MOLUND MUSIKK AS

2020 SKEDSMOKORSET

Finances

Return on Equity

20,69 %

Current Ratio

2,25

Debt-to-Equity Ratio

8,52

Key figures (NOK)	2022	2021	2020
Revenue	541 000	73 000	9 000
Net Income	6 000	44 000	−45 000
Total Assets	382 000	224 000	29 000
Total Equity	29 000	24 000	−21 000

Income (NOK)	2022	2021	2020
Revenue	541 000	73 000	9 000
Expenditure	534 000	29 000	54 000
Operating Profit	7 000	44 000	−45 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	7 000	44 000	−45 000
Tax	1 000	0	0
Net Income	6 000	44 000	−45 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	143 000	143 000	0
Total Current Assets	239 000	82 000	29 000
Total Assets	382 000	224 000	29 000
Total Retained Equity	5 000	−1 000	−45 000
Total Equity	29 000	24 000	−21 000
Total Long-Term Debt	247 000	200 000	50 000
Total Current Debt	106 000	0	0
Total Equity and Debt	382 000	224 000	29 000

Cash flow (NOK)	2022	2021	2020
Sales Income	541 000	33 000	9 000
Other Income	0	40 000	0
Revenue	541 000	73 000	9 000
Cost of Goods Sold	0	0	0
Salary Costs	336 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	534 000	29 000	54 000
Operating Profit	7 000	44 000	−45 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	6 000	44 000	−45 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	143 000	143 000	0
Total Fixed Assets	143 000	143 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	212 000	82 000	29 000
Total Current Assets	239 000	82 000	29 000
Total Assets	382 000	224 000	29 000
Total Equity	29 000	24 000	−21 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	247 000	200 000	50 000
Creditors	8 000	0	0
Unpaid Taxes	32 000	0	0
Dividends	0	0	0
Other Current Debt	65 000	0	0
Total Current Debt	106 000	0	0
Total Equity and Debt	382 000	224 000	29 000

Financial indicators	2022	2021	2020
Return on Equity	20,69 %	183,33 %	214,29 %
Debt-to-Equity Ratio	8,52	8,33	−2,38
Operating Profit Margin	1,29 %	60,27 %	−500 %
Current Ratio	2,25	-	-
Quick Ratio	2,25	-	-
Equity Ratio	0,08	0,11	−0,72
Gross Profit Margin	100 %	100 %	100 %