PANAMAX MUSIC AS

1354 BÆRUMS VERK

Finances

Return on Equity

−41,34 %

Current Ratio

78,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 000	6 000	12 000	10 000
Net Income	−828 000	−17 000	2 841 000	2 000
Total Assets	2 024 000	2 852 000	2 907 000	629 000
Total Equity	2 003 000	2 832 000	2 849 000	8 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 000	6 000	12 000	10 000
Expenditure	52 000	43 000	16 000	7 000
Operating Profit	−49 000	−37 000	−4 000	3 000
Financial Income	113 000	112 000	2 859 000	0
Financial Costs	894 000	96 000	0	1 000
Financial Balance	−781 000	16 000	2 859 000	−1 000
Earnings Before Tax	−830 000	−21 000	2 855 000	2 000
Tax	−2 000	−3 000	14 000	0
Net Income	−828 000	−17 000	2 841 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	384 000	564 000	552 000	368 000
Total Current Assets	1 640 000	2 289 000	2 355 000	261 000
Total Assets	2 024 000	2 852 000	2 907 000	629 000
Total Retained Equity	1 973 000	2 802 000	2 819 000	−22 000
Total Equity	2 003 000	2 832 000	2 849 000	8 000
Total Long-Term Debt	0	0	0	621 000
Total Current Debt	21 000	21 000	58 000	0
Total Equity and Debt	2 024 000	2 852 000	2 907 000	629 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 000	6 000	12 000	10 000
Revenue	3 000	6 000	12 000	10 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	14 000	13 000	7 000	0
Impairment	0	0	0	0
Expenditure	52 000	43 000	16 000	7 000
Operating Profit	−49 000	−37 000	−4 000	3 000
Financial Income	113 000	112 000	2 859 000	0
Financial Costs	894 000	96 000	0	1 000
Financial Balance	−781 000	16 000	2 859 000	−1 000
Dividends	0	0	0	0
Net Income	−828 000	−17 000	2 841 000	2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	3 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	22 000	14 000	0
Total Tangible Assets	8 000	22 000	14 000	0
Total Fiancial Fixed Assets	370 000	538 000	538 000	368 000
Total Fixed Assets	384 000	564 000	552 000	368 000
Stock	0	0	0	0
Total Investments	1 412 000	2 280 000	1 924 000	252 000
Cash, Bank	169 000	8 000	431 000	8 000
Total Current Assets	1 640 000	2 289 000	2 355 000	261 000
Total Assets	2 024 000	2 852 000	2 907 000	629 000
Total Equity	2 003 000	2 832 000	2 849 000	8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	621 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	21 000	21 000	44 000	0
Total Current Debt	21 000	21 000	58 000	0
Total Equity and Debt	2 024 000	2 852 000	2 907 000	629 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,34 %	−0,6 %	99,72 %	25 %
Debt-to-Equity Ratio	0	0	0	77,63
Operating Profit Margin	−1 633,33 %	−616,67 %	−33,33 %	30 %
Current Ratio	78,1	109	40,6	-
Quick Ratio	78,1	109	40,6	-
Equity Ratio	0,99	0,99	0,98	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %