SVARTSKOG MUSIC AS

1420 SVARTSKOG

Finances

Share Ownership

Return on Equity

23,15 %

Current Ratio

5,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 017 000	2 999 000	2 039 000	2 295 000
Net Income	718 000	1 088 000	490 000	437 000
Total Assets	3 714 000	2 918 000	1 536 000	1 077 000
Total Equity	3 102 000	2 384 000	1 296 000	806 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 017 000	2 999 000	2 039 000	2 295 000
Expenditure	2 092 000	1 597 000	1 406 000	1 732 000
Operating Profit	925 000	1 401 000	634 000	563 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	925 000	1 401 000	634 000	564 000
Tax	207 000	314 000	144 000	127 000
Net Income	718 000	1 088 000	490 000	437 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	378 000	407 000	436 000	294 000
Total Current Assets	3 336 000	2 511 000	1 100 000	783 000
Total Assets	3 714 000	2 918 000	1 536 000	1 077 000
Total Retained Equity	3 072 000	2 354 000	1 266 000	776 000
Total Equity	3 102 000	2 384 000	1 296 000	806 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	612 000	534 000	240 000	271 000
Total Equity and Debt	3 714 000	2 918 000	1 536 000	1 077 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 017 000	2 999 000	2 039 000	2 295 000
Other Income	0	0	0	0
Revenue	3 017 000	2 999 000	2 039 000	2 295 000
Cost of Goods Sold	412 000	629 000	466 000	441 000
Salary Costs	876 000	534 000	599 000	835 000
Depreciation	29 000	29 000	28 000	22 000
Impairment	0	0	0	0
Expenditure	2 092 000	1 597 000	1 406 000	1 732 000
Operating Profit	925 000	1 401 000	634 000	563 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	718 000	1 088 000	490 000	437 000

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	378 000	407 000	436 000	294 000
Total Tangible Assets	378 000	407 000	436 000	294 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	378 000	407 000	436 000	294 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 221 000	2 444 000	862 000	607 000
Total Current Assets	3 336 000	2 511 000	1 100 000	783 000
Total Assets	3 714 000	2 918 000	1 536 000	1 077 000
Total Equity	3 102 000	2 384 000	1 296 000	806 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	264 000	15 000	17 000	12 000
Unpaid Taxes	65 000	33 000	25 000	50 000
Dividends	0	0	0	0
Other Current Debt	77 000	172 000	55 000	81 000
Total Current Debt	612 000	534 000	240 000	271 000
Total Equity and Debt	3 714 000	2 918 000	1 536 000	1 077 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,15 %	45,64 %	37,81 %	54,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,66 %	46,72 %	31,09 %	24,53 %
Current Ratio	5,45	4,7	4,58	2,89
Quick Ratio	5,45	4,7	4,58	2,89
Equity Ratio	0,84	0,82	0,84	0,75
Gross Profit Margin	86,34 %	79,03 %	77,15 %	80,78 %