MUSIKK-MILJØ A/S

5015 BERGEN

Finances

Share Ownership

Return on Equity

11,79 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 957 000	30 788 000	30 916 000	33 408 000
Net Income	756 000	−110 000	1 089 000	115 000
Total Assets	18 152 000	14 384 000	14 309 000	14 681 000
Total Equity	6 414 000	5 658 000	6 368 000	5 279 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 957 000	30 788 000	30 916 000	33 408 000
Expenditure	32 745 000	29 879 000	29 169 000	32 675 000
Operating Profit	1 212 000	910 000	1 746 000	734 000
Financial Income	118 000	149 000	190 000	36 000
Financial Costs	308 000	262 000	536 000	616 000
Financial Balance	−190 000	−113 000	−346 000	−580 000
Earnings Before Tax	1 022 000	797 000	1 400 000	153 000
Tax	266 000	907 000	311 000	38 000
Net Income	756 000	−110 000	1 089 000	115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 121 000	1 555 000	2 400 000	2 599 000
Total Current Assets	17 030 000	12 829 000	11 908 000	12 082 000
Total Assets	18 152 000	14 384 000	14 309 000	14 681 000
Total Retained Equity	5 214 000	4 458 000	5 168 000	4 079 000
Total Equity	6 414 000	5 658 000	6 368 000	5 279 000
Total Long-Term Debt	1 048 000	1 649 000	1 424 000	2 022 000
Total Current Debt	10 690 000	7 077 000	6 517 000	7 380 000
Total Equity and Debt	18 152 000	14 384 000	14 309 000	14 681 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 949 000	30 673 000	30 916 000	33 408 000
Other Income	8 000	115 000	0	0
Revenue	33 957 000	30 788 000	30 916 000	33 408 000
Cost of Goods Sold	22 031 000	20 047 000	20 403 000	22 469 000
Salary Costs	6 218 000	5 793 000	5 092 000	5 519 000
Depreciation	433 000	359 000	354 000	398 000
Impairment	0	0	0	0
Expenditure	32 745 000	29 879 000	29 169 000	32 675 000
Operating Profit	1 212 000	910 000	1 746 000	734 000
Financial Income	118 000	149 000	190 000	36 000
Financial Costs	308 000	262 000	536 000	616 000
Financial Balance	−190 000	−113 000	−346 000	−580 000
Dividends	0	600 000	0	0
Net Income	756 000	−110 000	1 089 000	115 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	162 000	305 000	691 000	671 000
Real Eastate	878 000	1 132 000	1 386 000	1 640 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	81 000	118 000	324 000	288 000
Total Tangible Assets	959 000	1 249 000	1 709 000	1 928 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 121 000	1 555 000	2 400 000	2 599 000
Stock	9 223 000	7 875 000	8 968 000	8 243 000
Total Investments	0	0	0	0
Cash, Bank	3 017 000	2 036 000	244 000	759 000
Total Current Assets	17 030 000	12 829 000	11 908 000	12 082 000
Total Assets	18 152 000	14 384 000	14 309 000	14 681 000
Total Equity	6 414 000	5 658 000	6 368 000	5 279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 048 000	1 649 000	1 424 000	2 022 000
Creditors	5 040 000	2 272 000	2 645 000	3 678 000
Unpaid Taxes	2 334 000	2 000 000	1 730 000	1 993 000
Dividends	0	600 000	0	0
Other Current Debt	3 049 000	2 588 000	1 468 000	1 538 000
Total Current Debt	10 690 000	7 077 000	6 517 000	7 380 000
Total Equity and Debt	18 152 000	14 384 000	14 309 000	14 681 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,79 %	−1,94 %	17,1 %	2,18 %
Debt-to-Equity Ratio	0,16	0,29	0,22	0,38
Operating Profit Margin	3,57 %	2,96 %	5,65 %	2,2 %
Current Ratio	1,59	1,81	1,83	1,64
Quick Ratio	11,61	−16,08	−4,86	−14
Equity Ratio	0,35	0,39	0,45	0,36
Gross Profit Margin	35,12 %	34,89 %	34,01 %	32,74 %