PROCOM MUSIC AS

3027 DRAMMEN

Finances

Return on Equity

−11,36 %

Current Ratio

29,64

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	284 000	16 762 000	13 749 000	15 584 000
Net Income	−726 000	6 099 000	598 000	−60 000
Total Assets	8 004 000	11 781 000	13 483 000	13 944 000
Total Equity	6 391 000	9 473 000	5 774 000	5 176 000

Income (NOK)	2022	2021	2020	2019
Revenue	284 000	16 762 000	13 749 000	15 584 000
Expenditure	1 215 000	8 790 000	12 803 000	15 400 000
Operating Profit	−932 000	7 972 000	946 000	184 000
Financial Income	4 000	4 000	6 000	3 000
Financial Costs	4 000	158 000	185 000	262 000
Financial Balance	0	−154 000	−179 000	−259 000
Earnings Before Tax	−931 000	7 819 000	767 000	−75 000
Tax	−205 000	1 720 000	169 000	−15 000
Net Income	−726 000	6 099 000	598 000	−60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	78 000	4 869 000	4 969 000
Total Current Assets	8 004 000	11 702 000	8 614 000	8 975 000
Total Assets	8 004 000	11 781 000	13 483 000	13 944 000
Total Retained Equity	6 309 000	9 391 000	5 692 000	5 094 000
Total Equity	6 391 000	9 473 000	5 774 000	5 176 000
Total Long-Term Debt	1 342 000	1 696 000	6 396 000	6 685 000
Total Current Debt	270 000	612 000	1 313 000	2 083 000
Total Equity and Debt	8 004 000	11 781 000	13 483 000	13 944 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	284 000	8 051 000	13 749 000	15 584 000
Other Income	0	8 711 000	0	0
Revenue	284 000	16 762 000	13 749 000	15 584 000
Cost of Goods Sold	4 000	5 611 000	8 600 000	10 191 000
Salary Costs	727 000	1 948 000	2 815 000	3 756 000
Depreciation	0	20 000	101 000	102 000
Impairment	0	0	0	0
Expenditure	1 215 000	8 790 000	12 803 000	15 400 000
Operating Profit	−932 000	7 972 000	946 000	184 000
Financial Income	4 000	4 000	6 000	3 000
Financial Costs	4 000	158 000	185 000	262 000
Financial Balance	0	−154 000	−179 000	−259 000
Dividends	0	0	0	0
Net Income	−726 000	6 099 000	598 000	−60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	4 751 000	4 797 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	39 000	94 000
Total Tangible Assets	0	0	4 790 000	4 891 000
Total Fiancial Fixed Assets	0	78 000	78 000	78 000
Total Fixed Assets	0	78 000	4 869 000	4 969 000
Stock	0	0	6 428 000	7 057 000
Total Investments	0	0	0	0
Cash, Bank	4 144 000	6 626 000	1 023 000	930 000
Total Current Assets	8 004 000	11 702 000	8 614 000	8 975 000
Total Assets	8 004 000	11 781 000	13 483 000	13 944 000
Total Equity	6 391 000	9 473 000	5 774 000	5 176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 342 000	1 696 000	6 396 000	6 685 000
Creditors	5 000	191 000	208 000	431 000
Unpaid Taxes	56 000	33 000	771 000	875 000
Dividends	0	0	0	0
Other Current Debt	60 000	133 000	244 000	777 000
Total Current Debt	270 000	612 000	1 313 000	2 083 000
Total Equity and Debt	8 004 000	11 781 000	13 483 000	13 944 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,36 %	64,38 %	10,36 %	−1,16 %
Debt-to-Equity Ratio	0,21	0,18	1,11	1,29
Operating Profit Margin	−328,17 %	47,56 %	6,88 %	1,18 %
Current Ratio	29,64	19,12	6,56	4,31
Quick Ratio	29,64	19,12	−1,68	−1,8
Equity Ratio	0,8	0,8	0,43	0,37
Gross Profit Margin	98,59 %	66,53 %	37,45 %	34,61 %