MUSICOLOG IN VEST AS

5416 STORD

Finances

Return on Equity

−18,75 %

Current Ratio

3,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 000	57 000	17 000	20 000
Net Income	−18 000	35 000	−4 000	−20 000
Total Assets	121 000	134 000	123 000	122 000
Total Equity	96 000	114 000	80 000	84 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 000	57 000	17 000	20 000
Expenditure	31 000	23 000	21 000	40 000
Operating Profit	−18 000	35 000	−4 000	−20 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−18 000	35 000	−4 000	−20 000
Tax	0	0	0	0
Net Income	−18 000	35 000	−4 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	45 000	45 000	45 000
Total Current Assets	76 000	89 000	78 000	77 000
Total Assets	121 000	134 000	123 000	122 000
Total Retained Equity	−4 000	14 000	−20 000	−16 000
Total Equity	96 000	114 000	80 000	84 000
Total Long-Term Debt	0	0	7 000	7 000
Total Current Debt	25 000	20 000	37 000	32 000
Total Equity and Debt	121 000	134 000	123 000	122 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	13 000	57 000	17 000	20 000
Revenue	13 000	57 000	17 000	20 000
Cost of Goods Sold	0	1 000	0	7 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	31 000	23 000	21 000	40 000
Operating Profit	−18 000	35 000	−4 000	−20 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−18 000	35 000	−4 000	−20 000

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	45 000	45 000	45 000	45 000
Total Tangible Assets	45 000	45 000	45 000	45 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	45 000	45 000	45 000	45 000
Stock	0	0	0	0
Total Investments	63 000	59 000	59 000	59 000
Cash, Bank	10 000	30 000	9 000	5 000
Total Current Assets	76 000	89 000	78 000	77 000
Total Assets	121 000	134 000	123 000	122 000
Total Equity	96 000	114 000	80 000	84 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	7 000	7 000
Creditors	0	0	0	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	25 000	20 000	37 000	28 000
Total Current Debt	25 000	20 000	37 000	32 000
Total Equity and Debt	121 000	134 000	123 000	122 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,75 %	30,7 %	−5 %	−23,81 %
Debt-to-Equity Ratio	0	0	0,09	0,08
Operating Profit Margin	−138,46 %	61,4 %	−23,53 %	−100 %
Current Ratio	3,04	4,45	2,11	2,41
Quick Ratio	3,04	4,45	2,11	2,41
Equity Ratio	0,79	0,85	0,65	0,69
Gross Profit Margin	100 %	98,25 %	100 %	65 %