MUSIKK & ARTIST FORMIDLEREN AS

3121 NØTTERØY

Finances

Share Ownership

Return on Equity

26,8 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 876 000	3 578 000	1 981 000	4 669 000
Net Income	175 000	228 000	86 000	22 000
Total Assets	1 237 000	1 062 000	825 000	734 000
Total Equity	653 000	478 000	250 000	164 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 876 000	3 578 000	1 981 000	4 669 000
Expenditure	5 652 000	3 286 000	1 871 000	4 640 000
Operating Profit	224 000	293 000	110 000	28 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	224 000	293 000	110 000	28 000
Tax	49 000	64 000	24 000	6 000
Net Income	175 000	228 000	86 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 237 000	1 062 000	825 000	734 000
Total Assets	1 237 000	1 062 000	825 000	734 000
Total Retained Equity	623 000	448 000	220 000	134 000
Total Equity	653 000	478 000	250 000	164 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	583 000	583 000	575 000	570 000
Total Equity and Debt	1 237 000	1 062 000	825 000	734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 580 000	3 421 000	1 948 000	4 669 000
Other Income	296 000	157 000	34 000	0
Revenue	5 876 000	3 578 000	1 981 000	4 669 000
Cost of Goods Sold	4 482 000	2 806 000	1 539 000	3 688 000
Salary Costs	626 000	183 000	102 000	431 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 652 000	3 286 000	1 871 000	4 640 000
Operating Profit	224 000	293 000	110 000	28 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	175 000	228 000	86 000	22 000

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	639 000	595 000	450 000	422 000
Total Current Assets	1 237 000	1 062 000	825 000	734 000
Total Assets	1 237 000	1 062 000	825 000	734 000
Total Equity	653 000	478 000	250 000	164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	16 000	2 000	12 000
Unpaid Taxes	51 000	42 000	9 000	28 000
Dividends	0	0	0	0
Other Current Debt	481 000	461 000	540 000	524 000
Total Current Debt	583 000	583 000	575 000	570 000
Total Equity and Debt	1 237 000	1 062 000	825 000	734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,8 %	47,7 %	34,4 %	13,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,81 %	8,19 %	5,55 %	0,6 %
Current Ratio	2,12	1,82	1,43	1,29
Quick Ratio	2,12	1,82	1,43	1,29
Equity Ratio	0,53	0,45	0,3	0,22
Gross Profit Margin	23,72 %	21,58 %	22,31 %	21,01 %