MUSICMERCH SHOP AS

0369 OSLO

Finances

Share Ownership

Return on Equity

−77,78 %

Current Ratio

0,03

Debt-to-Equity Ratio

−4,22

Key figures (NOK)	2022	2021	2020
Revenue	33 000	30 000	18 000
Net Income	77 000	−109 000	−14 000
Total Assets	444 000	518 000	29 000
Total Equity	−99 000	−93 000	16 000

Income (NOK)	2022	2021	2020
Revenue	33 000	30 000	18 000
Expenditure	39 000	140 000	31 000
Operating Profit	−6 000	−109 000	−14 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−6 000	−109 000	−14 000
Tax	−83 000	0	0
Net Income	77 000	−109 000	−14 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	440 000	500 000	0
Total Current Assets	4 000	18 000	29 000
Total Assets	444 000	518 000	29 000
Total Retained Equity	−129 000	−123 000	−14 000
Total Equity	−99 000	−93 000	16 000
Total Long-Term Debt	418 000	0	0
Total Current Debt	125 000	611 000	12 000
Total Equity and Debt	444 000	518 000	29 000

Cash flow (NOK)	2022	2021	2020
Sales Income	33 000	30 000	18 000
Other Income	0	0	0
Revenue	33 000	30 000	18 000
Cost of Goods Sold	1 000	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	39 000	140 000	31 000
Operating Profit	−6 000	−109 000	−14 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	77 000	−109 000	−14 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	500 000	0
Total Intangible Assets	0	500 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	440 000	0	0
Total Fixed Assets	440 000	500 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	4 000	18 000	29 000
Total Current Assets	4 000	18 000	29 000
Total Assets	444 000	518 000	29 000
Total Equity	−99 000	−93 000	16 000
Short-Term Group Debt	0	63 000	0
Total Long-Term Debt	418 000	0	0
Creditors	125 000	145 000	12 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	403 000	0
Total Current Debt	125 000	611 000	12 000
Total Equity and Debt	444 000	518 000	29 000

Financial indicators	2022	2021	2020
Return on Equity	−77,78 %	117,2 %	−87,5 %
Debt-to-Equity Ratio	−4,22	−0	0
Operating Profit Margin	−18,18 %	−363,33 %	−77,78 %
Current Ratio	0,03	0,03	2,42
Quick Ratio	0,03	0,03	2,42
Equity Ratio	−0,22	−0,18	0,55
Gross Profit Margin	96,97 %	100 %	100 %