MUSIKKSTUEN AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

31,77 %

Current Ratio

0,2

Debt-to-Equity Ratio

−0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 115 000	2 800 000	1 988 000	1 610 000
Net Income	−319 000	−372 000	−303 000	−40 000
Total Assets	358 000	566 000	517 000	536 000
Total Equity	−1 004 000	−685 000	−312 000	−10 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 115 000	2 800 000	1 988 000	1 610 000
Expenditure	4 428 000	3 062 000	2 349 000	1 644 000
Operating Profit	−312 000	−263 000	−361 000	−35 000
Financial Income	0	0	0	11 000
Financial Costs	8 000	10 000	27 000	30 000
Financial Balance	−8 000	−10 000	−27 000	−19 000
Earnings Before Tax	−319 000	−273 000	−388 000	−54 000
Tax	0	100 000	−85 000	−14 000
Net Income	−319 000	−372 000	−303 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	177 000	235 000	429 000	437 000
Total Current Assets	181 000	331 000	88 000	99 000
Total Assets	358 000	566 000	517 000	536 000
Total Retained Equity	−1 034 000	−715 000	−342 000	−40 000
Total Equity	−1 004 000	−685 000	−312 000	−10 000
Total Long-Term Debt	476 000	450 000	470 000	470 000
Total Current Debt	886 000	800 000	359 000	76 000
Total Equity and Debt	358 000	566 000	517 000	536 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 608 000	1 402 000	1 368 000	1 536 000
Other Income	1 507 000	1 398 000	620 000	73 000
Revenue	4 115 000	2 800 000	1 988 000	1 610 000
Cost of Goods Sold	1 903 000	937 000	608 000	816 000
Salary Costs	1 632 000	1 020 000	631 000	147 000
Depreciation	98 000	94 000	94 000	47 000
Impairment	0	0	0	0
Expenditure	4 428 000	3 062 000	2 349 000	1 644 000
Operating Profit	−312 000	−263 000	−361 000	−35 000
Financial Income	0	0	0	11 000
Financial Costs	8 000	10 000	27 000	30 000
Financial Balance	−8 000	−10 000	−27 000	−19 000
Dividends	0	0	0	0
Net Income	−319 000	−372 000	−303 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	100 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	177 000	235 000	329 000	423 000
Total Tangible Assets	177 000	235 000	329 000	423 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	177 000	235 000	429 000	437 000
Stock	83 000	62 000	0	0
Total Investments	0	0	0	0
Cash, Bank	98 000	133 000	79 000	99 000
Total Current Assets	181 000	331 000	88 000	99 000
Total Assets	358 000	566 000	517 000	536 000
Total Equity	−1 004 000	−685 000	−312 000	−10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	476 000	450 000	470 000	470 000
Creditors	421 000	496 000	227 000	78 000
Unpaid Taxes	66 000	75 000	22 000	−45 000
Dividends	0	0	0	0
Other Current Debt	399 000	229 000	110 000	43 000
Total Current Debt	886 000	800 000	359 000	76 000
Total Equity and Debt	358 000	566 000	517 000	536 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,77 %	54,31 %	97,12 %	400 %
Debt-to-Equity Ratio	−0,47	−0,66	−1,51	−47
Operating Profit Margin	−7,58 %	−9,39 %	−18,16 %	−2,17 %
Current Ratio	0,2	0,41	0,25	1,3
Quick Ratio	0,23	0,45	0,25	1,3
Equity Ratio	−2,8	−1,21	−0,6	−0,02
Gross Profit Margin	53,75 %	66,54 %	69,42 %	49,32 %