KIM ANDRE ARNESEN MUSIC AS

7099 FLATÅSEN

Finances

Share Ownership

Return on Equity

64,2 %

Current Ratio

2,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	340 000	196 000	394 000
Net Income	52 000	16 000	−12 000
Total Assets	153 000	282 000	21 000
Total Equity	81 000	29 000	12 000

Income (NOK)	2022	2021	2020
Revenue	340 000	196 000	394 000
Expenditure	272 000	179 000	407 000
Operating Profit	67 000	17 000	−12 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	67 000	17 000	−12 000
Tax	15 000	1 000	0
Net Income	52 000	16 000	−12 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	153 000	282 000	21 000
Total Assets	153 000	282 000	21 000
Total Retained Equity	51 000	4 000	−12 000
Total Equity	81 000	29 000	12 000
Total Long-Term Debt	0	0	0
Total Current Debt	72 000	253 000	9 000
Total Equity and Debt	153 000	282 000	21 000

Cash flow (NOK)	2022	2021	2020
Sales Income	190 000	46 000	269 000
Other Income	150 000	150 000	125 000
Revenue	340 000	196 000	394 000
Cost of Goods Sold	128 000	13 000	179 000
Salary Costs	3 000	102 000	82 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	272 000	179 000	407 000
Operating Profit	67 000	17 000	−12 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	52 000	16 000	−12 000

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	100 000	282 000	0
Total Current Assets	153 000	282 000	21 000
Total Assets	153 000	282 000	21 000
Total Equity	81 000	29 000	12 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	4 000	4 000	0
Unpaid Taxes	0	35 000	0
Dividends	0	0	0
Other Current Debt	53 000	214 000	9 000
Total Current Debt	72 000	253 000	9 000
Total Equity and Debt	153 000	282 000	21 000

Financial indicators	2022	2021	2020
Return on Equity	64,2 %	55,17 %	−100 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	19,71 %	8,67 %	−3,05 %
Current Ratio	2,13	1,11	2,33
Quick Ratio	2,13	1,11	2,33
Equity Ratio	0,53	0,1	0,57
Gross Profit Margin	62,35 %	93,37 %	54,57 %