MUSIC NETWORK NORWAY AS

1341 SLEPENDEN

Finances

Share Ownership

Return on Equity

−13,51 %

Current Ratio

4,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 000	90 000	86 000	58 000
Net Income	−30 000	−8 000	−14 000	−65 000
Total Assets	277 000	309 000	297 000	309 000
Total Equity	222 000	252 000	260 000	273 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 000	90 000	86 000	58 000
Expenditure	69 000	100 000	103 000	139 000
Operating Profit	−38 000	−10 000	−18 000	−81 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−38 000	−10 000	−18 000	−81 000
Tax	−8 000	−2 000	−4 000	−16 000
Net Income	−30 000	−8 000	−14 000	−65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 000	38 000	36 000	32 000
Total Current Assets	231 000	270 000	261 000	276 000
Total Assets	277 000	309 000	297 000	309 000
Total Retained Equity	179 000	209 000	217 000	231 000
Total Equity	222 000	252 000	260 000	273 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	56 000	57 000	37 000	35 000
Total Equity and Debt	277 000	309 000	297 000	309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	27 000	22 000	43 000
Other Income	31 000	63 000	64 000	15 000
Revenue	31 000	90 000	86 000	58 000
Cost of Goods Sold	5 000	54 000	61 000	56 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	69 000	100 000	103 000	139 000
Operating Profit	−38 000	−10 000	−18 000	−81 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−30 000	−8 000	−14 000	−65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	47 000	38 000	36 000	32 000
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	47 000	38 000	36 000	32 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	231 000	270 000	259 000	275 000
Total Current Assets	231 000	270 000	261 000	276 000
Total Assets	277 000	309 000	297 000	309 000
Total Equity	222 000	252 000	260 000	273 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	1 000	0	0
Dividends	0	0	0	0
Other Current Debt	56 000	56 000	37 000	35 000
Total Current Debt	56 000	57 000	37 000	35 000
Total Equity and Debt	277 000	309 000	297 000	309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,51 %	−3,17 %	−5,38 %	−23,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−122,58 %	−11,11 %	−20,93 %	−139,66 %
Current Ratio	4,13	4,74	7,05	7,89
Quick Ratio	4,13	4,74	7,05	7,89
Equity Ratio	0,8	0,82	0,88	0,88
Gross Profit Margin	83,87 %	40 %	29,07 %	3,45 %