HORNAAS MUSIKK AS

0182 OSLO

Finances

Share Ownership

Return on Equity

0,63 %

Current Ratio

4,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 906 000	9 847 000	10 125 000	11 455 000
Net Income	24 000	−7 000	360 000	343 000
Total Assets	5 066 000	5 223 000	4 991 000	4 996 000
Total Equity	3 832 000	3 807 000	3 815 000	3 455 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 906 000	9 847 000	10 125 000	11 455 000
Expenditure	11 875 000	9 857 000	9 663 000	11 016 000
Operating Profit	31 000	−10 000	462 000	439 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	1 000	0	1 000	0
Financial Balance	0	0	0	2 000
Earnings Before Tax	31 000	−10 000	463 000	441 000
Tax	7 000	−2 000	102 000	97 000
Net Income	24 000	−7 000	360 000	343 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	50 000	48 000	30 000
Total Current Assets	5 015 000	5 173 000	4 943 000	4 966 000
Total Assets	5 066 000	5 223 000	4 991 000	4 996 000
Total Retained Equity	2 832 000	2 807 000	2 815 000	2 455 000
Total Equity	3 832 000	3 807 000	3 815 000	3 455 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 234 000	1 416 000	1 176 000	1 541 000
Total Equity and Debt	5 066 000	5 223 000	4 991 000	4 996 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 889 000	9 693 000	10 062 000	11 430 000
Other Income	18 000	154 000	63 000	24 000
Revenue	11 906 000	9 847 000	10 125 000	11 455 000
Cost of Goods Sold	6 634 000	5 292 000	5 363 000	6 188 000
Salary Costs	3 836 000	3 209 000	2 961 000	3 465 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 875 000	9 857 000	9 663 000	11 016 000
Operating Profit	31 000	−10 000	462 000	439 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	1 000	0	1 000	0
Financial Balance	0	0	0	2 000
Dividends	0	0	0	0
Net Income	24 000	−7 000	360 000	343 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	51 000	50 000	48 000	30 000
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	0	0
Total Fixed Assets	51 000	50 000	48 000	30 000
Stock	3 831 000	3 778 000	3 557 000	3 370 000
Total Investments	0	0	0	0
Cash, Bank	545 000	1 089 000	722 000	960 000
Total Current Assets	5 015 000	5 173 000	4 943 000	4 966 000
Total Assets	5 066 000	5 223 000	4 991 000	4 996 000
Total Equity	3 832 000	3 807 000	3 815 000	3 455 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	34 000	308 000	127 000	293 000
Unpaid Taxes	753 000	728 000	562 000	716 000
Dividends	0	0	0	0
Other Current Debt	439 000	380 000	367 000	432 000
Total Current Debt	1 234 000	1 416 000	1 176 000	1 541 000
Total Equity and Debt	5 066 000	5 223 000	4 991 000	4 996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,63 %	−0,18 %	9,44 %	9,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,26 %	−0,1 %	4,56 %	3,83 %
Current Ratio	4,06	3,65	4,2	3,22
Quick Ratio	−1,93	−2,19	−2,08	−2,72
Equity Ratio	0,76	0,73	0,76	0,69
Gross Profit Margin	44,28 %	46,26 %	47,03 %	45,98 %