STAIRS MUSIC AS

3209 SANDEFJORD

Finances

Share Ownership

Return on Equity

18 %

Current Ratio

3,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 690 000	16 509 000	19 941 000	20 370 000
Net Income	6 314 000	11 098 000	12 256 000	11 924 000
Total Assets	48 790 000	39 545 000	33 705 000	28 060 000
Total Equity	35 076 000	29 262 000	28 164 000	20 908 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 690 000	16 509 000	19 941 000	20 370 000
Expenditure	5 363 000	4 822 000	4 838 000	5 100 000
Operating Profit	10 327 000	11 686 000	15 103 000	15 270 000
Financial Income	−2 000	2 044 000	509 000	41 000
Financial Costs	1 778 000	9 000	15 000	2 000
Financial Balance	−1 780 000	2 035 000	494 000	39 000
Earnings Before Tax	8 547 000	13 722 000	15 597 000	15 309 000
Tax	2 233 000	2 624 000	3 341 000	3 384 000
Net Income	6 314 000	11 098 000	12 256 000	11 924 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	78 000	73 000	123 000	177 000
Total Current Assets	48 712 000	39 472 000	33 581 000	27 884 000
Total Assets	48 790 000	39 545 000	33 705 000	28 060 000
Total Retained Equity	34 842 000	29 028 000	27 929 000	20 673 000
Total Equity	35 076 000	29 262 000	28 164 000	20 908 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	13 714 000	10 282 000	5 541 000	7 152 000
Total Equity and Debt	48 790 000	39 545 000	33 705 000	28 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 690 000	16 509 000	19 941 000	20 370 000
Other Income	0	0	0	0
Revenue	15 690 000	16 509 000	19 941 000	20 370 000
Cost of Goods Sold	120 000	478 000	49 000	43 000
Salary Costs	3 466 000	3 051 000	3 485 000	2 894 000
Depreciation	47 000	59 000	97 000	128 000
Impairment	0	0	0	0
Expenditure	5 363 000	4 822 000	4 838 000	5 100 000
Operating Profit	10 327 000	11 686 000	15 103 000	15 270 000
Financial Income	−2 000	2 044 000	509 000	41 000
Financial Costs	1 778 000	9 000	15 000	2 000
Financial Balance	−1 780 000	2 035 000	494 000	39 000
Dividends	0	0	0	0
Net Income	6 314 000	11 098 000	12 256 000	11 924 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	0	21 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	72 000	73 000	102 000	162 000
Total Tangible Assets	72 000	73 000	102 000	162 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	78 000	73 000	123 000	177 000
Stock	0	0	0	0
Total Investments	25 681 000	26 497 000	3 472 000	0
Cash, Bank	17 882 000	8 558 000	24 979 000	19 729 000
Total Current Assets	48 712 000	39 472 000	33 581 000	27 884 000
Total Assets	48 790 000	39 545 000	33 705 000	28 060 000
Total Equity	35 076 000	29 262 000	28 164 000	20 908 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	121 000	16 000	86 000	71 000
Unpaid Taxes	402 000	263 000	612 000	343 000
Dividends	0	0	0	0
Other Current Debt	10 955 000	2 402 000	1 494 000	3 343 000
Total Current Debt	13 714 000	10 282 000	5 541 000	7 152 000
Total Equity and Debt	48 790 000	39 545 000	33 705 000	28 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18 %	37,93 %	43,52 %	57,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	65,82 %	70,79 %	75,74 %	74,96 %
Current Ratio	3,55	3,84	6,06	3,9
Quick Ratio	3,55	3,84	6,06	3,9
Equity Ratio	0,72	0,74	0,84	0,75
Gross Profit Margin	99,24 %	97,1 %	99,75 %	99,79 %