OCEAN SOUND RECORDINGS AS

6052 GISKE

Finances

Share Ownership

Return on Equity

118,61 %

Current Ratio

0,55

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 648 000	2 646 000	3 851 000	2 868 000
Net Income	−835 000	−262 000	175 000	208 000
Total Assets	2 415 000	1 663 000	1 799 000	1 026 000
Total Equity	−704 000	131 000	393 000	218 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 648 000	2 646 000	3 851 000	2 868 000
Expenditure	3 386 000	2 973 000	3 620 000	2 600 000
Operating Profit	−738 000	−327 000	231 000	269 000
Financial Income	8 000	1 000	3 000	11 000
Financial Costs	329 000	10 000	3 000	8 000
Financial Balance	−321 000	−9 000	0	3 000
Earnings Before Tax	−1 059 000	−336 000	231 000	272 000
Tax	−225 000	−74 000	56 000	64 000
Net Income	−835 000	−262 000	175 000	208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	701 000	526 000	453 000	354 000
Total Current Assets	1 714 000	1 137 000	1 347 000	672 000
Total Assets	2 415 000	1 663 000	1 799 000	1 026 000
Total Retained Equity	−1 274 000	−439 000	−177 000	−352 000
Total Equity	−704 000	131 000	393 000	218 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 119 000	1 533 000	1 406 000	809 000
Total Equity and Debt	2 415 000	1 663 000	1 799 000	1 026 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 669 000	2 502 000	1 925 000	2 711 000
Other Income	−21 000	145 000	1 927 000	157 000
Revenue	2 648 000	2 646 000	3 851 000	2 868 000
Cost of Goods Sold	783 000	799 000	1 033 000	585 000
Salary Costs	791 000	673 000	581 000	663 000
Depreciation	212 000	173 000	135 000	88 000
Impairment	0	0	0	0
Expenditure	3 386 000	2 973 000	3 620 000	2 600 000
Operating Profit	−738 000	−327 000	231 000	269 000
Financial Income	8 000	1 000	3 000	11 000
Financial Costs	329 000	10 000	3 000	8 000
Financial Balance	−321 000	−9 000	0	3 000
Dividends	0	0	0	0
Net Income	−835 000	−262 000	175 000	208 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	305 000	80 000	7 000	62 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	391 000	446 000	446 000	292 000
Total Tangible Assets	391 000	446 000	446 000	292 000
Total Fiancial Fixed Assets	5 000	0	0	0
Total Fixed Assets	701 000	526 000	453 000	354 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	345 000	275 000	262 000	230 000
Total Current Assets	1 714 000	1 137 000	1 347 000	672 000
Total Assets	2 415 000	1 663 000	1 799 000	1 026 000
Total Equity	−704 000	131 000	393 000	218 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	97 000	119 000	173 000	137 000
Unpaid Taxes	64 000	29 000	26 000	28 000
Dividends	0	0	0	0
Other Current Debt	2 958 000	1 385 000	1 207 000	644 000
Total Current Debt	3 119 000	1 533 000	1 406 000	809 000
Total Equity and Debt	2 415 000	1 663 000	1 799 000	1 026 000

Financial indicators	2022	2021	2020	2019
Return on Equity	118,61 %	−200 %	44,53 %	95,41 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−27,87 %	−12,36 %	6 %	9,38 %
Current Ratio	0,55	0,74	0,96	0,83
Quick Ratio	0,55	0,74	0,96	0,83
Equity Ratio	−0,29	0,08	0,22	0,21
Gross Profit Margin	70,43 %	69,8 %	73,18 %	79,6 %