STIFTELSEN MOLDE INTERNATIONAL JAZZ FESTIVAL

6413 MOLDE

Finances

Return on Equity

−66,47 %

Current Ratio

2,45

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 715 000	25 353 000	21 663 000	34 039 000
Net Income	−2 980 000	1 037 000	1 650 000	677 000
Total Assets	8 501 000	10 379 000	9 462 000	8 433 000
Total Equity	4 483 000	7 463 000	6 426 000	4 776 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 715 000	25 353 000	21 663 000	34 039 000
Expenditure	38 730 000	24 394 000	20 054 000	33 428 000
Operating Profit	−3 015 000	958 000	1 608 000	611 000
Financial Income	52 000	81 000	52 000	79 000
Financial Costs	17 000	2 000	11 000	13 000
Financial Balance	35 000	79 000	41 000	66 000
Earnings Before Tax	−2 980 000	1 037 000	1 650 000	677 000
Tax	0	0	0	0
Net Income	−2 980 000	1 037 000	1 650 000	677 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	625 000	774 000	918 000	900 000
Total Current Assets	7 876 000	9 605 000	8 544 000	7 533 000
Total Assets	8 501 000	10 379 000	9 462 000	8 433 000
Total Retained Equity	4 259 000	7 239 000	6 202 000	4 552 000
Total Equity	4 483 000	7 463 000	6 426 000	4 776 000
Total Long-Term Debt	809 000	809 000	809 000	809 000
Total Current Debt	3 209 000	2 108 000	2 227 000	2 848 000
Total Equity and Debt	8 501 000	10 379 000	9 462 000	8 433 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 365 000	7 359 000	3 903 000	19 633 000
Other Income	16 351 000	17 994 000	17 760 000	14 406 000
Revenue	35 715 000	25 353 000	21 663 000	34 039 000
Cost of Goods Sold	25 870 000	12 818 000	7 549 000	20 608 000
Salary Costs	6 034 000	5 552 000	6 149 000	5 621 000
Depreciation	154 000	209 000	304 000	304 000
Impairment	0	0	0	0
Expenditure	38 730 000	24 394 000	20 054 000	33 428 000
Operating Profit	−3 015 000	958 000	1 608 000	611 000
Financial Income	52 000	81 000	52 000	79 000
Financial Costs	17 000	2 000	11 000	13 000
Financial Balance	35 000	79 000	41 000	66 000
Dividends	0	0	0	0
Net Income	−2 980 000	1 037 000	1 650 000	677 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	103 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	208 000	362 000	547 000	426 000
Total Tangible Assets	208 000	362 000	547 000	426 000
Total Fiancial Fixed Assets	417 000	413 000	372 000	371 000
Total Fixed Assets	625 000	774 000	918 000	900 000
Stock	131 000	144 000	94 000	102 000
Total Investments	0	0	0	0
Cash, Bank	7 464 000	8 774 000	7 802 000	6 437 000
Total Current Assets	7 876 000	9 605 000	8 544 000	7 533 000
Total Assets	8 501 000	10 379 000	9 462 000	8 433 000
Total Equity	4 483 000	7 463 000	6 426 000	4 776 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	809 000	809 000	809 000	809 000
Creditors	979 000	311 000	610 000	644 000
Unpaid Taxes	484 000	519 000	563 000	359 000
Dividends	0	0	0	0
Other Current Debt	1 746 000	1 277 000	1 054 000	1 846 000
Total Current Debt	3 209 000	2 108 000	2 227 000	2 848 000
Total Equity and Debt	8 501 000	10 379 000	9 462 000	8 433 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−66,47 %	13,9 %	25,68 %	14,18 %
Debt-to-Equity Ratio	0,18	0,11	0,13	0,17
Operating Profit Margin	−8,44 %	3,78 %	7,42 %	1,79 %
Current Ratio	2,45	4,56	3,84	2,65
Quick Ratio	2,56	4,89	4,01	2,74
Equity Ratio	0,53	0,72	0,68	0,57
Gross Profit Margin	27,57 %	49,44 %	65,15 %	39,46 %