KONGSVINGER MUSIKKSENTER AS

2212 KONGSVINGER

Finances

Share Ownership

Return on Equity

−31,51 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 656 000	1 541 000	1 516 000	1 936 000
Net Income	−69 000	21 000	−46 000	−72 000
Total Assets	754 000	800 000	778 000	953 000
Total Equity	219 000	288 000	267 000	312 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 656 000	1 541 000	1 516 000	1 936 000
Expenditure	1 707 000	1 501 000	1 546 000	1 984 000
Operating Profit	−51 000	41 000	−30 000	−48 000
Financial Income	−18 000	−20 000	−16 000	−24 000
Financial Costs	0	0	0	0
Financial Balance	−18 000	−20 000	−16 000	−24 000
Earnings Before Tax	−69 000	21 000	−46 000	−72 000
Tax	0	0	0	0
Net Income	−69 000	21 000	−46 000	−72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	5 000	10 000
Total Current Assets	754 000	800 000	773 000	943 000
Total Assets	754 000	800 000	778 000	953 000
Total Retained Equity	119 000	188 000	167 000	212 000
Total Equity	219 000	288 000	267 000	312 000
Total Long-Term Debt	67 000	87 000	0	0
Total Current Debt	468 000	425 000	511 000	641 000
Total Equity and Debt	754 000	800 000	778 000	953 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 656 000	1 541 000	1 516 000	1 936 000
Other Income	0	0	0	0
Revenue	1 656 000	1 541 000	1 516 000	1 936 000
Cost of Goods Sold	930 000	802 000	936 000	1 156 000
Salary Costs	504 000	464 000	440 000	574 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 707 000	1 501 000	1 546 000	1 984 000
Operating Profit	−51 000	41 000	−30 000	−48 000
Financial Income	−18 000	−20 000	−16 000	−24 000
Financial Costs	0	0	0	0
Financial Balance	−18 000	−20 000	−16 000	−24 000
Dividends	0	0	0	0
Net Income	−69 000	21 000	−46 000	−72 000

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	5 000	10 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	5 000	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	5 000	10 000
Stock	674 000	651 000	555 000	758 000
Total Investments	0	0	0	0
Cash, Bank	13 000	13 000	99 000	72 000
Total Current Assets	754 000	800 000	773 000	943 000
Total Assets	754 000	800 000	778 000	953 000
Total Equity	219 000	288 000	267 000	312 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	67 000	87 000	0	0
Creditors	291 000	245 000	231 000	337 000
Unpaid Taxes	113 000	−2 000	55 000	30 000
Dividends	0	0	0	0
Other Current Debt	38 000	142 000	103 000	163 000
Total Current Debt	468 000	425 000	511 000	641 000
Total Equity and Debt	754 000	800 000	778 000	953 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,51 %	7,29 %	−17,23 %	−23,08 %
Debt-to-Equity Ratio	0,31	0,3	0	0
Operating Profit Margin	−3,08 %	2,66 %	−1,98 %	−2,48 %
Current Ratio	1,61	1,88	1,51	1,47
Quick Ratio	−3,66	−3,54	−17,57	−8,06
Equity Ratio	0,29	0,36	0,34	0,33
Gross Profit Margin	43,84 %	47,96 %	38,26 %	40,29 %