G-NETIC MUSIC AS

7224 MELHUS

Finances

Return on Equity

−100,5 %

Current Ratio

5,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	886 000	859 000	293 000	87 000
Net Income	−400 000	539 000	165 000	22 000
Total Assets	469 000	968 000	465 000	305 000
Total Equity	398 000	799 000	259 000	95 000

Income (NOK)	2022	2021	2020	2019
Revenue	886 000	859 000	293 000	87 000
Expenditure	1 295 000	253 000	125 000	66 000
Operating Profit	−409 000	607 000	167 000	21 000
Financial Income	3 000	0	2 000	1 000
Financial Costs	−6 000	1 000	4 000	0
Financial Balance	9 000	−1 000	−2 000	1 000
Earnings Before Tax	−400 000	606 000	165 000	22 000
Tax	0	67 000	0	0
Net Income	−400 000	539 000	165 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	107 000	107 000	107 000
Total Current Assets	363 000	861 000	358 000	198 000
Total Assets	469 000	968 000	465 000	305 000
Total Retained Equity	−64 000	336 000	−203 000	−368 000
Total Equity	398 000	799 000	259 000	95 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	71 000	170 000	206 000	210 000
Total Equity and Debt	469 000	968 000	465 000	305 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	886 000	846 000	293 000	87 000
Other Income	0	14 000	0	0
Revenue	886 000	859 000	293 000	87 000
Cost of Goods Sold	1 072 000	78 000	63 000	24 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 295 000	253 000	125 000	66 000
Operating Profit	−409 000	607 000	167 000	21 000
Financial Income	3 000	0	2 000	1 000
Financial Costs	−6 000	1 000	4 000	0
Financial Balance	9 000	−1 000	−2 000	1 000
Dividends	0	0	0	0
Net Income	−400 000	539 000	165 000	22 000

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	120 000	120 000	179 000	80 000
Total Investments	0	0	0	0
Cash, Bank	155 000	2 000	7 000	57 000
Total Current Assets	363 000	861 000	358 000	198 000
Total Assets	469 000	968 000	465 000	305 000
Total Equity	398 000	799 000	259 000	95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	8 000	120 000	128 000
Unpaid Taxes	8 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	59 000	95 000	86 000	82 000
Total Current Debt	71 000	170 000	206 000	210 000
Total Equity and Debt	469 000	968 000	465 000	305 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−100,5 %	67,46 %	63,71 %	23,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−46,16 %	70,66 %	57 %	24,14 %
Current Ratio	5,11	5,06	1,74	0,94
Quick Ratio	−7,41	17,22	13,26	1,52
Equity Ratio	0,85	0,83	0,56	0,31
Gross Profit Margin	−20,99 %	90,92 %	78,5 %	72,41 %