EVA'S MUSIKKINSTRUMENT AS

2070 RÅHOLT

Finances

Share Ownership

Return on Equity

7,46 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,98

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 490 000	4 093 000	3 886 000	2 912 000
Net Income	42 000	37 000	209 000	51 000
Total Assets	2 836 000	2 456 000	2 390 000	2 411 000
Total Equity	563 000	100 000	216 000	86 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 490 000	4 093 000	3 886 000	2 912 000
Expenditure	3 391 000	4 016 000	3 560 000	2 850 000
Operating Profit	100 000	77 000	325 000	61 000
Financial Income	0	0	0	0
Financial Costs	46 000	29 000	57 000	10 000
Financial Balance	−46 000	−29 000	−57 000	−10 000
Earnings Before Tax	54 000	48 000	268 000	51 000
Tax	12 000	10 000	59 000	0
Net Income	42 000	37 000	209 000	51 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	191 000	239 000	0	0
Total Current Assets	2 645 000	2 218 000	2 390 000	2 411 000
Total Assets	2 836 000	2 456 000	2 390 000	2 411 000
Total Retained Equity	463 000	0	0	−75 000
Total Equity	563 000	100 000	216 000	86 000
Total Long-Term Debt	552 000	607 000	895 000	350 000
Total Current Debt	1 721 000	1 749 000	1 279 000	1 976 000
Total Equity and Debt	2 836 000	2 456 000	2 390 000	2 411 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 490 000	4 093 000	3 886 000	2 912 000
Other Income	0	0	0	0
Revenue	3 490 000	4 093 000	3 886 000	2 912 000
Cost of Goods Sold	1 754 000	2 500 000	2 263 000	1 727 000
Salary Costs	1 057 000	1 028 000	865 000	749 000
Depreciation	48 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 391 000	4 016 000	3 560 000	2 850 000
Operating Profit	100 000	77 000	325 000	61 000
Financial Income	0	0	0	0
Financial Costs	46 000	29 000	57 000	10 000
Financial Balance	−46 000	−29 000	−57 000	−10 000
Dividends	0	0	0	0
Net Income	42 000	37 000	209 000	51 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	191 000	239 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	191 000	239 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	191 000	239 000	0	0
Stock	1 942 000	1 885 000	1 687 000	1 893 000
Total Investments	0	0	0	0
Cash, Bank	245 000	0	0	109 000
Total Current Assets	2 645 000	2 218 000	2 390 000	2 411 000
Total Assets	2 836 000	2 456 000	2 390 000	2 411 000
Total Equity	563 000	100 000	216 000	86 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	552 000	607 000	895 000	350 000
Creditors	739 000	57 000	432 000	885 000
Unpaid Taxes	389 000	187 000	306 000	22 000
Dividends	0	0	0	0
Other Current Debt	−1 000 000	534 000	386 000	974 000
Total Current Debt	1 721 000	1 749 000	1 279 000	1 976 000
Total Equity and Debt	2 836 000	2 456 000	2 390 000	2 411 000

Financial indicators	2021	2020	2019	2018
Return on Equity	7,46 %	37 %	96,76 %	59,3 %
Debt-to-Equity Ratio	0,98	6,07	4,14	4,07
Operating Profit Margin	2,87 %	1,88 %	8,36 %	2,09 %
Current Ratio	1,54	1,27	1,87	1,22
Quick Ratio	−11,97	−16,31	−5,86	29,05
Equity Ratio	0,2	0,04	0,09	0,04
Gross Profit Margin	49,74 %	38,92 %	41,77 %	40,69 %