MEADOW ART & MUSIC AS

0286 OSLO

Finances

Share Ownership

Return on Equity

50,32 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 005 000	914 000	616 000	954 000
Net Income	310 000	−31 000	84 000	35 000
Total Assets	836 000	900 000	540 000	452 000
Total Equity	616 000	306 000	337 000	252 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 005 000	914 000	616 000	954 000
Expenditure	1 615 000	954 000	508 000	904 000
Operating Profit	389 000	−40 000	109 000	49 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	4 000
Financial Balance	0	0	0	−4 000
Earnings Before Tax	389 000	−40 000	109 000	46 000
Tax	79 000	−9 000	25 000	10 000
Net Income	310 000	−31 000	84 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	596 000	758 000	255 000	309 000
Total Current Assets	240 000	141 000	285 000	143 000
Total Assets	836 000	900 000	540 000	452 000
Total Retained Equity	586 000	276 000	307 000	222 000
Total Equity	616 000	306 000	337 000	252 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	220 000	594 000	203 000	200 000
Total Equity and Debt	836 000	900 000	540 000	452 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 962 000	545 000	357 000	837 000
Other Income	43 000	369 000	259 000	117 000
Revenue	2 005 000	914 000	616 000	954 000
Cost of Goods Sold	576 000	161 000	100 000	309 000
Salary Costs	600 000	433 000	126 000	290 000
Depreciation	162 000	180 000	54 000	60 000
Impairment	0	0	0	0
Expenditure	1 615 000	954 000	508 000	904 000
Operating Profit	389 000	−40 000	109 000	49 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	4 000
Financial Balance	0	0	0	−4 000
Dividends	0	0	0	0
Net Income	310 000	−31 000	84 000	35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	9 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	238 000	269 000
Fixtures	587 000	750 000	17 000	41 000
Total Tangible Assets	587 000	750 000	255 000	309 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	596 000	758 000	255 000	309 000
Stock	0	0	15 000	41 000
Total Investments	0	0	0	0
Cash, Bank	134 000	129 000	149 000	87 000
Total Current Assets	240 000	141 000	285 000	143 000
Total Assets	836 000	900 000	540 000	452 000
Total Equity	616 000	306 000	337 000	252 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	2 000	6 000	15 000
Unpaid Taxes	13 000	36 000	9 000	11 000
Dividends	0	0	0	0
Other Current Debt	127 000	556 000	164 000	163 000
Total Current Debt	220 000	594 000	203 000	200 000
Total Equity and Debt	836 000	900 000	540 000	452 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,32 %	−10,13 %	24,93 %	13,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,4 %	−4,38 %	17,69 %	5,14 %
Current Ratio	1,09	0,24	1,4	0,72
Quick Ratio	1,09	0,24	1,52	0,9
Equity Ratio	0,74	0,34	0,62	0,56
Gross Profit Margin	71,27 %	82,39 %	83,77 %	67,61 %