BAD MUSIC AS

8003 BODØ

Finances

Return on Equity

−6,76 %

Current Ratio

8,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	386 000	650 000	562 000	590 000
Net Income	−66 000	240 000	137 000	57 000
Total Assets	1 072 000	1 121 000	985 000	774 000
Total Equity	977 000	1 043 000	803 000	666 000

Income (NOK)	2022	2021	2020	2019
Revenue	386 000	650 000	562 000	590 000
Expenditure	470 000	547 000	477 000	598 000
Operating Profit	−83 000	104 000	85 000	−8 000
Financial Income	90 000	354 000	63 000	77 000
Financial Costs	72 000	206 000	11 000	12 000
Financial Balance	18 000	148 000	52 000	65 000
Earnings Before Tax	−66 000	252 000	137 000	57 000
Tax	0	12 000	0	0
Net Income	−66 000	240 000	137 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	282 000	45 000	49 000	57 000
Total Current Assets	790 000	1 076 000	936 000	717 000
Total Assets	1 072 000	1 121 000	985 000	774 000
Total Retained Equity	877 000	943 000	703 000	566 000
Total Equity	977 000	1 043 000	803 000	666 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	95 000	78 000	181 000	107 000
Total Equity and Debt	1 072 000	1 121 000	985 000	774 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	383 000	629 000	562 000	590 000
Other Income	3 000	21 000	0	0
Revenue	386 000	650 000	562 000	590 000
Cost of Goods Sold	0	0	0	0
Salary Costs	354 000	378 000	340 000	372 000
Depreciation	9 000	4 000	8 000	11 000
Impairment	0	0	0	0
Expenditure	470 000	547 000	477 000	598 000
Operating Profit	−83 000	104 000	85 000	−8 000
Financial Income	90 000	354 000	63 000	77 000
Financial Costs	72 000	206 000	11 000	12 000
Financial Balance	18 000	148 000	52 000	65 000
Dividends	0	0	0	0
Net Income	−66 000	240 000	137 000	57 000

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	237 000	0	4 000	12 000
Total Tangible Assets	237 000	0	4 000	12 000
Total Fiancial Fixed Assets	45 000	45 000	45 000	45 000
Total Fixed Assets	282 000	45 000	49 000	57 000
Stock	0	0	0	0
Total Investments	538 000	608 000	693 000	565 000
Cash, Bank	117 000	417 000	191 000	67 000
Total Current Assets	790 000	1 076 000	936 000	717 000
Total Assets	1 072 000	1 121 000	985 000	774 000
Total Equity	977 000	1 043 000	803 000	666 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	−1 000	0	0
Unpaid Taxes	23 000	23 000	142 000	48 000
Dividends	0	0	0	0
Other Current Debt	68 000	44 000	39 000	59 000
Total Current Debt	95 000	78 000	181 000	107 000
Total Equity and Debt	1 072 000	1 121 000	985 000	774 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,76 %	23,01 %	17,06 %	8,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−21,5 %	16 %	15,12 %	−1,36 %
Current Ratio	8,32	13,79	5,17	6,7
Quick Ratio	8,32	13,79	5,17	6,7
Equity Ratio	0,91	0,93	0,82	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %