TOUCHDOWN MUSIC AS

7038 TRONDHEIM

Finances

Share Ownership

Return on Equity

38,89 %

Current Ratio

4,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 014 000	1 210 000	950 000	853 000
Net Income	406 000	215 000	98 000	65 000
Total Assets	1 343 000	797 000	529 000	448 000
Total Equity	1 044 000	638 000	423 000	325 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 014 000	1 210 000	950 000	853 000
Expenditure	1 486 000	934 000	832 000	788 000
Operating Profit	528 000	276 000	118 000	66 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	1 000
Financial Balance	−2 000	−1 000	0	−1 000
Earnings Before Tax	526 000	275 000	118 000	65 000
Tax	119 000	60 000	20 000	0
Net Income	406 000	215 000	98 000	65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	80 000	27 000	16 000
Total Current Assets	1 233 000	717 000	502 000	432 000
Total Assets	1 343 000	797 000	529 000	448 000
Total Retained Equity	944 000	538 000	323 000	225 000
Total Equity	1 044 000	638 000	423 000	325 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	298 000	159 000	106 000	123 000
Total Equity and Debt	1 343 000	797 000	529 000	448 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 012 000	1 206 000	900 000	826 000
Other Income	2 000	4 000	50 000	27 000
Revenue	2 014 000	1 210 000	950 000	853 000
Cost of Goods Sold	254 000	142 000	220 000	193 000
Salary Costs	549 000	314 000	251 000	205 000
Depreciation	33 000	23 000	8 000	3 000
Impairment	0	0	0	0
Expenditure	1 486 000	934 000	832 000	788 000
Operating Profit	528 000	276 000	118 000	66 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	1 000
Financial Balance	−2 000	−1 000	0	−1 000
Dividends	0	0	0	0
Net Income	406 000	215 000	98 000	65 000

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	109 000	80 000	27 000	16 000
Total Tangible Assets	109 000	80 000	27 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 000	80 000	27 000	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 001 000	610 000	398 000	400 000
Total Current Assets	1 233 000	717 000	502 000	432 000
Total Assets	1 343 000	797 000	529 000	448 000
Total Equity	1 044 000	638 000	423 000	325 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	40 000	45 000	13 000	6 000
Unpaid Taxes	84 000	24 000	29 000	59 000
Dividends	0	0	0	0
Other Current Debt	54 000	31 000	45 000	58 000
Total Current Debt	298 000	159 000	106 000	123 000
Total Equity and Debt	1 343 000	797 000	529 000	448 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,89 %	33,7 %	23,17 %	20 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,22 %	22,81 %	12,42 %	7,74 %
Current Ratio	4,14	4,51	4,74	3,51
Quick Ratio	4,14	4,51	4,74	3,51
Equity Ratio	0,78	0,8	0,8	0,73
Gross Profit Margin	87,39 %	88,26 %	76,84 %	77,37 %