SAILOR MUSIC AS

0183 OSLO

Finances

Return on Equity

−80,58 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 653 000	1 593 000	1 233 000	909 000
Net Income	−83 000	354 000	−89 000	−329 000
Total Assets	837 000	673 000	439 000	263 000
Total Equity	103 000	−14 000	−368 000	−279 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 653 000	1 593 000	1 233 000	909 000
Expenditure	1 734 000	1 123 000	1 286 000	1 234 000
Operating Profit	−81 000	469 000	−53 000	−326 000
Financial Income	0	0	7 000	0
Financial Costs	2 000	8 000	40 000	2 000
Financial Balance	−2 000	−8 000	−33 000	−2 000
Earnings Before Tax	−83 000	461 000	−86 000	−329 000
Tax	0	107 000	4 000	0
Net Income	−83 000	354 000	−89 000	−329 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	1 000	0	30 000
Total Current Assets	836 000	672 000	439 000	233 000
Total Assets	837 000	673 000	439 000	263 000
Total Retained Equity	188 000	71 000	−283 000	−194 000
Total Equity	103 000	−14 000	−368 000	−279 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	734 000	687 000	807 000	542 000
Total Equity and Debt	837 000	673 000	439 000	263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 621 000	1 303 000	1 125 000	907 000
Other Income	32 000	290 000	109 000	2 000
Revenue	1 653 000	1 593 000	1 233 000	909 000
Cost of Goods Sold	583 000	256 000	288 000	403 000
Salary Costs	742 000	534 000	138 000	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 734 000	1 123 000	1 286 000	1 234 000
Operating Profit	−81 000	469 000	−53 000	−326 000
Financial Income	0	0	7 000	0
Financial Costs	2 000	8 000	40 000	2 000
Financial Balance	−2 000	−8 000	−33 000	−2 000
Dividends	0	0	0	0
Net Income	−83 000	354 000	−89 000	−329 000

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	1 000	1 000	0	30 000
Total Fixed Assets	1 000	1 000	0	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	95 000	192 000	168 000	59 000
Total Current Assets	836 000	672 000	439 000	233 000
Total Assets	837 000	673 000	439 000	263 000
Total Equity	103 000	−14 000	−368 000	−279 000
Short-Term Group Debt	179 000	179 000	182 000	179 000
Total Long-Term Debt	0	0	0	0
Creditors	38 000	38 000	308 000	203 000
Unpaid Taxes	21 000	197 000	113 000	6 000
Dividends	0	0	0	0
Other Current Debt	494 000	165 000	200 000	154 000
Total Current Debt	734 000	687 000	807 000	542 000
Total Equity and Debt	837 000	673 000	439 000	263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−80,58 %	−2 528,57 %	24,18 %	117,92 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	−4,9 %	29,44 %	−4,3 %	−35,86 %
Current Ratio	1,14	0,98	0,54	0,43
Quick Ratio	1,14	0,98	0,54	0,43
Equity Ratio	0,12	−0,02	−0,84	−1,06
Gross Profit Margin	64,73 %	83,93 %	76,64 %	55,67 %