LOUDKIND MUSIC GROUP AS

0250 OSLO

Finances

Return on Equity

860 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	653 000	457 000	200 000
Net Income	43 000	−51 000	−17 000
Total Assets	91 000	62 000	52 000
Total Equity	5 000	−37 000	13 000

Income (NOK)	2022	2021	2020
Revenue	653 000	457 000	200 000
Expenditure	603 000	502 000	218 000
Operating Profit	50 000	−45 000	−17 000
Financial Income	0	0	2 000
Financial Costs	7 000	6 000	2 000
Financial Balance	−7 000	−6 000	0
Earnings Before Tax	43 000	−51 000	−17 000
Tax	0	0	0
Net Income	43 000	−51 000	−17 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 000	5 000	0
Total Current Assets	86 000	57 000	52 000
Total Assets	91 000	62 000	52 000
Total Retained Equity	−25 000	−67 000	−17 000
Total Equity	5 000	−37 000	13 000
Total Long-Term Debt	0	0	0
Total Current Debt	86 000	99 000	39 000
Total Equity and Debt	91 000	62 000	52 000

Cash flow (NOK)	2022	2021	2020
Sales Income	171 000	144 000	162 000
Other Income	482 000	313 000	38 000
Revenue	653 000	457 000	200 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	603 000	502 000	218 000
Operating Profit	50 000	−45 000	−17 000
Financial Income	0	0	2 000
Financial Costs	7 000	6 000	2 000
Financial Balance	−7 000	−6 000	0
Dividends	0	0	0
Net Income	43 000	−51 000	−17 000

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	5 000	5 000	0
Total Fixed Assets	5 000	5 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	29 000	59 000	17 000
Total Current Assets	86 000	57 000	52 000
Total Assets	91 000	62 000	52 000
Total Equity	5 000	−37 000	13 000
Short-Term Group Debt	0	0	−6 000
Total Long-Term Debt	0	0	0
Creditors	0	7 000	0
Unpaid Taxes	−15 000	−3 000	0
Dividends	0	0	0
Other Current Debt	101 000	95 000	44 000
Total Current Debt	86 000	99 000	39 000
Total Equity and Debt	91 000	62 000	52 000

Financial indicators	2022	2021	2020
Return on Equity	860 %	137,84 %	−130,77 %
Debt-to-Equity Ratio	0	−0	0
Operating Profit Margin	7,66 %	−9,85 %	−8,5 %
Current Ratio	1	0,58	1,33
Quick Ratio	1	0,58	1,33
Equity Ratio	0,05	−0,6	0,25
Gross Profit Margin	100 %	100 %	100 %