RICHELLO MUSIC AS

1639 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

131,45 %

Current Ratio

Debt-to-Equity Ratio

2,85

Key figures (NOK)	2022	2021	2020
Revenue	390 000	172 000	70 000
Net Income	163 000	−10 000	−59 000
Total Assets	507 000	299 000	19 000
Total Equity	124 000	−39 000	−29 000

Income (NOK)	2022	2021	2020
Revenue	390 000	172 000	70 000
Expenditure	203 000	181 000	129 000
Operating Profit	187 000	−10 000	−59 000
Financial Income	3 000	0	0
Financial Costs	0	0	0
Financial Balance	3 000	0	0
Earnings Before Tax	190 000	−10 000	−59 000
Tax	26 000	0	0
Net Income	163 000	−10 000	−59 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	357 000	266 000	0
Total Current Assets	150 000	33 000	19 000
Total Assets	507 000	299 000	19 000
Total Retained Equity	94 000	−69 000	−59 000
Total Equity	124 000	−39 000	−29 000
Total Long-Term Debt	353 000	309 000	0
Total Current Debt	30 000	29 000	49 000
Total Equity and Debt	507 000	299 000	19 000

Cash flow (NOK)	2022	2021	2020
Sales Income	390 000	172 000	70 000
Other Income	0	0	0
Revenue	390 000	172 000	70 000
Cost of Goods Sold	0	0	0
Salary Costs	139 000	141 000	64 000
Depreciation	32 000	3 000	0
Impairment	0	0	0
Expenditure	203 000	181 000	129 000
Operating Profit	187 000	−10 000	−59 000
Financial Income	3 000	0	0
Financial Costs	0	0	0
Financial Balance	3 000	0	0
Dividends	0	0	0
Net Income	163 000	−10 000	−59 000

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	357 000	266 000	0
Total Tangible Assets	357 000	266 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	357 000	266 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	83 000	33 000	19 000
Total Current Assets	150 000	33 000	19 000
Total Assets	507 000	299 000	19 000
Total Equity	124 000	−39 000	−29 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	353 000	309 000	0
Creditors	0	0	0
Unpaid Taxes	7 000	13 000	7 000
Dividends	0	0	0
Other Current Debt	15 000	16 000	41 000
Total Current Debt	30 000	29 000	49 000
Total Equity and Debt	507 000	299 000	19 000

Financial indicators	2022	2021	2020
Return on Equity	131,45 %	25,64 %	203,45 %
Debt-to-Equity Ratio	2,85	−7,92	−0
Operating Profit Margin	47,95 %	−5,81 %	−84,29 %
Current Ratio	5	1,14	0,39
Quick Ratio	5	1,14	0,39
Equity Ratio	0,24	−0,13	−1,53
Gross Profit Margin	100 %	100 %	100 %