MUSIKKENTREPRENØRENE AS

4630 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

81,82 %

Current Ratio

N/A

Debt-to-Equity Ratio

−1,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 000	501 000	136 000	158 000
Net Income	−117 000	−50 000	−57 000	57 000
Total Assets	40 000	114 000	107 000	121 000
Total Equity	−143 000	−26 000	24 000	81 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 000	501 000	136 000	158 000
Expenditure	260 000	551 000	200 000	94 000
Operating Profit	−116 000	−50 000	−64 000	65 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−117 000	−50 000	−64 000	65 000
Tax	0	0	−7 000	7 000
Net Income	−117 000	−50 000	−57 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	40 000	114 000	107 000	121 000
Total Assets	40 000	114 000	107 000	121 000
Total Retained Equity	−178 000	−61 000	−11 000	46 000
Total Equity	−143 000	−26 000	24 000	81 000
Total Long-Term Debt	183 000	133 000	83 000	0
Total Current Debt	0	7 000	0	40 000
Total Equity and Debt	40 000	114 000	107 000	121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	144 000	501 000	135 000	158 000
Other Income	0	0	0	0
Revenue	144 000	501 000	136 000	158 000
Cost of Goods Sold	224 000	538 000	184 000	35 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	260 000	551 000	200 000	94 000
Operating Profit	−116 000	−50 000	−64 000	65 000
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	−117 000	−50 000	−57 000	57 000

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	15 000	15 000	11 000	12 000
Total Investments	0	0	0	0
Cash, Bank	22 000	99 000	85 000	94 000
Total Current Assets	40 000	114 000	107 000	121 000
Total Assets	40 000	114 000	107 000	121 000
Total Equity	−143 000	−26 000	24 000	81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	183 000	133 000	83 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	7 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	33 000
Total Current Debt	0	7 000	0	40 000
Total Equity and Debt	40 000	114 000	107 000	121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,82 %	192,31 %	−237,5 %	70,37 %
Debt-to-Equity Ratio	−1,28	−5,12	3,46	0
Operating Profit Margin	−80,56 %	−9,98 %	−47,06 %	41,14 %
Current Ratio	-	16,29	-	3,03
Quick Ratio	−2,67	−14,25	−9,73	4,32
Equity Ratio	−3,58	−0,23	0,22	0,67
Gross Profit Margin	−55,56 %	−7,39 %	−35,29 %	77,85 %