SOUNDTEC SERVICES AS

0198 OSLO

Finances

Share Ownership

Return on Equity

−56,99 %

Current Ratio

1,02

Debt-to-Equity Ratio

3,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 568 000	5 100 000	1 548 000	4 108 000
Net Income	−273 000	679 000	33 000	1 329 000
Total Assets	4 793 000	5 806 000	2 042 000	1 678 000
Total Equity	479 000	1 492 000	1 263 000	1 230 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 568 000	5 100 000	1 548 000	4 108 000
Expenditure	5 687 000	4 184 000	1 496 000	2 404 000
Operating Profit	−119 000	916 000	52 000	1 704 000
Financial Income	0	0	0	1 000
Financial Costs	189 000	44 000	10 000	1 000
Financial Balance	−189 000	−44 000	−10 000	0
Earnings Before Tax	−308 000	871 000	42 000	1 704 000
Tax	−35 000	192 000	10 000	375 000
Net Income	−273 000	679 000	33 000	1 329 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 909 000	2 017 000	540 000	260 000
Total Current Assets	2 883 000	3 790 000	1 502 000	1 419 000
Total Assets	4 793 000	5 806 000	2 042 000	1 678 000
Total Retained Equity	449 000	1 462 000	1 233 000	1 200 000
Total Equity	479 000	1 492 000	1 263 000	1 230 000
Total Long-Term Debt	1 490 000	1 653 000	0	0
Total Current Debt	2 823 000	2 661 000	779 000	448 000
Total Equity and Debt	4 793 000	5 806 000	2 042 000	1 678 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 567 000	5 100 000	1 548 000	4 108 000
Other Income	0	0	0	0
Revenue	5 568 000	5 100 000	1 548 000	4 108 000
Cost of Goods Sold	2 936 000	3 784 000	1 240 000	1 445 000
Salary Costs	1 531 000	10 000	0	0
Depreciation	254 000	121 000	0	0
Impairment	0	0	0	0
Expenditure	5 687 000	4 184 000	1 496 000	2 404 000
Operating Profit	−119 000	916 000	52 000	1 704 000
Financial Income	0	0	0	1 000
Financial Costs	189 000	44 000	10 000	1 000
Financial Balance	−189 000	−44 000	−10 000	0
Dividends	740 000	450 000	0	1 047 000
Net Income	−273 000	679 000	33 000	1 329 000

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	1 417 000	1 524 000	30 000	0
Total Tangible Assets	1 417 000	1 524 000	30 000	0
Total Fiancial Fixed Assets	492 000	492 000	510 000	260 000
Total Fixed Assets	1 909 000	2 017 000	540 000	260 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	902 000	2 622 000	1 221 000	1 284 000
Total Current Assets	2 883 000	3 790 000	1 502 000	1 419 000
Total Assets	4 793 000	5 806 000	2 042 000	1 678 000
Total Equity	479 000	1 492 000	1 263 000	1 230 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 490 000	1 653 000	0	0
Creditors	1 927 000	2 008 000	339 000	0
Unpaid Taxes	19 000	223 000	0	0
Dividends	740 000	450 000	0	1 047 000
Other Current Debt	137 000	299 000	430 000	73 000
Total Current Debt	2 823 000	2 661 000	779 000	448 000
Total Equity and Debt	4 793 000	5 806 000	2 042 000	1 678 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−56,99 %	45,51 %	2,61 %	108,05 %
Debt-to-Equity Ratio	3,11	1,11	0	0
Operating Profit Margin	−2,14 %	17,96 %	3,36 %	41,48 %
Current Ratio	1,02	1,42	1,93	3,17
Quick Ratio	1,02	1,42	1,93	3,17
Equity Ratio	0,1	0,26	0,62	0,73
Gross Profit Margin	47,27 %	25,8 %	19,9 %	64,82 %