KING AND QUEEN MUSIKK OG SPORTSBAR AS

0186 OSLO

Finances

Share Ownership

Return on Equity

155,61 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 753 000	5 158 000	4 632 000	8 317 000
Net Income	652 000	664 000	−157 000	−573 000
Total Assets	2 564 000	1 733 000	1 587 000	1 963 000
Total Equity	419 000	−233 000	−897 000	−741 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 753 000	5 158 000	4 632 000	8 317 000
Expenditure	7 931 000	4 450 000	4 777 000	9 001 000
Operating Profit	823 000	708 000	−146 000	−683 000
Financial Income	1 000	0	0	0
Financial Costs	9 000	45 000	11 000	34 000
Financial Balance	−8 000	−45 000	−11 000	−34 000
Earnings Before Tax	815 000	664 000	−157 000	−717 000
Tax	163 000	0	0	−144 000
Net Income	652 000	664 000	−157 000	−573 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	350 000	350 000	316 000	46 000
Total Current Assets	2 214 000	1 383 000	1 271 000	1 917 000
Total Assets	2 564 000	1 733 000	1 587 000	1 963 000
Total Retained Equity	−1 604 000	−2 256 000	−2 919 000	−2 763 000
Total Equity	419 000	−233 000	−897 000	−741 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 145 000	1 966 000	2 484 000	2 704 000
Total Equity and Debt	2 564 000	1 733 000	1 587 000	1 963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 666 000	4 030 000	4 200 000	8 139 000
Other Income	87 000	1 128 000	431 000	177 000
Revenue	8 753 000	5 158 000	4 632 000	8 317 000
Cost of Goods Sold	2 688 000	1 303 000	1 528 000	2 967 000
Salary Costs	1 271 000	869 000	863 000	1 803 000
Depreciation	0	12 000	34 000	62 000
Impairment	0	0	0	0
Expenditure	7 931 000	4 450 000	4 777 000	9 001 000
Operating Profit	823 000	708 000	−146 000	−683 000
Financial Income	1 000	0	0	0
Financial Costs	9 000	45 000	11 000	34 000
Financial Balance	−8 000	−45 000	−11 000	−34 000
Dividends	0	0	0	0
Net Income	652 000	664 000	−157 000	−573 000

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	12 000	46 000
Total Tangible Assets	0	0	12 000	46 000
Total Fiancial Fixed Assets	350 000	350 000	304 000	0
Total Fixed Assets	350 000	350 000	316 000	46 000
Stock	326 000	256 000	67 000	187 000
Total Investments	0	0	0	0
Cash, Bank	1 658 000	761 000	391 000	655 000
Total Current Assets	2 214 000	1 383 000	1 271 000	1 917 000
Total Assets	2 564 000	1 733 000	1 587 000	1 963 000
Total Equity	419 000	−233 000	−897 000	−741 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	696 000	695 000	790 000	677 000
Unpaid Taxes	240 000	295 000	289 000	183 000
Dividends	0	0	0	0
Other Current Debt	1 046 000	976 000	1 405 000	1 844 000
Total Current Debt	2 145 000	1 966 000	2 484 000	2 704 000
Total Equity and Debt	2 564 000	1 733 000	1 587 000	1 963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	155,61 %	−284,98 %	17,5 %	77,33 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	9,4 %	13,73 %	−3,15 %	−8,21 %
Current Ratio	1,03	0,7	0,51	0,71
Quick Ratio	1,22	0,81	0,53	0,76
Equity Ratio	0,16	−0,13	−0,57	−0,38
Gross Profit Margin	69,29 %	74,74 %	67,01 %	64,33 %