DRABANT MUSIC AS

0151 OSLO

Finances

Share Ownership

Return on Equity

18,22 %

Current Ratio

0,45

Debt-to-Equity Ratio

−0

Key figures (NOK)	2023	2021	2020	2019
Revenue	3 866 000	4 017 000	3 888 000	3 646 000
Net Income	−668 000	130 000	39 000	−76 000
Total Assets	3 056 000	7 752 000	4 919 000	3 053 000
Total Equity	−3 667 000	−2 811 000	−2 940 000	−2 980 000

Income (NOK)	2023	2021	2020	2019
Revenue	3 866 000	4 017 000	3 888 000	3 646 000
Expenditure	4 512 000	4 086 000	3 509 000	3 718 000
Operating Profit	−646 000	230 000	139 000	46 000
Financial Income	0	0	0	0
Financial Costs	22 000	100 000	100 000	122 000
Financial Balance	−22 000	−100 000	−100 000	−122 000
Earnings Before Tax	−668 000	130 000	39 000	−76 000
Tax	0	0	0	0
Net Income	−668 000	130 000	39 000	−76 000

Balance (NOK)	2023	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 056 000	7 752 000	4 919 000	3 053 000
Total Assets	3 056 000	7 752 000	4 919 000	3 053 000
Total Retained Equity	−3 697 000	−2 841 000	−2 970 000	−3 010 000
Total Equity	−3 667 000	−2 811 000	−2 940 000	−2 980 000
Total Long-Term Debt	0	4 231 000	4 231 000	3 956 000
Total Current Debt	6 723 000	6 331 000	3 628 000	2 077 000
Total Equity and Debt	3 056 000	7 752 000	4 919 000	3 053 000

Cash flow (NOK)	2023	2021	2020	2019
Sales Income	3 866 000	3 230 000	3 269 000	2 785 000
Other Income	0	788 000	619 000	861 000
Revenue	3 866 000	4 017 000	3 888 000	3 646 000
Cost of Goods Sold	2 898 000	1 890 000	2 255 000	2 083 000
Salary Costs	1 076 000	694 000	426 000	489 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 512 000	4 086 000	3 509 000	3 718 000
Operating Profit	−646 000	230 000	139 000	46 000
Financial Income	0	0	0	0
Financial Costs	22 000	100 000	100 000	122 000
Financial Balance	−22 000	−100 000	−100 000	−122 000
Dividends	0	0	0	0
Net Income	−668 000	130 000	39 000	−76 000

Balance details (NOK)	2023	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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	629 000	331 000	571 000
Total Investments	0	0	0	0
Cash, Bank	1 185 000	486 000	434 000	873 000
Total Current Assets	3 056 000	7 752 000	4 919 000	3 053 000
Total Assets	3 056 000	7 752 000	4 919 000	3 053 000
Total Equity	−3 667 000	−2 811 000	−2 940 000	−2 980 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 231 000	4 231 000	3 956 000
Creditors	229 000	2 991 000	14 000	114 000
Unpaid Taxes	11 000	−146 000	84 000	56 000
Dividends	0	0	0	0
Other Current Debt	6 483 000	3 487 000	3 531 000	1 908 000
Total Current Debt	6 723 000	6 331 000	3 628 000	2 077 000
Total Equity and Debt	3 056 000	7 752 000	4 919 000	3 053 000

Financial indicators	2023	2021	2020	2019
Return on Equity	18,22 %	−4,62 %	−1,33 %	2,55 %
Debt-to-Equity Ratio	−0	−1,51	−1,44	−1,33
Operating Profit Margin	−16,71 %	5,73 %	3,58 %	1,26 %
Current Ratio	0,45	1,22	1,36	1,47
Quick Ratio	0,45	1,36	1,49	2,03
Equity Ratio	−1,2	−0,36	−0,6	−0,98
Gross Profit Margin	25,04 %	52,95 %	42 %	42,87 %