OPEM MUSIKK AS

2322 RIDABU

Finances

Share Ownership

Return on Equity

72,49 %

Current Ratio

10,17

Debt-to-Equity Ratio

3,58

Key figures (NOK)	2022	2021	2020
Revenue	1 335 000	750 000	445 000
Net Income	282 000	219 000	−137 000
Total Assets	1 972 000	1 632 000	1 254 000
Total Equity	389 000	107 000	−112 000

Income (NOK)	2022	2021	2020
Revenue	1 335 000	750 000	445 000
Expenditure	958 000	509 000	686 000
Operating Profit	378 000	241 000	−135 000
Financial Income	2 000	6 000	2 000
Financial Costs	19 000	4 000	4 000
Financial Balance	−17 000	2 000	−2 000
Earnings Before Tax	361 000	243 000	−137 000
Tax	78 000	23 000	0
Net Income	282 000	219 000	−137 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	29 000	26 000	36 000
Total Current Assets	1 943 000	1 606 000	1 217 000
Total Assets	1 972 000	1 632 000	1 254 000
Total Retained Equity	30 000	−137 000	−137 000
Total Equity	389 000	107 000	−112 000
Total Long-Term Debt	1 392 000	1 471 000	1 366 000
Total Current Debt	191 000	54 000	0
Total Equity and Debt	1 972 000	1 632 000	1 254 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 335 000	748 000	445 000
Other Income	0	2 000	0
Revenue	1 335 000	750 000	445 000
Cost of Goods Sold	818 000	405 000	609 000
Salary Costs	0	0	0
Depreciation	16 000	11 000	12 000
Impairment	0	0	0
Expenditure	958 000	509 000	686 000
Operating Profit	378 000	241 000	−135 000
Financial Income	2 000	6 000	2 000
Financial Costs	19 000	4 000	4 000
Financial Balance	−17 000	2 000	−2 000
Dividends	0	0	0
Net Income	282 000	219 000	−137 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	3 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	26 000	26 000	36 000
Total Tangible Assets	26 000	26 000	36 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	29 000	26 000	36 000
Stock	1 720 000	1 462 000	1 211 000
Total Investments	0	0	0
Cash, Bank	176 000	13 000	4 000
Total Current Assets	1 943 000	1 606 000	1 217 000
Total Assets	1 972 000	1 632 000	1 254 000
Total Equity	389 000	107 000	−112 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 392 000	1 471 000	1 366 000
Creditors	0	0	0
Unpaid Taxes	110 000	31 000	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	191 000	54 000	0
Total Equity and Debt	1 972 000	1 632 000	1 254 000

Financial indicators	2022	2021	2020
Return on Equity	72,49 %	204,67 %	122,32 %
Debt-to-Equity Ratio	3,58	13,75	−12,2
Operating Profit Margin	28,31 %	32,13 %	−30,34 %
Current Ratio	10,17	29,74	-
Quick Ratio	−1,27	−1,14	−1
Equity Ratio	0,2	0,07	−0,09
Gross Profit Margin	38,73 %	46 %	−36,85 %