MUSIKKVERDEN AS

9015 TROMSØ

Finances

Share Ownership

Return on Equity

0,22 %

Current Ratio

2,14

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 951 000	7 428 000	7 094 000	5 996 000
Net Income	3 000	333 000	308 000	280 000
Total Assets	2 586 000	2 635 000	2 689 000	2 033 000
Total Equity	1 380 000	1 377 000	1 045 000	737 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 951 000	7 428 000	7 094 000	5 996 000
Expenditure	6 904 000	6 966 000	6 658 000	5 594 000
Operating Profit	48 000	463 000	435 000	401 000
Financial Income	5 000	5 000	3 000	2 000
Financial Costs	48 000	41 000	43 000	42 000
Financial Balance	−43 000	−36 000	−40 000	−40 000
Earnings Before Tax	4 000	427 000	395 000	361 000
Tax	2 000	94 000	87 000	81 000
Net Income	3 000	333 000	308 000	280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	116 000	141 000	126 000	13 000
Total Current Assets	2 470 000	2 494 000	2 563 000	2 020 000
Total Assets	2 586 000	2 635 000	2 689 000	2 033 000
Total Retained Equity	935 000	933 000	600 000	292 000
Total Equity	1 380 000	1 377 000	1 045 000	737 000
Total Long-Term Debt	53 000	119 000	184 000	66 000
Total Current Debt	1 153 000	1 140 000	1 460 000	1 230 000
Total Equity and Debt	2 586 000	2 635 000	2 689 000	2 033 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 934 000	7 402 000	7 020 000	5 976 000
Other Income	17 000	26 000	74 000	20 000
Revenue	6 951 000	7 428 000	7 094 000	5 996 000
Cost of Goods Sold	4 093 000	4 335 000	4 145 000	3 570 000
Salary Costs	1 517 000	1 410 000	1 458 000	1 262 000
Depreciation	25 000	25 000	18 000	15 000
Impairment	0	0	0	0
Expenditure	6 904 000	6 966 000	6 658 000	5 594 000
Operating Profit	48 000	463 000	435 000	401 000
Financial Income	5 000	5 000	3 000	2 000
Financial Costs	48 000	41 000	43 000	42 000
Financial Balance	−43 000	−36 000	−40 000	−40 000
Dividends	0	0	0	0
Net Income	3 000	333 000	308 000	280 000

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	116 000	141 000	126 000	13 000
Total Tangible Assets	116 000	141 000	126 000	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	116 000	141 000	126 000	13 000
Stock	2 061 000	2 007 000	2 105 000	1 604 000
Total Investments	0	0	0	0
Cash, Bank	69 000	100 000	47 000	234 000
Total Current Assets	2 470 000	2 494 000	2 563 000	2 020 000
Total Assets	2 586 000	2 635 000	2 689 000	2 033 000
Total Equity	1 380 000	1 377 000	1 045 000	737 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	53 000	119 000	184 000	66 000
Creditors	489 000	472 000	500 000	516 000
Unpaid Taxes	284 000	237 000	215 000	253 000
Dividends	0	0	0	0
Other Current Debt	332 000	594 000	633 000	381 000
Total Current Debt	1 153 000	1 140 000	1 460 000	1 230 000
Total Equity and Debt	2 586 000	2 635 000	2 689 000	2 033 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,22 %	24,18 %	29,47 %	37,99 %
Debt-to-Equity Ratio	0,04	0,09	0,18	0,09
Operating Profit Margin	0,69 %	6,23 %	6,13 %	6,69 %
Current Ratio	2,14	2,19	1,76	1,64
Quick Ratio	−2,72	−2,88	−3,97	−5,4
Equity Ratio	0,53	0,52	0,39	0,36
Gross Profit Margin	41,12 %	41,64 %	41,57 %	40,46 %