NORTHLINE MUSIC COMPANY AS

1593 SVINNDAL

Finances

Share Ownership

Return on Equity

169,23 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 000	100 000	53 000	77 000
Net Income	−44 000	9 000	7 000	26 000
Total Assets	56 000	79 000	65 000	61 000
Total Equity	−26 000	18 000	9 000	2 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 000	100 000	53 000	77 000
Expenditure	35 000	88 000	44 000	43 000
Operating Profit	−20 000	11 000	9 000	33 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−20 000	11 000	9 000	33 000
Tax	24 000	3 000	2 000	7 000
Net Income	−44 000	9 000	7 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	15 000	27 000	15 000
Total Current Assets	52 000	64 000	38 000	46 000
Total Assets	56 000	79 000	65 000	61 000
Total Retained Equity	−126 000	−82 000	−91 000	−98 000
Total Equity	−26 000	18 000	9 000	2 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	82 000	61 000	56 000	59 000
Total Equity and Debt	56 000	79 000	65 000	61 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 000	100 000	53 000	77 000
Other Income	0	0	0	0
Revenue	14 000	100 000	53 000	77 000
Cost of Goods Sold	0	0	0	2 000
Salary Costs	0	0	0	0
Depreciation	11 000	11 000	7 000	0
Impairment	0	0	0	0
Expenditure	35 000	88 000	44 000	43 000
Operating Profit	−20 000	11 000	9 000	33 000
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	−44 000	9 000	7 000	26 000

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	5 000	15 000	27 000	15 000
Total Tangible Assets	5 000	15 000	27 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	15 000	27 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	61 000	38 000	46 000
Total Current Assets	52 000	64 000	38 000	46 000
Total Assets	56 000	79 000	65 000	61 000
Total Equity	−26 000	18 000	9 000	2 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	0	0
Unpaid Taxes	18 000	20 000	13 000	19 000
Dividends	0	0	0	0
Other Current Debt	60 000	60 000	60 000	60 000
Total Current Debt	82 000	61 000	56 000	59 000
Total Equity and Debt	56 000	79 000	65 000	61 000

Financial indicators	2022	2021	2020	2019
Return on Equity	169,23 %	50 %	77,78 %	1 300 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−142,86 %	11 %	16,98 %	42,86 %
Current Ratio	0,63	1,05	0,68	0,78
Quick Ratio	0,63	1,05	0,68	0,78
Equity Ratio	−0,46	0,23	0,14	0,03
Gross Profit Margin	100 %	100 %	100 %	97,4 %