MUSIKKINVEST AS

1351 RUD

Finances

Share Ownership

Return on Equity

6,98 %

Current Ratio

0,24

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	407 000	471 000	677 000	756 000
Net Income	−70 000	−51 000	−225 000	−289 000
Total Assets	332 000	336 000	409 000	584 000
Total Equity	−1 003 000	−932 000	−881 000	−656 000

Income (NOK)	2022	2021	2020	2019
Revenue	407 000	471 000	677 000	756 000
Expenditure	474 000	512 000	896 000	1 044 000
Operating Profit	−67 000	−42 000	−219 000	−288 000
Financial Income	0	0	0	0
Financial Costs	4 000	9 000	7 000	1 000
Financial Balance	−4 000	−9 000	−7 000	−1 000
Earnings Before Tax	−70 000	−51 000	−225 000	−289 000
Tax	0	0	0	0
Net Income	−70 000	−51 000	−225 000	−289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	15 000	15 000	0
Total Current Assets	317 000	321 000	394 000	584 000
Total Assets	332 000	336 000	409 000	584 000
Total Retained Equity	−1 033 000	−962 000	−911 000	−686 000
Total Equity	−1 003 000	−932 000	−881 000	−656 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 335 000	1 268 000	1 290 000	1 240 000
Total Equity and Debt	332 000	336 000	409 000	584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	407 000	417 000	677 000	756 000
Other Income	0	53 000	0	0
Revenue	407 000	471 000	677 000	756 000
Cost of Goods Sold	274 000	322 000	473 000	572 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	474 000	512 000	896 000	1 044 000
Operating Profit	−67 000	−42 000	−219 000	−288 000
Financial Income	0	0	0	0
Financial Costs	4 000	9 000	7 000	1 000
Financial Balance	−4 000	−9 000	−7 000	−1 000
Dividends	0	0	0	0
Net Income	−70 000	−51 000	−225 000	−289 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	15 000	15 000	15 000	0
Total Fixed Assets	15 000	15 000	15 000	0
Stock	288 000	307 000	305 000	431 000
Total Investments	0	0	0	0
Cash, Bank	23 000	2 000	89 000	87 000
Total Current Assets	317 000	321 000	394 000	584 000
Total Assets	332 000	336 000	409 000	584 000
Total Equity	−1 003 000	−932 000	−881 000	−656 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	72 000	58 000	150 000	171 000
Unpaid Taxes	5 000	0	11 000	1 000
Dividends	0	0	0	0
Other Current Debt	1 209 000	1 160 000	1 074 000	1 024 000
Total Current Debt	1 335 000	1 268 000	1 290 000	1 240 000
Total Equity and Debt	332 000	336 000	409 000	584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,98 %	5,47 %	25,54 %	44,05 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−16,46 %	−8,92 %	−32,35 %	−38,1 %
Current Ratio	0,24	0,25	0,31	0,47
Quick Ratio	0,3	0,33	0,4	0,72
Equity Ratio	−3,02	−2,77	−2,15	−1,12
Gross Profit Margin	32,68 %	31,63 %	30,13 %	24,34 %