MUSIKSELSKABET HARMONIENS STIPENDIEFOND

5015 BERGEN

Finances

Share Ownership

Return on Equity

1,4 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 000	29 000	31 000	19 000
Net Income	9 000	23 000	27 000	14 000
Total Assets	649 000	651 000	624 000	593 000
Total Equity	645 000	636 000	613 000	585 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 000	29 000	31 000	19 000
Expenditure	4 000	6 000	4 000	5 000
Operating Profit	9 000	23 000	27 000	14 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	9 000	23 000	27 000	14 000
Tax	0	0	0	0
Net Income	9 000	23 000	27 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	649 000	651 000	624 000	593 000
Total Current Assets	0	0	0	0
Total Assets	649 000	651 000	624 000	593 000
Total Retained Equity	0	0	0	0
Total Equity	645 000	636 000	613 000	585 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 000	15 000	11 000	8 000
Total Equity and Debt	649 000	651 000	624 000	593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	13 000	29 000	31 000	19 000
Revenue	13 000	29 000	31 000	19 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 000	6 000	4 000	5 000
Operating Profit	9 000	23 000	27 000	14 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	9 000	23 000	27 000	14 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	649 000	651 000	624 000	593 000
Total Fixed Assets	649 000	651 000	624 000	593 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	0	0	0	0
Total Assets	649 000	651 000	624 000	593 000
Total Equity	645 000	636 000	613 000	585 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	15 000	11 000	8 000
Total Current Debt	4 000	15 000	11 000	8 000
Total Equity and Debt	649 000	651 000	624 000	593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,4 %	3,62 %	4,4 %	2,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	69,23 %	79,31 %	87,1 %	73,68 %
Current Ratio	0	0	0	0
Quick Ratio	0	0	0	0
Equity Ratio	0,99	0,98	0,98	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %