FUN MUSIC AS

3517 HØNEFOSS

Finances

Share Ownership

Return on Equity

−38,1 %

Current Ratio

0,53

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 838 000	2 022 000	2 673 000	2 474 000
Net Income	112 000	266 000	−68 000	29 000
Total Assets	484 000	565 000	742 000	516 000
Total Equity	−294 000	−406 000	−672 000	−472 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 838 000	2 022 000	2 673 000	2 474 000
Expenditure	2 675 000	1 707 000	2 711 000	2 402 000
Operating Profit	163 000	315 000	−38 000	72 000
Financial Income	0	0	12 000	0
Financial Costs	52 000	39 000	41 000	43 000
Financial Balance	−52 000	−39 000	−29 000	−43 000
Earnings Before Tax	111 000	275 000	−68 000	29 000
Tax	0	9 000	0	0
Net Income	112 000	266 000	−68 000	29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	68 000	57 000	541 000	268 000
Total Current Assets	416 000	507 000	202 000	248 000
Total Assets	484 000	565 000	742 000	516 000
Total Retained Equity	−394 000	−506 000	−772 000	−572 000
Total Equity	−294 000	−406 000	−672 000	−472 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	778 000	970 000	1 435 000	988 000
Total Equity and Debt	484 000	565 000	763 000	516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 790 000	2 022 000	2 673 000	2 474 000
Other Income	48 000	0	0	0
Revenue	2 838 000	2 022 000	2 673 000	2 474 000
Cost of Goods Sold	1 865 000	1 508 000	2 040 000	1 664 000
Salary Costs	1 000	0	503 000	434 000
Depreciation	18 000	14 000	13 000	0
Impairment	0	0	0	0
Expenditure	2 675 000	1 707 000	2 711 000	2 402 000
Operating Profit	163 000	315 000	−38 000	72 000
Financial Income	0	0	12 000	0
Financial Costs	52 000	39 000	41 000	43 000
Financial Balance	−52 000	−39 000	−29 000	−43 000
Dividends	0	0	0	0
Net Income	112 000	266 000	−68 000	29 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	17 000	23 000	29 000	0
Total Intangible Assets	17 000	23 000	29 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	43 000	0
Fixtures	51 000	34 000	0	0
Total Tangible Assets	51 000	34 000	43 000	0
Total Fiancial Fixed Assets	0	0	469 000	268 000
Total Fixed Assets	68 000	57 000	541 000	268 000
Stock	78 000	78 000	78 000	223 000
Total Investments	0	0	0	0
Cash, Bank	−1 000	10 000	0	0
Total Current Assets	416 000	507 000	202 000	248 000
Total Assets	484 000	565 000	742 000	516 000
Total Equity	−294 000	−406 000	−672 000	−472 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	205 000	176 000	403 000	330 000
Unpaid Taxes	−49 000	96 000	89 000	84 000
Dividends	0	0	0	0
Other Current Debt	448 000	271 000	698 000	466 000
Total Current Debt	778 000	970 000	1 435 000	988 000
Total Equity and Debt	484 000	565 000	763 000	516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,1 %	−65,52 %	10,12 %	−6,14 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	5,74 %	15,58 %	−1,42 %	2,91 %
Current Ratio	0,53	0,52	0,14	0,25
Quick Ratio	0,59	0,57	0,15	0,32
Equity Ratio	−0,61	−0,72	−0,91	−0,91
Gross Profit Margin	34,28 %	25,42 %	23,68 %	32,74 %