HÅLOGALAND FESTIVALSERVICE AS

9403 HARSTAD

Finances

Share Ownership

Return on Equity

37,73 %

Current Ratio

2,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	453 000	133 000	19 000	343 000
Net Income	83 000	56 000	−37 000	7 000
Total Assets	391 000	617 000	511 000	575 000
Total Equity	220 000	137 000	81 000	118 000

Income (NOK)	2022	2021	2020	2019
Revenue	453 000	133 000	19 000	343 000
Expenditure	349 000	64 000	69 000	338 000
Operating Profit	105 000	69 000	−51 000	5 000
Financial Income	2 000	3 000	4 000	4 000
Financial Costs	0	0	0	0
Financial Balance	2 000	3 000	4 000	4 000
Earnings Before Tax	107 000	72 000	−47 000	9 000
Tax	23 000	16 000	−10 000	2 000
Net Income	83 000	56 000	−37 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	28 000	53 000	92 000
Total Current Assets	371 000	589 000	459 000	483 000
Total Assets	391 000	617 000	511 000	575 000
Total Retained Equity	100 000	17 000	−39 000	−2 000
Total Equity	220 000	137 000	81 000	118 000
Total Long-Term Debt	0	407 000	407 000	407 000
Total Current Debt	170 000	73 000	24 000	51 000
Total Equity and Debt	391 000	617 000	511 000	575 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	453 000	133 000	19 000	343 000
Other Income	0	0	0	0
Revenue	453 000	133 000	19 000	343 000
Cost of Goods Sold	130 000	0	0	165 000
Salary Costs	122 000	3 000	1 000	3 000
Depreciation	6 000	24 000	42 000	47 000
Impairment	0	0	0	0
Expenditure	349 000	64 000	69 000	338 000
Operating Profit	105 000	69 000	−51 000	5 000
Financial Income	2 000	3 000	4 000	4 000
Financial Costs	0	0	0	0
Financial Balance	2 000	3 000	4 000	4 000
Dividends	0	0	0	0
Net Income	83 000	56 000	−37 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	22 000	23 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	6 000	29 000	72 000
Total Tangible Assets	0	6 000	29 000	72 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	28 000	53 000	92 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	316 000	576 000	439 000	470 000
Total Current Assets	371 000	589 000	459 000	483 000
Total Assets	391 000	617 000	511 000	575 000
Total Equity	220 000	137 000	81 000	118 000
Short-Term Group Debt	1 000	0	0	0
Total Long-Term Debt	0	407 000	407 000	407 000
Creditors	2 000	6 000	0	0
Unpaid Taxes	115 000	29 000	1 000	24 000
Dividends	0	0	0	0
Other Current Debt	31 000	23 000	23 000	23 000
Total Current Debt	170 000	73 000	24 000	51 000
Total Equity and Debt	391 000	617 000	511 000	575 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,73 %	40,88 %	−45,68 %	5,93 %
Debt-to-Equity Ratio	0	2,97	5,02	3,45
Operating Profit Margin	23,18 %	51,88 %	−268,42 %	1,46 %
Current Ratio	2,18	8,07	19,13	9,47
Quick Ratio	2,18	8,07	19,13	9,47
Equity Ratio	0,56	0,22	0,16	0,21
Gross Profit Margin	71,3 %	100 %	100 %	51,9 %