NORDIC SONGS AS

0254 OSLO

Finances

Share Ownership

Return on Equity

19,13 %

Current Ratio

9,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	400 000	0	250 000
Net Income	22 000	−12 000	81 000
Total Assets	129 000	94 000	128 000
Total Equity	115 000	94 000	106 000

Income (NOK)	2022	2021	2020
Revenue	400 000	0	250 000
Expenditure	373 000	12 000	148 000
Operating Profit	28 000	−12 000	103 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	28 000	−12 000	103 000
Tax	6 000	0	21 000
Net Income	22 000	−12 000	81 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	129 000	94 000	128 000
Total Assets	129 000	94 000	128 000
Total Retained Equity	85 000	64 000	76 000
Total Equity	115 000	94 000	106 000
Total Long-Term Debt	0	0	0
Total Current Debt	14 000	0	22 000
Total Equity and Debt	129 000	94 000	128 000

Cash flow (NOK)	2022	2021	2020
Sales Income	225 000	0	105 000
Other Income	175 000	0	145 000
Revenue	400 000	0	250 000
Cost of Goods Sold	0	0	0
Salary Costs	110 000	0	41 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	373 000	12 000	148 000
Operating Profit	28 000	−12 000	103 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	22 000	−12 000	81 000

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	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	123 000	94 000	127 000
Total Current Assets	129 000	94 000	128 000
Total Assets	129 000	94 000	128 000
Total Equity	115 000	94 000	106 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	8 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	1 000
Total Current Debt	14 000	0	22 000
Total Equity and Debt	129 000	94 000	128 000

Financial indicators	2022	2021	2020
Return on Equity	19,13 %	−12,77 %	76,42 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	7 %	-	41,2 %
Current Ratio	9,21	-	5,82
Quick Ratio	9,21	-	5,82
Equity Ratio	0,89	1	0,83
Gross Profit Margin	100 %	-	100 %