TONICA MUSIKK AS

4517 MANDAL

Finances

Return on Equity

24,07 %

Current Ratio

3,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 365 000	7 102 000	5 145 000	5 975 000
Net Income	406 000	315 000	148 000	66 000
Total Assets	2 454 000	2 623 000	2 436 000	1 968 000
Total Equity	1 687 000	1 280 000	965 000	817 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 365 000	7 102 000	5 145 000	5 975 000
Expenditure	8 832 000	6 679 000	4 928 000	5 939 000
Operating Profit	534 000	423 000	217 000	36 000
Financial Income	0	0	3 000	60 000
Financial Costs	12 000	19 000	30 000	29 000
Financial Balance	−12 000	−19 000	−27 000	31 000
Earnings Before Tax	521 000	404 000	190 000	67 000
Tax	115 000	89 000	42 000	2 000
Net Income	406 000	315 000	148 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	62 000	224 000	327 000
Total Current Assets	2 396 000	2 561 000	2 213 000	1 641 000
Total Assets	2 454 000	2 623 000	2 436 000	1 968 000
Total Retained Equity	1 587 000	1 180 000	865 000	717 000
Total Equity	1 687 000	1 280 000	965 000	817 000
Total Long-Term Debt	0	0	243 000	283 000
Total Current Debt	767 000	1 343 000	1 228 000	867 000
Total Equity and Debt	2 454 000	2 623 000	2 436 000	1 968 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 166 000	6 601 000	4 680 000	5 975 000
Other Income	200 000	501 000	465 000	0
Revenue	9 365 000	7 102 000	5 145 000	5 975 000
Cost of Goods Sold	6 609 000	5 136 000	3 311 000	4 049 000
Salary Costs	1 532 000	972 000	982 000	1 236 000
Depreciation	0	29 000	70 000	77 000
Impairment	0	0	0	0
Expenditure	8 832 000	6 679 000	4 928 000	5 939 000
Operating Profit	534 000	423 000	217 000	36 000
Financial Income	0	0	3 000	60 000
Financial Costs	12 000	19 000	30 000	29 000
Financial Balance	−12 000	−19 000	−27 000	31 000
Dividends	0	0	0	0
Net Income	406 000	315 000	148 000	66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	11 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	155 000	226 000
Total Tangible Assets	0	0	155 000	226 000
Total Fiancial Fixed Assets	58 000	58 000	58 000	96 000
Total Fixed Assets	58 000	62 000	224 000	327 000
Stock	954 000	883 000	791 000	936 000
Total Investments	0	0	0	0
Cash, Bank	851 000	1 276 000	1 296 000	195 000
Total Current Assets	2 396 000	2 561 000	2 213 000	1 641 000
Total Assets	2 454 000	2 623 000	2 436 000	1 968 000
Total Equity	1 687 000	1 280 000	965 000	817 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	243 000	283 000
Creditors	352 000	530 000	833 000	548 000
Unpaid Taxes	189 000	130 000	172 000	173 000
Dividends	0	0	0	0
Other Current Debt	115 000	600 000	176 000	141 000
Total Current Debt	767 000	1 343 000	1 228 000	867 000
Total Equity and Debt	2 454 000	2 623 000	2 436 000	1 968 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,07 %	24,61 %	15,34 %	8,08 %
Debt-to-Equity Ratio	0	0	0,25	0,35
Operating Profit Margin	5,7 %	5,96 %	4,22 %	0,6 %
Current Ratio	3,12	1,91	1,8	1,89
Quick Ratio	−12,81	5,57	5,06	−23,78
Equity Ratio	0,69	0,49	0,4	0,42
Gross Profit Margin	29,43 %	27,68 %	35,65 %	32,23 %