STIFTELSEN SAMISK MUSIKKFESTIVAL I KAUTOKEINO

9522 KAUTOKEINO

Finances

Share Ownership

Return on Equity

13,22 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 186 000	3 419 000	2 489 000	4 242 000
Net Income	55 000	−207 000	640 000	508 000
Total Assets	1 728 000	1 916 000	1 596 000	812 000
Total Equity	416 000	361 000	568 000	−72 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 186 000	3 419 000	2 489 000	4 242 000
Expenditure	6 094 000	3 624 000	1 849 000	3 718 000
Operating Profit	91 000	−204 000	640 000	523 000
Financial Income	2 000	0	0	0
Financial Costs	38 000	3 000	0	16 000
Financial Balance	−36 000	−3 000	0	−16 000
Earnings Before Tax	55 000	−207 000	640 000	508 000
Tax	0	0	0	0
Net Income	55 000	−207 000	640 000	508 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	16 000	0	0
Total Current Assets	1 700 000	1 900 000	1 596 000	812 000
Total Assets	1 728 000	1 916 000	1 596 000	812 000
Total Retained Equity	401 000	346 000	553 000	−87 000
Total Equity	416 000	361 000	568 000	−72 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 312 000	1 555 000	1 028 000	884 000
Total Equity and Debt	1 728 000	1 916 000	1 596 000	812 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 070 000	379 000	78 000	2 029 000
Other Income	3 115 000	3 041 000	2 411 000	2 213 000
Revenue	6 186 000	3 419 000	2 489 000	4 242 000
Cost of Goods Sold	337 000	73 000	84 000	225 000
Salary Costs	1 730 000	1 294 000	919 000	746 000
Depreciation	12 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	6 094 000	3 624 000	1 849 000	3 718 000
Operating Profit	91 000	−204 000	640 000	523 000
Financial Income	2 000	0	0	0
Financial Costs	38 000	3 000	0	16 000
Financial Balance	−36 000	−3 000	0	−16 000
Dividends	0	0	0	0
Net Income	55 000	−207 000	640 000	508 000

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	28 000	16 000	0	0
Total Tangible Assets	28 000	16 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	16 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	502 000	1 203 000	901 000	202 000
Total Current Assets	1 700 000	1 900 000	1 596 000	812 000
Total Assets	1 728 000	1 916 000	1 596 000	812 000
Total Equity	416 000	361 000	568 000	−72 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	56 000	140 000	130 000	15 000
Unpaid Taxes	195 000	57 000	65 000	132 000
Dividends	0	0	0	0
Other Current Debt	1 061 000	1 359 000	832 000	737 000
Total Current Debt	1 312 000	1 555 000	1 028 000	884 000
Total Equity and Debt	1 728 000	1 916 000	1 596 000	812 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,22 %	−57,34 %	112,68 %	−705,56 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	1,47 %	−5,97 %	25,71 %	12,33 %
Current Ratio	1,3	1,22	1,55	0,92
Quick Ratio	1,3	1,22	1,55	0,92
Equity Ratio	0,24	0,19	0,36	−0,09
Gross Profit Margin	94,55 %	97,86 %	96,63 %	94,7 %