RAMFJORD MUSIC AS

7985 FOLDEREID

Finances

Share Ownership

Return on Equity

5,93 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	565 000	475 000	401 000	414 000
Net Income	7 000	11 000	−15 000	4 000
Total Assets	252 000	225 000	195 000	211 000
Total Equity	118 000	112 000	100 000	115 000

Income (NOK)	2022	2021	2020	2019
Revenue	565 000	475 000	401 000	414 000
Expenditure	558 000	463 000	415 000	411 000
Operating Profit	8 000	13 000	−14 000	3 000
Financial Income	2 000	3 000	2 000	2 000
Financial Costs	1 000	2 000	6 000	1 000
Financial Balance	1 000	1 000	−4 000	1 000
Earnings Before Tax	9 000	14 000	−18 000	5 000
Tax	2 000	2 000	−3 000	1 000
Net Income	7 000	11 000	−15 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	252 000	225 000	195 000	211 000
Total Assets	252 000	225 000	195 000	211 000
Total Retained Equity	18 000	12 000	0	15 000
Total Equity	118 000	112 000	100 000	115 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	133 000	114 000	95 000	96 000
Total Equity and Debt	252 000	225 000	195 000	211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	562 000	475 000	401 000	414 000
Other Income	3 000	0	0	0
Revenue	565 000	475 000	401 000	414 000
Cost of Goods Sold	10 000	7 000	13 000	3 000
Salary Costs	410 000	347 000	321 000	301 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	558 000	463 000	415 000	411 000
Operating Profit	8 000	13 000	−14 000	3 000
Financial Income	2 000	3 000	2 000	2 000
Financial Costs	1 000	2 000	6 000	1 000
Financial Balance	1 000	1 000	−4 000	1 000
Dividends	0	0	0	0
Net Income	7 000	11 000	−15 000	4 000

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	9 000	12 000	17 000	0
Total Investments	0	0	0	0
Cash, Bank	145 000	138 000	88 000	137 000
Total Current Assets	252 000	225 000	195 000	211 000
Total Assets	252 000	225 000	195 000	211 000
Total Equity	118 000	112 000	100 000	115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	2 000
Unpaid Taxes	80 000	69 000	54 000	58 000
Dividends	0	0	0	0
Other Current Debt	52 000	43 000	40 000	35 000
Total Current Debt	133 000	114 000	95 000	96 000
Total Equity and Debt	252 000	225 000	195 000	211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,93 %	9,82 %	−15 %	3,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,42 %	2,74 %	−3,49 %	0,72 %
Current Ratio	1,89	1,97	2,05	2,2
Quick Ratio	2,03	2,21	2,5	2,2
Equity Ratio	0,47	0,5	0,51	0,55
Gross Profit Margin	98,23 %	98,53 %	96,76 %	99,28 %