MUSIKK OG UNDERHOLDNING AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

13,34 %

Current Ratio

2,97

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 543 000	3 958 000	5 091 000	5 374 000
Net Income	267 000	4 000	987 000	594 000
Total Assets	2 328 000	1 898 000	2 139 000	1 460 000
Total Equity	2 001 000	1 734 000	1 730 000	743 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 543 000	3 958 000	5 091 000	5 374 000
Expenditure	6 179 000	3 952 000	3 826 000	4 612 000
Operating Profit	365 000	6 000	1 265 000	761 000
Financial Income	3 000	3 000	1 000	1 000
Financial Costs	0	3 000	0	0
Financial Balance	3 000	0	1 000	1 000
Earnings Before Tax	367 000	6 000	1 266 000	762 000
Tax	100 000	2 000	278 000	168 000
Net Income	267 000	4 000	987 000	594 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 531 000	949 000	387 000	294 000
Total Current Assets	797 000	949 000	1 752 000	1 166 000
Total Assets	2 328 000	1 898 000	2 139 000	1 460 000
Total Retained Equity	1 971 000	1 704 000	1 700 000	713 000
Total Equity	2 001 000	1 734 000	1 730 000	743 000
Total Long-Term Debt	58 000	0	0	0
Total Current Debt	268 000	164 000	409 000	717 000
Total Equity and Debt	2 328 000	1 898 000	2 139 000	1 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 543 000	3 958 000	5 091 000	5 369 000
Other Income	0	0	0	4 000
Revenue	6 543 000	3 958 000	5 091 000	5 374 000
Cost of Goods Sold	3 379 000	1 983 000	2 251 000	2 500 000
Salary Costs	1 345 000	996 000	528 000	1 101 000
Depreciation	212 000	183 000	90 000	40 000
Impairment	0	0	0	0
Expenditure	6 179 000	3 952 000	3 826 000	4 612 000
Operating Profit	365 000	6 000	1 265 000	761 000
Financial Income	3 000	3 000	1 000	1 000
Financial Costs	0	3 000	0	0
Financial Balance	3 000	0	1 000	1 000
Dividends	0	0	0	500 000
Net Income	267 000	4 000	987 000	594 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	1 000	1 000
Real Eastate	87 000	93 000	99 000	105 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 343 000	853 000	285 000	186 000
Total Tangible Assets	1 430 000	946 000	384 000	291 000
Total Fiancial Fixed Assets	101 000	1 000	1 000	1 000
Total Fixed Assets	1 531 000	949 000	387 000	294 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	514 000	686 000	1 419 000	1 023 000
Total Current Assets	797 000	949 000	1 752 000	1 166 000
Total Assets	2 328 000	1 898 000	2 139 000	1 460 000
Total Equity	2 001 000	1 734 000	1 730 000	743 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	58 000	0	0	0
Creditors	126 000	110 000	110 000	0
Unpaid Taxes	0	−10 000	2 000	−27 000
Dividends	0	0	0	500 000
Other Current Debt	100 000	62 000	15 000	75 000
Total Current Debt	268 000	164 000	409 000	717 000
Total Equity and Debt	2 328 000	1 898 000	2 139 000	1 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,34 %	0,23 %	57,05 %	79,95 %
Debt-to-Equity Ratio	0,03	0	0	0
Operating Profit Margin	5,58 %	0,15 %	24,85 %	14,16 %
Current Ratio	2,97	5,79	4,28	1,63
Quick Ratio	2,97	5,79	4,28	1,63
Equity Ratio	0,86	0,91	0,81	0,51
Gross Profit Margin	48,36 %	49,9 %	55,78 %	53,48 %