HAMMERSOUND PRODUCTIONS AS

7069 TRONDHEIM

Finances

Return on Equity

134,31 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 314 000	948 000	942 000
Net Income	321 000	−432 000	516 000
Total Assets	612 000	344 000	534 000
Total Equity	239 000	108 000	541 000

Income (NOK)	2022	2021	2020
Revenue	1 314 000	948 000	942 000
Expenditure	992 000	1 380 000	207 000
Operating Profit	322 000	−432 000	735 000
Financial Income	0	0	0
Financial Costs	2 000	1 000	0
Financial Balance	−2 000	−1 000	0
Earnings Before Tax	321 000	−432 000	735 000
Tax	0	0	219 000
Net Income	321 000	−432 000	516 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	21 000	25 000	30 000
Total Current Assets	591 000	319 000	505 000
Total Assets	612 000	344 000	534 000
Total Retained Equity	209 000	84 000	516 000
Total Equity	239 000	108 000	541 000
Total Long-Term Debt	0	0	0
Total Current Debt	373 000	236 000	−6 000
Total Equity and Debt	612 000	344 000	534 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 314 000	798 000	593 000
Other Income	0	150 000	350 000
Revenue	1 314 000	948 000	942 000
Cost of Goods Sold	23 000	203 000	125 000
Salary Costs	923 000	1 124 000	5 000
Depreciation	4 000	4 000	0
Impairment	0	0	0
Expenditure	992 000	1 380 000	207 000
Operating Profit	322 000	−432 000	735 000
Financial Income	0	0	0
Financial Costs	2 000	1 000	0
Financial Balance	−2 000	−1 000	0
Dividends	190 000	0	0
Net Income	321 000	−432 000	516 000

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	9 000	13 000	18 000
Total Tangible Assets	9 000	13 000	18 000
Total Fiancial Fixed Assets	12 000	12 000	12 000
Total Fixed Assets	21 000	25 000	30 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	591 000	319 000	431 000
Total Current Assets	591 000	319 000	505 000
Total Assets	612 000	344 000	534 000
Total Equity	239 000	108 000	541 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 000	0	0
Unpaid Taxes	96 000	73 000	12 000
Dividends	190 000	0	0
Other Current Debt	86 000	104 000	−238 000
Total Current Debt	373 000	236 000	−6 000
Total Equity and Debt	612 000	344 000	534 000

Financial indicators	2022	2021	2020
Return on Equity	134,31 %	−400 %	95,38 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	24,51 %	−45,57 %	78,03 %
Current Ratio	1,58	1,35	−84,17
Quick Ratio	1,58	1,35	−84,17
Equity Ratio	0,39	0,31	1,01
Gross Profit Margin	98,25 %	78,59 %	86,73 %