STIFTELSEN MUSIKSELSKABET HARMONIENS FONDSFORVALTNING

5015 BERGEN

Finances

Return on Equity

3,49 %

Current Ratio

6,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	265 000	259 000	255 000	252 000
Net Income	240 000	245 000	250 000	246 000
Total Assets	8 099 000	7 858 000	2 599 000	2 345 000
Total Equity	6 875 000	2 835 000	2 590 000	2 340 000

Income (NOK)	2022	2021	2020	2019
Revenue	265 000	259 000	255 000	252 000
Expenditure	26 000	14 000	5 000	6 000
Operating Profit	240 000	245 000	250 000	246 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	240 000	245 000	250 000	246 000
Tax	0	0	0	0
Net Income	240 000	245 000	250 000	246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	19 000	19 000	19 000
Total Current Assets	8 080 000	7 839 000	2 580 000	2 326 000
Total Assets	8 099 000	7 858 000	2 599 000	2 345 000
Total Retained Equity	0	0	0	0
Total Equity	6 875 000	2 835 000	2 590 000	2 340 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 224 000	5 023 000	9 000	5 000
Total Equity and Debt	8 099 000	7 858 000	2 599 000	2 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	265 000	259 000	255 000	252 000
Revenue	265 000	259 000	255 000	252 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	26 000	14 000	5 000	6 000
Operating Profit	240 000	245 000	250 000	246 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	240 000	245 000	250 000	246 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	19 000	19 000	19 000	19 000
Total Fixed Assets	19 000	19 000	19 000	19 000
Stock	0	0	0	0
Total Investments	6 000 000	0	0	0
Cash, Bank	82 000	7 584 000	2 325 000	2 071 000
Total Current Assets	8 080 000	7 839 000	2 580 000	2 326 000
Total Assets	8 099 000	7 858 000	2 599 000	2 345 000
Total Equity	6 875 000	2 835 000	2 590 000	2 340 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 224 000	5 023 000	9 000	5 000
Total Current Debt	1 224 000	5 023 000	9 000	5 000
Total Equity and Debt	8 099 000	7 858 000	2 599 000	2 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,49 %	8,64 %	9,65 %	10,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	90,57 %	94,59 %	98,04 %	97,62 %
Current Ratio	6,6	1,56	286,67	465,2
Quick Ratio	6,6	1,56	286,67	465,2
Equity Ratio	0,85	0,36	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %