DANSEKLUBBEN STUDIO 1

1461 LØRENSKOG

Finances

Share Ownership

Return on Equity

2,69 %

Current Ratio

0,3

Debt-to-Equity Ratio

−0,06

Key figures (NOK)	2019	2018	2017
Revenue	4 882 000	4 153 000	4 082 000
Net Income	−28 000	−460 000	−500 000
Total Assets	506 000	480 000	364 000
Total Equity	−1 042 000	−1 013 000	−553 000

Income (NOK)	2019	2018	2017
Revenue	4 882 000	4 153 000	4 082 000
Expenditure	4 911 000	4 614 000	4 578 000
Operating Profit	−29 000	−460 000	−497 000
Financial Income	1 000	1 000	0
Financial Costs	0	1 000	3 000
Financial Balance	1 000	0	−3 000
Earnings Before Tax	−28 000	−460 000	−500 000
Tax	0	0	0
Net Income	−28 000	−460 000	−500 000

Balance (NOK)	2019	2018	2017
Total Fixed Assets	56 000	62 000	0
Total Current Assets	450 000	418 000	364 000
Total Assets	506 000	480 000	364 000
Total Retained Equity	−1 042 000	−1 013 000	−553 000
Total Equity	−1 042 000	−1 013 000	−553 000
Total Long-Term Debt	60 000	120 000	180 000
Total Current Debt	1 488 000	1 374 000	737 000
Total Equity and Debt	506 000	480 000	364 000

Cash flow (NOK)	2019	2018	2017
Sales Income	3 381 000	2 927 000	2 994 000
Other Income	1 501 000	1 226 000	1 088 000
Revenue	4 882 000	4 153 000	4 082 000
Cost of Goods Sold	1 326 000	1 026 000	923 000
Salary Costs	968 000	1 088 000	1 355 000
Depreciation	6 000	1 000	0
Impairment	0	0	0
Expenditure	4 911 000	4 614 000	4 578 000
Operating Profit	−29 000	−460 000	−497 000
Financial Income	1 000	1 000	0
Financial Costs	0	1 000	3 000
Financial Balance	1 000	0	−3 000
Dividends	0	0	0
Net Income	−28 000	−460 000	−500 000

Balance details (NOK)	2019	2018	2017
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	56 000	62 000	0
Total Tangible Assets	56 000	62 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	56 000	62 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	424 000	303 000	201 000
Total Current Assets	450 000	418 000	364 000
Total Assets	506 000	480 000	364 000
Total Equity	−1 042 000	−1 013 000	−553 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	60 000	120 000	180 000
Creditors	1 367 000	1 225 000	404 000
Unpaid Taxes	−13 000	47 000	80 000
Dividends	0	0	0
Other Current Debt	135 000	102 000	253 000
Total Current Debt	1 488 000	1 374 000	737 000
Total Equity and Debt	506 000	480 000	364 000

Financial indicators	2019	2018	2017
Return on Equity	2,69 %	45,41 %	90,42 %
Debt-to-Equity Ratio	−0,06	−0,12	−0,33
Operating Profit Margin	−0,59 %	−11,08 %	−12,18 %
Current Ratio	0,3	0,3	0,49
Quick Ratio	0,3	0,3	0,49
Equity Ratio	−2,06	−2,11	−1,52
Gross Profit Margin	72,84 %	75,29 %	77,39 %