FARMEN MUSIKKOPPLEVELSER AS

7580 SELBU

Finances

Share Ownership

Return on Equity

12,65 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020
Revenue	3 100 000	3 326 000	2 027 000
Net Income	52 000	166 000	163 000
Total Assets	1 628 000	1 568 000	1 345 000
Total Equity	411 000	359 000	193 000

Income (NOK)	2022	2021	2020
Revenue	3 100 000	3 326 000	2 027 000
Expenditure	3 015 000	3 098 000	1 810 000
Operating Profit	85 000	228 000	217 000
Financial Income	0	0	0
Financial Costs	19 000	15 000	8 000
Financial Balance	−19 000	−15 000	−8 000
Earnings Before Tax	67 000	213 000	209 000
Tax	15 000	47 000	46 000
Net Income	52 000	166 000	163 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	45 000	57 000	0
Total Current Assets	1 583 000	1 511 000	1 345 000
Total Assets	1 628 000	1 568 000	1 345 000
Total Retained Equity	381 000	329 000	163 000
Total Equity	411 000	359 000	193 000
Total Long-Term Debt	308 000	386 000	461 000
Total Current Debt	909 000	823 000	690 000
Total Equity and Debt	1 628 000	1 568 000	1 345 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 098 000	3 236 000	2 027 000
Other Income	2 000	90 000	0
Revenue	3 100 000	3 326 000	2 027 000
Cost of Goods Sold	1 943 000	2 113 000	990 000
Salary Costs	646 000	620 000	491 000
Depreciation	12 000	1 000	13 000
Impairment	0	0	0
Expenditure	3 015 000	3 098 000	1 810 000
Operating Profit	85 000	228 000	217 000
Financial Income	0	0	0
Financial Costs	19 000	15 000	8 000
Financial Balance	−19 000	−15 000	−8 000
Dividends	0	0	0
Net Income	52 000	166 000	163 000

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	45 000	57 000	0
Total Tangible Assets	45 000	57 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	45 000	57 000	0
Stock	1 364 000	1 199 000	868 000
Total Investments	0	0	0
Cash, Bank	210 000	306 000	382 000
Total Current Assets	1 583 000	1 511 000	1 345 000
Total Assets	1 628 000	1 568 000	1 345 000
Total Equity	411 000	359 000	193 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	308 000	386 000	461 000
Creditors	74 000	122 000	184 000
Unpaid Taxes	37 000	35 000	35 000
Dividends	0	0	0
Other Current Debt	783 000	622 000	425 000
Total Current Debt	909 000	823 000	690 000
Total Equity and Debt	1 628 000	1 568 000	1 345 000

Financial indicators	2022	2021	2020
Return on Equity	12,65 %	46,24 %	84,46 %
Debt-to-Equity Ratio	0,75	1,08	2,39
Operating Profit Margin	2,74 %	6,86 %	10,71 %
Current Ratio	1,74	1,84	1,95
Quick Ratio	−3,48	−4,02	−7,56
Equity Ratio	0,25	0,23	0,14
Gross Profit Margin	37,32 %	36,47 %	51,16 %