SCHUMANN PIANOVERKSTED AS

5013 BERGEN

Finances

Share Ownership

Return on Equity

170,31 %

Current Ratio

0,56

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 220 000	657 000	701 000	518 000
Net Income	−109 000	37 000	30 000	−25 000
Total Assets	97 000	127 000	110 000	19 000
Total Equity	−64 000	45 000	8 000	−22 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 220 000	657 000	701 000	518 000
Expenditure	1 323 000	609 000	669 000	542 000
Operating Profit	−103 000	47 000	32 000	−25 000
Financial Income	1 000	1 000	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−2 000	1 000	0	0
Earnings Before Tax	−105 000	48 000	32 000	−25 000
Tax	4 000	10 000	2 000	0
Net Income	−109 000	37 000	30 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	0	0	0
Total Current Assets	90 000	127 000	110 000	19 000
Total Assets	97 000	127 000	110 000	19 000
Total Retained Equity	−97 000	12 000	−25 000	−55 000
Total Equity	−64 000	45 000	8 000	−22 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	160 000	81 000	102 000	40 000
Total Equity and Debt	97 000	127 000	110 000	19 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 220 000	657 000	701 000	518 000
Other Income	0	0	0	0
Revenue	1 220 000	657 000	701 000	518 000
Cost of Goods Sold	241 000	105 000	51 000	71 000
Salary Costs	750 000	331 000	414 000	212 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 323 000	609 000	669 000	542 000
Operating Profit	−103 000	47 000	32 000	−25 000
Financial Income	1 000	1 000	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−2 000	1 000	0	0
Dividends	0	0	0	0
Net Income	−109 000	37 000	30 000	−25 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	7 000	0	0	0
Total Fixed Assets	7 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	47 000	109 000	75 000	12 000
Total Current Assets	90 000	127 000	110 000	19 000
Total Assets	97 000	127 000	110 000	19 000
Total Equity	−64 000	45 000	8 000	−22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	37 000	0	6 000	1 000
Unpaid Taxes	48 000	38 000	48 000	20 000
Dividends	0	0	0	0
Other Current Debt	76 000	33 000	45 000	20 000
Total Current Debt	160 000	81 000	102 000	40 000
Total Equity and Debt	97 000	127 000	110 000	19 000

Financial indicators	2022	2021	2020	2019
Return on Equity	170,31 %	82,22 %	375 %	113,64 %
Debt-to-Equity Ratio	−0	0	0	−0
Operating Profit Margin	−8,44 %	7,15 %	4,56 %	−4,83 %
Current Ratio	0,56	1,57	1,08	0,48
Quick Ratio	0,56	1,57	1,08	0,48
Equity Ratio	−0,66	0,35	0,07	−1,16
Gross Profit Margin	80,25 %	84,02 %	92,72 %	86,29 %