SMELTEDIGELEN MUSIKKFESTIVAL AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

−14,19 %

Current Ratio

3,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 283 000	3 424 000	1 918 000	2 918 000
Net Income	−219 000	105 000	192 000	−50 000
Total Assets	2 056 000	2 015 000	2 012 000	1 658 000
Total Equity	1 543 000	1 762 000	1 663 000	1 471 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 283 000	3 424 000	1 918 000	2 918 000
Expenditure	4 507 000	3 320 000	1 728 000	2 974 000
Operating Profit	−223 000	104 000	190 000	−55 000
Financial Income	4 000	1 000	3 000	6 000
Financial Costs	0	0	1 000	0
Financial Balance	4 000	1 000	2 000	6 000
Earnings Before Tax	−219 000	105 000	192 000	−50 000
Tax	0	0	0	0
Net Income	−219 000	105 000	192 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	0	0	0
Total Current Assets	1 992 000	2 015 000	2 012 000	1 658 000
Total Assets	2 056 000	2 015 000	2 012 000	1 658 000
Total Retained Equity	1 439 000	1 658 000	1 559 000	1 367 000
Total Equity	1 543 000	1 762 000	1 663 000	1 471 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	513 000	253 000	349 000	187 000
Total Equity and Debt	2 056 000	2 015 000	2 012 000	1 658 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	789 000	354 000	239 000	738 000
Other Income	3 494 000	3 069 000	1 679 000	2 180 000
Revenue	4 283 000	3 424 000	1 918 000	2 918 000
Cost of Goods Sold	101 000	61 000	60 000	82 000
Salary Costs	798 000	656 000	509 000	354 000
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 507 000	3 320 000	1 728 000	2 974 000
Operating Profit	−223 000	104 000	190 000	−55 000
Financial Income	4 000	1 000	3 000	6 000
Financial Costs	0	0	1 000	0
Financial Balance	4 000	1 000	2 000	6 000
Dividends	0	0	0	0
Net Income	−219 000	105 000	192 000	−50 000

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	64 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	64 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	64 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 339 000	1 961 000	1 828 000	1 516 000
Total Current Assets	1 992 000	2 015 000	2 012 000	1 658 000
Total Assets	2 056 000	2 015 000	2 012 000	1 658 000
Total Equity	1 543 000	1 762 000	1 663 000	1 471 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	376 000	53 000	12 000	129 000
Unpaid Taxes	36 000	36 000	33 000	22 000
Dividends	0	0	0	0
Other Current Debt	101 000	164 000	304 000	36 000
Total Current Debt	513 000	253 000	349 000	187 000
Total Equity and Debt	2 056 000	2 015 000	2 012 000	1 658 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,19 %	5,96 %	11,55 %	−3,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,21 %	3,04 %	9,91 %	−1,88 %
Current Ratio	3,88	7,96	5,77	8,87
Quick Ratio	3,88	7,96	5,77	8,87
Equity Ratio	0,75	0,87	0,83	0,89
Gross Profit Margin	97,64 %	98,22 %	96,87 %	97,19 %