FESTIVAL AS

4642 SØGNE

Finances

Share Ownership

Return on Equity

−116,67 %

Current Ratio

4,79

Debt-to-Equity Ratio

12,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 637 000	46 426 000	45 520 000	47 866 000
Net Income	−3 227 000	1 506 000	−838 000	−10 740 000
Total Assets	47 399 000	45 149 000	37 960 000	45 827 000
Total Equity	2 766 000	5 961 000	2 407 000	1 232 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 637 000	46 426 000	45 520 000	47 866 000
Expenditure	35 290 000	44 444 000	46 103 000	57 093 000
Operating Profit	−2 653 000	1 982 000	−582 000	−9 227 000
Financial Income	128 000	112 000	360 000	559 000
Financial Costs	711 000	603 000	615 000	2 071 000
Financial Balance	−583 000	−491 000	−255 000	−1 512 000
Earnings Before Tax	−3 236 000	1 492 000	−838 000	−10 740 000
Tax	−9 000	−14 000	0	0
Net Income	−3 227 000	1 506 000	−838 000	−10 740 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	500 000	604 000	794 000	1 056 000
Total Current Assets	46 899 000	44 545 000	37 167 000	44 771 000
Total Assets	47 399 000	45 149 000	37 960 000	45 827 000
Total Retained Equity	−4 608 000	−1 381 000	−2 886 000	−34 561 000
Total Equity	2 766 000	5 961 000	2 407 000	1 232 000
Total Long-Term Debt	34 851 000	27 726 000	30 981 000	31 345 000
Total Current Debt	9 782 000	11 462 000	4 572 000	13 250 000
Total Equity and Debt	47 399 000	45 149 000	37 960 000	45 827 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 637 000	46 426 000	45 520 000	47 866 000
Other Income	0	0	0	0
Revenue	32 637 000	46 426 000	45 520 000	47 866 000
Cost of Goods Sold	21 720 000	29 772 000	31 639 000	36 174 000
Salary Costs	5 879 000	6 385 000	6 253 000	11 529 000
Depreciation	104 000	190 000	262 000	262 000
Impairment	0	0	0	0
Expenditure	35 290 000	44 444 000	46 103 000	57 093 000
Operating Profit	−2 653 000	1 982 000	−582 000	−9 227 000
Financial Income	128 000	112 000	360 000	559 000
Financial Costs	711 000	603 000	615 000	2 071 000
Financial Balance	−583 000	−491 000	−255 000	−1 512 000
Dividends	0	0	0	0
Net Income	−3 227 000	1 506 000	−838 000	−10 740 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	500 000	530 000	614 000	718 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	62 000	127 000	197 000
Fixtures	0	12 000	53 000	141 000
Total Tangible Assets	0	74 000	180 000	338 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	500 000	604 000	794 000	1 056 000
Stock	42 290 000	36 945 000	30 874 000	38 612 000
Total Investments	0	0	0	0
Cash, Bank	191 000	308 000	2 329 000	896 000
Total Current Assets	46 899 000	44 545 000	37 167 000	44 771 000
Total Assets	47 399 000	45 149 000	37 960 000	45 827 000
Total Equity	2 766 000	5 961 000	2 407 000	1 232 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 851 000	27 726 000	30 981 000	31 345 000
Creditors	6 778 000	7 755 000	2 559 000	9 587 000
Unpaid Taxes	1 190 000	1 803 000	1 239 000	1 677 000
Dividends	0	0	0	0
Other Current Debt	1 814 000	1 904 000	775 000	1 986 000
Total Current Debt	9 782 000	11 462 000	4 572 000	13 250 000
Total Equity and Debt	47 399 000	45 149 000	37 960 000	45 827 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−116,67 %	25,26 %	−34,82 %	−871,75 %
Debt-to-Equity Ratio	12,6	4,65	12,87	25,44
Operating Profit Margin	−8,13 %	4,27 %	−1,28 %	−19,28 %
Current Ratio	4,79	3,89	8,13	3,38
Quick Ratio	−1,44	−1,75	−1,41	−1,77
Equity Ratio	0,06	0,13	0,06	0,03
Gross Profit Margin	33,45 %	35,87 %	30,49 %	24,43 %