PEDER SIMONSEN MUSIC AS

0187 OSLO

Finances

Return on Equity

31,58 %

Current Ratio

1,88

Debt-to-Equity Ratio

1,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	855 000	793 000	271 000	385 000
Net Income	36 000	211 000	−46 000	−60 000
Total Assets	403 000	295 000	184 000	233 000
Total Equity	114 000	79 000	−132 000	−87 000

Income (NOK)	2022	2021	2020	2019
Revenue	855 000	793 000	271 000	385 000
Expenditure	809 000	565 000	317 000	428 000
Operating Profit	47 000	228 000	−46 000	−43 000
Financial Income	1 000	0	1 000	0
Financial Costs	0	0	1 000	2 000
Financial Balance	1 000	0	0	−2 000
Earnings Before Tax	47 000	228 000	−46 000	−45 000
Tax	12 000	17 000	0	14 000
Net Income	36 000	211 000	−46 000	−60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	168 000	94 000	84 000	101 000
Total Current Assets	235 000	201 000	100 000	133 000
Total Assets	403 000	295 000	184 000	233 000
Total Retained Equity	92 000	57 000	−154 000	−109 000
Total Equity	114 000	79 000	−132 000	−87 000
Total Long-Term Debt	164 000	168 000	283 000	192 000
Total Current Debt	125 000	49 000	33 000	128 000
Total Equity and Debt	403 000	295 000	184 000	233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	747 000	611 000	254 000	345 000
Other Income	108 000	182 000	18 000	40 000
Revenue	855 000	793 000	271 000	385 000
Cost of Goods Sold	4 000	112 000	15 000	22 000
Salary Costs	320 000	182 000	138 000	236 000
Depreciation	23 000	19 000	17 000	15 000
Impairment	0	0	0	0
Expenditure	809 000	565 000	317 000	428 000
Operating Profit	47 000	228 000	−46 000	−43 000
Financial Income	1 000	0	1 000	0
Financial Costs	0	0	1 000	2 000
Financial Balance	1 000	0	0	−2 000
Dividends	0	0	0	0
Net Income	36 000	211 000	−46 000	−60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	7 000	11 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	159 000	81 000	67 000	80 000
Total Tangible Assets	159 000	81 000	67 000	80 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	168 000	94 000	84 000	101 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	113 000	61 000	66 000	109 000
Total Current Assets	235 000	201 000	100 000	133 000
Total Assets	403 000	295 000	184 000	233 000
Total Equity	114 000	79 000	−132 000	−87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	164 000	168 000	283 000	192 000
Creditors	41 000	1 000	14 000	6 000
Unpaid Taxes	12 000	24 000	8 000	18 000
Dividends	0	0	0	0
Other Current Debt	61 000	15 000	11 000	105 000
Total Current Debt	125 000	49 000	33 000	128 000
Total Equity and Debt	403 000	295 000	184 000	233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,58 %	267,09 %	34,85 %	68,97 %
Debt-to-Equity Ratio	1,44	2,13	−2,14	−2,21
Operating Profit Margin	5,5 %	28,75 %	−16,97 %	−11,17 %
Current Ratio	1,88	4,1	3,03	1,04
Quick Ratio	1,88	4,1	3,03	1,04
Equity Ratio	0,28	0,27	−0,72	−0,37
Gross Profit Margin	99,53 %	85,88 %	94,46 %	94,29 %