LOFOTEN INTERNASJONALE KAMMERMUSIKKFEST

8310 KABELVÅG

Finances

Share Ownership

Return on Equity

−128,06 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 789 000	2 869 000	3 242 000	3 753 000
Net Income	−931 000	182 000	757 000	75 000
Total Assets	1 093 000	2 117 000	1 840 000	1 712 000
Total Equity	727 000	1 659 000	1 477 000	719 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 789 000	2 869 000	3 242 000	3 753 000
Expenditure	3 711 000	2 678 000	2 467 000	3 677 000
Operating Profit	−921 000	191 000	775 000	75 000
Financial Income	0	0	0	0
Financial Costs	10 000	9 000	18 000	1 000
Financial Balance	−10 000	−9 000	−18 000	−1 000
Earnings Before Tax	−931 000	182 000	757 000	75 000
Tax	0	0	0	0
Net Income	−931 000	182 000	757 000	75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	788 000	875 000	954 000	1 085 000
Total Current Assets	305 000	1 242 000	886 000	627 000
Total Assets	1 093 000	2 117 000	1 840 000	1 712 000
Total Retained Equity	697 000	1 629 000	1 447 000	0
Total Equity	727 000	1 659 000	1 477 000	719 000
Total Long-Term Debt	160 000	240 000	320 000	993 000
Total Current Debt	206 000	219 000	44 000	0
Total Equity and Debt	1 093 000	2 117 000	1 840 000	1 712 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 406 000	654 000	2 430 000	904 000
Other Income	1 383 000	2 215 000	812 000	2 849 000
Revenue	2 789 000	2 869 000	3 242 000	3 753 000
Cost of Goods Sold	1 403 000	837 000	657 000	0
Salary Costs	885 000	881 000	805 000	1 980 000
Depreciation	87 000	84 000	81 000	36 000
Impairment	1 336 000	0	0	0
Expenditure	3 711 000	2 678 000	2 467 000	3 677 000
Operating Profit	−921 000	191 000	775 000	75 000
Financial Income	0	0	0	0
Financial Costs	10 000	9 000	18 000	1 000
Financial Balance	−10 000	−9 000	−18 000	−1 000
Dividends	0	0	0	0
Net Income	−931 000	182 000	757 000	75 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	788 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	875 000	0	0
Fixtures	0	0	929 000	1 010 000
Total Tangible Assets	0	875 000	929 000	1 010 000
Total Fiancial Fixed Assets	0	0	25 000	75 000
Total Fixed Assets	788 000	875 000	954 000	1 085 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	305 000	1 242 000	874 000	577 000
Total Current Assets	305 000	1 242 000	886 000	627 000
Total Assets	1 093 000	2 117 000	1 840 000	1 712 000
Total Equity	727 000	1 659 000	1 477 000	719 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	160 000	240 000	320 000	993 000
Creditors	0	0	26 000	0
Unpaid Taxes	0	74 000	86 000	0
Dividends	0	0	0	0
Other Current Debt	206 000	145 000	−68 000	0
Total Current Debt	206 000	219 000	44 000	0
Total Equity and Debt	1 093 000	2 117 000	1 840 000	1 712 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−128,06 %	10,97 %	51,25 %	10,43 %
Debt-to-Equity Ratio	0,22	0,14	0,22	1,38
Operating Profit Margin	−33,02 %	6,66 %	23,9 %	2 %
Current Ratio	1,48	5,67	20,14	-
Quick Ratio	1,48	5,67	20,14	-
Equity Ratio	0,67	0,78	0,8	0,42
Gross Profit Margin	49,7 %	70,83 %	79,73 %	100 %