WARNER MUSIC NORWAY AS

0154 OSLO

Finances

Share Ownership

Return on Equity

7,53 %

Current Ratio

2,62

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 247 000	63 768 000	56 732 000	59 892 000
Net Income	10 192 000	11 437 000	12 825 000	22 960 000
Total Assets	204 939 000	185 790 000	176 317 000	138 027 000
Total Equity	135 348 000	125 169 000	113 742 000	100 917 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 247 000	63 768 000	56 732 000	59 892 000
Expenditure	67 052 000	51 392 000	42 777 000	39 575 000
Operating Profit	10 195 000	12 376 000	13 955 000	20 317 000
Financial Income	3 088 000	2 351 000	2 578 000	1 743 000
Financial Costs	13 000	8 000	9 000	16 000
Financial Balance	3 075 000	2 343 000	2 569 000	1 727 000
Earnings Before Tax	13 269 000	14 719 000	16 524 000	22 044 000
Tax	3 077 000	3 282 000	3 699 000	−917 000
Net Income	10 192 000	11 437 000	12 825 000	22 960 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 904 000	44 867 000	33 977 000	41 303 000
Total Current Assets	171 035 000	140 923 000	142 340 000	96 723 000
Total Assets	204 939 000	185 790 000	176 317 000	138 027 000
Total Retained Equity	96 100 000	85 921 000	74 494 000	61 669 000
Total Equity	135 348 000	125 169 000	113 742 000	100 917 000
Total Long-Term Debt	4 422 000	6 381 000	8 272 000	9 978 000
Total Current Debt	65 168 000	54 239 000	54 303 000	27 131 000
Total Equity and Debt	204 939 000	185 790 000	176 317 000	138 027 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 247 000	63 768 000	56 732 000	59 892 000
Other Income	0	0	0	0
Revenue	77 247 000	63 768 000	56 732 000	59 892 000
Cost of Goods Sold	43 083 000	36 217 000	30 187 000	25 102 000
Salary Costs	23 036 000	20 949 000	17 837 000	16 981 000
Depreciation	10 796 000	7 361 000	7 382 000	7 332 000
Impairment	0	0	0	0
Expenditure	67 052 000	51 392 000	42 777 000	39 575 000
Operating Profit	10 195 000	12 376 000	13 955 000	20 317 000
Financial Income	3 088 000	2 351 000	2 578 000	1 743 000
Financial Costs	13 000	8 000	9 000	16 000
Financial Balance	3 075 000	2 343 000	2 569 000	1 727 000
Dividends	0	0	0	0
Net Income	10 192 000	11 437 000	12 825 000	22 960 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 984 000	40 333 000	29 621 000	36 464 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	603 000	970 000	1 335 000	1 635 000
Total Tangible Assets	603 000	970 000	1 335 000	1 635 000
Total Fiancial Fixed Assets	3 317 000	3 564 000	3 021 000	3 204 000
Total Fixed Assets	33 904 000	44 867 000	33 977 000	41 303 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 717 000	6 621 000	9 622 000	6 390 000
Total Current Assets	171 035 000	140 923 000	142 340 000	96 723 000
Total Assets	204 939 000	185 790 000	176 317 000	138 027 000
Total Equity	135 348 000	125 169 000	113 742 000	100 917 000
Short-Term Group Debt	4 861 000	4 481 000	3 682 000	2 573 000
Total Long-Term Debt	4 422 000	6 381 000	8 272 000	9 978 000
Creditors	908 000	1 930 000	1 140 000	1 946 000
Unpaid Taxes	3 552 000	1 722 000	1 366 000	1 196 000
Dividends	0	0	0	0
Other Current Debt	50 796 000	37 597 000	42 044 000	20 366 000
Total Current Debt	65 168 000	54 239 000	54 303 000	27 131 000
Total Equity and Debt	204 939 000	185 790 000	176 317 000	138 027 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,53 %	9,14 %	11,28 %	22,75 %
Debt-to-Equity Ratio	0,03	0,05	0,07	0,1
Operating Profit Margin	13,2 %	19,41 %	24,6 %	33,92 %
Current Ratio	2,62	2,6	2,62	3,57
Quick Ratio	2,62	2,6	2,62	3,57
Equity Ratio	0,66	0,67	0,65	0,73
Gross Profit Margin	44,23 %	43,21 %	46,79 %	58,09 %