GRIEG INTERNASJONALE KORFESTIVAL

5010 BERGEN

Finances

Share Ownership

Return on Equity

−621,43 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	613 000	205 000	208 000	204 000
Net Income	−261 000	72 000	44 000	56 000
Total Assets	42 000	310 000	231 000	187 000
Total Equity	42 000	303 000	231 000	187 000

Income (NOK)	2022	2021	2020	2019
Revenue	613 000	205 000	208 000	204 000
Expenditure	874 000	134 000	163 000	148 000
Operating Profit	−261 000	72 000	45 000	56 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	−261 000	72 000	44 000	56 000
Tax	0	0	0	0
Net Income	−261 000	72 000	44 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	16 000	31 000	47 000
Total Current Assets	42 000	294 000	200 000	141 000
Total Assets	42 000	310 000	231 000	187 000
Total Retained Equity	−58 000	203 000	131 000	87 000
Total Equity	42 000	303 000	231 000	187 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	0	6 000	0	0
Total Equity and Debt	42 000	310 000	231 000	187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	240 000	0	3 000	0
Other Income	373 000	205 000	205 000	204 000
Revenue	613 000	205 000	208 000	204 000
Cost of Goods Sold	4 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	16 000	16 000	16 000	0
Impairment	0	0	0	0
Expenditure	874 000	134 000	163 000	148 000
Operating Profit	−261 000	72 000	45 000	56 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	−261 000	72 000	44 000	56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	16 000	31 000	47 000
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	0	0	0	0
Total Fixed Assets	0	16 000	31 000	47 000
Stock	0	4 000	4 000	4 000
Total Investments	0	0	0	0
Cash, Bank	42 000	290 000	194 000	133 000
Total Current Assets	42 000	294 000	200 000	141 000
Total Assets	42 000	310 000	231 000	187 000
Total Equity	42 000	303 000	231 000	187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	6 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 000	0	0
Total Current Debt	0	6 000	0	0
Total Equity and Debt	42 000	310 000	231 000	187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−621,43 %	23,76 %	19,05 %	29,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−42,58 %	35,12 %	21,63 %	27,45 %
Current Ratio	-	49	-	-
Quick Ratio	-	147	−50	−35,25
Equity Ratio	1	0,98	1	1
Gross Profit Margin	99,35 %	100 %	100 %	100 %