SOUNDGARDEN HI-FI AS

0666 OSLO

Finances

Share Ownership

Return on Equity

−25,4 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 773 000	62 416 000	57 368 000	53 911 000
Net Income	−925 000	−1 011 000	−54 000	514 000
Total Assets	17 525 000	14 809 000	19 937 000	18 451 000
Total Equity	3 642 000	2 449 000	3 460 000	3 514 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 773 000	62 416 000	57 368 000	53 911 000
Expenditure	67 908 000	63 708 000	57 434 000	53 250 000
Operating Profit	−1 136 000	−1 292 000	−66 000	661 000
Financial Income	11 000	1 000	2 000	1 000
Financial Costs	61 000	5 000	5 000	2 000
Financial Balance	−50 000	−4 000	−3 000	−1 000
Earnings Before Tax	−1 186 000	−1 297 000	−69 000	659 000
Tax	−261 000	−285 000	−15 000	145 000
Net Income	−925 000	−1 011 000	−54 000	514 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 990 000	2 685 000	2 931 000	1 796 000
Total Current Assets	15 534 000	12 124 000	17 006 000	16 655 000
Total Assets	17 525 000	14 809 000	19 937 000	18 451 000
Total Retained Equity	0	−551 000	460 000	514 000
Total Equity	3 642 000	2 449 000	3 460 000	3 514 000
Total Long-Term Debt	8 000	0	0	0
Total Current Debt	13 874 000	12 360 000	16 477 000	14 937 000
Total Equity and Debt	17 525 000	14 809 000	19 937 000	18 451 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 738 000	62 040 000	56 781 000	53 767 000
Other Income	35 000	376 000	586 000	144 000
Revenue	66 773 000	62 416 000	57 368 000	53 911 000
Cost of Goods Sold	47 569 000	41 249 000	38 526 000	33 891 000
Salary Costs	10 870 000	11 455 000	10 192 000	11 071 000
Depreciation	492 000	547 000	174 000	31 000
Impairment	0	0	0	0
Expenditure	67 908 000	63 708 000	57 434 000	53 250 000
Operating Profit	−1 136 000	−1 292 000	−66 000	661 000
Financial Income	11 000	1 000	2 000	1 000
Financial Costs	61 000	5 000	5 000	2 000
Financial Balance	−50 000	−4 000	−3 000	−1 000
Dividends	0	0	0	0
Net Income	−925 000	−1 011 000	−54 000	514 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	504 000	699 000	1 060 000	0
Total Intangible Assets	504 000	1 027 000	1 102 000	80 000
Real Eastate	335 000	455 000	555 000	312 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	79 000	130 000	156 000	137 000
Total Tangible Assets	414 000	586 000	711 000	448 000
Total Fiancial Fixed Assets	1 073 000	1 073 000	1 118 000	1 268 000
Total Fixed Assets	1 990 000	2 685 000	2 931 000	1 796 000
Stock	9 227 000	9 710 000	19 492 000	11 476 000
Total Investments	0	0	0	0
Cash, Bank	1 918 000	1 575 000	5 757 000	2 302 000
Total Current Assets	15 534 000	12 124 000	17 006 000	16 655 000
Total Assets	17 525 000	14 809 000	19 937 000	18 451 000
Total Equity	3 642 000	2 449 000	3 460 000	3 514 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	0	0	0
Creditors	10 109 000	8 855 000	11 790 000	10 217 000
Unpaid Taxes	2 284 000	1 662 000	1 652 000	1 478 000
Dividends	0	0	0	0
Other Current Debt	1 482 000	1 843 000	3 034 000	3 016 000
Total Current Debt	13 874 000	12 360 000	16 477 000	14 937 000
Total Equity and Debt	17 525 000	14 809 000	19 937 000	18 451 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,4 %	−41,28 %	−1,56 %	14,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,7 %	−2,07 %	−0,12 %	1,23 %
Current Ratio	1,12	0,98	1,03	1,12
Quick Ratio	3,34	4,58	−5,64	4,81
Equity Ratio	0,21	0,17	0,17	0,19
Gross Profit Margin	28,76 %	33,91 %	32,84 %	37,14 %