MAKE MUSIC AS

5011 BERGEN

Finances

Return on Equity

8,24 %

Current Ratio

2,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	690 000	847 000	1 061 000	578 000
Net Income	64 000	280 000	163 000	128 000
Total Assets	1 127 000	1 093 000	742 000	395 000
Total Equity	777 000	713 000	433 000	270 000

Income (NOK)	2022	2021	2020	2019
Revenue	690 000	847 000	1 061 000	578 000
Expenditure	614 000	512 000	830 000	441 000
Operating Profit	76 000	335 000	231 000	137 000
Financial Income	0	1 000	5 000	3 000
Financial Costs	2 000	1 000	9 000	1 000
Financial Balance	−2 000	0	−4 000	2 000
Earnings Before Tax	74 000	336 000	227 000	138 000
Tax	9 000	56 000	64 000	10 000
Net Income	64 000	280 000	163 000	128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	186 000	167 000	55 000	55 000
Total Current Assets	941 000	926 000	687 000	340 000
Total Assets	1 127 000	1 093 000	742 000	395 000
Total Retained Equity	663 000	599 000	319 000	156 000
Total Equity	777 000	713 000	433 000	270 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	350 000	380 000	309 000	125 000
Total Equity and Debt	1 127 000	1 093 000	742 000	395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	562 000	684 000	941 000	430 000
Other Income	128 000	163 000	120 000	148 000
Revenue	690 000	847 000	1 061 000	578 000
Cost of Goods Sold	219 000	193 000	380 000	301 000
Salary Costs	123 000	126 000	182 000	14 000
Depreciation	12 000	0	0	0
Impairment	0	0	0	0
Expenditure	614 000	512 000	830 000	441 000
Operating Profit	76 000	335 000	231 000	137 000
Financial Income	0	1 000	5 000	3 000
Financial Costs	2 000	1 000	9 000	1 000
Financial Balance	−2 000	0	−4 000	2 000
Dividends	0	0	0	0
Net Income	64 000	280 000	163 000	128 000

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	52 000	34 000	0	0
Total Tangible Assets	52 000	34 000	0	0
Total Fiancial Fixed Assets	134 000	134 000	55 000	55 000
Total Fixed Assets	186 000	167 000	55 000	55 000
Stock	60 000	61 000	60 000	178 000
Total Investments	0	0	0	0
Cash, Bank	694 000	808 000	564 000	136 000
Total Current Assets	941 000	926 000	687 000	340 000
Total Assets	1 127 000	1 093 000	742 000	395 000
Total Equity	777 000	713 000	433 000	270 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	192 000	56 000	84 000	4 000
Unpaid Taxes	19 000	6 000	19 000	5 000
Dividends	0	0	0	0
Other Current Debt	130 000	262 000	142 000	105 000
Total Current Debt	350 000	380 000	309 000	125 000
Total Equity and Debt	1 127 000	1 093 000	742 000	395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,24 %	39,27 %	37,64 %	47,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,01 %	39,55 %	21,77 %	23,7 %
Current Ratio	2,69	2,44	2,22	2,72
Quick Ratio	3,24	2,9	2,76	−6,42
Equity Ratio	0,69	0,65	0,58	0,68
Gross Profit Margin	68,26 %	77,21 %	64,18 %	47,92 %