VISUELL MUSIKK AS

0458 OSLO

Finances

Return on Equity

−80,96 %

Current Ratio

17,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	317 000	1 144 000	813 000	412 000
Net Income	−506 000	376 000	495 000	75 000
Total Assets	657 000	1 290 000	1 016 000	365 000
Total Equity	625 000	1 132 000	756 000	261 000

Income (NOK)	2022	2021	2020	2019
Revenue	317 000	1 144 000	813 000	412 000
Expenditure	824 000	661 000	276 000	218 000
Operating Profit	−506 000	482 000	538 000	194 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	−506 000	482 000	538 000	193 000
Tax	0	106 000	43 000	118 000
Net Income	−506 000	376 000	495 000	75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	107 000	107 000	107 000
Total Current Assets	551 000	1 184 000	909 000	258 000
Total Assets	657 000	1 290 000	1 016 000	365 000
Total Retained Equity	517 000	1 024 000	648 000	153 000
Total Equity	625 000	1 132 000	756 000	261 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	32 000	159 000	260 000	104 000
Total Equity and Debt	657 000	1 290 000	1 016 000	365 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	317 000	1 144 000	813 000	412 000
Other Income	0	0	0	0
Revenue	317 000	1 144 000	813 000	412 000
Cost of Goods Sold	106 000	251 000	66 000	64 000
Salary Costs	30 000	−80 000	10 000	27 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	824 000	661 000	276 000	218 000
Operating Profit	−506 000	482 000	538 000	194 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	−506 000	376 000	495 000	75 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	107 000	107 000	107 000	107 000
Total Fixed Assets	107 000	107 000	107 000	107 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	460 000	422 000	143 000	117 000
Total Current Assets	551 000	1 184 000	909 000	258 000
Total Assets	657 000	1 290 000	1 016 000	365 000
Total Equity	625 000	1 132 000	756 000	261 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	4 000	5 000	3 000
Unpaid Taxes	0	0	1 000	4 000
Dividends	0	0	0	0
Other Current Debt	25 000	48 000	211 000	97 000
Total Current Debt	32 000	159 000	260 000	104 000
Total Equity and Debt	657 000	1 290 000	1 016 000	365 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−80,96 %	33,22 %	65,48 %	28,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−159,62 %	42,13 %	66,17 %	47,09 %
Current Ratio	17,22	7,45	3,5	2,48
Quick Ratio	17,22	7,45	3,5	2,48
Equity Ratio	0,95	0,88	0,74	0,72
Gross Profit Margin	66,56 %	78,06 %	91,88 %	84,47 %