STIFTELSEN MUSIKKSELSKAPET HARMONIEN

5015 BERGEN

Finances

Return on Equity

−179,54 %

Current Ratio

0,84

Debt-to-Equity Ratio

8,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	208 333 000	183 732 000	159 614 000	175 766 000
Net Income	−4 467 000	2 004 000	−4 133 000	2 472 000
Total Assets	83 986 000	107 279 000	86 337 000	76 510 000
Total Equity	2 488 000	6 955 000	4 951 000	9 084 000

Income (NOK)	2022	2021	2020	2019
Revenue	208 333 000	183 732 000	159 614 000	175 766 000
Expenditure	212 390 000	182 603 000	164 256 000	173 890 000
Operating Profit	−4 057 000	1 129 000	−4 642 000	1 876 000
Financial Income	562 000	974 000	666 000	712 000
Financial Costs	972 000	99 000	157 000	116 000
Financial Balance	−410 000	875 000	509 000	596 000
Earnings Before Tax	−4 467 000	2 004 000	−4 133 000	2 472 000
Tax	0	0	0	0
Net Income	−4 467 000	2 004 000	−4 133 000	2 472 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 668 000	31 342 000	22 958 000	18 946 000
Total Current Assets	51 318 000	75 937 000	63 379 000	57 564 000
Total Assets	83 986 000	107 279 000	86 337 000	76 510 000
Total Retained Equity	0	0	0	0
Total Equity	2 488 000	6 955 000	4 951 000	9 084 000
Total Long-Term Debt	20 758 000	22 309 000	15 649 000	7 036 000
Total Current Debt	60 740 000	78 015 000	65 737 000	60 390 000
Total Equity and Debt	83 986 000	107 279 000	86 337 000	76 510 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	208 333 000	183 732 000	159 614 000	175 766 000
Revenue	208 333 000	183 732 000	159 614 000	175 766 000
Cost of Goods Sold	0	0	0	0
Salary Costs	140 693 000	115 623 000	120 194 000	118 086 000
Depreciation	1 404 000	1 097 000	900 000	1 025 000
Impairment	0	0	0	0
Expenditure	212 390 000	182 603 000	164 256 000	173 890 000
Operating Profit	−4 057 000	1 129 000	−4 642 000	1 876 000
Financial Income	562 000	974 000	666 000	712 000
Financial Costs	972 000	99 000	157 000	116 000
Financial Balance	−410 000	875 000	509 000	596 000
Dividends	0	0	0	0
Net Income	−4 467 000	2 004 000	−4 133 000	2 472 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 633 000	9 633 000	4 096 000	4 046 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 535 000	19 209 000	16 362 000	12 400 000
Total Tangible Assets	30 168 000	28 842 000	20 458 000	16 446 000
Total Fiancial Fixed Assets	2 500 000	2 500 000	2 500 000	2 500 000
Total Fixed Assets	32 668 000	31 342 000	22 958 000	18 946 000
Stock	0	0	0	0
Total Investments	20 205 000	20 849 000	20 228 000	20 018 000
Cash, Bank	26 803 000	52 273 000	36 787 000	29 713 000
Total Current Assets	51 318 000	75 937 000	63 379 000	57 564 000
Total Assets	83 986 000	107 279 000	86 337 000	76 510 000
Total Equity	2 488 000	6 955 000	4 951 000	9 084 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 758 000	22 309 000	15 649 000	7 036 000
Creditors	5 086 000	3 956 000	2 793 000	4 626 000
Unpaid Taxes	7 177 000	7 212 000	5 862 000	6 295 000
Dividends	0	0	0	0
Other Current Debt	48 477 000	66 847 000	57 082 000	49 469 000
Total Current Debt	60 740 000	78 015 000	65 737 000	60 390 000
Total Equity and Debt	83 986 000	107 279 000	86 337 000	76 510 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−179,54 %	28,81 %	−83,48 %	27,21 %
Debt-to-Equity Ratio	8,34	3,21	3,16	0,77
Operating Profit Margin	−1,95 %	0,61 %	−2,91 %	1,07 %
Current Ratio	0,84	0,97	0,96	0,95
Quick Ratio	0,84	0,97	0,96	0,95
Equity Ratio	0,03	0,06	0,06	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %