MTG MUSIC AS

0152 OSLO

Finances

Return on Equity

425 %

Current Ratio

0,73

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 483 000	2 586 000	2 695 000	2 264 000
Net Income	−153 000	−117 000	91 000	−13 000
Total Assets	654 000	826 000	1 044 000	592 000
Total Equity	−36 000	117 000	234 000	142 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 483 000	2 586 000	2 695 000	2 264 000
Expenditure	2 636 000	2 703 000	2 589 000	2 276 000
Operating Profit	−154 000	−118 000	107 000	−12 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	2 000
Financial Balance	1 000	1 000	1 000	−1 000
Earnings Before Tax	−153 000	−117 000	108 000	−13 000
Tax	0	0	17 000	0
Net Income	−153 000	−117 000	91 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	154 000	164 000	171 000	170 000
Total Current Assets	501 000	662 000	873 000	422 000
Total Assets	654 000	826 000	1 044 000	592 000
Total Retained Equity	−136 000	17 000	134 000	42 000
Total Equity	−36 000	117 000	234 000	142 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	690 000	709 000	811 000	450 000
Total Equity and Debt	654 000	826 000	1 044 000	592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 077 000	2 153 000	2 493 000	1 842 000
Other Income	406 000	433 000	202 000	422 000
Revenue	2 483 000	2 586 000	2 695 000	2 264 000
Cost of Goods Sold	608 000	503 000	423 000	363 000
Salary Costs	667 000	682 000	500 000	770 000
Depreciation	10 000	29 000	15 000	14 000
Impairment	0	0	0	0
Expenditure	2 636 000	2 703 000	2 589 000	2 276 000
Operating Profit	−154 000	−118 000	107 000	−12 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	2 000
Financial Balance	1 000	1 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	−153 000	−117 000	91 000	−13 000

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	24 000	34 000	41 000	40 000
Total Tangible Assets	24 000	34 000	41 000	40 000
Total Fiancial Fixed Assets	130 000	130 000	130 000	130 000
Total Fixed Assets	154 000	164 000	171 000	170 000
Stock	13 000	15 000	14 000	15 000
Total Investments	0	0	0	0
Cash, Bank	241 000	450 000	586 000	65 000
Total Current Assets	501 000	662 000	873 000	422 000
Total Assets	654 000	826 000	1 044 000	592 000
Total Equity	−36 000	117 000	234 000	142 000
Short-Term Group Debt	119 000	178 000	208 000	242 000
Total Long-Term Debt	0	0	0	0
Creditors	169 000	305 000	405 000	50 000
Unpaid Taxes	112 000	126 000	113 000	76 000
Dividends	0	0	0	0
Other Current Debt	290 000	100 000	68 000	81 000
Total Current Debt	690 000	709 000	811 000	450 000
Total Equity and Debt	654 000	826 000	1 044 000	592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	425 %	−100 %	38,89 %	−9,15 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−6,2 %	−4,56 %	3,97 %	−0,53 %
Current Ratio	0,73	0,93	1,08	0,94
Quick Ratio	0,74	0,95	1,1	0,97
Equity Ratio	−0,06	0,14	0,22	0,24
Gross Profit Margin	75,51 %	80,55 %	84,3 %	83,97 %