LAISSEZ-FAIRE MUSIC AS

0654 OSLO

Finances

Share Ownership

Return on Equity

425 %

Current Ratio

0,94

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	665 000	967 000	248 000
Net Income	−51 000	−55 000	64 000
Total Assets	170 000	298 000	186 000
Total Equity	−12 000	39 000	94 000

Income (NOK)	2022	2021	2020
Revenue	665 000	967 000	248 000
Expenditure	708 000	1 040 000	165 000
Operating Profit	−43 000	−73 000	83 000
Financial Income	3 000	3 000	0
Financial Costs	11 000	3 000	1 000
Financial Balance	−8 000	0	−1 000
Earnings Before Tax	−51 000	−73 000	82 000
Tax	0	−18 000	18 000
Net Income	−51 000	−55 000	64 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	170 000	298 000	186 000
Total Assets	170 000	298 000	186 000
Total Retained Equity	−42 000	9 000	64 000
Total Equity	−12 000	39 000	94 000
Total Long-Term Debt	0	0	0
Total Current Debt	181 000	259 000	92 000
Total Equity and Debt	170 000	298 000	186 000

Cash flow (NOK)	2022	2021	2020
Sales Income	665 000	967 000	248 000
Other Income	0	0	0
Revenue	665 000	967 000	248 000
Cost of Goods Sold	333 000	156 000	18 000
Salary Costs	167 000	703 000	64 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	708 000	1 040 000	165 000
Operating Profit	−43 000	−73 000	83 000
Financial Income	3 000	3 000	0
Financial Costs	11 000	3 000	1 000
Financial Balance	−8 000	0	−1 000
Dividends	0	0	0
Net Income	−51 000	−55 000	64 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	5 000	12 000	53 000
Total Current Assets	170 000	298 000	186 000
Total Assets	170 000	298 000	186 000
Total Equity	−12 000	39 000	94 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	15 000	49 000	10 000
Unpaid Taxes	79 000	139 000	0
Dividends	0	0	0
Other Current Debt	88 000	72 000	64 000
Total Current Debt	181 000	259 000	92 000
Total Equity and Debt	170 000	298 000	186 000

Financial indicators	2022	2021	2020
Return on Equity	425 %	−141,03 %	68,09 %
Debt-to-Equity Ratio	−0	0	0
Operating Profit Margin	−6,47 %	−7,55 %	33,47 %
Current Ratio	0,94	1,15	2,02
Quick Ratio	0,94	1,15	2,02
Equity Ratio	−0,07	0,13	0,51
Gross Profit Margin	49,92 %	83,87 %	92,74 %