SOUND OF NORWAY AS

3132 HUSØYSUND

Finances

Share Ownership

Return on Equity

−65,59 %

Current Ratio

0,15

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	567 000	329 000	342 000	51 000
Net Income	324 000	113 000	159 000	−23 000
Total Assets	150 000	96 000	122 000	35 000
Total Equity	−494 000	−818 000	−932 000	−1 091 000

Income (NOK)	2022	2021	2020	2019
Revenue	567 000	329 000	342 000	51 000
Expenditure	243 000	215 000	183 000	74 000
Operating Profit	324 000	114 000	159 000	−23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	324 000	113 000	159 000	−23 000
Tax	0	0	0	0
Net Income	324 000	113 000	159 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 000	0	15 000	30 000
Total Current Assets	97 000	96 000	107 000	5 000
Total Assets	150 000	96 000	122 000	35 000
Total Retained Equity	−594 000	−918 000	−1 032 000	−1 191 000
Total Equity	−494 000	−818 000	−932 000	−1 091 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	643 000	914 000	1 053 000	1 126 000
Total Equity and Debt	150 000	96 000	122 000	35 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	567 000	329 000	342 000	51 000
Other Income	0	0	0	0
Revenue	567 000	329 000	342 000	51 000
Cost of Goods Sold	67 000	58 000	49 000	24 000
Salary Costs	26 000	0	0	0
Depreciation	19 000	15 000	15 000	18 000
Impairment	0	0	0	0
Expenditure	243 000	215 000	183 000	74 000
Operating Profit	324 000	114 000	159 000	−23 000
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	324 000	113 000	159 000	−23 000

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	53 000	0	15 000	30 000
Total Tangible Assets	53 000	0	15 000	30 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	53 000	0	15 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	89 000	70 000	73 000	5 000
Total Current Assets	97 000	96 000	107 000	5 000
Total Assets	150 000	96 000	122 000	35 000
Total Equity	−494 000	−818 000	−932 000	−1 091 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	8 000	4 000	4 000
Unpaid Taxes	13 000	11 000	10 000	0
Dividends	0	0	0	0
Other Current Debt	622 000	896 000	1 039 000	1 122 000
Total Current Debt	643 000	914 000	1 053 000	1 126 000
Total Equity and Debt	150 000	96 000	122 000	35 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−65,59 %	−13,81 %	−17,06 %	2,11 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	57,14 %	34,65 %	46,49 %	−45,1 %
Current Ratio	0,15	0,11	0,1	0
Quick Ratio	0,15	0,11	0,1	0
Equity Ratio	−3,29	−8,52	−7,64	−31,17
Gross Profit Margin	88,18 %	82,37 %	85,67 %	52,94 %