MOLVAER MUSIC AS

0468 OSLO

Finances

Share Ownership

Return on Equity

−2,8 %

Current Ratio

1,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 099 000	3 037 000	2 545 000	2 914 000
Net Income	−15 000	1 000	532 000	23 000
Total Assets	958 000	904 000	1 193 000	513 000
Total Equity	536 000	551 000	549 000	17 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 099 000	3 037 000	2 545 000	2 914 000
Expenditure	3 110 000	3 024 000	1 876 000	2 888 000
Operating Profit	−12 000	13 000	670 000	25 000
Financial Income	8 000	3 000	9 000	3 000
Financial Costs	10 000	12 000	8 000	5 000
Financial Balance	−2 000	−9 000	1 000	−2 000
Earnings Before Tax	−14 000	5 000	671 000	23 000
Tax	1 000	4 000	139 000	0
Net Income	−15 000	1 000	532 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	190 000	88 000	95 000	47 000
Total Current Assets	768 000	816 000	1 098 000	466 000
Total Assets	958 000	904 000	1 193 000	513 000
Total Retained Equity	436 000	451 000	449 000	−83 000
Total Equity	536 000	551 000	549 000	17 000
Total Long-Term Debt	2 000	2 000	161 000	300 000
Total Current Debt	420 000	351 000	482 000	196 000
Total Equity and Debt	958 000	904 000	1 193 000	513 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 558 000	2 455 000	2 045 000	2 485 000
Other Income	541 000	582 000	501 000	429 000
Revenue	3 099 000	3 037 000	2 545 000	2 914 000
Cost of Goods Sold	798 000	1 150 000	683 000	510 000
Salary Costs	1 024 000	484 000	267 000	789 000
Depreciation	35 000	18 000	11 000	0
Impairment	0	0	0	0
Expenditure	3 110 000	3 024 000	1 876 000	2 888 000
Operating Profit	−12 000	13 000	670 000	25 000
Financial Income	8 000	3 000	9 000	3 000
Financial Costs	10 000	12 000	8 000	5 000
Financial Balance	−2 000	−9 000	1 000	−2 000
Dividends	0	0	0	0
Net Income	−15 000	1 000	532 000	23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	105 000	50 000	37 000	29 000
Total Tangible Assets	105 000	50 000	37 000	29 000
Total Fiancial Fixed Assets	68 000	38 000	58 000	18 000
Total Fixed Assets	190 000	88 000	95 000	47 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	442 000	375 000	858 000	178 000
Total Current Assets	768 000	816 000	1 098 000	466 000
Total Assets	958 000	904 000	1 193 000	513 000
Total Equity	536 000	551 000	549 000	17 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	2 000	161 000	300 000
Creditors	76 000	74 000	66 000	21 000
Unpaid Taxes	69 000	90 000	43 000	69 000
Dividends	0	0	0	0
Other Current Debt	274 000	184 000	236 000	106 000
Total Current Debt	420 000	351 000	482 000	196 000
Total Equity and Debt	958 000	904 000	1 193 000	513 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,8 %	0,18 %	96,9 %	135,29 %
Debt-to-Equity Ratio	0	0	0,29	17,65
Operating Profit Margin	−0,39 %	0,43 %	26,33 %	0,86 %
Current Ratio	1,83	2,32	2,28	2,38
Quick Ratio	1,83	2,32	2,28	2,38
Equity Ratio	0,56	0,61	0,46	0,03
Gross Profit Margin	74,25 %	62,13 %	73,16 %	82,5 %