SØRLIE MUSIKKSENTER AS

7713 STEINKJER

Finances

Share Ownership

Return on Equity

2,09 %

Current Ratio

4,03

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 457 000	5 127 000	5 378 000	4 955 000
Net Income	41 000	12 000	128 000	49 000
Total Assets	4 439 000	4 055 000	4 326 000	3 769 000
Total Equity	1 966 000	1 925 000	1 913 000	1 785 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 457 000	5 127 000	5 378 000	4 955 000
Expenditure	5 298 000	5 039 000	5 128 000	4 808 000
Operating Profit	160 000	88 000	250 000	147 000
Financial Income	5 000	7 000	4 000	4 000
Financial Costs	111 000	78 000	90 000	82 000
Financial Balance	−106 000	−71 000	−86 000	−78 000
Earnings Before Tax	54 000	17 000	164 000	69 000
Tax	13 000	5 000	36 000	20 000
Net Income	41 000	12 000	128 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 463 000	1 587 000	1 708 000	1 418 000
Total Current Assets	2 976 000	2 468 000	2 618 000	2 351 000
Total Assets	4 439 000	4 055 000	4 326 000	3 769 000
Total Retained Equity	1 716 000	1 675 000	1 663 000	1 535 000
Total Equity	1 966 000	1 925 000	1 913 000	1 785 000
Total Long-Term Debt	1 735 000	1 436 000	1 585 000	1 379 000
Total Current Debt	738 000	694 000	828 000	605 000
Total Equity and Debt	4 439 000	4 055 000	4 326 000	3 769 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 457 000	5 127 000	5 375 000	4 953 000
Other Income	0	0	4 000	2 000
Revenue	5 457 000	5 127 000	5 378 000	4 955 000
Cost of Goods Sold	3 435 000	3 237 000	3 322 000	3 058 000
Salary Costs	1 397 000	1 367 000	1 356 000	1 316 000
Depreciation	112 000	116 000	114 000	84 000
Impairment	0	0	0	0
Expenditure	5 298 000	5 039 000	5 128 000	4 808 000
Operating Profit	160 000	88 000	250 000	147 000
Financial Income	5 000	7 000	4 000	4 000
Financial Costs	111 000	78 000	90 000	82 000
Financial Balance	−106 000	−71 000	−86 000	−78 000
Dividends	0	0	0	0
Net Income	41 000	12 000	128 000	49 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	25 000	30 000	66 000
Real Eastate	1 095 000	1 173 000	1 250 000	1 328 000
Machinery and Plant Facilities	226 000	258 000	290 000	0
Fixtures	130 000	132 000	139 000	25 000
Total Tangible Assets	1 451 000	1 563 000	1 679 000	1 353 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 463 000	1 587 000	1 708 000	1 418 000
Stock	2 617 000	2 079 000	2 019 000	1 912 000
Total Investments	0	0	0	0
Cash, Bank	44 000	58 000	195 000	45 000
Total Current Assets	2 976 000	2 468 000	2 618 000	2 351 000
Total Assets	4 439 000	4 055 000	4 326 000	3 769 000
Total Equity	1 966 000	1 925 000	1 913 000	1 785 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 735 000	1 436 000	1 585 000	1 379 000
Creditors	477 000	256 000	380 000	45 000
Unpaid Taxes	301 000	223 000	302 000	262 000
Dividends	0	0	0	0
Other Current Debt	149 000	138 000	146 000	139 000
Total Current Debt	738 000	694 000	828 000	605 000
Total Equity and Debt	4 439 000	4 055 000	4 326 000	3 769 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,09 %	0,62 %	6,69 %	2,75 %
Debt-to-Equity Ratio	0,88	0,75	0,83	0,77
Operating Profit Margin	2,93 %	1,72 %	4,65 %	2,97 %
Current Ratio	4,03	3,56	3,16	3,89
Quick Ratio	−1,58	−1,78	−2,2	−1,8
Equity Ratio	0,44	0,47	0,44	0,47
Gross Profit Margin	37,05 %	36,86 %	38,23 %	38,28 %