FAJO MUSIC AS

2073 BØN

Finances

Share Ownership

Return on Equity

15,5 %

Current Ratio

6,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 615 000	1 295 000	930 000	394 000
Net Income	60 000	192 000	60 000	59 000
Total Assets	461 000	413 000	254 000	122 000
Total Equity	387 000	327 000	136 000	75 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 615 000	1 295 000	930 000	394 000
Expenditure	1 525 000	1 042 000	845 000	330 000
Operating Profit	90 000	253 000	85 000	63 000
Financial Income	3 000	3 000	0	0
Financial Costs	0	3 000	0	0
Financial Balance	3 000	0	0	0
Earnings Before Tax	94 000	253 000	85 000	63 000
Tax	34 000	61 000	25 000	4 000
Net Income	60 000	192 000	60 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	461 000	413 000	254 000	122 000
Total Assets	461 000	413 000	254 000	122 000
Total Retained Equity	357 000	297 000	106 000	45 000
Total Equity	387 000	327 000	136 000	75 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	74 000	85 000	119 000	46 000
Total Equity and Debt	461 000	413 000	254 000	122 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 519 000	1 058 000	874 000	181 000
Other Income	96 000	238 000	56 000	213 000
Revenue	1 615 000	1 295 000	930 000	394 000
Cost of Goods Sold	1 135 000	789 000	616 000	195 000
Salary Costs	14 000	5 000	7 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 525 000	1 042 000	845 000	330 000
Operating Profit	90 000	253 000	85 000	63 000
Financial Income	3 000	3 000	0	0
Financial Costs	0	3 000	0	0
Financial Balance	3 000	0	0	0
Dividends	0	0	0	0
Net Income	60 000	192 000	60 000	59 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	180 000	283 000	160 000	96 000
Total Current Assets	461 000	413 000	254 000	122 000
Total Assets	461 000	413 000	254 000	122 000
Total Equity	387 000	327 000	136 000	75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	15 000	9 000
Unpaid Taxes	38 000	24 000	24 000	7 000
Dividends	0	0	0	0
Other Current Debt	2 000	0	54 000	26 000
Total Current Debt	74 000	85 000	119 000	46 000
Total Equity and Debt	461 000	413 000	254 000	122 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,5 %	58,72 %	44,12 %	78,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,57 %	19,54 %	9,14 %	15,99 %
Current Ratio	6,23	4,86	2,13	2,65
Quick Ratio	6,23	4,86	2,13	2,65
Equity Ratio	0,84	0,79	0,54	0,61
Gross Profit Margin	29,72 %	39,07 %	33,76 %	50,51 %