SEEB MUSIC AS

0181 OSLO

Finances

Return on Equity

146,83 %

Current Ratio

2,22

Debt-to-Equity Ratio

−5,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 779 000	2 482 000	3 110 000	3 555 000
Net Income	−671 000	245 000	1 269 000	−2 050 000
Total Assets	3 077 000	4 191 000	5 122 000	4 012 000
Total Equity	−457 000	215 000	−31 000	−1 300 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 779 000	2 482 000	3 110 000	3 555 000
Expenditure	2 441 000	2 178 000	1 937 000	5 621 000
Operating Profit	−663 000	303 000	1 174 000	−2 065 000
Financial Income	0	18 000	11 000	64 000
Financial Costs	12 000	7 000	81 000	46 000
Financial Balance	−12 000	11 000	−70 000	18 000
Earnings Before Tax	−674 000	315 000	1 104 000	−2 047 000
Tax	−3 000	69 000	−166 000	3 000
Net Income	−671 000	245 000	1 269 000	−2 050 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 219 000	1 225 000	1 261 000	130 000
Total Current Assets	1 858 000	2 965 000	3 862 000	3 882 000
Total Assets	3 077 000	4 191 000	5 122 000	4 012 000
Total Retained Equity	−487 000	185 000	−61 000	−1 330 000
Total Equity	−457 000	215 000	−31 000	−1 300 000
Total Long-Term Debt	2 697 000	2 678 000	2 679 000	0
Total Current Debt	837 000	1 298 000	2 475 000	5 312 000
Total Equity and Debt	3 077 000	4 191 000	5 122 000	4 012 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 497 000	2 460 000	3 109 000	3 681 000
Other Income	282 000	21 000	0	−125 000
Revenue	1 779 000	2 482 000	3 110 000	3 555 000
Cost of Goods Sold	71 000	136 000	224 000	330 000
Salary Costs	888 000	537 000	410 000	1 380 000
Depreciation	6 000	34 000	44 000	26 000
Impairment	0	0	0	0
Expenditure	2 441 000	2 178 000	1 937 000	5 621 000
Operating Profit	−663 000	303 000	1 174 000	−2 065 000
Financial Income	0	18 000	11 000	64 000
Financial Costs	12 000	7 000	81 000	46 000
Financial Balance	−12 000	11 000	−70 000	18 000
Dividends	0	0	0	0
Net Income	−671 000	245 000	1 269 000	−2 050 000

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	27 000	33 000	86 000	130 000
Total Tangible Assets	27 000	33 000	86 000	130 000
Total Fiancial Fixed Assets	1 192 000	1 192 000	1 175 000	0
Total Fixed Assets	1 219 000	1 225 000	1 261 000	130 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	972 000	1 825 000	2 304 000	2 842 000
Total Current Assets	1 858 000	2 965 000	3 862 000	3 882 000
Total Assets	3 077 000	4 191 000	5 122 000	4 012 000
Total Equity	−457 000	215 000	−31 000	−1 300 000
Short-Term Group Debt	0	22 000	0	0
Total Long-Term Debt	2 697 000	2 678 000	2 679 000	0
Creditors	129 000	396 000	375 000	419 000
Unpaid Taxes	113 000	69 000	25 000	96 000
Dividends	0	0	0	0
Other Current Debt	595 000	747 000	2 069 000	4 791 000
Total Current Debt	837 000	1 298 000	2 475 000	5 312 000
Total Equity and Debt	3 077 000	4 191 000	5 122 000	4 012 000

Financial indicators	2022	2021	2020	2019
Return on Equity	146,83 %	113,95 %	−4 093,55 %	157,69 %
Debt-to-Equity Ratio	−5,9	12,46	−86,42	−0
Operating Profit Margin	−37,27 %	12,21 %	37,75 %	−58,09 %
Current Ratio	2,22	2,28	1,56	0,73
Quick Ratio	2,22	2,28	1,56	0,73
Equity Ratio	−0,15	0,05	−0,01	−0,32
Gross Profit Margin	96,01 %	94,52 %	92,8 %	90,72 %