AAGAARD MUSIKK AS

3210 SANDEFJORD

Finances

Share Ownership

Return on Equity

15,61 %

Current Ratio

1,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 764 000	4 369 000	4 955 000	5 378 000
Net Income	147 000	−124 000	12 000	25 000
Total Assets	2 050 000	1 783 000	1 957 000	2 049 000
Total Equity	942 000	795 000	919 000	906 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 764 000	4 369 000	4 955 000	5 378 000
Expenditure	4 610 000	4 491 000	4 941 000	5 347 000
Operating Profit	154 000	−122 000	14 000	32 000
Financial Income	0	0	3 000	2 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	2 000	1 000
Earnings Before Tax	154 000	−124 000	16 000	32 000
Tax	7 000	0	4 000	7 000
Net Income	147 000	−124 000	12 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	1 000	1 000	1 000
Total Current Assets	2 050 000	1 782 000	1 957 000	2 048 000
Total Assets	2 050 000	1 783 000	1 957 000	2 049 000
Total Retained Equity	792 000	645 000	769 000	756 000
Total Equity	942 000	795 000	919 000	906 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 108 000	988 000	1 039 000	1 143 000
Total Equity and Debt	2 050 000	1 783 000	1 957 000	2 049 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 764 000	4 357 000	4 955 000	5 378 000
Other Income	0	12 000	0	0
Revenue	4 764 000	4 369 000	4 955 000	5 378 000
Cost of Goods Sold	3 430 000	3 491 000	3 766 000	4 142 000
Salary Costs	721 000	579 000	737 000	753 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 610 000	4 491 000	4 941 000	5 347 000
Operating Profit	154 000	−122 000	14 000	32 000
Financial Income	0	0	3 000	2 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	2 000	1 000
Dividends	0	0	0	0
Net Income	147 000	−124 000	12 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	1 000	1 000	1 000	1 000
Stock	894 000	994 000	794 000	1 057 000
Total Investments	0	0	0	0
Cash, Bank	823 000	616 000	905 000	760 000
Total Current Assets	2 050 000	1 782 000	1 957 000	2 048 000
Total Assets	2 050 000	1 783 000	1 957 000	2 049 000
Total Equity	942 000	795 000	919 000	906 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	215 000	155 000	190 000	239 000
Dividends	0	0	0	0
Other Current Debt	887 000	832 000	845 000	897 000
Total Current Debt	1 108 000	988 000	1 039 000	1 143 000
Total Equity and Debt	2 050 000	1 783 000	1 957 000	2 049 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,61 %	−15,6 %	1,31 %	2,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,23 %	−2,79 %	0,28 %	0,6 %
Current Ratio	1,85	1,8	1,88	1,79
Quick Ratio	9,58	−297	7,99	23,81
Equity Ratio	0,46	0,45	0,47	0,44
Gross Profit Margin	28 %	20,1 %	24 %	22,98 %