STIFTINGA GLOPPEN MUSIKKFEST

6823 SANDANE

Finances

Share Ownership

Return on Equity

39,58 %

Current Ratio

5,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 754 000	1 656 000	1 325 000	1 246 000
Net Income	264 000	−437 000	77 000	−55 000
Total Assets	801 000	484 000	1 045 000	1 001 000
Total Equity	667 000	409 000	846 000	769 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 754 000	1 656 000	1 325 000	1 246 000
Expenditure	1 491 000	2 093 000	1 250 000	1 302 000
Operating Profit	263 000	−437 000	76 000	−56 000
Financial Income	1 000	0	2 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	2 000	0
Earnings Before Tax	264 000	−437 000	77 000	−55 000
Tax	0	0	0	0
Net Income	264 000	−437 000	77 000	−55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	5 000	5 000	5 000
Total Current Assets	796 000	479 000	1 040 000	996 000
Total Assets	801 000	484 000	1 045 000	1 001 000
Total Retained Equity	567 000	309 000	746 000	669 000
Total Equity	667 000	409 000	846 000	769 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	134 000	75 000	199 000	232 000
Total Equity and Debt	801 000	484 000	1 045 000	1 001 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 754 000	1 656 000	1 325 000	1 246 000
Other Income	0	0	0	0
Revenue	1 754 000	1 656 000	1 325 000	1 246 000
Cost of Goods Sold	838 000	1 336 000	283 000	361 000
Salary Costs	336 000	313 000	673 000	588 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 491 000	2 093 000	1 250 000	1 302 000
Operating Profit	263 000	−437 000	76 000	−56 000
Financial Income	1 000	0	2 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	2 000	0
Dividends	0	0	0	0
Net Income	264 000	−437 000	77 000	−55 000

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	5 000	5 000	5 000	5 000
Total Fixed Assets	5 000	5 000	5 000	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	730 000	415 000	853 000	853 000
Total Current Assets	796 000	479 000	1 040 000	996 000
Total Assets	801 000	484 000	1 045 000	1 001 000
Total Equity	667 000	409 000	846 000	769 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	29 000	20 000	44 000	60 000
Unpaid Taxes	14 000	22 000	3 000	7 000
Dividends	0	0	0	0
Other Current Debt	92 000	34 000	152 000	165 000
Total Current Debt	134 000	75 000	199 000	232 000
Total Equity and Debt	801 000	484 000	1 045 000	1 001 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,58 %	−106,85 %	9,1 %	−7,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,99 %	−26,39 %	5,74 %	−4,49 %
Current Ratio	5,94	6,39	5,23	4,29
Quick Ratio	5,94	6,39	5,23	4,29
Equity Ratio	0,83	0,85	0,81	0,77
Gross Profit Margin	52,22 %	19,32 %	78,64 %	71,03 %