NORSK FJELLFESTIVAL

6300 ÅNDALSNES

Finances

Return on Equity

−56,8 %

Current Ratio

2,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 961 000	2 970 000	2 795 000	3 499 000
Net Income	−359 000	176 000	534 000	40 000
Total Assets	1 249 000	1 504 000	1 464 000	844 000
Total Equity	632 000	992 000	816 000	282 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 961 000	2 970 000	2 795 000	3 499 000
Expenditure	3 320 000	2 795 000	2 262 000	3 459 000
Operating Profit	−359 000	176 000	533 000	40 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−359 000	176 000	534 000	40 000
Tax	0	0	0	0
Net Income	−359 000	176 000	534 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 249 000	1 503 000	1 464 000	844 000
Total Assets	1 249 000	1 504 000	1 464 000	844 000
Total Retained Equity	532 000	892 000	816 000	282 000
Total Equity	632 000	992 000	816 000	282 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	617 000	512 000	649 000	562 000
Total Equity and Debt	1 249 000	1 504 000	1 464 000	844 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 901 000	2 928 000	1 827 000	2 596 000
Other Income	60 000	42 000	968 000	903 000
Revenue	2 961 000	2 970 000	2 795 000	3 499 000
Cost of Goods Sold	888 000	636 000	702 000	1 327 000
Salary Costs	1 214 000	1 137 000	774 000	873 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 320 000	2 795 000	2 262 000	3 459 000
Operating Profit	−359 000	176 000	533 000	40 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−359 000	176 000	534 000	40 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	185 000	202 000	20 000	20 000
Total Investments	0	0	10 000	10 000
Cash, Bank	915 000	1 276 000	1 423 000	790 000
Total Current Assets	1 249 000	1 503 000	1 464 000	844 000
Total Assets	1 249 000	1 504 000	1 464 000	844 000
Total Equity	632 000	992 000	816 000	282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	45 000	40 000	2 000	8 000
Unpaid Taxes	175 000	62 000	50 000	44 000
Dividends	0	0	0	0
Other Current Debt	397 000	410 000	597 000	510 000
Total Current Debt	617 000	512 000	649 000	562 000
Total Equity and Debt	1 249 000	1 504 000	1 464 000	844 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−56,8 %	17,74 %	65,44 %	14,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−12,12 %	5,93 %	19,07 %	1,14 %
Current Ratio	2,02	2,94	2,26	1,5
Quick Ratio	2,89	4,85	2,33	1,56
Equity Ratio	0,51	0,66	0,56	0,33
Gross Profit Margin	70,01 %	78,59 %	74,88 %	62,07 %