IMO MUSIC AS

9910 BJØRNEVATN

Finances

Share Ownership

Return on Equity

36,64 %

Current Ratio

2,58

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	536 000	1 008 000	812 000	1 023 000
Net Income	166 000	448 000	−256 000	−16 000
Total Assets	706 000	522 000	58 000	266 000
Total Equity	453 000	287 000	−161 000	95 000

Income (NOK)	2021	2020	2019	2018
Revenue	536 000	1 008 000	812 000	1 023 000
Expenditure	320 000	505 000	1 059 000	1 037 000
Operating Profit	215 000	503 000	−247 000	−15 000
Financial Income	−2 000	0	0	0
Financial Costs	0	5 000	9 000	2 000
Financial Balance	−2 000	−5 000	−9 000	−2 000
Earnings Before Tax	213 000	498 000	−256 000	−16 000
Tax	47 000	50 000	0	0
Net Income	166 000	448 000	−256 000	−16 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	52 000	16 000	23 000	33 000
Total Current Assets	654 000	506 000	35 000	233 000
Total Assets	706 000	522 000	58 000	266 000
Total Retained Equity	436 000	257 000	−191 000	65 000
Total Equity	453 000	287 000	−161 000	95 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	253 000	235 000	219 000	170 000
Total Equity and Debt	706 000	522 000	58 000	266 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	536 000	1 008 000	812 000	1 023 000
Other Income	0	0	0	0
Revenue	536 000	1 008 000	812 000	1 023 000
Cost of Goods Sold	0	0	0	0
Salary Costs	62 000	119 000	668 000	684 000
Depreciation	22 000	7 000	10 000	14 000
Impairment	0	0	0	0
Expenditure	320 000	505 000	1 059 000	1 037 000
Operating Profit	215 000	503 000	−247 000	−15 000
Financial Income	−2 000	0	0	0
Financial Costs	0	5 000	9 000	2 000
Financial Balance	−2 000	−5 000	−9 000	−2 000
Dividends	0	0	0	0
Net Income	166 000	448 000	−256 000	−16 000

Balance details (NOK)	2021	2020	2019	2018
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	52 000	16 000	23 000	33 000
Total Tangible Assets	52 000	16 000	23 000	33 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	52 000	16 000	23 000	33 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	400 000	422 000	35 000	233 000
Total Current Assets	654 000	506 000	35 000	233 000
Total Assets	706 000	522 000	58 000	266 000
Total Equity	453 000	287 000	−161 000	95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	14 000	0	0
Unpaid Taxes	16 000	0	15 000	33 000
Dividends	0	0	0	0
Other Current Debt	172 000	153 000	204 000	138 000
Total Current Debt	253 000	235 000	219 000	170 000
Total Equity and Debt	706 000	522 000	58 000	266 000

Financial indicators	2021	2020	2019	2018
Return on Equity	36,64 %	156,1 %	159,01 %	−16,84 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	40,11 %	49,9 %	−30,42 %	−1,47 %
Current Ratio	2,58	2,15	0,16	1,37
Quick Ratio	2,58	2,15	0,16	1,37
Equity Ratio	0,64	0,55	−2,78	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %