T-K MUSIC PRODUCTION AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

10,12 %

Current Ratio

2,51

Debt-to-Equity Ratio

−1,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 778 000	1 696 000	1 142 000	1 518 000
Net Income	−113 000	−609 000	−560 000	−23 000
Total Assets	1 274 000	1 128 000	1 026 000	727 000
Total Equity	−1 117 000	−1 003 000	−394 000	166 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 778 000	1 696 000	1 142 000	1 518 000
Expenditure	1 883 000	2 292 000	1 683 000	1 520 000
Operating Profit	−105 000	−597 000	−541 000	−2 000
Financial Income	0	0	0	0
Financial Costs	8 000	12 000	19 000	20 000
Financial Balance	−8 000	−12 000	−19 000	−20 000
Earnings Before Tax	−113 000	−609 000	−560 000	−23 000
Tax	0	0	0	0
Net Income	−113 000	−609 000	−560 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	463 000	429 000	439 000	18 000
Total Current Assets	810 000	699 000	587 000	709 000
Total Assets	1 274 000	1 128 000	1 026 000	727 000
Total Retained Equity	−3 817 000	−3 703 000	−3 094 000	−2 534 000
Total Equity	−1 117 000	−1 003 000	−394 000	166 000
Total Long-Term Debt	2 068 000	0	0	0
Total Current Debt	323 000	2 132 000	1 420 000	561 000
Total Equity and Debt	1 274 000	1 128 000	1 026 000	727 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 763 000	1 636 000	1 142 000	1 518 000
Other Income	15 000	59 000	0	0
Revenue	1 778 000	1 696 000	1 142 000	1 518 000
Cost of Goods Sold	499 000	976 000	804 000	724 000
Salary Costs	550 000	508 000	346 000	324 000
Depreciation	156 000	105 000	0	2 000
Impairment	0	0	76 000	0
Expenditure	1 883 000	2 292 000	1 683 000	1 520 000
Operating Profit	−105 000	−597 000	−541 000	−2 000
Financial Income	0	0	0	0
Financial Costs	8 000	12 000	19 000	20 000
Financial Balance	−8 000	−12 000	−19 000	−20 000
Dividends	0	0	0	0
Net Income	−113 000	−609 000	−560 000	−23 000

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	187 000	0	0	0
Fixtures	276 000	429 000	439 000	18 000
Total Tangible Assets	463 000	429 000	439 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	463 000	429 000	439 000	18 000
Stock	543 000	670 000	639 000	699 000
Total Investments	0	0	0	0
Cash, Bank	1 000	30 000	0	1 000
Total Current Assets	810 000	699 000	587 000	709 000
Total Assets	1 274 000	1 128 000	1 026 000	727 000
Total Equity	−1 117 000	−1 003 000	−394 000	166 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 068 000	0	0	0
Creditors	0	−115 000	−87 000	−106 000
Unpaid Taxes	74 000	−134 000	−46 000	−79 000
Dividends	0	0	0	0
Other Current Debt	165 000	2 315 000	1 477 000	679 000
Total Current Debt	323 000	2 132 000	1 420 000	561 000
Total Equity and Debt	1 274 000	1 128 000	1 026 000	727 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,12 %	60,72 %	142,13 %	−13,86 %
Debt-to-Equity Ratio	−1,85	−0	−0	0
Operating Profit Margin	−5,91 %	−35,2 %	−47,37 %	−0,13 %
Current Ratio	2,51	0,33	0,41	1,26
Quick Ratio	−3,68	0,48	0,75	−5,14
Equity Ratio	−0,88	−0,89	−0,38	0,23
Gross Profit Margin	71,93 %	42,45 %	29,6 %	52,31 %