ØRA MUSIKK AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

12,39 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 900 000	4 370 000	2 757 000	2 377 000
Net Income	100 000	131 000	85 000	−70 000
Total Assets	1 973 000	1 342 000	964 000	775 000
Total Equity	807 000	707 000	576 000	491 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 900 000	4 370 000	2 757 000	2 377 000
Expenditure	5 729 000	4 198 000	2 656 000	2 427 000
Operating Profit	170 000	171 000	100 000	−51 000
Financial Income	2 000	0	0	0
Financial Costs	26 000	27 000	15 000	19 000
Financial Balance	−24 000	−27 000	−15 000	−19 000
Earnings Before Tax	146 000	144 000	85 000	−70 000
Tax	46 000	13 000	0	0
Net Income	100 000	131 000	85 000	−70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	410 000	513 000	123 000	114 000
Total Current Assets	1 563 000	829 000	842 000	661 000
Total Assets	1 973 000	1 342 000	964 000	775 000
Total Retained Equity	66 000	−34 000	−165 000	−251 000
Total Equity	807 000	707 000	576 000	491 000
Total Long-Term Debt	226 000	349 000	129 000	219 000
Total Current Debt	940 000	285 000	259 000	65 000
Total Equity and Debt	1 973 000	1 342 000	964 000	775 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 571 000	3 451 000	2 283 000	1 442 000
Other Income	1 330 000	919 000	474 000	935 000
Revenue	5 900 000	4 370 000	2 757 000	2 377 000
Cost of Goods Sold	3 742 000	2 656 000	1 551 000	1 650 000
Salary Costs	699 000	318 000	2 000	3 000
Depreciation	86 000	74 000	60 000	83 000
Impairment	0	0	0	0
Expenditure	5 729 000	4 198 000	2 656 000	2 427 000
Operating Profit	170 000	171 000	100 000	−51 000
Financial Income	2 000	0	0	0
Financial Costs	26 000	27 000	15 000	19 000
Financial Balance	−24 000	−27 000	−15 000	−19 000
Dividends	0	0	0	0
Net Income	100 000	131 000	85 000	−70 000

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	410 000	513 000	123 000	114 000
Total Tangible Assets	410 000	513 000	123 000	114 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	410 000	513 000	123 000	114 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	943 000	547 000	345 000	135 000
Total Current Assets	1 563 000	829 000	842 000	661 000
Total Assets	1 973 000	1 342 000	964 000	775 000
Total Equity	807 000	707 000	576 000	491 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	226 000	349 000	129 000	219 000
Creditors	260 000	87 000	34 000	12 000
Unpaid Taxes	104 000	141 000	87 000	52 000
Dividends	0	0	0	0
Other Current Debt	529 000	44 000	138 000	1 000
Total Current Debt	940 000	285 000	259 000	65 000
Total Equity and Debt	1 973 000	1 342 000	964 000	775 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,39 %	18,53 %	14,76 %	−14,26 %
Debt-to-Equity Ratio	0,28	0,49	0,22	0,45
Operating Profit Margin	2,88 %	3,91 %	3,63 %	−2,15 %
Current Ratio	1,66	2,91	3,25	10,17
Quick Ratio	1,66	2,91	3,25	10,17
Equity Ratio	0,41	0,53	0,6	0,63
Gross Profit Margin	36,58 %	39,22 %	43,74 %	30,58 %