SOUNDBAY MUSIC AS

3046 DRAMMEN

Finances

Share Ownership

Return on Equity

−84,94 %

Current Ratio

9,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	529 000	827 000	1 109 000	667 000
Net Income	−361 000	−87 000	118 000	−452 000
Total Assets	455 000	844 000	1 160 000	1 052 000
Total Equity	425 000	786 000	873 000	755 000

Income (NOK)	2022	2021	2020	2019
Revenue	529 000	827 000	1 109 000	667 000
Expenditure	620 000	934 000	955 000	1 244 000
Operating Profit	−92 000	−107 000	154 000	−578 000
Financial Income	1 000	0	3 000	0
Financial Costs	3 000	4 000	5 000	1 000
Financial Balance	−2 000	−4 000	−2 000	−1 000
Earnings Before Tax	−94 000	−112 000	152 000	−579 000
Tax	268 000	−25 000	34 000	−127 000
Net Income	−361 000	−87 000	118 000	−452 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	166 000	453 000	469 000	551 000
Total Current Assets	289 000	391 000	691 000	501 000
Total Assets	455 000	844 000	1 160 000	1 052 000
Total Retained Equity	325 000	686 000	773 000	655 000
Total Equity	425 000	786 000	873 000	755 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	31 000	58 000	287 000	296 000
Total Equity and Debt	455 000	844 000	1 160 000	1 052 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	529 000	827 000	1 109 000	667 000
Other Income	0	0	0	0
Revenue	529 000	827 000	1 109 000	667 000
Cost of Goods Sold	177 000	259 000	388 000	383 000
Salary Costs	1 000	17 000	24 000	346 000
Depreciation	109 000	91 000	81 000	246 000
Impairment	0	0	0	0
Expenditure	620 000	934 000	955 000	1 244 000
Operating Profit	−92 000	−107 000	154 000	−578 000
Financial Income	1 000	0	3 000	0
Financial Costs	3 000	4 000	5 000	1 000
Financial Balance	−2 000	−4 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−361 000	−87 000	118 000	−452 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	268 000	243 000	277 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	166 000	185 000	226 000	274 000
Total Tangible Assets	166 000	185 000	226 000	274 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	166 000	453 000	469 000	551 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	187 000	333 000	595 000	401 000
Total Current Assets	289 000	391 000	691 000	501 000
Total Assets	455 000	844 000	1 160 000	1 052 000
Total Equity	425 000	786 000	873 000	755 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	32 000	19 000	90 000
Unpaid Taxes	25 000	25 000	25 000	8 000
Dividends	0	0	0	0
Other Current Debt	0	0	243 000	199 000
Total Current Debt	31 000	58 000	287 000	296 000
Total Equity and Debt	455 000	844 000	1 160 000	1 052 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−84,94 %	−11,07 %	13,52 %	−59,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−17,39 %	−12,94 %	13,89 %	−86,66 %
Current Ratio	9,32	6,74	2,41	1,69
Quick Ratio	9,32	6,74	2,41	1,69
Equity Ratio	0,93	0,93	0,75	0,72
Gross Profit Margin	66,54 %	68,68 %	65,01 %	42,58 %