STEVE COOLING MUSIC AS

7770 FLATANGER

Finances

Share Ownership

Return on Equity

37,16 %

Current Ratio

4,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	139 000	97 000	0	236 000
Net Income	55 000	35 000	−51 000	31 000
Total Assets	183 000	126 000	80 000	177 000
Total Equity	148 000	94 000	59 000	109 000

Income (NOK)	2022	2021	2020	2019
Revenue	139 000	97 000	0	236 000
Expenditure	68 000	48 000	63 000	194 000
Operating Profit	71 000	49 000	−63 000	42 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	71 000	49 000	−63 000	42 000
Tax	16 000	14 000	−12 000	10 000
Net Income	55 000	35 000	−51 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	0	0	0
Total Current Assets	165 000	126 000	80 000	177 000
Total Assets	183 000	126 000	80 000	177 000
Total Retained Equity	118 000	64 000	29 000	79 000
Total Equity	148 000	94 000	59 000	109 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	35 000	33 000	21 000	68 000
Total Equity and Debt	183 000	126 000	80 000	177 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	139 000	97 000	0	236 000
Other Income	0	0	0	0
Revenue	139 000	97 000	0	236 000
Cost of Goods Sold	39 000	0	0	0
Salary Costs	2 000	0	17 000	69 000
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	68 000	48 000	63 000	194 000
Operating Profit	71 000	49 000	−63 000	42 000
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	55 000	35 000	−51 000	31 000

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	19 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	165 000	126 000	67 000	137 000
Total Current Assets	165 000	126 000	80 000	177 000
Total Assets	183 000	126 000	80 000	177 000
Total Equity	148 000	94 000	59 000	109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	2 000	0
Unpaid Taxes	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	18 000	18 000	18 000	56 000
Total Current Debt	35 000	33 000	21 000	68 000
Total Equity and Debt	183 000	126 000	80 000	177 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,16 %	37,23 %	−86,44 %	28,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	51,08 %	50,52 %	-	17,8 %
Current Ratio	4,71	3,82	3,81	2,6
Quick Ratio	4,71	3,82	3,81	2,6
Equity Ratio	0,81	0,75	0,74	0,62
Gross Profit Margin	71,94 %	100 %	-	100 %