NEED MUSIC AS

0356 OSLO

Finances

Return on Equity

9 248,39 %

Current Ratio

0,84

Debt-to-Equity Ratio

45,9

Key figures (NOK)	2022	2021	2020
Revenue	38 115 000	19 487 000	10 818 000
Net Income	5 734 000	2 763 000	1 185 000
Total Assets	14 003 000	9 522 000	7 275 000
Total Equity	62 000	1 128 000	1 215 000

Income (NOK)	2022	2021	2020
Revenue	38 115 000	19 487 000	10 818 000
Expenditure	30 461 000	15 782 000	9 043 000
Operating Profit	7 654 000	3 704 000	1 776 000
Financial Income	1 000	34 000	5 000
Financial Costs	183 000	168 000	192 000
Financial Balance	−182 000	−134 000	−187 000
Earnings Before Tax	7 472 000	3 570 000	1 588 000
Tax	1 738 000	807 000	404 000
Net Income	5 734 000	2 763 000	1 185 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 717 000	4 867 000	5 187 000
Total Current Assets	9 287 000	4 656 000	2 088 000
Total Assets	14 003 000	9 522 000	7 275 000
Total Retained Equity	32 000	1 098 000	1 185 000
Total Equity	62 000	1 128 000	1 215 000
Total Long-Term Debt	2 846 000	7 067 000	5 293 000
Total Current Debt	11 095 000	1 327 000	768 000
Total Equity and Debt	14 003 000	9 522 000	7 275 000

Cash flow (NOK)	2022	2021	2020
Sales Income	38 115 000	19 487 000	10 771 000
Other Income	0	0	48 000
Revenue	38 115 000	19 487 000	10 818 000
Cost of Goods Sold	28 165 000	14 534 000	7 665 000
Salary Costs	0	0	63 000
Depreciation	296 000	294 000	310 000
Impairment	0	0	0
Expenditure	30 461 000	15 782 000	9 043 000
Operating Profit	7 654 000	3 704 000	1 776 000
Financial Income	1 000	34 000	5 000
Financial Costs	183 000	168 000	192 000
Financial Balance	−182 000	−134 000	−187 000
Dividends	6 800 000	0	0
Net Income	5 734 000	2 763 000	1 185 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	131 000	100 000	49 000
Real Eastate	4 046 000	4 255 000	4 464 000
Machinery and Plant Facilities	0	0	0
Fixtures	102 000	73 000	158 000
Total Tangible Assets	4 148 000	4 328 000	4 622 000
Total Fiancial Fixed Assets	438 000	438 000	515 000
Total Fixed Assets	4 717 000	4 867 000	5 187 000
Stock	0	0	0
Total Investments	368 000	227 000	74 000
Cash, Bank	7 484 000	2 979 000	1 323 000
Total Current Assets	9 287 000	4 656 000	2 088 000
Total Assets	14 003 000	9 522 000	7 275 000
Total Equity	62 000	1 128 000	1 215 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 846 000	7 067 000	5 293 000
Creditors	433 000	292 000	305 000
Unpaid Taxes	13 000	4 000	35 000
Dividends	6 800 000	0	0
Other Current Debt	2 082 000	172 000	6 000
Total Current Debt	11 095 000	1 327 000	768 000
Total Equity and Debt	14 003 000	9 522 000	7 275 000

Financial indicators	2022	2021	2020
Return on Equity	9 248,39 %	244,95 %	97,53 %
Debt-to-Equity Ratio	45,9	6,27	4,36
Operating Profit Margin	20,08 %	19,01 %	16,42 %
Current Ratio	0,84	3,51	2,72
Quick Ratio	0,84	3,51	2,72
Equity Ratio	0	0,12	0,17
Gross Profit Margin	26,11 %	25,42 %	29,15 %