REAL MUSIC AS

8050 TVERLANDET

Finances

Share Ownership

Return on Equity

−42,11 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	304 000	260 000	341 000	825 000
Net Income	−24 000	−8 000	−3 000	13 000
Total Assets	222 000	329 000	251 000	240 000
Total Equity	57 000	81 000	89 000	92 000

Income (NOK)	2022	2021	2020	2019
Revenue	304 000	260 000	341 000	825 000
Expenditure	326 000	268 000	344 000	805 000
Operating Profit	−23 000	−8 000	−3 000	16 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	−24 000	−8 000	−3 000	16 000
Tax	0	0	0	4 000
Net Income	−24 000	−8 000	−3 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	19 000	0	0
Total Current Assets	203 000	310 000	251 000	240 000
Total Assets	222 000	329 000	251 000	240 000
Total Retained Equity	27 000	51 000	59 000	62 000
Total Equity	57 000	81 000	89 000	92 000
Total Long-Term Debt	31 000	31 000	0	0
Total Current Debt	134 000	217 000	162 000	148 000
Total Equity and Debt	222 000	329 000	251 000	240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	199 000	211 000	162 000	827 000
Other Income	105 000	48 000	180 000	−2 000
Revenue	304 000	260 000	341 000	825 000
Cost of Goods Sold	155 000	101 000	106 000	247 000
Salary Costs	8 000	24 000	120 000	290 000
Depreciation	0	0	0	34 000
Impairment	0	0	0	0
Expenditure	326 000	268 000	344 000	805 000
Operating Profit	−23 000	−8 000	−3 000	16 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	−24 000	−8 000	−3 000	13 000

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	19 000	19 000	0	0
Total Fixed Assets	19 000	19 000	0	0
Stock	30 000	16 000	18 000	23 000
Total Investments	0	0	0	0
Cash, Bank	46 000	162 000	146 000	215 000
Total Current Assets	203 000	310 000	251 000	240 000
Total Assets	222 000	329 000	251 000	240 000
Total Equity	57 000	81 000	89 000	92 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 000	31 000	0	0
Creditors	0	0	0	2 000
Unpaid Taxes	8 000	11 000	13 000	17 000
Dividends	0	0	0	0
Other Current Debt	114 000	194 000	148 000	126 000
Total Current Debt	134 000	217 000	162 000	148 000
Total Equity and Debt	222 000	329 000	251 000	240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,11 %	−9,88 %	−3,37 %	14,13 %
Debt-to-Equity Ratio	0,54	0,38	0	0
Operating Profit Margin	−7,57 %	−3,08 %	−0,88 %	1,94 %
Current Ratio	1,51	1,43	1,55	1,62
Quick Ratio	1,95	1,54	1,74	1,92
Equity Ratio	0,26	0,25	0,35	0,38
Gross Profit Margin	49,01 %	61,15 %	68,91 %	70,06 %