JOY MUSIC AS

1166 OSLO

Finances

Share Ownership

Return on Equity

−153,89 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 733 000	3 821 000	2 573 000	3 098 000
Net Income	−1 325 000	429 000	979 000	433 000
Total Assets	2 250 000	3 592 000	2 584 000	1 497 000
Total Equity	861 000	2 185 000	1 756 000	777 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 733 000	3 821 000	2 573 000	3 098 000
Expenditure	4 073 000	3 272 000	1 315 000	2 543 000
Operating Profit	−1 341 000	549 000	1 259 000	556 000
Financial Income	2 000	2 000	0	0
Financial Costs	1 000	1 000	4 000	1 000
Financial Balance	1 000	1 000	−4 000	−1 000
Earnings Before Tax	−1 340 000	550 000	1 255 000	556 000
Tax	−15 000	121 000	276 000	122 000
Net Income	−1 325 000	429 000	979 000	433 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	307 000	211 000	263 000	316 000
Total Current Assets	1 943 000	3 382 000	2 320 000	1 181 000
Total Assets	2 250 000	3 592 000	2 584 000	1 497 000
Total Retained Equity	831 000	2 155 000	1 726 000	747 000
Total Equity	861 000	2 185 000	1 756 000	777 000
Total Long-Term Debt	0	15 000	19 000	21 000
Total Current Debt	1 389 000	1 392 000	809 000	698 000
Total Equity and Debt	2 250 000	3 592 000	2 584 000	1 497 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 605 000	2 566 000	763 000	3 051 000
Other Income	128 000	1 255 000	1 810 000	48 000
Revenue	2 733 000	3 821 000	2 573 000	3 098 000
Cost of Goods Sold	1 093 000	1 798 000	471 000	1 246 000
Salary Costs	675 000	−1 000	296 000	253 000
Depreciation	47 000	53 000	53 000	49 000
Impairment	0	0	0	0
Expenditure	4 073 000	3 272 000	1 315 000	2 543 000
Operating Profit	−1 341 000	549 000	1 259 000	556 000
Financial Income	2 000	2 000	0	0
Financial Costs	1 000	1 000	4 000	1 000
Financial Balance	1 000	1 000	−4 000	−1 000
Dividends	0	0	0	0
Net Income	−1 325 000	429 000	979 000	433 000

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	307 000	211 000	263 000	316 000
Total Tangible Assets	307 000	211 000	263 000	316 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	307 000	211 000	263 000	316 000
Stock	81 000	73 000	43 000	43 000
Total Investments	0	0	0	0
Cash, Bank	1 454 000	1 768 000	569 000	261 000
Total Current Assets	1 943 000	3 382 000	2 320 000	1 181 000
Total Assets	2 250 000	3 592 000	2 584 000	1 497 000
Total Equity	861 000	2 185 000	1 756 000	777 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	15 000	19 000	21 000
Creditors	994 000	156 000	59 000	349 000
Unpaid Taxes	130 000	10 000	91 000	44 000
Dividends	0	0	0	0
Other Current Debt	266 000	1 101 000	329 000	186 000
Total Current Debt	1 389 000	1 392 000	809 000	698 000
Total Equity and Debt	2 250 000	3 592 000	2 584 000	1 497 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−153,89 %	19,63 %	55,75 %	55,73 %
Debt-to-Equity Ratio	0	0,01	0,01	0,03
Operating Profit Margin	−49,07 %	14,37 %	48,93 %	17,95 %
Current Ratio	1,4	2,43	2,87	1,69
Quick Ratio	1,49	2,56	3,03	1,8
Equity Ratio	0,38	0,61	0,68	0,52
Gross Profit Margin	60,01 %	52,94 %	81,69 %	59,78 %