NORGES MUSIKKORPS FORBUND

5008 BERGEN

Finances

Return on Equity

−2,24 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 666 000	48 831 000	49 553 000	51 631 000
Net Income	−551 000	2 428 000	3 114 000	2 897 000
Total Assets	65 186 000	58 868 000	55 058 000	48 017 000
Total Equity	24 584 000	25 134 000	22 706 000	19 593 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 666 000	48 831 000	49 553 000	51 631 000
Expenditure	56 126 000	46 514 000	46 656 000	48 963 000
Operating Profit	−460 000	2 318 000	2 896 000	2 668 000
Financial Income	344 000	111 000	218 000	231 000
Financial Costs	434 000	0	0	2 000
Financial Balance	−90 000	111 000	218 000	229 000
Earnings Before Tax	−551 000	2 428 000	3 114 000	2 897 000
Tax	0	0	0	0
Net Income	−551 000	2 428 000	3 114 000	2 897 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 986 000	2 983 000	2 679 000	416 000
Total Current Assets	61 201 000	55 885 000	52 379 000	47 601 000
Total Assets	65 186 000	58 868 000	55 058 000	48 017 000
Total Retained Equity	0	0	0	0
Total Equity	24 584 000	25 134 000	22 706 000	19 593 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	40 603 000	33 734 000	32 352 000	28 425 000
Total Equity and Debt	65 186 000	58 868 000	55 058 000	48 017 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 275 000	9 325 000	10 149 000	10 682 000
Other Income	45 392 000	39 506 000	39 404 000	40 949 000
Revenue	55 666 000	48 831 000	49 553 000	51 631 000
Cost of Goods Sold	7 654 000	7 064 000	7 157 000	6 241 000
Salary Costs	20 362 000	18 465 000	19 538 000	20 579 000
Depreciation	316 000	366 000	357 000	415 000
Impairment	0	0	0	0
Expenditure	56 126 000	46 514 000	46 656 000	48 963 000
Operating Profit	−460 000	2 318 000	2 896 000	2 668 000
Financial Income	344 000	111 000	218 000	231 000
Financial Costs	434 000	0	0	2 000
Financial Balance	−90 000	111 000	218 000	229 000
Dividends	0	0	0	0
Net Income	−551 000	2 428 000	3 114 000	2 897 000

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	436 000	483 000	579 000	416 000
Total Tangible Assets	436 000	483 000	579 000	416 000
Total Fiancial Fixed Assets	3 550 000	2 500 000	2 100 000	0
Total Fixed Assets	3 986 000	2 983 000	2 679 000	416 000
Stock	628 000	577 000	685 000	887 000
Total Investments	14 585 000	0	0	0
Cash, Bank	34 652 000	46 168 000	42 553 000	37 877 000
Total Current Assets	61 201 000	55 885 000	52 379 000	47 601 000
Total Assets	65 186 000	58 868 000	55 058 000	48 017 000
Total Equity	24 584 000	25 134 000	22 706 000	19 593 000
Short-Term Group Debt	1 632 000	236 000	1 397 000	508 000
Total Long-Term Debt	0	0	0	0
Creditors	1 189 000	825 000	830 000	1 131 000
Unpaid Taxes	2 836 000	2 494 000	2 199 000	2 450 000
Dividends	0	0	0	0
Other Current Debt	34 946 000	30 179 000	27 926 000	24 335 000
Total Current Debt	40 603 000	33 734 000	32 352 000	28 425 000
Total Equity and Debt	65 186 000	58 868 000	55 058 000	48 017 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,24 %	9,66 %	13,71 %	14,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,83 %	4,75 %	5,84 %	5,17 %
Current Ratio	1,51	1,66	1,62	1,67
Quick Ratio	1,53	1,69	1,65	1,73
Equity Ratio	0,38	0,43	0,41	0,41
Gross Profit Margin	86,25 %	85,53 %	85,56 %	87,91 %