PETTERSEN MUSIC AS

1368 STABEKK

Finances

Share Ownership

Return on Equity

78,86 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 527 000	3 224 000	1 823 000
Net Income	828 000	1 607 000	692 000
Total Assets	2 185 000	3 054 000	968 000
Total Equity	1 050 000	1 003 000	722 000

Income (NOK)	2022	2021	2020
Revenue	2 527 000	3 224 000	1 823 000
Expenditure	1 467 000	1 164 000	937 000
Operating Profit	1 060 000	2 060 000	886 000
Financial Income	1 000	0	1 000
Financial Costs	0	0	0
Financial Balance	1 000	0	1 000
Earnings Before Tax	1 061 000	2 060 000	887 000
Tax	233 000	453 000	195 000
Net Income	828 000	1 607 000	692 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	225 000	19 000	0
Total Current Assets	1 960 000	3 035 000	968 000
Total Assets	2 185 000	3 054 000	968 000
Total Retained Equity	1 020 000	973 000	692 000
Total Equity	1 050 000	1 003 000	722 000
Total Long-Term Debt	4 000	0	0
Total Current Debt	1 131 000	2 051 000	246 000
Total Equity and Debt	2 185 000	3 054 000	968 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 527 000	3 089 000	1 717 000
Other Income	0	136 000	106 000
Revenue	2 527 000	3 224 000	1 823 000
Cost of Goods Sold	149 000	131 000	397 000
Salary Costs	672 000	699 000	291 000
Depreciation	15 000	5 000	0
Impairment	0	0	0
Expenditure	1 467 000	1 164 000	937 000
Operating Profit	1 060 000	2 060 000	886 000
Financial Income	1 000	0	1 000
Financial Costs	0	0	0
Financial Balance	1 000	0	1 000
Dividends	0	0	0
Net Income	828 000	1 607 000	692 000

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	225 000	19 000	0
Total Tangible Assets	225 000	19 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	225 000	19 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 853 000	2 525 000	769 000
Total Current Assets	1 960 000	3 035 000	968 000
Total Assets	2 185 000	3 054 000	968 000
Total Equity	1 050 000	1 003 000	722 000
Short-Term Group Debt	1 000 000	1 700 000	0
Total Long-Term Debt	4 000	0	0
Creditors	5 000	0	0
Unpaid Taxes	28 000	189 000	20 000
Dividends	0	0	0
Other Current Debt	88 000	83 000	31 000
Total Current Debt	1 131 000	2 051 000	246 000
Total Equity and Debt	2 185 000	3 054 000	968 000

Financial indicators	2022	2021	2020
Return on Equity	78,86 %	160,22 %	95,84 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	41,95 %	63,9 %	48,6 %
Current Ratio	1,73	1,48	3,93
Quick Ratio	1,73	1,48	3,93
Equity Ratio	0,48	0,33	0,75
Gross Profit Margin	94,1 %	95,94 %	78,22 %