BORDER MUSIC NORWAY AS

0152 OSLO

Finances

Share Ownership

Return on Equity

75,15 %

Current Ratio

1,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 289 000	9 993 000	9 452 000	7 256 000
Net Income	747 000	681 000	246 000	172 000
Total Assets	2 135 000	2 677 000	3 050 000	2 135 000
Total Equity	994 000	547 000	617 000	370 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 289 000	9 993 000	9 452 000	7 256 000
Expenditure	7 328 000	9 076 000	9 118 000	7 061 000
Operating Profit	961 000	918 000	334 000	196 000
Financial Income	1 000	23 000	9 000	0
Financial Costs	0	70 000	26 000	0
Financial Balance	1 000	−47 000	−17 000	0
Earnings Before Tax	961 000	871 000	318 000	196 000
Tax	214 000	190 000	71 000	23 000
Net Income	747 000	681 000	246 000	172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 135 000	2 677 000	3 050 000	2 135 000
Total Assets	2 135 000	2 677 000	3 050 000	2 135 000
Total Retained Equity	964 000	517 000	587 000	340 000
Total Equity	994 000	547 000	617 000	370 000
Total Long-Term Debt	0	1 000	0	3 000
Total Current Debt	1 141 000	2 129 000	2 433 000	1 762 000
Total Equity and Debt	2 135 000	2 677 000	3 050 000	2 135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 289 000	9 993 000	9 452 000	7 256 000
Other Income	0	0	0	0
Revenue	8 289 000	9 993 000	9 452 000	7 256 000
Cost of Goods Sold	6 405 000	8 211 000	8 317 000	6 324 000
Salary Costs	814 000	744 000	723 000	649 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 328 000	9 076 000	9 118 000	7 061 000
Operating Profit	961 000	918 000	334 000	196 000
Financial Income	1 000	23 000	9 000	0
Financial Costs	0	70 000	26 000	0
Financial Balance	1 000	−47 000	−17 000	0
Dividends	300 000	500 000	0	0
Net Income	747 000	681 000	246 000	172 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	505 000	642 000	888 000	690 000
Total Current Assets	2 135 000	2 677 000	3 050 000	2 135 000
Total Assets	2 135 000	2 677 000	3 050 000	2 135 000
Total Equity	994 000	547 000	617 000	370 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	3 000
Creditors	271 000	813 000	1 707 000	1 293 000
Unpaid Taxes	278 000	556 000	584 000	390 000
Dividends	300 000	500 000	0	0
Other Current Debt	77 000	70 000	68 000	59 000
Total Current Debt	1 141 000	2 129 000	2 433 000	1 762 000
Total Equity and Debt	2 135 000	2 677 000	3 050 000	2 135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,15 %	124,5 %	39,87 %	46,49 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	11,59 %	9,19 %	3,53 %	2,7 %
Current Ratio	1,87	1,26	1,25	1,21
Quick Ratio	1,87	1,26	1,25	1,21
Equity Ratio	0,47	0,2	0,2	0,17
Gross Profit Margin	22,73 %	17,83 %	12,01 %	12,84 %