COUNTRYARTISTS INTERNATIONAL AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

−6,03 %

Current Ratio

0,19

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 389 000	315 000	1 540 000	3 259 000
Net Income	7 000	−180 000	297 000	145 000
Total Assets	27 000	9 000	287 000	33 000
Total Equity	−116 000	−123 000	57 000	−240 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 389 000	315 000	1 540 000	3 259 000
Expenditure	1 381 000	495 000	1 206 000	3 108 000
Operating Profit	9 000	−179 000	335 000	150 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	10 000	6 000
Financial Balance	−2 000	0	−10 000	−6 000
Earnings Before Tax	7 000	−180 000	325 000	145 000
Tax	0	0	28 000	0
Net Income	7 000	−180 000	297 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	27 000	9 000	287 000	33 000
Total Assets	27 000	9 000	287 000	33 000
Total Retained Equity	−476 000	−483 000	−303 000	−600 000
Total Equity	−116 000	−123 000	57 000	−240 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	142 000	132 000	230 000	273 000
Total Equity and Debt	27 000	9 000	287 000	33 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 389 000	315 000	1 540 000	3 259 000
Other Income	0	0	0	0
Revenue	1 389 000	315 000	1 540 000	3 259 000
Cost of Goods Sold	786 000	203 000	740 000	2 394 000
Salary Costs	294 000	91 000	213 000	421 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 381 000	495 000	1 206 000	3 108 000
Operating Profit	9 000	−179 000	335 000	150 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	10 000	6 000
Financial Balance	−2 000	0	−10 000	−6 000
Dividends	0	0	0	0
Net Income	7 000	−180 000	297 000	145 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	9 000	285 000	31 000
Total Current Assets	27 000	9 000	287 000	33 000
Total Assets	27 000	9 000	287 000	33 000
Total Equity	−116 000	−123 000	57 000	−240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	63 000	10 000	1 000
Unpaid Taxes	21 000	9 000	27 000	18 000
Dividends	0	0	0	0
Other Current Debt	118 000	60 000	164 000	254 000
Total Current Debt	142 000	132 000	230 000	273 000
Total Equity and Debt	27 000	9 000	287 000	33 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,03 %	146,34 %	521,05 %	−60,42 %
Debt-to-Equity Ratio	−0	−0	0	−0
Operating Profit Margin	0,65 %	−56,83 %	21,75 %	4,6 %
Current Ratio	0,19	0,07	1,25	0,12
Quick Ratio	0,19	0,07	1,25	0,12
Equity Ratio	−4,3	−13,67	0,2	−7,27
Gross Profit Margin	43,41 %	35,56 %	51,95 %	26,54 %