DEN NORSKE MATFESTIVALEN I ÅLESUND AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

−386,49 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 679 000	706 000	704 000	2 351 000
Net Income	−429 000	−32 000	−21 000	298 000
Total Assets	849 000	583 000	674 000	684 000
Total Equity	111 000	540 000	572 000	593 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 679 000	706 000	704 000	2 351 000
Expenditure	2 100 000	731 000	701 000	2 045 000
Operating Profit	−420 000	−25 000	4 000	306 000
Financial Income	0	0	2 000	1 000
Financial Costs	8 000	7 000	27 000	8 000
Financial Balance	−8 000	−7 000	−25 000	−7 000
Earnings Before Tax	−429 000	−32 000	−21 000	298 000
Tax	0	0	0	0
Net Income	−429 000	−32 000	−21 000	298 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	0	0	20 000
Total Current Assets	847 000	583 000	674 000	664 000
Total Assets	849 000	583 000	674 000	684 000
Total Retained Equity	−218 000	211 000	243 000	264 000
Total Equity	111 000	540 000	572 000	593 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	738 000	43 000	102 000	91 000
Total Equity and Debt	849 000	583 000	674 000	684 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	707 000	0	100 000	1 036 000
Other Income	971 000	706 000	605 000	1 315 000
Revenue	1 679 000	706 000	704 000	2 351 000
Cost of Goods Sold	310 000	0	0	370 000
Salary Costs	42 000	44 000	52 000	99 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 100 000	731 000	701 000	2 045 000
Operating Profit	−420 000	−25 000	4 000	306 000
Financial Income	0	0	2 000	1 000
Financial Costs	8 000	7 000	27 000	8 000
Financial Balance	−8 000	−7 000	−25 000	−7 000
Dividends	0	0	0	0
Net Income	−429 000	−32 000	−21 000	298 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 000	0	0	20 000
Total Fixed Assets	2 000	0	0	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	125 000	44 000	488 000	194 000
Total Current Assets	847 000	583 000	674 000	664 000
Total Assets	849 000	583 000	674 000	684 000
Total Equity	111 000	540 000	572 000	593 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	151 000	0	59 000	0
Unpaid Taxes	22 000	5 000	5 000	3 000
Dividends	0	0	0	0
Other Current Debt	564 000	38 000	38 000	88 000
Total Current Debt	738 000	43 000	102 000	91 000
Total Equity and Debt	849 000	583 000	674 000	684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−386,49 %	−5,93 %	−3,67 %	50,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−25,01 %	−3,54 %	0,57 %	13,02 %
Current Ratio	1,15	13,56	6,61	7,3
Quick Ratio	1,15	13,56	6,61	7,3
Equity Ratio	0,13	0,93	0,85	0,87
Gross Profit Margin	81,54 %	100 %	100 %	84,26 %