EUROMUSIC AS

1352 KOLSÅS

Finances

Share Ownership

Return on Equity

−29,29 %

Current Ratio

7,36

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 322 000	4 644 000	433 000	3 781 000
Net Income	−205 000	2 581 000	−243 000	−32 000
Total Assets	1 428 000	2 338 000	426 000	534 000
Total Equity	700 000	1 505 000	−76 000	167 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 322 000	4 644 000	433 000	3 781 000
Expenditure	2 581 000	1 354 000	720 000	3 819 000
Operating Profit	−260 000	3 289 000	−287 000	−38 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−260 000	3 289 000	−286 000	−38 000
Tax	−54 000	708 000	−44 000	−6 000
Net Income	−205 000	2 581 000	−243 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	348 000	361 000
Total Current Assets	1 428 000	2 338 000	79 000	173 000
Total Assets	1 428 000	2 338 000	426 000	534 000
Total Retained Equity	600 000	1 405 000	−176 000	67 000
Total Equity	700 000	1 505 000	−76 000	167 000
Total Long-Term Debt	534 000	668 000	0	3 000
Total Current Debt	194 000	165 000	502 000	364 000
Total Equity and Debt	1 428 000	2 338 000	426 000	534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 321 000	885 000	300 000	3 778 000
Other Income	1 000	3 759 000	133 000	3 000
Revenue	2 322 000	4 644 000	433 000	3 781 000
Cost of Goods Sold	1 886 000	681 000	262 000	2 985 000
Salary Costs	452 000	400 000	167 000	478 000
Depreciation	0	2 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	2 581 000	1 354 000	720 000	3 819 000
Operating Profit	−260 000	3 289 000	−287 000	−38 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	600 000	1 000 000	0	0
Net Income	−205 000	2 581 000	−243 000	−32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	348 000	361 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	348 000	361 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	348 000	361 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 344 000	2 290 000	20 000	56 000
Total Current Assets	1 428 000	2 338 000	79 000	173 000
Total Assets	1 428 000	2 338 000	426 000	534 000
Total Equity	700 000	1 505 000	−76 000	167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	534 000	668 000	0	3 000
Creditors	25 000	42 000	20 000	39 000
Unpaid Taxes	43 000	40 000	22 000	50 000
Dividends	600 000	1 000 000	0	0
Other Current Debt	47 000	43 000	461 000	275 000
Total Current Debt	194 000	165 000	502 000	364 000
Total Equity and Debt	1 428 000	2 338 000	426 000	534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,29 %	171,5 %	319,74 %	−19,16 %
Debt-to-Equity Ratio	0,76	0,44	−0	0,02
Operating Profit Margin	−11,2 %	70,82 %	−66,28 %	−1,01 %
Current Ratio	7,36	14,17	0,16	0,48
Quick Ratio	7,36	14,17	0,16	0,48
Equity Ratio	0,49	0,64	−0,18	0,31
Gross Profit Margin	18,78 %	85,34 %	39,49 %	21,05 %