EDDA MUSIC AS

0562 OSLO

Finances

Share Ownership

Return on Equity

37,58 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 422 000	8 862 000	6 668 000	6 584 000
Net Income	475 000	479 000	853 000	12 000
Total Assets	5 205 000	5 063 000	3 797 000	3 101 000
Total Equity	1 264 000	1 947 000	1 469 000	616 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 422 000	8 862 000	6 668 000	6 584 000
Expenditure	6 841 000	8 221 000	5 742 000	6 571 000
Operating Profit	580 000	641 000	926 000	14 000
Financial Income	4 000	1 000	25 000	3 000
Financial Costs	12 000	6 000	5 000	4 000
Financial Balance	−8 000	−5 000	20 000	−1 000
Earnings Before Tax	572 000	637 000	946 000	12 000
Tax	98 000	158 000	93 000	0
Net Income	475 000	479 000	853 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	18 000	0	0
Total Current Assets	5 193 000	5 044 000	3 797 000	3 101 000
Total Assets	5 205 000	5 063 000	3 797 000	3 101 000
Total Retained Equity	648 000	1 331 000	853 000	0
Total Equity	1 264 000	1 947 000	1 469 000	616 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 941 000	3 115 000	2 328 000	2 485 000
Total Equity and Debt	5 205 000	5 063 000	3 797 000	3 101 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 422 000	8 862 000	6 668 000	6 580 000
Other Income	0	0	0	4 000
Revenue	7 422 000	8 862 000	6 668 000	6 584 000
Cost of Goods Sold	5 132 000	7 008 000	4 949 000	5 441 000
Salary Costs	1 151 000	610 000	327 000	652 000
Depreciation	6 000	1 000	0	44 000
Impairment	0	0	0	0
Expenditure	6 841 000	8 221 000	5 742 000	6 571 000
Operating Profit	580 000	641 000	926 000	14 000
Financial Income	4 000	1 000	25 000	3 000
Financial Costs	12 000	6 000	5 000	4 000
Financial Balance	−8 000	−5 000	20 000	−1 000
Dividends	1 158 000	0	0	1 020 000
Net Income	475 000	479 000	853 000	12 000

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	12 000	18 000	0	0
Total Tangible Assets	12 000	18 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	18 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 123 000	2 932 000	3 531 000	1 085 000
Total Current Assets	5 193 000	5 044 000	3 797 000	3 101 000
Total Assets	5 205 000	5 063 000	3 797 000	3 101 000
Total Equity	1 264 000	1 947 000	1 469 000	616 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 510 000	2 868 000	2 194 000	2 051 000
Unpaid Taxes	78 000	42 000	19 000	42 000
Dividends	1 158 000	0	0	1 020 000
Other Current Debt	1 257 000	47 000	22 000	52 000
Total Current Debt	3 941 000	3 115 000	2 328 000	2 485 000
Total Equity and Debt	5 205 000	5 063 000	3 797 000	3 101 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,58 %	24,6 %	58,07 %	1,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,81 %	7,23 %	13,89 %	0,21 %
Current Ratio	1,32	1,62	1,63	1,25
Quick Ratio	1,32	1,62	1,63	1,25
Equity Ratio	0,24	0,38	0,39	0,2
Gross Profit Margin	30,85 %	20,92 %	25,78 %	17,36 %