−5 000	−304 000	−12 000
Earnings Before Tax	3 446 000	−721 000	2 497 000	1 706 000
Tax	635 000	−17 000	549 000	375 000
Net Income	2 811 000	−703 000	1 948 000	1 331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 587 000	742 000	1 043 000	1 388 000
Total Current Assets	6 427 000	6 159 000	6 147 000	1 261 000
Total Assets	8 014 000	6 901 000	7 189 000	2 649 000
Total Retained Equity	876 000	2 796 000	3 500 000	1 552 000
Total Equity	976 000	2 896 000	3 600 000	1 652 000
Total Long-Term Debt	0	0	17 000	26 000
Total Current Debt	7 038 000	4 005 000	3 572 000	972 000
Total Equity and Debt	8 014 000	6 901 000	7 189 000	2 649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 738 000	4 000	0	17 403 000
Other Income	49 000	1 645 000	5 451 000	225 000
Revenue	22 787 000	1 649 000	5 451 000	17 628 000
Cost of Goods Sold	2 516 000	0	13 000	1 759 000
Salary Costs	2 152 000	206 000	435 000	2 252 000
Depreciation	457 000	301 000	351 000	383 000
Impairment	0	0	0	0
Expenditure	19 298 000	2 365 000	2 650 000	15 910 000
Operating Profit	3 489 000	−715 000	2 801 000	1 718 000
Financial Income	11 000	9 000	1 000	15 000
Financial Costs	54 000	14 000	305 000	27 000
Financial Balance	−43 000	−5 000	−304 000	−12 000
Dividends	4 000 000	0	0	0
Net Income	2 811 000	−703 000	1 948 000	1 331 000

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	1 469 000	724 000	1 025 000	1 376 000
Total Tangible Assets	1 469 000	724 000	1 025 000	1 376 000
Total Fiancial Fixed Assets	118 000	18 000	18 000	12 000
Total Fixed Assets	1 587 000	742 000	1 043 000	1 388 000
Stock	39 000	0	0	13 000
Total Investments	0	0	0	0
Cash, Bank	4 925 000	2 957 000	3 633 000	662 000
Total Current Assets	6 427 000	6 159 000	6 147 000	1 261 000
Total Assets	8 014 000	6 901 000	7 189 000	2 649 000
Total Equity	976 000	2 896 000	3 600 000	1 652 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	17 000	26 000
Creditors	356 000	119 000	77 000	77 000
Unpaid Taxes	28 000	1 000	5 000	75 000
Dividends	4 000 000	0	0	0
Other Current Debt	2 225 000	3 885 000	2 932 000	437 000
Total Current Debt	7 038 000	4 005 000	3 572 000	972 000
Total Equity and Debt	8 014 000	6 901 000	7 189 000	2 649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	288,01 %	−24,27 %	54,11 %	80,57 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	15,31 %	−43,36 %	51,39 %	9,75 %
Current Ratio	0,91	1,54	1,72	1,3
Quick Ratio	0,92	1,54	1,72	1,31
Equity Ratio	0,12	0,42	0,5	0,62
Gross Profit Margin	88,96 %	100 %	99,76 %	90,02 %