FUNKTIONELL MUSIK OG MEDIA NORGE AS

2750 GRAN

Finances

Share Ownership

Return on Equity

−120,37 %

Current Ratio

1,09

Debt-to-Equity Ratio

−1,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	373 000	398 000	186 000	295 000
Net Income	65 000	−267 000	86 000	48 000
Total Assets	367 000	325 000	284 000	234 000
Total Equity	−54 000	−119 000	148 000	61 000

Income (NOK)	2022	2021	2020	2019
Revenue	373 000	398 000	186 000	295 000
Expenditure	322 000	668 000	76 000	233 000
Operating Profit	51 000	−270 000	110 000	62 000
Financial Income	14 000	0	2 000	0
Financial Costs	0	0	1 000	7 000
Financial Balance	14 000	0	1 000	−7 000
Earnings Before Tax	65 000	−270 000	111 000	56 000
Tax	0	−3 000	24 000	7 000
Net Income	65 000	−267 000	86 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	51 000	85 000	0
Total Current Assets	350 000	274 000	199 000	234 000
Total Assets	367 000	325 000	284 000	234 000
Total Retained Equity	−84 000	−149 000	118 000	31 000
Total Equity	−54 000	−119 000	148 000	61 000
Total Long-Term Debt	99 000	99 000	63 000	30 000
Total Current Debt	322 000	345 000	73 000	142 000
Total Equity and Debt	367 000	325 000	284 000	234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	373 000	398 000	186 000	295 000
Other Income	0	0	0	0
Revenue	373 000	398 000	186 000	295 000
Cost of Goods Sold	188 000	187 000	15 000	205 000
Salary Costs	−11 000	270 000	0	0
Depreciation	34 000	34 000	17 000	0
Impairment	0	0	0	0
Expenditure	322 000	668 000	76 000	233 000
Operating Profit	51 000	−270 000	110 000	62 000
Financial Income	14 000	0	2 000	0
Financial Costs	0	0	1 000	7 000
Financial Balance	14 000	0	1 000	−7 000
Dividends	0	0	0	0
Net Income	65 000	−267 000	86 000	48 000

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	17 000	51 000	85 000	0
Total Tangible Assets	17 000	51 000	85 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	51 000	85 000	0
Stock	39 000	52 000	76 000	66 000
Total Investments	0	0	0	0
Cash, Bank	232 000	199 000	84 000	168 000
Total Current Assets	350 000	274 000	199 000	234 000
Total Assets	367 000	325 000	284 000	234 000
Total Equity	−54 000	−119 000	148 000	61 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	99 000	99 000	63 000	30 000
Creditors	167 000	205 000	42 000	88 000
Unpaid Taxes	89 000	92 000	0	12 000
Dividends	0	0	0	0
Other Current Debt	66 000	48 000	9 000	35 000
Total Current Debt	322 000	345 000	73 000	142 000
Total Equity and Debt	367 000	325 000	284 000	234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−120,37 %	224,37 %	58,11 %	78,69 %
Debt-to-Equity Ratio	−1,83	−0,83	0,43	0,49
Operating Profit Margin	13,67 %	−67,84 %	59,14 %	21,02 %
Current Ratio	1,09	0,79	2,73	1,65
Quick Ratio	1,24	0,94	−66,33	3,08
Equity Ratio	−0,15	−0,37	0,52	0,26
Gross Profit Margin	49,6 %	53,02 %	91,94 %	30,51 %