NEED MUSIC PRODUCTION AS

0356 OSLO

Finances

Share Ownership

Return on Equity

21,76 %

Current Ratio

16,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 128 000	1 521 000	211 000	114 000
Net Income	99 000	50 000	−6 000	−132 000
Total Assets	484 000	445 000	341 000	312 000
Total Equity	455 000	356 000	306 000	312 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 128 000	1 521 000	211 000	114 000
Expenditure	1 001 000	1 460 000	216 000	283 000
Operating Profit	127 000	62 000	−6 000	−169 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	127 000	62 000	−6 000	−169 000
Tax	28 000	12 000	0	−37 000
Net Income	99 000	50 000	−6 000	−132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	169 000	0
Total Current Assets	484 000	445 000	172 000	312 000
Total Assets	484 000	445 000	341 000	312 000
Total Retained Equity	−187 000	−286 000	−335 000	−329 000
Total Equity	455 000	356 000	306 000	312 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 000	89 000	35 000	0
Total Equity and Debt	484 000	445 000	341 000	312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 128 000	1 521 000	211 000	69 000
Other Income	0	0	0	45 000
Revenue	1 128 000	1 521 000	211 000	114 000
Cost of Goods Sold	874 000	1 353 000	181 000	224 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 001 000	1 460 000	216 000	283 000
Operating Profit	127 000	62 000	−6 000	−169 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	99 000	50 000	−6 000	−132 000

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	0	0	169 000	0
Total Fixed Assets	0	0	169 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	474 000	435 000	145 000	143 000
Total Current Assets	484 000	445 000	172 000	312 000
Total Assets	484 000	445 000	341 000	312 000
Total Equity	455 000	356 000	306 000	312 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	69 000	35 000	0
Unpaid Taxes	0	8 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	30 000	89 000	35 000	0
Total Equity and Debt	484 000	445 000	341 000	312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,76 %	14,04 %	−1,96 %	−42,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,26 %	4,08 %	−2,84 %	−148,25 %
Current Ratio	16,13	5	4,91	-
Quick Ratio	16,13	5	4,91	-
Equity Ratio	0,94	0,8	0,9	1
Gross Profit Margin	22,52 %	11,05 %	14,22 %	−96,49 %