MUSIKKTIMEN AS

5302 STRUSSHAMN

Finances

Share Ownership

Return on Equity

16,18 %

Current Ratio

3,81

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 135 000	13 457 000	10 656 000	10 892 000
Net Income	1 150 000	854 000	560 000	−86 000
Total Assets	12 001 000	9 259 000	6 300 000	5 648 000
Total Equity	7 107 000	5 957 000	5 103 000	4 543 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 135 000	13 457 000	10 656 000	10 892 000
Expenditure	16 846 000	11 962 000	9 876 000	10 997 000
Operating Profit	1 554 000	1 096 000	724 000	−104 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	68 000	1 000	6 000	4 000
Financial Balance	−67 000	−1 000	−5 000	−2 000
Earnings Before Tax	1 487 000	1 095 000	719 000	−106 000
Tax	337 000	242 000	159 000	−20 000
Net Income	1 150 000	854 000	560 000	−86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 774 000	1 224 000	840 000	952 000
Total Current Assets	10 227 000	8 035 000	5 460 000	4 695 000
Total Assets	12 001 000	9 259 000	6 300 000	5 648 000
Total Retained Equity	6 507 000	5 357 000	4 503 000	3 943 000
Total Equity	7 107 000	5 957 000	5 103 000	4 543 000
Total Long-Term Debt	2 208 000	0	250 000	0
Total Current Debt	2 685 000	3 302 000	946 000	1 105 000
Total Equity and Debt	12 001 000	9 259 000	6 300 000	5 648 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 382 000	11 089 000	9 371 000	8 605 000
Other Income	3 753 000	2 367 000	1 285 000	2 287 000
Revenue	15 135 000	13 457 000	10 656 000	10 892 000
Cost of Goods Sold	11 707 000	8 051 000	6 534 000	6 641 000
Salary Costs	2 043 000	1 627 000	1 167 000	1 939 000
Depreciation	506 000	387 000	573 000	635 000
Impairment	0	0	0	0
Expenditure	16 846 000	11 962 000	9 876 000	10 997 000
Operating Profit	1 554 000	1 096 000	724 000	−104 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	68 000	1 000	6 000	4 000
Financial Balance	−67 000	−1 000	−5 000	−2 000
Dividends	0	0	0	0
Net Income	1 150 000	854 000	560 000	−86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	213 000	231 000	247 000	214 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 560 000	993 000	593 000	739 000
Total Tangible Assets	1 560 000	993 000	593 000	739 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 774 000	1 224 000	840 000	952 000
Stock	7 083 000	3 819 000	3 136 000	2 922 000
Total Investments	0	0	0	0
Cash, Bank	897 000	251 000	622 000	72 000
Total Current Assets	10 227 000	8 035 000	5 460 000	4 695 000
Total Assets	12 001 000	9 259 000	6 300 000	5 648 000
Total Equity	7 107 000	5 957 000	5 103 000	4 543 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 208 000	0	250 000	0
Creditors	1 331 000	1 856 000	127 000	566 000
Unpaid Taxes	809 000	1 059 000	509 000	348 000
Dividends	0	0	0	0
Other Current Debt	226 000	162 000	118 000	158 000
Total Current Debt	2 685 000	3 302 000	946 000	1 105 000
Total Equity and Debt	12 001 000	9 259 000	6 300 000	5 648 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,18 %	14,34 %	10,97 %	−1,89 %
Debt-to-Equity Ratio	0,31	0	0,05	0
Operating Profit Margin	10,27 %	8,14 %	6,79 %	−0,95 %
Current Ratio	3,81	2,43	5,77	4,25
Quick Ratio	−2,33	−15,54	−2,49	−2,58
Equity Ratio	0,59	0,64	0,81	0,8
Gross Profit Margin	22,65 %	40,17 %	38,68 %	39,03 %