MUSIKKENS STUDIEFORBUND

0179 OSLO

Finances

Share Ownership

Return on Equity

50,02 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 291 000	41 127 000	48 343 000	45 554 000
Net Income	4 555 000	−1 037 000	309 000	337 000
Total Assets	27 319 000	31 601 000	22 943 000	21 059 000
Total Equity	9 106 000	4 551 000	5 588 000	5 402 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 291 000	41 127 000	48 343 000	45 554 000
Expenditure	37 899 000	42 205 000	48 125 000	45 368 000
Operating Profit	4 391 000	−1 078 000	218 000	186 000
Financial Income	165 000	42 000	91 000	151 000
Financial Costs	1 000	0	0	0
Financial Balance	164 000	42 000	91 000	151 000
Earnings Before Tax	4 555 000	−1 037 000	309 000	337 000
Tax	0	0	0	0
Net Income	4 555 000	−1 037 000	309 000	337 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	201 000	183 000	220 000	344 000
Total Current Assets	27 118 000	31 418 000	22 723 000	20 715 000
Total Assets	27 319 000	31 601 000	22 943 000	21 059 000
Total Retained Equity	9 106 000	4 551 000	5 588 000	5 402 000
Total Equity	9 106 000	4 551 000	5 588 000	5 402 000
Total Long-Term Debt	0	103 000	838 000	1 149 000
Total Current Debt	18 213 000	26 946 000	16 517 000	14 507 000
Total Equity and Debt	27 319 000	31 601 000	22 943 000	21 059 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	75 000	0	0	0
Other Income	42 216 000	41 127 000	48 343 000	45 554 000
Revenue	42 291 000	41 127 000	48 343 000	45 554 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 168 000	2 871 000	2 381 000	1 813 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	37 899 000	42 205 000	48 125 000	45 368 000
Operating Profit	4 391 000	−1 078 000	218 000	186 000
Financial Income	165 000	42 000	91 000	151 000
Financial Costs	1 000	0	0	0
Financial Balance	164 000	42 000	91 000	151 000
Dividends	0	0	0	0
Net Income	4 555 000	−1 037 000	309 000	337 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	90 000	0	0	0
Real Eastate	0	183 000	220 000	344 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	183 000	220 000	344 000
Total Fiancial Fixed Assets	110 000	0	0	0
Total Fixed Assets	201 000	183 000	220 000	344 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 944 000	31 233 000	22 721 000	20 665 000
Total Current Assets	27 118 000	31 418 000	22 723 000	20 715 000
Total Assets	27 319 000	31 601 000	22 943 000	21 059 000
Total Equity	9 106 000	4 551 000	5 588 000	5 402 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	103 000	838 000	1 149 000
Creditors	257 000	157 000	430 000	53 000
Unpaid Taxes	227 000	246 000	353 000	374 000
Dividends	0	0	0	0
Other Current Debt	17 728 000	26 543 000	15 734 000	14 080 000
Total Current Debt	18 213 000	26 946 000	16 517 000	14 507 000
Total Equity and Debt	27 319 000	31 601 000	22 943 000	21 059 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,02 %	−22,79 %	5,53 %	6,24 %
Debt-to-Equity Ratio	0	0,02	0,15	0,21
Operating Profit Margin	10,38 %	−2,62 %	0,45 %	0,41 %
Current Ratio	1,49	1,17	1,38	1,43
Quick Ratio	1,49	1,17	1,38	1,43
Equity Ratio	0,33	0,14	0,24	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %