STIFTELSEN ULTIMA OSLO CONTEMPORARY MUSIC FESTIVAL

0157 OSLO

Finances

Share Ownership

Return on Equity

−73,9 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 698 000	12 931 000	12 160 000	12 105 000
Net Income	−736 000	−283 000	1 029 000	88 000
Total Assets	4 137 000	4 765 000	4 945 000	3 154 000
Total Equity	996 000	1 732 000	2 015 000	986 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 698 000	12 931 000	12 160 000	12 105 000
Expenditure	16 467 000	13 222 000	11 184 000	12 061 000
Operating Profit	−768 000	−291 000	977 000	44 000
Financial Income	35 000	8 000	52 000	44 000
Financial Costs	3 000	0	0	0
Financial Balance	32 000	8 000	52 000	44 000
Earnings Before Tax	−736 000	−283 000	1 029 000	88 000
Tax	0	0	0	0
Net Income	−736 000	−283 000	1 029 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	7 000	20 000	39 000
Total Current Assets	4 095 000	4 758 000	4 926 000	3 115 000
Total Assets	4 137 000	4 765 000	4 945 000	3 154 000
Total Retained Equity	896 000	1 632 000	1 915 000	886 000
Total Equity	996 000	1 732 000	2 015 000	986 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 140 000	3 033 000	2 930 000	2 168 000
Total Equity and Debt	4 137 000	4 765 000	4 945 000	3 154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	973 000	334 000	267 000	637 000
Other Income	14 725 000	12 597 000	11 893 000	11 468 000
Revenue	15 698 000	12 931 000	12 160 000	12 105 000
Cost of Goods Sold	5 371 000	3 809 000	3 399 000	3 335 000
Salary Costs	6 326 000	5 159 000	4 860 000	4 794 000
Depreciation	27 000	19 000	20 000	22 000
Impairment	0	0	0	0
Expenditure	16 467 000	13 222 000	11 184 000	12 061 000
Operating Profit	−768 000	−291 000	977 000	44 000
Financial Income	35 000	8 000	52 000	44 000
Financial Costs	3 000	0	0	0
Financial Balance	32 000	8 000	52 000	44 000
Dividends	0	0	0	0
Net Income	−736 000	−283 000	1 029 000	88 000

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	42 000	7 000	20 000	39 000
Total Tangible Assets	42 000	7 000	20 000	39 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 000	7 000	20 000	39 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 723 000	3 886 000	3 648 000	2 094 000
Total Current Assets	4 095 000	4 758 000	4 926 000	3 115 000
Total Assets	4 137 000	4 765 000	4 945 000	3 154 000
Total Equity	996 000	1 732 000	2 015 000	986 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	131 000	39 000	29 000	124 000
Unpaid Taxes	455 000	389 000	369 000	375 000
Dividends	0	0	0	0
Other Current Debt	2 555 000	2 606 000	2 533 000	1 669 000
Total Current Debt	3 140 000	3 033 000	2 930 000	2 168 000
Total Equity and Debt	4 137 000	4 765 000	4 945 000	3 154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−73,9 %	−16,34 %	51,07 %	8,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,89 %	−2,25 %	8,03 %	0,36 %
Current Ratio	1,3	1,57	1,68	1,44
Quick Ratio	1,3	1,57	1,68	1,44
Equity Ratio	0,24	0,36	0,41	0,31
Gross Profit Margin	65,79 %	70,54 %	72,05 %	72,45 %