MUSIKKGARASJEN AS

9900 KIRKENES

Finances

Return on Equity

50 %

Current Ratio

0,19

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 433 000	1 503 000	544 000	1 675 000
Net Income	131 000	−44 000	−270 000	466 000
Total Assets	683 000	784 000	985 000	1 336 000
Total Equity	262 000	131 000	175 000	446 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 433 000	1 503 000	544 000	1 675 000
Expenditure	2 233 000	1 519 000	853 000	1 139 000
Operating Profit	201 000	−16 000	−309 000	537 000
Financial Income	0	0	0	0
Financial Costs	28 000	38 000	36 000	27 000
Financial Balance	−28 000	−38 000	−36 000	−27 000
Earnings Before Tax	172 000	−54 000	−345 000	510 000
Tax	42 000	−10 000	−74 000	44 000
Net Income	131 000	−44 000	−270 000	466 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	623 000	732 000	850 000	1 109 000
Total Current Assets	60 000	51 000	135 000	228 000
Total Assets	683 000	784 000	985 000	1 336 000
Total Retained Equity	229 000	98 000	142 000	413 000
Total Equity	262 000	131 000	175 000	446 000
Total Long-Term Debt	101 000	333 000	320 000	476 000
Total Current Debt	320 000	319 000	489 000	415 000
Total Equity and Debt	683 000	784 000	985 000	1 336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	141 000	449 000	194 000	29 000
Other Income	2 292 000	1 053 000	350 000	1 646 000
Revenue	2 433 000	1 503 000	544 000	1 675 000
Cost of Goods Sold	727 000	318 000	106 000	228 000
Salary Costs	346 000	520 000	236 000	194 000
Depreciation	251 000	262 000	258 000	283 000
Impairment	0	0	0	0
Expenditure	2 233 000	1 519 000	853 000	1 139 000
Operating Profit	201 000	−16 000	−309 000	537 000
Financial Income	0	0	0	0
Financial Costs	28 000	38 000	36 000	27 000
Financial Balance	−28 000	−38 000	−36 000	−27 000
Dividends	0	0	0	300 000
Net Income	131 000	−44 000	−270 000	466 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	55 000	50 000	40 000	41 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	448 000	452 000	441 000	561 000
Fixtures	119 000	230 000	368 000	506 000
Total Tangible Assets	567 000	682 000	809 000	1 067 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	623 000	732 000	850 000	1 109 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	26 000	39 000	40 000	210 000
Total Current Assets	60 000	51 000	135 000	228 000
Total Assets	683 000	784 000	985 000	1 336 000
Total Equity	262 000	131 000	175 000	446 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	101 000	333 000	320 000	476 000
Creditors	110 000	3 000	6 000	10 000
Unpaid Taxes	89 000	63 000	38 000	0
Dividends	0	0	0	300 000
Other Current Debt	73 000	253 000	445 000	19 000
Total Current Debt	320 000	319 000	489 000	415 000
Total Equity and Debt	683 000	784 000	985 000	1 336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50 %	−33,59 %	−154,29 %	104,48 %
Debt-to-Equity Ratio	0,39	2,54	1,83	1,07
Operating Profit Margin	8,26 %	−1,06 %	−56,8 %	32,06 %
Current Ratio	0,19	0,16	0,28	0,55
Quick Ratio	0,19	0,16	0,28	0,55
Equity Ratio	0,38	0,17	0,18	0,33
Gross Profit Margin	70,12 %	78,84 %	80,51 %	86,39 %