STIFTELSEN OSLO INTERNASJONALE KIRKEMUSIKKFESTIVAL

0157 OSLO

Finances

Share Ownership

Return on Equity

15,45 %

Current Ratio

3,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 546 000	7 224 000	5 025 000	7 653 000
Net Income	481 000	−77 000	402 000	−48 000
Total Assets	4 234 000	3 744 000	4 604 000	3 151 000
Total Equity	3 113 000	2 632 000	2 709 000	2 307 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 546 000	7 224 000	5 025 000	7 653 000
Expenditure	7 091 000	7 306 000	4 637 000	7 720 000
Operating Profit	456 000	−82 000	388 000	−67 000
Financial Income	26 000	5 000	15 000	19 000
Financial Costs	0	0	0	0
Financial Balance	26 000	5 000	15 000	19 000
Earnings Before Tax	481 000	−77 000	402 000	−48 000
Tax	0	0	0	0
Net Income	481 000	−77 000	402 000	−48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	28 000	75 000	122 000
Total Current Assets	4 210 000	3 717 000	4 529 000	3 029 000
Total Assets	4 234 000	3 744 000	4 604 000	3 151 000
Total Retained Equity	2 020 000	1 539 000	1 616 000	1 214 000
Total Equity	3 113 000	2 632 000	2 709 000	2 307 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 121 000	1 112 000	1 895 000	844 000
Total Equity and Debt	4 234 000	3 744 000	4 604 000	3 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	7 653 000
Other Income	7 546 000	7 224 000	5 025 000	0
Revenue	7 546 000	7 224 000	5 025 000	7 653 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 546 000	5 804 000	3 500 000	5 552 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 091 000	7 306 000	4 637 000	7 720 000
Operating Profit	456 000	−82 000	388 000	−67 000
Financial Income	26 000	5 000	15 000	19 000
Financial Costs	0	0	0	0
Financial Balance	26 000	5 000	15 000	19 000
Dividends	0	0	0	0
Net Income	481 000	−77 000	402 000	−48 000

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	70 000	0
Fixtures	19 000	23 000	0	117 000
Total Tangible Assets	19 000	23 000	70 000	117 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	24 000	28 000	75 000	122 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 866 000	3 325 000	4 010 000	2 325 000
Total Current Assets	4 210 000	3 717 000	4 529 000	3 029 000
Total Assets	4 234 000	3 744 000	4 604 000	3 151 000
Total Equity	3 113 000	2 632 000	2 709 000	2 307 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	51 000	36 000	23 000	0
Unpaid Taxes	248 000	212 000	209 000	172 000
Dividends	0	0	0	0
Other Current Debt	822 000	864 000	1 664 000	672 000
Total Current Debt	1 121 000	1 112 000	1 895 000	844 000
Total Equity and Debt	4 234 000	3 744 000	4 604 000	3 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,45 %	−2,93 %	14,84 %	−2,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,04 %	−1,14 %	7,72 %	−0,88 %
Current Ratio	3,76	3,34	2,39	3,59
Quick Ratio	3,76	3,34	2,39	3,59
Equity Ratio	0,74	0,7	0,59	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %