URBAN SOUND STUDIOS AS

0566 OSLO

Finances

Return on Equity

−5,59 %

Current Ratio

0,11

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	691 000	546 000	459 000	387 000
Net Income	108 000	55 000	−151 000	70 000
Total Assets	380 000	349 000	347 000	317 000
Total Equity	−1 932 000	−2 039 000	−2 094 000	−1 943 000

Income (NOK)	2022	2021	2020	2019
Revenue	691 000	546 000	459 000	387 000
Expenditure	584 000	491 000	610 000	392 000
Operating Profit	107 000	55 000	−151 000	−5 000
Financial Income	0	0	0	75 000
Financial Costs	−1 000	0	1 000	0
Financial Balance	1 000	0	−1 000	75 000
Earnings Before Tax	108 000	55 000	−151 000	70 000
Tax	0	0	0	0
Net Income	108 000	55 000	−151 000	70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	130 000	164 000	178 000	183 000
Total Current Assets	250 000	185 000	169 000	134 000
Total Assets	380 000	349 000	347 000	317 000
Total Retained Equity	−2 032 000	−2 139 000	−2 194 000	−2 043 000
Total Equity	−1 932 000	−2 039 000	−2 094 000	−1 943 000
Total Long-Term Debt	0	0	0	1 250 000
Total Current Debt	2 312 000	2 388 000	2 441 000	1 009 000
Total Equity and Debt	380 000	349 000	347 000	317 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	689 000	543 000	452 000	296 000
Other Income	3 000	4 000	7 000	91 000
Revenue	691 000	546 000	459 000	387 000
Cost of Goods Sold	11 000	11 000	0	0
Salary Costs	0	0	0	0
Depreciation	34 000	49 000	55 000	60 000
Impairment	0	0	0	0
Expenditure	584 000	491 000	610 000	392 000
Operating Profit	107 000	55 000	−151 000	−5 000
Financial Income	0	0	0	75 000
Financial Costs	−1 000	0	1 000	0
Financial Balance	1 000	0	−1 000	75 000
Dividends	0	0	0	0
Net Income	108 000	55 000	−151 000	70 000

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	80 000	114 000	128 000	183 000
Total Tangible Assets	80 000	114 000	128 000	183 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	0
Total Fixed Assets	130 000	164 000	178 000	183 000
Stock	0	0	0	0
Total Investments	0	0	0	50 000
Cash, Bank	69 000	46 000	19 000	30 000
Total Current Assets	250 000	185 000	169 000	134 000
Total Assets	380 000	349 000	347 000	317 000
Total Equity	−1 932 000	−2 039 000	−2 094 000	−1 943 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 250 000
Creditors	0	22 000	93 000	−22 000
Unpaid Taxes	26 000	18 000	9 000	−1 000
Dividends	0	0	0	0
Other Current Debt	2 286 000	2 349 000	2 340 000	1 032 000
Total Current Debt	2 312 000	2 388 000	2 441 000	1 009 000
Total Equity and Debt	380 000	349 000	347 000	317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,59 %	−2,7 %	7,21 %	−3,6 %
Debt-to-Equity Ratio	−0	−0	−0	−0,64
Operating Profit Margin	15,48 %	10,07 %	−32,9 %	−1,29 %
Current Ratio	0,11	0,08	0,07	0,13
Quick Ratio	0,11	0,08	0,07	0,13
Equity Ratio	−5,08	−5,84	−6,03	−6,13
Gross Profit Margin	98,41 %	97,99 %	100 %	100 %