MAGNUS MUSIC AS

5232 PARADIS

Finances

Share Ownership

Return on Equity

368,23 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 198 000	809 000	636 000	604 000
Net Income	1 101 000	5 000	−193 000	56 000
Total Assets	1 666 000	19 000	120 000	200 000
Total Equity	299 000	−101 000	−107 000	86 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 198 000	809 000	636 000	604 000
Expenditure	1 731 000	816 000	830 000	532 000
Operating Profit	1 467 000	−7 000	−193 000	72 000
Financial Income	0	0	0	0
Financial Costs	40 000	4 000	0	0
Financial Balance	−40 000	−4 000	0	0
Earnings Before Tax	1 427 000	−11 000	−193 000	72 000
Tax	326 000	−16 000	0	16 000
Net Income	1 101 000	5 000	−193 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	182 000	53 000	0	0
Total Current Assets	1 485 000	−34 000	120 000	200 000
Total Assets	1 666 000	19 000	120 000	200 000
Total Retained Equity	269 000	−131 000	−137 000	56 000
Total Equity	299 000	−101 000	−107 000	86 000
Total Long-Term Debt	7 000	0	0	0
Total Current Debt	1 360 000	120 000	226 000	114 000
Total Equity and Debt	1 666 000	19 000	120 000	200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 198 000	809 000	586 000	604 000
Other Income	0	0	51 000	0
Revenue	3 198 000	809 000	636 000	604 000
Cost of Goods Sold	4 000	2 000	1 000	0
Salary Costs	1 265 000	677 000	780 000	454 000
Depreciation	25 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 731 000	816 000	830 000	532 000
Operating Profit	1 467 000	−7 000	−193 000	72 000
Financial Income	0	0	0	0
Financial Costs	40 000	4 000	0	0
Financial Balance	−40 000	−4 000	0	0
Dividends	700 000	0	0	0
Net Income	1 101 000	5 000	−193 000	56 000

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	154 000	0	0	0
Fixtures	27 000	53 000	0	0
Total Tangible Assets	182 000	53 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	182 000	53 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 482 000	−34 000	120 000	171 000
Total Current Assets	1 485 000	−34 000	120 000	200 000
Total Assets	1 666 000	19 000	120 000	200 000
Total Equity	299 000	−101 000	−107 000	86 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	0	0	0
Creditors	0	0	3 000	0
Unpaid Taxes	210 000	48 000	123 000	49 000
Dividends	700 000	0	0	0
Other Current Debt	130 000	73 000	84 000	49 000
Total Current Debt	1 360 000	120 000	226 000	114 000
Total Equity and Debt	1 666 000	19 000	120 000	200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	368,23 %	−4,95 %	180,37 %	65,12 %
Debt-to-Equity Ratio	0,02	−0	−0	0
Operating Profit Margin	45,87 %	−0,87 %	−30,35 %	11,92 %
Current Ratio	1,09	−0,28	0,53	1,75
Quick Ratio	1,09	−0,28	0,53	1,75
Equity Ratio	0,18	−5,32	−0,89	0,43
Gross Profit Margin	99,87 %	99,75 %	99,84 %	100 %