HEARTMAKERMUSIC AS

0487 OSLO

Finances

Return on Equity

73,95 %

Current Ratio

2,61

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 352 000	8 830 000	7 699 000	6 932 000
Net Income	21 675 000	5 674 000	4 632 000	2 558 000
Total Assets	47 947 000	20 671 000	8 938 000	3 897 000
Total Equity	29 312 000	10 136 000	6 963 000	2 630 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 352 000	8 830 000	7 699 000	6 932 000
Expenditure	5 382 000	3 947 000	2 670 000	3 710 000
Operating Profit	2 970 000	4 883 000	5 029 000	3 221 000
Financial Income	21 256 000	1 884 000	723 000	59 000
Financial Costs	486 000	200 000	3 000	−1 000
Financial Balance	20 770 000	1 684 000	720 000	60 000
Earnings Before Tax	23 740 000	6 567 000	5 748 000	3 280 000
Tax	2 065 000	893 000	1 116 000	723 000
Net Income	21 675 000	5 674 000	4 632 000	2 558 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	755 000	893 000	512 000	1 255 000
Total Current Assets	47 192 000	19 779 000	8 425 000	2 642 000
Total Assets	47 947 000	20 671 000	8 938 000	3 897 000
Total Retained Equity	29 282 000	10 106 000	6 933 000	2 600 000
Total Equity	29 312 000	10 136 000	6 963 000	2 630 000
Total Long-Term Debt	526 000	7 608 000	0	0
Total Current Debt	18 109 000	2 926 000	1 975 000	1 267 000
Total Equity and Debt	47 947 000	20 671 000	8 938 000	3 897 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 165 000	7 974 000	6 349 000	6 312 000
Other Income	1 187 000	856 000	1 350 000	619 000
Revenue	8 352 000	8 830 000	7 699 000	6 932 000
Cost of Goods Sold	376 000	600 000	482 000	303 000
Salary Costs	3 927 000	2 336 000	1 433 000	2 083 000
Depreciation	275 000	273 000	187 000	260 000
Impairment	0	0	0	0
Expenditure	5 382 000	3 947 000	2 670 000	3 710 000
Operating Profit	2 970 000	4 883 000	5 029 000	3 221 000
Financial Income	21 256 000	1 884 000	723 000	59 000
Financial Costs	486 000	200 000	3 000	−1 000
Financial Balance	20 770 000	1 684 000	720 000	60 000
Dividends	0	0	0	0
Net Income	21 675 000	5 674 000	4 632 000	2 558 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	19 000	14 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	68 000	116 000
Fixtures	701 000	849 000	430 000	536 000
Total Tangible Assets	701 000	849 000	498 000	652 000
Total Fiancial Fixed Assets	25 000	25 000	0	596 000
Total Fixed Assets	755 000	893 000	512 000	1 255 000
Stock	0	0	0	0
Total Investments	44 655 000	16 684 000	4 876 000	0
Cash, Bank	424 000	134 000	402 000	1 612 000
Total Current Assets	47 192 000	19 779 000	8 425 000	2 642 000
Total Assets	47 947 000	20 671 000	8 938 000	3 897 000
Total Equity	29 312 000	10 136 000	6 963 000	2 630 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	526 000	7 608 000	0	0
Creditors	68 000	516 000	395 000	26 000
Unpaid Taxes	225 000	150 000	323 000	27 000
Dividends	0	0	0	0
Other Current Debt	744 000	1 363 000	135 000	469 000
Total Current Debt	18 109 000	2 926 000	1 975 000	1 267 000
Total Equity and Debt	47 947 000	20 671 000	8 938 000	3 897 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,95 %	55,98 %	66,52 %	97,26 %
Debt-to-Equity Ratio	0,02	0,75	0	0
Operating Profit Margin	35,56 %	55,3 %	65,32 %	46,47 %
Current Ratio	2,61	6,76	4,27	2,09
Quick Ratio	2,61	6,76	4,27	2,09
Equity Ratio	0,61	0,49	0,78	0,67
Gross Profit Margin	95,5 %	93,2 %	93,74 %	95,63 %