STIFTELSEN SENTER FOR TIDLIGMUSIKK

7012 TRONDHEIM

Finances

Share Ownership

Return on Equity

1,18 %

Current Ratio

1,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 500 000	3 835 000	3 739 000	3 738 000
Net Income	18 000	650 000	0	219 000
Total Assets	2 685 000	2 293 000	1 527 000	1 834 000
Total Equity	1 527 000	1 509 000	860 000	860 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 500 000	3 835 000	3 739 000	3 738 000
Expenditure	3 485 000	3 184 000	3 722 000	3 515 000
Operating Profit	15 000	650 000	17 000	224 000
Financial Income	3 000	0	2 000	2 000
Financial Costs	0	0	19 000	6 000
Financial Balance	3 000	0	−17 000	−4 000
Earnings Before Tax	18 000	650 000	0	219 000
Tax	0	0	0	0
Net Income	18 000	650 000	0	219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	417 000	369 000	115 000	115 000
Total Current Assets	2 268 000	1 925 000	1 413 000	1 720 000
Total Assets	2 685 000	2 293 000	1 527 000	1 834 000
Total Retained Equity	1 413 000	1 390 000	740 000	740 000
Total Equity	1 527 000	1 509 000	860 000	860 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 157 000	784 000	667 000	974 000
Total Equity and Debt	2 685 000	2 293 000	1 527 000	1 834 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	347 000	166 000	725 000	973 000
Other Income	3 154 000	3 669 000	3 014 000	2 765 000
Revenue	3 500 000	3 835 000	3 739 000	3 738 000
Cost of Goods Sold	1 811 000	1 530 000	1 051 000	908 000
Salary Costs	367 000	683 000	728 000	584 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 485 000	3 184 000	3 722 000	3 515 000
Operating Profit	15 000	650 000	17 000	224 000
Financial Income	3 000	0	2 000	2 000
Financial Costs	0	0	19 000	6 000
Financial Balance	3 000	0	−17 000	−4 000
Dividends	0	0	0	0
Net Income	18 000	650 000	0	219 000

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	417 000	369 000	115 000	115 000
Fixtures	0	0	0	0
Total Tangible Assets	417 000	369 000	115 000	115 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	417 000	369 000	115 000	115 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 377 000	1 030 000	633 000	666 000
Total Current Assets	2 268 000	1 925 000	1 413 000	1 720 000
Total Assets	2 685 000	2 293 000	1 527 000	1 834 000
Total Equity	1 527 000	1 509 000	860 000	860 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	56 000	149 000	312 000	423 000
Unpaid Taxes	15 000	15 000	39 000	73 000
Dividends	0	0	0	0
Other Current Debt	1 086 000	620 000	316 000	478 000
Total Current Debt	1 157 000	784 000	667 000	974 000
Total Equity and Debt	2 685 000	2 293 000	1 527 000	1 834 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,18 %	43,07 %	0 %	25,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,43 %	16,95 %	0,45 %	5,99 %
Current Ratio	1,96	2,46	2,12	1,77
Quick Ratio	1,96	2,46	2,12	1,77
Equity Ratio	0,57	0,66	0,56	0,47
Gross Profit Margin	48,26 %	60,1 %	71,89 %	75,71 %